End-to-End Sustainable Development

Almost everything we do involves water, one of the world’s most crucial resources. That’s why sustainability is a natural part of everything we do, every day. We consider the whole picture, taking into account social, economic, and environmental aspects throughout the entire journey – from the idea stage to when our products are used in our customers’ daily lives.

Sustainability

The Year in Numbers

The percentage of the group’s total energy consumption from renewable sources.
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Sales growth of products classified as "Better" or "Best".
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Employee attendance.
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Reduction of CO2-emissions from scope 1,2 and goods transports according to GHG-protocol scope 3 category 4.
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Read our sustainability report here

Our Focus Areas

Sustainable business requires work on multiple dimensions and levels. We aim to develop more sustainable products, make responsible purchases, minimise our own environmental footprint, and prioritise an attractive and safe working environment for our employees. We operate based on three focus areas aligned with the UN’s 17 global goals, prioritizing the six goals we see as most important and impactful for us.

Sustainable products
Sustainable processes

Our Sustainability Strategy

Our business idea is to “offer strong brands with a WOW factor that customers are willing to pay a little extra for.” A central component of this business idea is our strong focus on sustainability, which is one of our five strategic cornerstones. Our ambition is to be recognized as a leader in product sustainability in our main markets and to act responsibly while continuously reducing our environmental impact throughout the value chain.

We are working towards four clear sustainability goals:

Fulfillment of sustainability goals in 2023

Sustainability GoalsTarget 2023Outcome 2023Outcome 2022Outcome 2021
Sales growth, product classification Better & Best1≥ 12 %13 %20 %10 %
Reduce CO2 emissions in Scope 1, 2 and transportation2≥ 5 %2 %16 %12 %
Healthy attendance rate≥ 96 %94 %94 %95 %
Employee survey index “Voice”≥ 68 %66 %62 %60 %

1) Within the group, we divide our products into the three ranges Good, Better and Best based on a sustainability perspective. The classification is based on the products’ energy classification, material content and certification.

2) Emissions generated in the group excluding Aqua Invent i Lomma AB, Aqualla Brassware Ltd and Guangzhou Ostnor Sanitary Ware Ltd where data is missing. The scope is Scope 1 and 2 as well as freight transport in accordance with the GHG protocol’s Scope 3 category 4 (https://www.ghgprotocol.org/). The reduction is calculated on the total emissions in relation to sales volume. 

Ecovadis

In 2024, FM Mattsson Group received a silver ranking from Ecovadis, placing us among the top 13% in sustainability within our segment of the global manufacturing industry.

Sustainability Throughout the Value Chain

We work with sustainability throughout our entire value chain and try to identify areas where we can have a positive impact on people and the environment.

How We Work

Our sustainability work is comprehensive and involves many aspects. We strive to focus on areas where we have significant direct or potential impact, by annually assessing and analysing the risks and opportunities, as well as through dialogue with our stakeholders.

Reducing Climate Change

We support the 1.5 °C target and the EU’s climate goal of achieving net-zero greenhouse gas emissions by 2050. Here are some examples of how we work:

Reduction of CO₂ Emissions

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In 2023 we reduced CO2-emissions from goods transports to our facilities with 6 percent which equals 56 tonnes CO2e.

Water – A Vital Resource

There is a water shortage in large parts of the world, and according to the United Nations, it will worsen in the coming decades, not least in Europe.

The most significant impact is achieved by working towards better solutions so that our customers can reduce their water consumption.

Our workplaces, meetings, external conferences and training courses are free of bottled water.

Products with Less Environmental Impact

Our products are classified as Good, Better, or Best based on energy classification, material content, and certification.

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In 2023, sales increased by 13% for water taps in the Better and Best categories.

Material Usage

The entire society needs to transition to a circular economy if we are to meet climate goals. Businesses are no exception.

Waste management

We work in several ways to reduce the generation of direct and indirect waste.

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In 2023, a new evaporator was commissioned at the Mora factory. This reduces the amount of liquid hazardous waste by over 90%, which both provides cost savings and reduces truck transport.

Responsible Supply Chain

A crucial aspect of our sustainability efforts is to take responsibility throughout the supply chain.

Through proactive dialogue with our suppliers, we can advocate for good working conditions, reduce the risk of human rights violations and more. We aim to ensure that our suppliers also maintain a secure and safe working environment while working to minimize their negative environmental impact.

All suppliers must sign our code of conduct for suppliers.

Nasdaq ESG

FM Mattsson AB has been certified as a Nasdaq ESG Transparency Partner 2023. Certification is awarded to companies that demonstrate a high level of market transparency in environmental, social and governance issues.

Employee and Culture

FM Mattsson AB is one of the larger employers in the municipality of Mora and a significant employer in several other cities where we operate.

 

Committed, well-being, and secure employees are a central part of our strategy and a prerequisite for a thriving, growing business. Regardless of where we operate, we aspire to be an attractive workplace where employees enjoy their work, have favourable conditions and collectively contribute to developing the business to achieve our vision and goals.

Code of Conduct

and Whistleblower Function

In our code of conduct, there are guidelines that all employees and collaborators must adhere to. It encompasses business ethics, human rights and working conditions, health and safety, information disclosure, quality, and the environment and is based on:

  • The United Nations’ human rights and related conventions
  • The International Labour Organization’s declaration on fundamental principles and rights at work
  • The OECD guidelines for multinational enterprises
  • The United Nations Global Compact’s 10 principles for human rights, labour, environment and anti-corruption
  • The quality and environmental management systems ISO 9001 and ISO 14001

Whistleblower Function

If an employee or other stakeholder believes that we are not acting in accordance with our Code of Conduct, or that our business partners are not meeting the conditions of the Code of Conduct, there is an opportunity to report this through a web form available on our website.