Our value chain
In 2024, we began assessing a broad range of material topics from a double materiality perspective, considering the level of actual and potential impacts on people and the environment arising from our operations as well as the financial risks and opportunities. After the assessment, five topics were identified as the most material for Assemblin Caverion Group. These material topics are interconnected but fundamentally address independent areas, requiring an integrated approach to sustainability management.
In addition to the rationalization of material topics below, you can read more about our impacts, risks and opportunities (IROs) and how we manage the material sustainability topics in our Sustainability Report.
Environment
We are involved in carbon emitting and material-intensive value chains as buildings use circa 40% of all final energy in European Union and produce circa 36% of all greenhouse gas emissions. In addition, the built environment uses circa 50% of the global material resources, mainly caused by a linear economy and because a major part of technologies are not modularly designed or separable. Thus, our role is to take part of and support customers in the green transition and circular economy enabling a more climate-friendly and resource-efficient society.
Materiality topics
- Climate change (E1)
- Resource use and circular economy (E5)
Social
We have significant impact on own employees’ working conditions, equal treatment and privacy protection. As some of our employees work in hazardous environments in industrial plants, construction sites and properties, health and safety are material sustainability topics. We offer a safe, equal and engaging workplace to ensure employees’ wellbeing and commitment. Due to long and networked value chains, we are continuously developing responsible procurement practices to mitigate severe human right risks in our value chain. This allows us and our customers to benefit from better products, services and new innovations.
Materiality topics
- Own workforce (S1)
- Workers in the value chain (S2)
Governance
Strong corporate culture and values promote innovation and enhances the ability to meet market demands. The employees’ and other stakeholders’ experience of our company contributes to improving performance, competitiveness and reputation. We ensure that our operations are based on responsible business and procurement practices.
Materiality topics
- Business conduct (G1)