ASSA ABLOY’s mission to guarantee safety and security to homes, communities and workplaces is founded on a commitment to core values that will serve to enhance and support the company’s global environmental endeavours.
Sustainability as a growth strategy
With the rise of environmental concerns and resource consumption, it has become important for businesses to develop products that incorporate energy-saving techniques while maintaining product leadership. Sustainability can be incorporated into business processes to propel long-term growth.
By doing more work with fewer resources, ASSA ABLOY strives to strengthen their foothold in the global economy and ensure that their business is conducted in an ethical, compliant and sustainable way.
Sustainable actions at ASSA ABLOY have resulted in significant developments in terms of new sustainability products, water efficiency and energy efficiency. The company offers a growing range of products with Environmental Product Declarations, verifying 332 declarations in 2018. By investing in green buildings, ASSA ABLOY responds directly to customer demands for energy savings, reduced material consumption, and improved health and safety.
Key outcomes in 2018 included a 10% decrease in water intensity and a 5% decrease in energy intensity. The company also conducted 1,055 sustainability audits of suppliers in low-cost countries, and the focus on health and safety saw the injury rate reducing by 11%.
In the current global economy, as an increasing number of people move to urban centres, there will be a need for higher investment in advanced access solutions in homes, workplaces and communities.
By 2020, ASSA ABLOY aims to reduce waste generation and water intensity, improve energy efficiency, and increase the usage of renewable energy – all by 20%. The company will rely on increased digitisation, resource reduction and climate-smart technologies to serve the energy-saving needs of customers, society and the global environment.