Sustainability
Governance
AddLife has a shared group approach regarding governance through our common values and culture.
Our business model encourages a mixed model of central and local management of sustainability risks and opportunities, often by policies and management systems where effectiveness is monitored through different activities.
AddLife is less exposed to non-financial risks in product development and production due to low share of own manufacturing. Still, the group faces risks in managing sourcing of suppliers and their operations. We also have, to some extent liabilities for the products put on the market.
Regarding environmental risks, AddLife has low direct upstream impact and manage the indirect ones through dialogue, influence and choice of suppliers. Logistics is a prioritised area for future assessment of indirect impact.
Our operations are subject to external review and monitoring by the Swedish Financial Supervisory Authority and Nasdaq Stockholm.