Introduction

About this report

Boliden Group’s sustainability reporting is prepared in accordance with the Global Reporting Initiative G4 Guidelines. We report in accordance with the G4 ‘Core’ application level, which represents a balanced and reasonable presentation of our organisation’s economic, environmental, and social performance. The 2016 reporting is composed of two units: one that is integrated into the 2016 Annual Report and which discloses the Group’s value creation, operations and risk assessment including the sustainability perspective, and one supplementary GRI Report that constitutes a more extensive declaration of our impact, with full references to the GRI Content Index.

The sustainability reporting (parts of the 2016 Annual Report and this 2016 GRI Report) has been reviewed by means of an external limited assurance engagement in accordance with RevR 6 Assurance of Sustainability Reports issued by FAR.

Boliden’s 2016 Annual Report (pdf), Bolidens web-based 2016 GRI Report, and a printable 2016 GRI Report (pdf), are all available on Boliden’s website.   

About Boliden

Boliden is a metals company with focus on sustainable development. Our roots are Nordic, but our business is global. The company’s core competence is within the fields of exploration, mining, smelting and metals recycling. Boliden operates six mining areas and five smelters in Sweden, Finland, Norway, and Ireland. Its shares are listed on NASDAQ Stockholm, segment Large Cap.

Boliden is assessed periodically by a number of Socially Responsible Investment (SRI) organisations and analysts. As at the end of 2016 Boliden is part of the FTSE4Good Ethical Index (London), the STOXX ESG Leaders Index (Zurich), and the MSCI ESG indices (New York).

Boliden continues to be awarded Prime Status by Oekom Research (Munich). With the rating B-, Boliden is among the best companies in the metals and mining sector. 

CEO Lennart Evrell

“A strong balance sheet and competitiveness within our sector generate financial sustainability that allows us to take responsibility for employees, environment and society. Our businesses are exposed to risks and Boliden are working intensively on a common safety culture based on the belief that all accidents are preventable. There is strong support for the mining and smelting industry, and we work hard to be a role model within sustainability. We welcome strict demands on our business and there are still challenges when it comes to minimization of impact to air, land and water. Therefore, we make priorities that define how to get maximum environmental effect of invested funds.”  

 

Key performance data 

Group KPI

2016

2015

EC - Return on capital employed, %

15 

10 

EC - Net debt/equity ratio, %

32 

23 

EC - Dividend per share, SEK

5.25 

3.25 

EN - Metals to water, tonnes Me-eq

13 

18 

EN - Metals to air, tonnes Me-eq

100 

88 

EN - Carbon dioxide intensity, tonne/tonne 

0.69 

0.65 

EN - Sulphur dioxide emissions, ktonnes 

7.1 

7.2 

EN - Environmental incidents, per month 

1.4 

1.2 

SO - Accidents, LTI frequency 

7.9 

8.9 

SO - Sick leave, %

4.4 

4.6 

SO - Female employees, FTE % 

17.8 

17.8 

 

boliden-skylt-small.png