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Our Commitment and Strategy

In the Spring of 2020, we concluded Asetek’s first comprehensive sustainability strategy which runs until end of 2023. Asetek’s Strategic Sustainability Framework outlines our general commitment to sustainable development and how it is supported by a number of strategic focus areas and overall ambitions for addressing our material topics. The framework also forms the structure of the following report chapters.

 

Read our 2021 Sustainability Report here 

 

Setting the level of ambitions and actionable goals is an iterative and very dynamic process. Hence, we will revise our goals and ambitions yearly at a minimum. In December 2021, halfway through the strategy period, we conducted our first strategy review as planned. In the review, the steering committee concluded that all sustainability goals remain relevant. Hence, in our sustainability strategy we continue to pursue these ambitious goals that are to be attained before the end of 2023:

Goals

// Asetek’s operations are climate-neutral (Scope 1 + 2, partly 3) by 2023

// We have reduced our absolute CO2 emissions by a minimum of 50% (index year 2019)

// We have conducted an LCA assessment on 100% of our products

// 100% of our primary suppliers have signed Asetek’s Responsible Business Relationships Code of Conduct

// 100% of our employees have a high understanding of Asetek’s goals within sustainability

// Our goals align 100% with RBA

// We systematically collect quantitative data for all our CSR policy areas to ensure a high-quality standard of our sustainability data and the ability to monitor progress of our efforts

// We have defined and implemented a process for continuously identifying, preventing, or mitigating potential and/or actual adverse impacts according to the principles reflected in our CSR policy commitments and the UNGPs/OECD

// We have significantly increased communication, transparency and awareness of our efforts towards our stakeholders

Our Core Strategic Focus Areas

OUR PRODUCTS AND OPERATIONS

Responsible Products
Minimize the environmental and climate impact of our products by developing responsible liquid cooling and SimSports solutions

Responsible operations
Walking the talk by mitigating adverse environmental impacts of our operations and working towards climate neutrality

person touches the water with his hand

OUR ROLE IN SOCIETY

Working for a Greener Future
Engage with key external stakeholders and lobby for a greener future

Protecting Business Integrity
Promote transparency and prevent corruption

Being a Good Corporate Citizen
Foster strong local communities through engagement and sponsorships with end-user

OUR PEOPLE

Promoting Human Potential and diversity
Ensure healthy, fair, and safe working conditions for all people in Asetek

Promote inclusive and effective learning and working environments to inspire skills and potentials of all employees

Promote diversity among all employees and management

OUR BUSINESS PARTNERS

Fostering Responsible Business Relationships
Ensure that Asetek’s business relationships, including suppliers and partners, demonstrate responsible business conduct

Act against the use of conflict minerals

2021 Selected Highlights:

// Reached an all-time high on product performance in terms of energy efficiency

// Continued efforts to implement our sustainability strategy

// Analyzed product material use as part of Life-cycle Assessment

// Continued implementing our policy commitments

// Conducted our first Human Rights risk assessment

 

// Trained our sales force in anti-corruption practices

// Improved ESG data management

// Improved our overall ESG rating since we working systematically with sustainability

// Conducted first sustainability strategy review

Our commitment to sustainable development:

 

AS THE GLOBAL LEADER IN HIGH-PERFORMANCE LIQUID COOLING AND SIMSPORTS SOLUTIONS FOR GAMERS, ENTHUSIASTS, AND DATA CENTER OPERATORS, ASETEK IS COMMITTED TO PROVIDING CUTTING EDGE TECHNOLOGY THAT RESPONDS TO THE CHALLENGES OF THE WORLD AND PROMOTES SUSTAINABLE DEVELOPMENT.

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