Sustainability at Ovzon

Ovzon provides a unique SATCOM solution for the most demanding customers who have a need for sending and receiving at high data rates via the smallest mobile satellite terminals in the market. By conducting responsible operations, Ovzon aims to contribute to a more resilient and sustainable space industry.

On the basis of its mission, “Connecting the world’s critical missions via satellite”, Ovzon provides digital infrastructure through its unique SATCOM solution, supporting customers with the most critical need for the unique performance, mobility, and resilience that Ovzon provides. Ovzon’s solution enables effective communication in the most remote places, that currently lack comparable infrastructure. This is a critical capability for the company’s customers in Defense, National Security, and Public Safety, as their operations ultimately require reliable communication to support their societally critical mission.

Ovzon is committed to conduct responsible operations for its employees, other stakeholders and the environment. Sustainability initiatives are integral to its operations, shaping the company’s actions, development, and performance. The ambition is for operations to positively impact the communities where the company operates and, consequently, foster sustainable development.

In this regard, Ovzon’s primary contributions involve enhancing communication for a more secure world.

Governance

The Board of Directors have the primary responsibility for the company’s sustainability performance. Sustainability is a recurrent item on the board’s annual agenda, where necessary updates and improvements are discussed during meetings. The management group is tasked with updating policy documents and ensuring that information is effectively communicated throughout the organization. Ovzon is dedicated to developing its sustainability performance and consistently assesses how its operations can promote positive development in the future. Following 2022 year’s adjustment in the vision and business model, the focus areas and key performance indicators were updated. This year, Ovzon has presented comparative results that show the development of the company’s sustainability program and its trajectory.

Additionally, operational activities are carried out and overseen by respective area managers. All employees are required to adhere to the company’s policy documents and act accordingly. This includes the Code of Conduct, which encompasses all of Ovzon and its employees. It covers how Ovzon conducts business, how the company should carry out environmentally responsible operations, as well as the company’s work environment and corporate culture.

The Code of Conduct also extends to all suppliers and is attached as an appendix to all supplier agreements. With this, the supplier accordingly agrees to a trade compliance which state that they, under no circumstances, are allowed to sell or otherwise transfer Ovzons products or services to any third party or for use in any manner inconsistent with sanctions and export control laws. The Code of Conduct also applies to all Ovzon’s customers, and the company reserves the right to deny any customer who for any reason deviates from the company’s principles.

Ovzon is dedicated to develop its sustainability performance and consistently assesses how its operations can promote positive development in the future. Therefore, Ovzon presents comparative results under environmental responsibility, that show the development of the company’s sustainability program and trajectory.