At Prenax, we are committed to sustainability in everything we do. We believe that our business success depends on our environmental and social responsibility. That's why we have set ambitious goals to reduce our carbon footprint, conserve natural resources, and support our communities. Some of the actions we have taken to achieve these goals include:
- Switching to renewable energy sources for our operations
- Implementing waste reduction and recycling programs
- Investing in green products and services
- Partnering with organizations to promote environmental education and awareness
- Increasing internal awareness through various activities and training
We are proud of our achievements so far, but we know there is more work to be done. We invite you to join us in our journey to create a better future for everyone.
CEO - Prenax Group
Prenax’s goals are aligned with the UN’s seventeen global sustainability goals and we are committed to the United Nations Global Compact and Forward Faster initiative. We believe that ESG begins at the very core of a company. Our work on sustainability comprises of a comprehensive set of key commitments across all the Environmental, Social and Governance (ESG) dimensions that guide the execution of our strategy. It includes ambitious targets and detailed plans of action.
Over time, we have seen the industry slowly move away from print, towards digital content, in an era of new innovation. We have a long history of advocating online resources to our customers, in place of printed products.
Our commitment to ESG has been influenced by the fact that Prenax was founded in the Nordics, in Sweden 1993. The Nordic region has historically been a driver of social, governmental and environmental topics. We have set our global standards high in all areas of our operations and have actively defined environmental impacts and sought eco-friendly alternatives.
Our aim is to become carbon neutral by 2030, with 100% of our energy being produced by renewable sources and 100% of our waste being recycled.
Clear reduction targets: energy usage + waste
Sustainability: proactive 3rd party engagement
Employee learning + development
Diversity, inclusion and a safe working environment
We offer the national living wage
Encouraged employee engagement
Responsible leadership + independent monitoring
Defined core values which we live and work by
Legally compliant service + solutions
Ethical behaviour: detailed code of conduct
Risk management: meeting strategic + operational objectives
Transparency + accountability for all actions
ESG and Sustainable Development Goals.
The United Nations SDGs provide a global framework for addressing social, economic, and environmental challenges.
Governance - Ethics
Our ESG Commitment: Corruption and bribery - adherence to code of conduct and policies
Our KPI: Percentage of employees trained and number of whistleblower cases treated
2030 Target :100% of employees trained and 100% of whistleblower cases treated
Social - Health and Safety
Our ESG Commitment: Ensuring a safe working environment and a diverse culture for employees
Our KPI: Accident rate and percentage of employees trained
2030 Target : Maintain our 100% training record and to maintain our 0% incident level
Social - human capital, talent attraction, employee satisfaction
Our ESG Commitment: We commit to a sustainable workplace in all aspects of employment
Our KPI: Turnover rates and resignations, percentage of employees who have had performance reviews and number of surveys
2030 Target: 100% of managers conducting performance reviews & 100% of employees who have had performance reviews
Governance - diversity & inclusion
Our ESG Commitment: Diversity in leadership teams
Our KPI: Percentage of men-women in supervisory positions
2030 Target: Gender balance
Social - human rights, diversity & inclusion
Our ESG Commitment: Equal opportunity concerns all aspects of employment
Our KPI: Percentage of employees trained in diversity and inclusion
2030 Target: Each year for 100% of staff to be trained in diversity and inclusion
Environment - environmental footprint energy
Our ESG Commitment: Limiting the usage of natural resources
Our KPI: Percentage of green energy purchased
2030 Target: 100% Green energy
Governance - supply chain
Our ESG Commitment: Select and engage with suppliers based on ESG standards
Our KPI: Percentage of suppliers adhering to ESG standards
2030 Target :100% of all suppliers to be compliant
Environment - environmental footprint waste
Our ESG commitment: Limiting output from operating activities
Our KPI: Amount of waste generated per site
2030 Target: 100% of waste to be recycled
Environment - environmental footprint emissions
ESG Commitment: Minimise carbon footprint and raise awareness
Our KPI: Annual Scope 1 & 2 emissions reduction
2030 Target: To become carbon neutral
EcoVadis Silver Rating.
Sustainability is a key pillar of Prenax and, as such, we take our ESG responsibilities as a business very seriously. This means environmental, labour and human rights, ethics as well as sustainable procurement.
As a result, we are proud of our EcoVadis accreditation which is testament of the hard work invested by the Prenax team in this area.
We have achieved their Silver award two years in a row with an increase of 12% this year. Ranking us 82% more sustainable, efficient and socially aware. This places us as in the top 18% of all 90,000 companies rated by EcoVadis. We endeavour to increase this year on year.
For more information on business sustainability ratings click here: ecovadis.com