Formac eco is aligned with the UN Sustainable Development Goals
Based on an analysis of our long-term goals, internal dialogues and the work on ISO 14001. Formac has identified six UN Sustainable Development Goals that are most relevant to our company. These goals describe the areas of Formac's business where our contribution is most significant in helping to create a level playing field for all.
Our priority UN goals
6 CLEAN WATER AND
SANITATION
We require our suppliers to minimize environmental impact and protect our waters.
7 AFFORDABLE AND
CLEAN ENERGY
At Formac, we use renewable energy in our own operations as well as our own energy production in the form of solar energy.
9 INDUSTRY, INNOVATION AND INFRASTRUCTURE
Through the use of sustainable materials, mainly from recycling, we contribute to build a circular economy.
12 RESPONSIBLE CONSUMPTION AND PRODUCTION
We encourage the use of reusable and recyclable products and alternatives, while also setting requirements for our suppliers.
13 CLIMATE
ACTION
Formac supports and contributes to the development of a circular economy and stands behind the ambition to limit global warming to a maximum of 1.5 degrees.
14 LIFE
BELOW WATER
We provide our core products in sustainable, recyclable materials designed for a circular economy that does not pollute marine environments.
Read more about the SDGs on the UN website.
How Formac eco will help us achieve the priority SDGs?
After its establishment in 2019, Formac eco was able to contribute to strengthening Formac's sustainability work and communicated information about the environmental impact of each product. This made it easier for our customers to make sustainable purchasing decisions. As a result of our sustainability work, Formac is currently the most sustainable option in the industry. We were able to reduce the greenhouse emissions of many of our core products, of which we are very proud. At the same time, Formac eco is our basis to work within ISO 14001 and ISO 9001.
Dialogues with our customers gave us the conviction that the time has come to further tighten Formac eco and thus meet the new requirements set today. Formac eco continues with a classification divided into four areas but raises the requirements for each product to reach these points and that a product must at least meet the requirements recycled material and ethical fair to be classified as an eco-product.
A recycled product according to our definition is made from at least 75% recycled material, contributing to a circular economy and reducing the need for new raw materials. By using recycled materials, we have reduced CO2 emissions during the manufacturing process compared to using materials from non-renewable sources.
The exact percentage of recycled material and the specific CO2 reduction for our products are clearly indicated. A recycled product reduces waste and promotes a more sustainable future in line with the UN Sustainable Development Goals.
Products with the Made in Sweden classification are manufactured in Sweden, which means shorter transportation routes and thus a reduced environmental impact compared to products transported long distances. Made in Sweden products contribute to job creation in Sweden and support a resilient economy. We care about Swedish working conditions and strive to minimize the total environmental impact of our product throughout its life cycle.
The classification indicates a product that is 100% recyclable through handling in public or commercially available recycling systems. Information on how the product can be recycled is included or can be found on the website.
For detailed information on recycling, material composition, CO2 emissions, country of manufacture and possible declarations under the REACH regulation, a product passport is available on the product website.
A product with the ethical fair label is manufactured by a supplier that meets the requirements of Formac's Code of Conduct. This means that the supplier actively works to ensure good working conditions, social responsibility and a reduced environmental impact throughout the production chain.
Formac's long-term sustainability goal until 2027 is that all our suppliers should experience the requirements of our Code of Conduct as reasonable and achievable.
