1 July, 2021
We grow in the right way!
Estimated reading time: 5 minutes
Since the planet’s inception, growth has found itself almost in every cycle of this ecosystem. It propelled life. The journey from a single-celled amoeba to Generation Z, colloquially known as zoomers, growth has been around. Since evolution, in revolutions, and now with digitization, it has been a defining factor for all kinds of ambitions.
Likewise, businesses too thrive on their path to exponential growth. But have we ever questioned ourselves about growing in the right way?
At Atlas Copco, we are curious, we continually assess, and we realign if needed. All this; only to ensure that we grow the right way. And the catalyst for our growth that is to be maneuvered the right way is sustainability. We believe that the opportunities for ‘efficient growth’ and the potential to harness new technologies for ensuring the best for our people, planet, and profit come with it.
Our every endeavor is influenced by sustainability, and it defines our beliefs and strengthens our efforts in harnessing it in every product and initiative.
Innovation inspired by sustainability
For us, sustainability isn’t just a concept or belief but a crucial factor to positively impact our people, planet, and profitability. And to support the global sustainable development goals, we engineer solution-driven products that add to our customers’ productivity, reduce operational costs, and are energy-efficient. We constantly research and improvise our products to prolong their lifespan. Thus reducing the waste and carbon footprint. Innovation inspired by sustainability enables us to grow in the right way.
Sustaining relationships. Valuing efforts
Our people are our biggest asset. And we believe in having equal opportunity for our employees and a cohesive working environment to drive innovation and deliver exceptional results. Inclusion and diversity are two business-critical drivers and an integral part of our work culture. We practice inclusion in our everyday life, prioritize diversity, advocate open-door policy, and inspire our employees to express their views. To hone their skill set, a global competence development platform offers easy access to learning opportunities. After all, we value their efforts that help us grow in the right direction fortifying the ties with the world.
Analyzing progress
We analyze progress through our six focus areas: finance, people, products and services, safety and well-being, business ethics, and the environment. Concentrating on these focus areas’ targets, we chart our path to attain sustainable growth in every aspect. Every intent, effort, and process deployed to achieve a specific result is put to the test. Our success is analyzed on the basis of the positive impact it has had on all our stakeholders, comprising our employees, investors, society, and the planet. We measure our every move only to deliver the best because there is always a better way to do it.
Resource consciousness
We are conscious of the availability of natural resources and practice responsible and efficient utilization. Innovative technologies are deployed to ensure minimal or zero impact while utilizing raw material, water, and energy. Constantly monitoring the processes to reduce CO2 and greenhouse gas emissions, we have powered our central manufacturing units with renewable energy sources. Growing in the right way also includes conservative and sustainable, climate-resilient use of natural resources coupled with maximum reuse of residual materials and minimal disposal.
Growth is great! But it should also determine whether the process is ethical or unethical, beneficial, or unprofitable. For us, it is a conscious result of reasoning, restrategizing, and engineering better ways to deliver sustainable development and progress in the right way.