Folksam Sustainability Report

  • 27-Mar-2007
Time period
  • January 2005  –  December 2005
  • Folksam is a mutual company. This means it is owned in common by its customers, and its profits are not distributed to shareholders but are retained by the mutual owners. Folksam’s vision states:

    ”We work for a long-term sustainable society in which the individual feels


Principles covered
  • Principle 1 - Businesses should support and respect the protection of internationally proclaimed human rights
  • Principle 2 - Make sure that they are not complicit in human rights abuses
  • Principle 3 - Businesses should uphold freedom of association & effective recognition of the right to collective bargaining
  • Principle 4 - The elimination of all forms of forced and compulsory labour
  • Principle 5 - The effective abolition of child labour
  • Principle 6 - Eliminate discrimination in respect of employment and occupation
  • Principle 7 - Businesses should support a precautionary approach to environmental challenges
  • Principle 8 - Undertake initiatives to promote greater environmental responsibility
  • Principle 9 - Encourage the development and diffusion of environmentally friendly technologies
  • Principle 10 - Businesses should work against all forms of corruption, including extortion and bribery
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