Dialogue

ASSA ABLOY applies an open door policy in its external contacts. We work with stakeholder groups on both an ad-hoc and regular basis. With some stakeholder groups, such as investors, rating agencies, the European Works Council, environmental organizations and unions we maintain a continuous dialogue.

The stakeholder challenges as we see them lie in the realm of explaining how we have developed our sustainability approach and how we prioritize specific sustainability issues. There is also an inherent challenge in the balancing of transparency and risk management, but also in maintaining a high level of improvement regarding the sustainability performance in balance with stakeholder expectations on dialogue.

ASSA ABLOY informs EWC members regularly on sustainability issues. In specific cases, such as the review of the Code of Conduct, EWC members are speaking partners. In local business and in health and safety committees EWC represents employees in the sustainability process. EWC’s president is one of two employee representatives in our global sustainability work. EWC get continuous information regarding ASSA ABLOY's restructuring programme. It concerns many employees in Europe and is for the EWC a matter of high importance.