Corporate Responsibility Program

Employees and organization

Overall goals

Studsvik aims to offer its employees a safe and ealthy workplace and a good balance between work and leisure, and combined with this, a committed and motivated workforce through enhanced skills training and optimization of education and training opportunities. The role of managers is to ensure that every individual’s knowledge and competence are utilized to the full and also to create sound conditions for cooperation and the exchange of expertise.

Action plan 2011-2013

• Evaluate work areas ergonomically and apply best practices.
• Provide process improvement training.
• Identify career progression paths for staff.
• Further identify training needs and appropriate courses for efficient operation and career progression and track fulfillment progress.
• Define new hire training program.
• Encourage management to hold open and honest communication with employees fostering like behavior in staff.
• See diversity candidates to compete for open positions.

Achievements in 2011

An important part of securing a safe working environment is to educate and train employees in a wide range of topics, relevant for avoiding risks of accidents and incidents. During 2011 the number of training hours for all employees has increased significantly, compared to previous years. Another issue of importance has been to give employees’ regular performance reviews and possibilities for career development. However, an economically tough year has resulted in increased turnover, compared with earlier years.

Focus for 2012

• Continue the program and focus on improving a safety culture.
• Enhance quality assurance and improve employee developments actions, including training, job rotation, new recruitment, employee retention, as identified by the Human Resources Team.
• Evaluate work areas ergonomically and apply best practices.

Society

Overall goals

Studsvik aims to maintain good and open communication with its stakeholders. We aim to promote a culture of responsibility where honesty, integrity and fairness in relations with stakeholders are important elements. Studsvik strives to hire local employees as far as possible in its operations thereby making a positive economic contribution to the community.

Action plan 2011-2013

• Develop new markets and areas that build in our technologies and expertise.
• Implement the stakeholder plan.
• Identify and capture new revenue streams.
•  Ensure growth and profitability of our company on markets where we are present with innovative products and services.

Achievements in 2011

We maintain open communication with all interested stakeholders. This third year of presenting a Corporate Responsibility Report is a part of the work, and we invite stakeholders to give us feed-back. We contribute to local economies and communities by providing local employment opportunities. It is in the interest of Studsvik to have a good relation with local, regional and national stakeholders, from private individuals to non-governmental organizations, authorities, politicians and financial institutions, etc.

Focus for 2012

• We will continue to cultivate an open communication with all stakeholders.
• We will continue to develop and monitor compliance with Studsvik’s Code of Conduct.
• We will contribute to local economies and communities by providing local employment opportunities, through participation in local job fairs and through co-operation with local universities.
• We will further develop our internal training programs.

Customers and suppliers

Overall goals

Studsvik aims to exceed its customer's demands and deliver services and solutions with high value added. Studsvik's services are designed to minimize risk for its customers and the environment. Studsvik's services are characterized by innovation, experience, safety and reliability. Studsvik also expects its suppliers to live up to these core values.

Action plan 2011-2013

• Improve the initiative supporting sustainable procurement.
• Continue automation and refinement of processes directly supporting customer facing activities to better track commitments to customers.
• Define and implement processes that identify, evaluate and develop solutions to industry challenges.
• Continue customers’ satisfaction surveys.

Achievements in 2011

We have continued to focus on growing our engineering and consultancy business. It has been important to continue to improve the logistics efficiency of metallic waste treatment facilities and to continue the development of the sustainability procurement requirements and procedures. However, the procurement requirements on suppliers have to be better established, monitored and followed-up. The follow-up on customer satisfaction is monitored through regular surveys.Studsvik will continue to focus on growing its engineering and consultancy business, and gradually increase the presence in Canada, Finland, France and Spain. Studsvik will continue to improve the logistics efficiency of the metallic waste treatment facilities and will continue to develop sustainability procurement requirements and procedures.

Focus for 2012

• We will continue to focus on growing engineering and consultancy business, and gradually increase our presence in Canada, Finland, France and Spain.
• We will continue to improve the logistics efficiency of metallic waste treatment facilities.
• We will continue to develop sustainability procurement requirements and procedures.

Environment

Overall goals

Studsvik aims to minimize the environmental impact of its operations, with respect to radioactive releases and other emissions, waste generated and resource usage. Studsvik's business is to provide sustainable solutions for the safe and environmentally responsible operation and decommissioning of nuclear facilities, including waste minimization.

Action plan 2011-2013

• Use where possible Best Available Technology (BAT) and As Low As Reasonable Achievable (ALARA).
• Implement the stakeholder plan.
• Avoid environmental damage in the handling of hazardous materials, and use of appropriate and environmentally conscious resources.
• Improve ability to quantify sustainability actions.
• Continue to develop marketing material to educate the market on the full range of environmental and sustainability benefits offered by the company’s products and services.

Achievements in 2011

During 2011 we continued to work to minimize environmental impact, both regarding emissions to air and discharges to water. In Sweden and the UK, Studsvik cooperates with local organizations to protect and enhance the values of habitats. Regarding the generation of waste, we have not succeeded in decreasing the amounts. However, this is an issue that must be tackled in co-operation with Studsvik’s customers, since one of our missions is to reduce the volume of customers waste. This means that increased quantities of waste from customers will result in increased, but less contaminated, quantities of waste from Studsvik.

Focus for 2012

• We will continue to work on minimizing environmental impact and on co-operating with local organizations to protect habitats in areas where operations are located (Sweden and the UK).