Materiality analysis

The Group Executive Management conducts a materiality analysis on a regular basis. The starting point comprises the sustainability agenda for the Group, deriving from, for example:

  • international frameworks and institutions such as the Global Reporting Initiative (GRI) and the UN Global Compact
  • media reports
  • global trends
  • dialogs with our stakeholders
  • our own assessment of relevant areas

In late 2016, following a decentralization process in the company, a materiality analysis was conducted which applies for 2017–2018.

A number of questions relating to the prioritization of our Group sustainability agenda were sent out to internal and external stakeholders. Following a decision by the Group Executive Management, inspired by the stakeholder dialog, five aspects were selected as material for the Group and several aspects were found relevant for the business areas.

Targets and key performance indicators have been developed for each material aspect both at the Group level and at the business area level.

Sandvik material aspects 2017–2018
Our offerings Our operations
Group Followed up entirely by
the business areas
Compliance3
Sustainable supplier management2
Use, reuse, recondition and recycle3
Health and safety3
A diverse and inclusive organization1
Sandvik Machining Solutions Innovation and productivity2 Compliance3
Sustainable supplier management2
Efficient use of materials and resources3
Health and Safety3
Sandvik Mining and
Rock Technology
Innovation and productivity2
Health and safety2
Environmental impact2
Governance3
Compliance3
Customer relations2
Sustainable supplier management2
Efficient use of materials and resources3
Reduction of other emissions3
Health and safety3
A diverse and inclusive organization1
Sandvik Materials Technology Innovation and productivity2
Environmental impact2
Customer relations2
Sustainable supplier management2
Carbon dioxide emissions3
Use, reuse, recondition and recycling3
Efficient use of materials and resources3
Health and safety3

1) Material inside Sandvik
2) Material mainly outside Sandvik (supplier and/or customer)
3) Material both inside and outside Sandvik (supplier and/or customer)