Corporations have multiple dimensions of responsibility.
We need to act on all of them.
Aasted wants to balance our responsibilities to employees, shareholders, and the environment. That’s why we’ve made the Triple Ps (People, Planet, Profit) the foundation of the revised business strategy that everyone from our board of directors to our youngest managers now follow.
We use our Responsibility5 framework to operationalize and follow up on our strategic intent. This framework helps everyone in the organization act on our five shared responsibilities every day. We use this framework to track and report our progress in reaching goals that are specific, measurable, ambitious, and achievable.
Together, we’re stronger. As we work towards more sustainable products and processes, we seek partnerships with likeminded organizations, close collaboration with customers and vendors, and talented people who share our values and want to join us.
Towards a more sustainable Aasted
Collaboration and partnerships are key to a sustainable Aasted
"Collaborations and partnerships leverage impact and are key to developing new, more sustainable solutions. At Aasted we strongly believe in sharing best practices and working with stakeholders across the value chain and throughout the community to contribute to changes that bring us all closer to more sustainable business practices."
Piet H. Tæstensen
CEO
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Sustainability is everyone’s responsibility at Aasted
"Aasted can only make progress towards better sustainability if everyone in the organization works towards solutions that make a positive difference in the world. That’s why our commitment to sustainability begins at the top and extends to everyone in the organization."
Allan Aasted
Owner & Vice Chairman
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Put sustainability at the heart of Aasted
"With products that last for generations, Aasted is naturally positioned to promote responsible consumption. We embrace this responsibility and believe our success as a company must be measured by how we create value across our Triple Ps: People, Planet and Profit."
Frederikke Aasted
Sustainability Advisory
Board Member
Board Member
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Responsibility demands action
Download our latest Corporate Responsibility Report to learn how Aasted is implementing programs and activities throughout the organization to help us reach our Responsibility5 goals.
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Responsibility5
Aasted’s five dimensions of corporate responsibility
Responsible business
We do business ethically, comply with international and local legislation, and seek partnerships that create value for the many – not just for ourselves.
Responsible processes
As we work towards net-zero by 2030 to mitigate the risks of climate change and environmental degradation, we will continue to reduce CO2 emissions from our production and administrative facilities and use the resources available to us with increasing efficiency.
Responsible products
Prioritizing R&D and innovation projects that will enable us to become fit for circularity and partnering up with suppliers and customers to reduce environmental impacts we will work to meet our goal of halving the CO2e emissions across our entire supply chain.
Responsible culture
We strive to create an inclusive, empathic organization that enables all to develop professionally and personally.
Responsible workplaces
Our working environments must be healthy, safe places that promote physical, psychological, and social wellbeing for all employees – and respect for the environment.
by 2030 (scope 1 and 2).
reduction of value chain
emissions by 2030 (scope 3).
reduction in accident
frequency rate by 2025.
UN Global Compact
Aasted is a member of United Nations Global Compact (UNGC), the world’s largest voluntary initiative for ethical and responsible business conduct.
By incorporating UNGC’s 10 principles within the areas of human and labor rights, environmental sustainability, and anti-corruption into our strategies, policies, and procedures, Aasted embraces a culture of integrity in all dealings and makes a strong commitment to sustainable development.
UN Sustainable Development Goals
Aasted is committed to the UN’s Sustainable Development Goals (SDGs) and prioritizes the SDGs where we have the greatest impact:
SDG 9 – Industry, innovation and infrastructure
SDG 12 – Responsible consumption and production
SDG 13 – Climate action
SDG 17 – Partnerships for the goal
Because all SDGs are integrated and interconnected, our policies and actions must support the goals holistically.
EcoVadis
EcoVadis is the world’s most trusted provider of sustainability ratings. More than 90,000 companies in over 200 industries use the EcoVadis platform, scorecard, benchmarks, and improvement tools to work towards more sustainable supply chain practices and products.
In 2022 EcoVadis awarded Aasted with a Platinum Medal for our sustainability practices and results.
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