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Annual and Sustainability Report 2025

Sustainability statement

How to read the sustainability statement

This report is written in accordance with the European Sustainability Reporting Standards (ESRS, EU 2023/2772) as incorporated into Swedish law and is a part of the administration report.

A summarized description of our sustainability work can be found in the chapter Our success is based on sustainability and a strong corporate culture.

Epiroc’s work with the Sustainable Development Goals (SDG)

We want to contribute to the sustainable development of society, taking into account both people and the planet. We support and are committed to help accelerate the implementation of the Paris Agreement and the SDGs which is an important UN milestone that sets the scene for ending extreme poverty, fighting inequality and injustice and protecting the environment. Epiroc has a role to play in the effort to reach the SDGs by reducing negative impacts on people and the planet and by maximizing the value we deliver through our products and core business operations. We can make the greatest difference in nine of the 17 SDG goals and their sub targets and indicators (referenced numbers). Here is how:

 

E WEB Goal 05

(5.1) We aim to contribute to ending all forms of discrimination. We strive to increase the proportion of women employees and managers and have a target to double the number of women in operational roles by 2030, based on merit and competence. Read more in ESRS S1.

E WEB Goal 06

(6.1-6.2) We aim to strengthen local communities in improving water and sanitation management through our support of ‘Water for All’, an initiative founded by our employees. Water-well drill rigs are part of our product offering. We also reduce water consumption in operations. 

E WEB Goal 07

(7.2-7.3) We aim to increase the share of renewable energy and limit the use of energy overall in our operations. We are developing more efficient products and battery-electric equipment that support low-carbon alternatives. Read more in ESRS E1.

E WEB Goal 08

(8.2, 8.5, 8.7-8.8) We aim to contribute to higher levels of economic productivity and decent job creation by providing safe and decent working conditions, a key part of our Code of Conduct (CoC). We provide products for safer mining operations. Read more in ESRS S1 and S4.

E WEB Goal 09

(9.4-9.5) We aim to contribute to upgrading infrastructure and retrofitting industries to make them more sustainable, growing the market for clean and environmentally sound technologies with high-productivity products and services. Read more in ESRS E1.

E WEB Goal 12

(12.2, 12.4-12.6) We use natural resources efficiently and we aim to generate less waste through elimination, reduction, recycling and reuse in our operations We reduce the use of fossil fuels and increase renewable energy in operations. We provide tools for deconstruction and recycling. Read more in ESRS E1 and E5.

E WEB Goal 13

(13.2) We aim to halve our CO₂e emissions in operations, transport, for relevant suppliers and in the use phase of our products to help tackle climate change. Our solutions support our customers in their efforts to achieve their CO₂e emissions targets and meet climate change. Read more in ESRS E1.

E WEB Goal 16

(16.2-16.3, 16.5) We aim to contribute to reducing corruption in all forms and our CoC and Business Partner CoC state zero tolerance, and a prohibition of any form of modern slavery. Internal mandatory CoC training and a Responsible Sales Assessment process are in place. Read more in ESRS S2, S3 and G1.

E WEB Goal 17

(17.16-17.17) We collaborate in different industry networks, partnerships and alliances. By mobilizing and sharing our knowledge, expertise, technology and resources, we support the achievement of the Sustainable Development Goals in countries where we operate. Read more in ESRS 2.

 

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