avk-esg-2024-25 - Flipbook - Page 38
S
OUR SOCIAL
RESPONSIBILITY
Key highlights of 2024/25
Future goals and activities
• We have developed the AVK Group Code of
Conduct for employees and are currently
implementing it and providing training
across all the companies in the AVK Group.
• We will continue the implementation of the
AVK Group Code of Conduct for employees
across all companies, supported by
integration into local management systems
and defined KPIs to ensure effective
monitoring and continuous improvement.
• During the financial year of 2024/25, we
have launched the leadership development
programme “AVK Future Leadership”.
• In 2024/25, we experienced an increase
in the Lost Time Accident Frequency Rate
(LTAFR) as it reached 7.09.
• We will intensify our safety work to reach
our target of an LTAFR of less than 3.0 by
2030.
• We expect further implementation of ISO
45001 in 2025/26.
• The number of ISO 45001 certificates on
management of occupational health and
safety has increased from 33 to 39.
* For further details, see Social under Tables, comments, and accounting policies
Our employees and
working conditions
The AVK Group employs more than 5,500
people worldwide and is committed to providing
good working conditions, fostering diversity,
and supporting employee development and wellbeing across all locations. We respect and value
everyone regardless of age, gender, ethnicity,
religious beliefs, or sexual orientation and we
adhere to the UN Declaration of Human Rights
and uphold equal rights regardless of gender,
ethnicity, religion, or political views.
The AVK Group Code of Conduct and policies
set clear guidelines on rights, obligations, and
opportunities, as well as being a support to the
value-based leadership that is fundamental
to AVK.
In 2023/24, we updated our Code of Conduct
and global policies to meet increasing
stakeholder expectations and upcoming
legal requirements. Key updates include
strengthened provisions on human rights,
prohibition of explorative child and forced
labour, and the right to collective bargaining.
Implementation began in 2024/25 and will
continue in 2025/26.
In 2023, as a part of our Group strategy, we
established the People & Leadership function to
38 | AVK Group Sustainability report 2024/2025
drive global initiatives in talent and leadership
development. Our leadership framework,
The AVK Way of Leadership, is rooted in our
Core Values – quality, innovation, reliability,
sustainability, and customer service – and
outlines seven leadership principles that define
good leadership across the AVK Group. These
principles guide how we lead, develop, and
support our people.
Locally initiated and implemented well-being
initiatives, including mental health programmes,
sports, team-building, and social activities
exist across our decentralised structure. We
also support charitable causes aligned with our
values. Many employees celebrate 25 or even
40 years with AVK, reflecting our strong culture
and commitment to being more than just a
workplace.
Occupational health and
safety
The AVK Group prioritises healthy, safe, and
attractive working conditions across all our
companies. Working conditions have been
identified as a material topic in our Double
Materiality Assessment, as they impact both
employee well-being and the Group’s long-term
performance.
Safety First
“Safety First” is a programme designed
by AVK Holding as a way of working
with workplace safety for the individual
companies within the AVK Group. The
programme focuses on improving
workplace safety by reducing accidents
and enhancing the safety culture within
the organisations.
Through targeted workshops, the Safety
First programme promotes proactive
identification, reporting of risks, and
ensuring employees are engaged in
maintaining a safe work environment.
The programme includes analysing the
current safety situation, verifying safety
activities, and collecting staff input on
risks and unsafe practices.
Via continuous safety improvement,
the goal is to establish a strong safety
culture, minimise accidents, and reduce
absenteeism caused by injuries.
