Statement on due diligence (GOV-4)
Due diligence approach
We recognize that respecting human rights and protecting the environment are fundamental responsibilities of a sustainable business. We are committed to conducting due diligence in line with the UN Guiding Principles on Business and Human Rights and the OECD Guidelines for Multinational Enterprises. There are several internal policies and procedures to ensure that we and our business partners adhere to our ethical standards, such as the sustainable sourcing due diligence framework, the due diligence process for mergers and acquisitions, and the Responsible Sales Assessment. Protection of the environment and worker health and safety are also integrated into our ISO 14001 and ISO 45001 certified management system. These processes provide input to the double materiality assessment by identifying key areas of environmental and social impacts.
Identified impacts are managed through appropriate measures depending on whether Epiroc is causing, contributing or linked to an issue, as prescribed in the UN Guiding Principles on Business and Human Rights.
Core elements of due diligence
The table below shows how and where the main aspects and steps of the due diligence process are reflected in the sustainability statement.
| Core elements of due diligence | Section | Pages | Connected disclosure requirement |
| Embedding due diligence in governance, strategy and business model | The administrative, management and supervisory bodies | 83-85 | GOV-2 |
| Sustainability-related incentive schemes | 85 | GOV-3 | |
| Material impacts, risks and opportunities and their interaction with strategy and business model | 88 | SBM-3 | |
| Engaging with affected stakeholders in all key steps of the due diligence | Interests and views of stakeholders | 88-89 | SBM-2 |
| Processes to identify and assess material impacts, risks and opportunities | 90-91 | IRO-1 | |
| Processes for engaging with own workforce | 123 | S1-2 | |
| Processes for engaging with workers in the value chain | 135 | S2-2 | |
| Processes for engaging with affected communities | 141 | S3-2 | |
| Processes for engaging with customers about impacts | 145 | S4-2 | |
| Identifying and assessing adverse impacts | Processes to identify and assess material impacts, risks and opportunities | 90-91 | IRO-1 |
| Material impacts, risks and opportunities and their interaction with strategy and business model. | 88, 93-96, 109, 112-113, 121-122, 133-134, 140-141, 144, 148-149 | SBM-3 | |
| Taking actions to address those adverse impacts | Transition plan for climate change mitigation | 96-99 | E1-1 |
| Processes for remediation and channels to raise concerns | 124, 136, 142, 145-146 | S1-3, S2-3, S3-3, S4-3 | |
| Actions and resources | 100-102, 110, 114-115 | E1-3, E2-2, E5-2 | |
| 124-130, 136-138, 142, 146-147 | S1-4, S2-4, S3-4, S4-4 | ||
| Tracking the effectiveness of these efforts and communicating | Metrics and targets | 102-106, 108 | E1-4, E1-5, E1-6, E1-7, E1-8 |
| 111 | E2-3 | ||
| 116-117 | E5-3, E5-4, E5-5 | ||
| 126-132 | S1-5, S1-6, S1-8, S1-9, S1-10, S1-14, S1-16, S1-17 | ||
| 138-139, 143, 147 | S2-5, S3-5, S4-5 |