ISS AS
ESRS disclosure: SBM-3_03
Tags Tree
- Provide a comprehensive disclosure detailing the current and anticipated effects of material impacts, risks, and opportunities on your business model, value chain, strategy, and decision-making processes. Include an explanation of how your organization has responded or intends to respond to these effects, specifying any modifications made or planned to your strategy or business model to address specific material impacts or risks, or to capitalize on particular material opportunities.
-
Question Id: SBM-3_03
The facility services industry is fragmented and competitive with low barriers of entry. There is a constant push from customers for efficiency and price optimisation and from investors for attractive return on their investments. We are a business and we need to yield financial benefits that allow us to meet these expectations and requirements. This affects our possibilities for driving positive impact for our placemakers. At the same time we are a business strongly anchored in our values. They define parameters and red lines that no business rational can trump. This limits and mitigates our potential negative impacts on our placemakers. Within this frame we approach working conditions by providing a strong foundation of minimum requirements prescribed within our Code of Conduct and our Global People Standards, combined with initiatives and actions aimed at providing increased benefit.
Report Date: 4Q2024Relevance: 45%