Dialogue with stakeholders

Dialogue with various stakeholders means that Billerud is constantly able to improve processes and working methods. This is a long-term communication process characterised by openness and respect. During the year, in-depth dialogue with investors and analysts brought Billerud new angles on reporting sustainability performance.

DIALOGUE WITH STAKEHOLDERS


Billerud’s five most important stakeholder groups are investors, customers, employees, business partners and society. These have been identified on the basis of the mutual value created in the relationship between Billerud and the respective groups. Identifying, understanding and managing the expectations of stakeholders is crucial to the company’s long-term survival. For the stakeholders, this dialogue offers a potential platform to promote issues in a respectful and solution-oriented manner. The dialogue continues throughout the year, informally and in a more structured form.

Billerud constantly seeks to deepen the dialogue to forge closer links with stakeholders, to find out whether the company is fulfilling its undertakings and to ensure that its work on sustainability is correctly focused. A closer and deeper dialogue also gives the stakeholders an opportunity to think about sustainability issues, in turn leading to increased awareness and development of sustainability in general.

Investors

During the year three separate meetings on sustainability issues were held with investors and analysts.

The analysts wanted the sustainability report to be based on the company’s strategy and business model, consistently demonstrating how these questions affect work on sustainability. It is important that the business is healthy from a social perspective and is characterised by proactivity. It is also important that work on sustainability addresses the entire impact of the products. It was pointed out that taking the natural environment into account is a key question from the point of view of sustainability. A clearer link to the challenges in the area of human resources and the targets set was desired.

Stakeholder groups Definition Type of dialogue Sustainability issues Results
INVESTORS Shareholders
Analysts
Potential investors
Annual report including sustainability report, interim reports,
Website,
Investor meetings,
Press conferences,
Meetings with analysts,
Surveys from ethical and environmental
investment funds.
Economic value development sustainable in the long term,
Business and product development perspective linked to sustainability trends.
Sustainability report,
OMX GES Nordic Services Sustainability Index.
Customers Existing customers
Customers’ customers
End-consumers
Personal meetings, daily contact,
Fairs, seminars & customer meetings,
Customer surveys/questionnaires.
General requirements for sustainable corporate management and Code of Conduct.
Specific questions, such as: certified volumes of forest, illegal felling, key biotopes, carbon footprint, REACH, groundwater.
Environment brochure,
Carbon footprint study,
Sales support material on environmental issues,
Product development.
Existing suppliers Supplier evaluations. Have discussed codes of conduct and sustainability issues with suppliers during procurement. Revised purchasing policy.
Lenders Personal meetings.
Financial communication.
Economic value development sustainable in the long term.
Employees Existing employees Workplace meetings,
Work environment groups,
Staff surveys (including leadership index),
Incident follow-up,
Performance reviews.
Skills development,
Work environment and safety,
Fitness measures.
Diversity.
Skills development model,
Extensive work on the work environment and safety,
Action plan for victimisation at work.
Diversity survey.
Union representatives Local joint meetings,
Working committee meetings,
European Works Council.
Work environment and safety,
Skills development,
Terms of contract.
Open and constructive dialogue,
Greater respect and understanding of each other’s situation.
Future employees Mill visits,
Careers fairs at colleges and universities,
Industry evenings.
Environmental issues.
Ethical issues.
Terms of employment.
Employer branding.
Trainee programme.
Business partners Partners Close contacts and development projects. Developing sustainable and resource-efficient packaging,
Developing bioplastic barriers.
New products and packaging solutions, such as FibreForm.
Society Local residents Focus groups, Information meetings,
Environmental reports at mill level,
Environment panels.
Emissions to air and water,
What has happened,
Plans for the future at mills.
Greater respect and understanding of each other’s situation and actions.
Schools and universities Close contact with educational institutions, Study visits. Regional skills-boosting initiatives: training, work placements. Built a basis for future recruitment.
Greater range of technical vocational training courses.
Authorities Contact with County Administrative Boards and municipalities in conjunction with supervision,
Statutory environmental reports.
Emissions to air and water, noise, energy, land issues, waste, use of chemicals. Better understanding of each other’s points of view on environmental issues.
Certification bodies On-site visits and other kinds of dialogue in conjunction with audits. Legislation and criteria of the standard in question. Views of external bodies on the business and proposed improvements.
SP Technical Research Institute of Sweden External audit of FSC and PEFC certification. Legislation and criteria of the standard in question. Views of external bodies on the business and proposed improvements.