Volati has established new long-term sustainability targets

The board of Volati has established new long-term sustainability targets for the operations within the Group-wide focus areas of Business Ethics, Environment & Climate, and Employees.

Sustainability is an important building block in Volati’s ambition to create long-term value over time, as business models that fail to adapt will see their offerings lose competitiveness towards employees, customers, and society as a whole. Therefore, sustainability should be ingrained in all parts of the Group's work, with the ambition to shape the business culture that Volati’s companies build over time. For Volati, this means identifying and leveraging the opportunities that a well-developed sustainability work can create, in combination with managing and minimizing risks related to sustainability.

As part of this, the board has established sustainability targets for the operations. The purpose of the sustainability goals is to better measure and follow up on the sustainability work. A key requirement to be able to act sustainably in the long term is a strong financial position. Therefore, the sustainability targets should be evaluated as a whole and together with Volati’s financial targets. The board has defined sustainability targets within three Group-wide focus areas:

Business ethics
Volati has zero tolerance for business ethics violations and all Volati companies must have effective procedures to ensure good compliance with the code of conduct, both internally and in the value chain.
Target: Zero business ethics incidents in the Group.

Environment & climate
Volati will reduce the Group’s own emissions (Scope 1 & 2) in line with the 1.5 degree target of the Paris Agreement.
Target: A 40 percent reduction in emissions by 2030 compared with the base year 2021.

Employees
Volati will be an inclusive and safe workplace that welcomes employees with different backgrounds and experiences.
Target: By 2030, the Group’s management teams will have a gender distribution in the range of 40–60 percent for each gender.

Read more in Volati’s Sustainability Report, published on www.volati.se.

Datum 2023-03-31, kl 08:15
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