Our ESG strategy includes environmental, social and governance matters, with the social aspect bearing the most significant weight.
ESG has been part of our strategic plan since 2015. Our ESG Roadmap helps us translate priorities into goals, considering our internal priorities, reporting standards, and other stakeholder requirements.
We remain committed to reaching Net Zero GHG emissions by 2050 as a response to Climate Change. As a near-term target, we aim to reduce more than 40% of our GHG emission intensity per euro of revenue across our three scopes by 2030 compared to 2021. We remain committed to using over 80% renewable electricity in our buildings by 2030.
Our Product Lifecycle Management & Circularity strategy increasingly considers sustainability throughout the lifecycle of our products and services to minimise environmental impact starting from the design phase. This includes our zero-landfill ambition by 2035.
The reason we exist is to bring peace of mind to families and small businesses through Best-in-Class Protection with a strong focus on Data Privacy & Cybersecurity.
We embrace Diversity, Equity, Inclusion & Belonging (DEIB) within our teams and focus on Talent Management & Sustainable Engagement, Employee Relations and Employee Health, Safety, & Well-being.
We also take pride in our Community Impact, which encompasses job creation, social initiatives supporting vulnerable individuals, and promoting best practices through Sustainable Sourcing.
Acting with Trust and Responsibility is at the heart of our DNA. That's why we are committed to enabling our people to act with high standards of Ethics & Integrity.
Our Verisure Compliance Programme is particularly important for our company as it helps us to live up to our promise to provide peace of mind to our customers and maintain the trust they place in us to protect what matters most.
In addition, our commitment to Ethical Business Conduct and Financial Responsibility compels us to act with integrity, fulfil our tax responsibilities and foster strong, sustainable relationships with our suppliers.
Our commitment to ESG is intrinsic to our company purpose, mission, and corporate values. Our ESG Strategy comprises five pillars: Our Customers, Our People, Our Planet, Our Communities, and Ethics & Integrity.
Making a difference in society is an ambitious goal that runs through our entire value chain, from suppliers to final customers, including colleagues, investors, and communities. By fostering continuous dialogue and integrating stakeholder feedback, we can better understand societal needs and how they relate to our business objectives.
We carried out a double materiality assessment, a consultation exercise in which our stakeholders helped us identify and evaluate the material Impacts, Risks, and Opportunities (IROs) across our operations and within our upstream and downstream value chains:
As a result, we now have a list of the most relevant sustainability topics to focus on (material topics and subtopics) and the most significant IROs we face.
We identified 11 topics and 57 IROs in total – they can be found in our 2024 Sustainability Report (Click here to download our 2024 Sustainability Report).
We took a significant step on our sustainability journey three years ago by joining the UN Global Compact (UNGC), the world’s largest voluntary corporate sustainability initiative, catalysing business awareness and action to achieve the Sustainable Development Goals (SDGs). Our main commitment to the SDGs focuses on gender representation, decent work and economic growth, reduced inequalities, responsible consumption and production, climate action, and peace, justice, and strong institutions. Building on this commitment, we continue to seek new opportunities to advance and promote a positive impact on the SDGs aligned with our framework.
To drive impact on these SDGs, we participated in the UN Global Compact SDG Ambition Accelerator Programme, which helped us understand how to set ambitious targets and develop actionable plans to achieve them.
38.3%
Women representation as of 31 December 2024
86%
Sustainable Engagement survey score in 2024 (+1 point vs. 2023, +9 points vs. 2016)
419
Net jobs created in 2024
28,556
Colleagues as of 31 December 2024
5.6 M
Families and small business protected as of 31 December 2024
840,000
New customers in 2024
-24.7%
in our GHG emission intensity by revenue in 2024, vs. 2021
100%
of strategic and important suppliers rated in ESG, as a target for 2025
€742.5 M
Total paid and collected taxes in 2024
Verisure Compliance framework consists of Verisure Code of Conduct (Click here to download our Code of Conduct), complemented by several policies and standards, including:
This Policy underscores our commitment to creating a respectful and inclusive environment for our colleagues and relevant stakeholders. It establishes principles that promote a diversity-conscious and inclusive experience, essential for our engagement with internal and external stakeholders. We aim to nurture a culture and leadership that champions inclusion and fosters a greater sense of belonging.
This Policy outlines our commitment towards Environmental Sustainability. It explains how we manage our environmental efforts and stay focused on minimising our impact while promoting accountability and transparency.
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.
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 Verisure Speak Up Framework and Policy explains the types of misconduct that should be reported and how to raise concerns.
Corruption and bribery are also addressed within our Verisure Code of Conduct and Verisure 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.
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.
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.
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.
This Policy provides a foundational governance framework for how Verisure operates.
This Policy sets out specific goals, objectives, security-risk and requirements, defining accountability and responsibility for Information Security.
This Policy establishes the principles and responsibilities for acceptable use of IT, including what are acceptable and unacceptable behaviours.
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.
In 2024, Morningstar Sustainalytics1 recognised Verisure Midholding AB as an ESG Global 50 Top Rated company and an ESG Regional and Industry Top Rated company under the comprehensive rating methodology with a rating of 7.1, indicating negligible risk.
The rating distinguishes five levels of risk: negligible, low, medium, high, and severe.
We started 2025 with an improved rating of 7.0, again signifying negligible risk, and received all three badges as an ESG Top Rated company. These continued recognitions reflect the collective efforts and dedication of all our Verisure colleagues.
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