ESG at Verisure

We protect what matters most, a mission naturally aligned with our commitment to ESG

Download 2023 Sustainability Report

Our ESG Strategy

Our commitment to ESG is intrinsic to our company purpose, mission, and corporate values.

Listening to our Stakeholders

Our ESG Strategy is guided by our commitment to our stakeholders

Listening to our suppliers, customers, colleagues, investors, partners and communities allows us to accelerate action and adapt to changing contexts. However, more importantly, engaging with our stakeholders helps us to make the right decisions with transparency, honesty and responsibility while continuing to align with our ambitious goal of making a difference in society.

“Our purpose is the promise we make to our customers, colleagues, investors, suppliers, partners and communities every day – to Protect What Matters Most.”
Austin Lally, Chief Executive Officer.

Identifying what matters to our Stakeholders

Double Materiality Assessment 2023

We carried out a double materiality assessment to identify our material topics, subtopics, and the most relevant IROs (Impact, Risks, and Opportunities). This process evaluates the impact of sustainability factors from a double perspective on materiality:
  • Financial materiality: identifies which sustainability issues could financially impact our company.
  • Impact materiality: assesses the impact of our activities on  Environmental, Social, and Governance factors.
As a result of this exercise we confirmed our 11 material topics, previously identified in our materiality assessment, and shown in this Double Materiality Matrix.

Committed to Action

We work to have a positive impact on the six Sustainable Development Goals (SDGs) that are most aligned with our strategy: gender equality, decent work and economic growth, reduced inequalities, responsible consumption and production, climate action and peace, justice, and strong institutions.

In addition, as participants of the United Nations Global Compact (UNGC), we aim to act responsibly and incorporate the Ten Principles of the UNGC on human rights, employment, anti-corruption, and the environment into our strategies and operations.

ESG action, facts & figures

Women in our company


women representation overall and 33% women representation in leadership as gender 2030 targets.

Renewable energy


Sustainable Engagement survey score in 2023.

Product and logistic


of strategic and important suppliers rated in ESG by 2025.

GHG emissions


scope 1&2 emission intensity as GHG 2030 targets vs 2021 and -40% scope 3 GHG emission intensity (revenue-intensity based).
Net Zero GHG emissions by 2050.


Single-use Plastics usage in Product Packaging by 2030 vs our plastic weight per unit in 2021.

Families and small businesses protected

5.1 M

families and small business protected as of December 31, 2023.


employees as of December 31, 2023.

New colleagues


Net jobs created since 2016.

€681 M

Total tax paid and indirect taxes collected in 2023.

Ethics and Integrity

Our Group Compliance framework consists of our Group Code of Conduct, complemented by several policies and standards, including:

Group Anti-Harassment and Non-Discrimination Policy

We have zero tolerance for discrimination or harassment based on any characteristic across all our operations. At Verisure we define discrimination as any unjust or prejudicial treatment of people on the grounds of characteristics like gender, race or ethnicity, age, national origin, religion or belief, sexual orientation, gender identity or expression, marital status or disability and harassment as behaviour directed at an individual or a group which creates an offensive, intimidating, humiliating, or hostile work environment.

Group Speak-up Policy

To avoid and eradicate any conduct that may put someone’s integrity at risk, it is everyone’s responsibility to speak up if they suspect or witness a violation of our Code of Conduct, policies, standards, or applicable laws. To help colleagues and other stakeholders report events, our Group Speak-Up Framework and Policy explains the types of misconduct that should be reported and how to raise concerns.

Group Anti-Bribery Policy

Corruption and bribery are also addressed within our Group Code of Conduct and Group Anti-Bribery Policy, both available on our intranet sites for colleagues to read as well as on our website for investor access. As stated in other Policies and Standards, colleagues must also comply with these policy documents. It is our colleagues’ responsibility to speak up in case of any questions, doubts or concerns. Country management teams are responsible for identifying, managing, and mitigating bribery risks relevant to their businesses.

Group Data Privacy Policy

Everyone at Verisure handles personal data. It is therefore critical that we all are aware of the principles and rules to follow for such data and comply with them in all we do. This Policy sets the principles and rules we must all follow to protect personal data in our operations and continue earning the trust of our customers, colleagues and business partners.

Group Fair Competition Policy

Fair competition cuts across all areas of our business – when we purchase, when we sell, when we negotiate, and when we have contact with competitors. Violation of competition laws never pays off. This Policy sets the principles and rules to prevent breaches of competition law.

Group Anti-Facilitation of Tax Evasion Policy

Tax Evasion, and the deliberate and dishonest facilitation of Tax Evasion by another person, are criminal offences. The purpose of this Policy is to prevent the facilitation of Tax Evasion by Third Parties we deal with.

Group Delegation of Authority

This Policy provides a fundamental governance framework for operating the Group.

Group Information Security Policy

This Policy sets out specific goals, objectives, security-risk and requirements, defining accountability and responsibility for Information Security.

Group Acceptable Use of IT Resources Policy

This Policy establishes the principles and responsibilities for acceptable use of IT, including what are acceptable and unacceptable behaviours.

Supplier Standards and Ethical Code

In 2021, we created the Supplier Standards and Ethical Code, which also aligns with the Ten Principles of the UN Global Compact. This document was incorporated into our procurement sourcing tool throughout 2022, and its acceptance became a requirement in the qualification phase. We also started monitoring the compliance of our strategic and most relevant suppliers, based on the documentation provided.

Verisure: Rated as an ESG ‘Global Top Rated’ company

In the last quarter of 2023, we engaged with Morningstar Sustainalytics to obtain our first solicited ESG risk rating. These ratings measure the exposure of a company to industry-specific material ESG risks and how well it manages those risks to achieve comparable results across industries.

The rating distinguishes five levels of risk: negligible, low, medium, high, and severe.

Verisure received an ESG Risk Rating of 7.1 and was assessed by Morningstar Sustainalytics1 to be at negligible risk of experiencing material financial impacts from ESG factors. During the process, the company was also recognised as an ESG Global 50 Top Rated company, as well as an ESG Regional and Industry Top Rated company.

TopRated ESG Global 50

1 In November 2023, Verisure Midholding AB received an ESG Risk Rating of 7.1 and was assessed by Morningstar Sustainalytics to be at Negligible risk of experiencing material financial impacts from ESG factors. In no event the labels above shall be construed as investment advice or expert opinion as defined by the applicable legislation. Copyright © 2024 Sustainalytics, a Morningstar company. All rights reserved. This publication includes information and data provided by Sustainalytics and/or its content providers. Information provided by Sustainalytics is not directed to or intended for use or distribution to India-based clients or users and its distribution to Indian resident individuals or entities is not permitted. Morningstar/Sustainalytics accepts no responsibility or liability whatsoever for the actions of third parties in this respect. Use of such data is subject to conditions available at

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