Whistleblowing – Cramo Group

Customer and Employee Care through whistleblowing

In 2013 Cramo introduced a whistleblowing system as an additional channel for all employees to anonymously draw attention to suspected deviations from our ethical guidelines. Having a whistleblowing service makes wrongdoings less likely to occur in the first place and shows our commitment to do business in a fair and transparent way. At the end of the day un-ethical behavior is harmful to the market – our customers, as well as our employees.

It is not only about fraud, theft, corruption and bribes. In a Swedish study from 2016 WhistleB and Ernst & Young show that a signification share of whistleblowing reports dealt with work site safety issues – internally and at customer sites.

No doubt whistleblowing has a corrective dimension but more importantly also a preventive one. With good internal communication it serves as a guideline to what is expected and accepted behavior in an organization and what is not.

Ensured anonymity

The whistleblowing service is provided by an external partner WhistleB Whistleblowing Centre, to ensure anonymity. The whistleblowing service is completely separated from Cramo’s IT systems. It is not possible to track an anonymous whistleblower. WhistleB does not store information that could track the sender such as for example IP addresses. The message received from a whistleblower is processed in confidence. All messages are encrypted, in storage and in communication.

Our whistleblowing scheme

Our whistleblowing scheme provides a means for all employees to report suspicions of severe misconduct, that is, actions that are not in line with our DNA and which may seriously harm individuals, our company or the environment.

Our whistleblowing scheme is an early warning system to reduce risks. It is an important tool for safeguarding our high corporate governance standards and maintaining customer and public confidence in our operations. Any concern or issue that you report will be treated seriously, fairly, and promptly. Cramo will handle enquiries discreetly and confidentially.

To use the Whistleblowing Centre channel for anonymous reporting, follow these instructions:

Go onto Whistleblowing Centre (run by WhistleB, a third party)
https://report.whistleb.com/cramo

Follow the instructions on the report form for easy and secure submission of your report.

Once you have filled in, approved, and submitted your report, you will receive a personal ID and password on your screen

Cramo does not tolerate retaliation. You do not risk losing your job or suffering any type of sanction or personal disadvantage as a result of whistleblowing. It does not matter if you are mistaken, provided you act in good faith.

Sustainability as a foundation for our business

Rental is a sustainable business model for managing assets. It enables more efficient use of equipment and, at the same time, reduces the demand for non-renewable resources. Our sustainability strategy is in line with and mutually supportive of our business strategy, which is aimed at strengthening our long-term focus from the perspective of all our stakeholders. Our ambition is to lead the way in advancing sustainability in the rental industry and to meet the requirements of our stakeholders and of internationally agreed standards.

Sustainability has a direct impact on our internal value creation through growth, return on capital and risk management. It also generates value for our customers and other stakeholders, leading to greater cost-effectiveness, improved access to products with the highest safety and environmental standards, and a reduced environmental impact.

We have assured our position as a sustainability frontrunner in our industry. Through our updated sustainability strategy, we will further increase the focus on sustainable customer use, transports and logistics as well as sustainable sourcing in parallel with improving internal operations.

The key elements of our sustainability strategy

Moving towards circularity

The circular economy aims to design out waste and introduces a strict differentiation between consumable and durable components of a product. It also replaces the concept of a consumer with that of a user, something that is well known to Cramo through our rental business model.

Our sustainability strategy is aimed at strengthening our long-term focus on sustainable customer use, transports and logistics and sustainable sourcing, thus moving us, our customers and society towards circularity.

The four main elements of our work towards circularity are:

#1 Replacing the concept of a consumer with that of a user

#2 Replacing non-renewable fuels

#3 Sustainable sourcing

#4 Increasing the life span of rental units

Cramo Care – our model for responsible business

Cramo Care is our model for responsible business, integrating sustainability into all parts of our organisation. We have a strong focus on business ethics, occupational health and safety, mitigating our environmental impact and taking an active role in the communities we operate in.

Our contribution to the United Nations Sustainable Development Goals

The Sustainable Development Goals, established by the United Nations, address global challenges such as poverty, inequality, climate change, environmental degradation and peace and justice. The 17 goals are all interconnected, aiming at achieving a better and more sustainable future by 2030. They are relevant to each person, public and non-governmental organisation as well as to each company.

Cramo has identified three goals where our actions have the highest impact. These, as well as all the other goals, are taken into consideration throughout our operations.

#5 Gender equality

A corporate culture based on diversity contributes to the positive future development of Cramo. Our target is to have 15% female employees within the operational organisation and 20% female managers by 2023. We also want to develop alternative ways of meeting the demands from customers regarding diversity and gender equality. One such example is the projects we are running together with some of our major customers regarding gender equal site huts, i.e. site huts with solutions that enables for example separate changing facilities for men and women.

#8 Decent work and economic growth

Safety is our first priority and integral to our business. We have established solid processes and guidance to ensure the safe handling of our equipment. At all times and throughout the Cramo Group, priority is given to systematic and precautionary safety work, including risk assessment and identification of potential hazards. We aim for zero accidents at job sites.

#12 Responsible consumption and production

Responsible sharing of resources is the core of our business. Our ambition is to work together with our customers and other stakeholders to further decrease the environmental and social impact of rental equipment and to meet customer demands by focusing on sustainable customer use, transports and logistics and sustainable sourcing. One such example is Cramo Eco Choice, our programme to support our customers in replacing non-renewable fuels with renewable energy by promoting emission free and hybrid alternatives to diesel or petrol driven equipment.

Cramo and sustainability

To evolve and grow in line with our mission, vision and values – sustainability; respect to the human, environmental, and economic implications of our operation, is vital.

It is not enough to comply with a country’s laws or to adapt to the culture of the country.

The whole business is conducted within the framework of sustainable development. Sustainable competitiveness achieved through responsiveness to customer needs, development of sustainable products and services and by conducting their own operations with sustainability considerations.