All business units have a sustainability officer who drives the operational sustainability work. These officers are also part of the Group’s sustainability network, which meets twice a year for knowledge sharing, inspiration and training.

The central sustainability department coordinates the strategic work and sustainability network, and supports the sustainability officers. In 2024, work on implementing the EU’s Corporate Sustainability Reporting Directive (CSRD) continued according to the roadmaps that were drawn up in the previous year. Progress on the implementation of the directive is now being monitored in light of the EU Commission’s proposal.

As part of this preparatory work for the CSRD, the UN’s Sustainable Development Goals have been removed from this year’s report as they no longer play an active role in the Group’s and the companies’ sustainability work. However, Stena supports the spirit of these goals and works to achieve them in the areas where Stena is able to have an impact.

Work on materiality analyses is well-established in Stena’s business units. These analyses have mapped the impact on people, society and the surrounding environment and are based on the business, its value chain and impact on society at large.

In 2024, work on the double materiality assessments that meet the requirements of the European Sustainability Reporting Standards (ESRS) was completed in all business units. These were then collated to determine which issues are material at Group level. A gap analysis and test reporting was carried out based on this. Work on filling the gaps identified continued during the year.

All business units set goals and KPIs within the Group’s four focus areas, which are approved and followed up by the business units’ management teams and boards. The Group function ensures that the business units report goals, KPIs and risks according to plan, and regularly reports on developments to Stena AB’s Board of Directors and Audit Committee. A selection of some of the most important goals and key figures is presented on each business’ page.

Stena has a well-established process for documenting and analysing sustainability risks. This is an integral aspect of each business unit’s overall risk work, which is carried out annually and reported to the central sustainability department. A summary of the Group’s most significant risks is presented on the relevant focus area’s page.