Sustainability
Ovzon provides a unique satellite-based communication service 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 sustainable development.
Based on its vision, “Connecting the world’s critical missions via satellite”, Ovzon can provide infrastructure through its unique SATCOM-as-a-Service solution that supports people and the planet, and upholds democratic values. This means that Ovzon’s solution facilitates qualitative communication for the most remote locations that currently lack similar infrastructure. This is a crucial function for the company’s customers in defense, rescue services, and humanitarian aid, since their missions ultimately require reliable communication for saving lives. Ovzon is dedicated to conducting responsible operations for its employees and stakeholders as well as the planet. Sustainability initiatives are therefore a vital component of operations, forming the basis of how the company acts, develops and performs. The ambition is for operations to have a positive impact on the community where the company operates, and thereby promote sustainable development.
Ovzon’s main contributions in this area are facilitating communication for a more secure world, and the company’s solutions promoting a decreased need for travel and thereby reducing emissions.
Governance
Ovzon’s Board of Directors bears ultimate responsibility for the company’s sustainability initiatives. Sustainability is part of the Board’s annual agenda, and any necessary updates and measures for improvement are discussed. The Management Group bears ultimate responsibility for updating policy documents and ensuring that the information reaches the rest of the organization. Operating activities are conducted and secured by the respective area managers. All employees must accept the company’s policy documents and act accordingly. The company has a Code of Conduct that encompasses all of Ovzon and its employees. It covers how Ovzon is to conduct business, the company’s work environment and corporate culture, and how Ovzon is to carry out environmentally sustainable operations.
Ovzon strives to develop itself in its sustainability initiatives, and routinely reviews how its operations can promote positive development going forward. During the year, the company reviewed its efforts in order to create a better platform for continuing its development in the area of sustainability. In parallel with adoption by the Board of Directors’ of the new vision and business model, decisions were also made on Ovzon’s continued sustainability program, which resulted in an updated definition of the company’s focus areas and appurtenant key performance measures.
Policies in place in 2022:
- Environmental policy
- Travel policy
- Anti-corruption policy
- Code of Conduct for colleagues and employees
In its sustainability initiatives, Ovzon has chosen to work on four focus areas, with priority issues in each area. The focus areas are selected based on internal and external feedback as well as identification by the Management Group and
the Board of Directors of the company’s material areas for improvement.
- Reduce environmental impact
- Responsible business
- Contribute to society
- An attractive employer