Circular Economy

Our Approach

At TOMRA, we define corporate sustainability as the management of business relevant environmental (E), social (S) and corporate governance (G) issues. With the recognition that relevant ESG issues occur across business functions and can have impact on various parts of the organization. We have taken an integrated approach to sustainability management, anchored in Group Strategy.

Governance

Since 2019 TOMRA has had a Group Sustainability function, working closely with Group Strategy and Business Development teams from each of TOMRA’s three divisions to embed sustainability in all strategy planning for future growth. Group Sustainability leads strategic efforts to set, review, and report on sustainability ambitions and targets. Implementation efforts are largely owned and executed within the divisions, with technical support and coordination from Group. Sustainability and ESG reporting is owned by Group Finance, and executed in close collaboration with Group Sustainability.

Leadership

It is in the role of the Board of Directors to ensure that the Group’s corporate governance, environmental, social, and ethical practices are adequate. The Corporate Sustainability Board Committee assists the Board by monitoring and reviewing TOMRA’s practices and policies in this area, including regular reviews of progress. The Chief Executive Officer is ultimately responsible for decisions on corporate sustainability strategy and management, with sustainability a regular topic at Executive Leadership Team meetings. Efforts to identify, assess, and manage sustainability-related risks and opportunities are largely integrated in the company-wide risk management process and strategic planning at Group and Business Unit levels.

Engagement

A Group-wide Sustainability Network has been established as an open-to-all forum where colleagues can regularly communicate on various sustainability topics, inspire and learn from each other, and. The goal is to foster staff engagement and ownership of the sustainability agenda through a team of ‘local champions’, supporting the development and implementation of local sustainability initiatives across TOMRA.