CEO Statement

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Welcome to the ERIKS Sustainability website

We recognize that doing good business is good for business. And we are determined to Strengthen Society, Influence Change and Drive Efficiency.

In the last year alone, we have reshaped our Materiality Assessment (MA), a great tool that helps us to determine what activities matter most to our stakeholders and business from a sustainability perspective. We realigned our targets to match and take account of what we have learned over the past 18 months.

The result has been much-needed simplification and a closer alignment of our targets with our business strategy. Our responsiveness to a changing world, our adaptability within our business, and our readiness to review our targets and the ways we achieve them, mean that we are continually adjusting our approach. The recent realignment of our targets based on our newly identified material topics means we still have some work to do on each of the management approaches. However, we can show impressive progress on many initiatives, providing us with a firm foundation to build on. Whilst our approach is adjusted, the topic of sustainability remains important to ERIKS.

We are well aware that the greatest impact we can create is through the use of our products.

That is why we strive to help our customers meet their own sustainability objectives. This is a challenging test.

With over 700,000 products it is extremely difficult for us review the complete lifecycle of our products, and so we have decided to focus, for now, on the savings element of our products; through better choices and environmentally friendly solutions we enable our customers to make environmental savings. Our challenge now is to capture these savings consistently across our entire business.

At the opposite end of the supply chain, we aim to influence our own suppliers to be responsible and sustainable. Although we have made progress on this issue in 2016, we have a long way to go, and we really need to accelerate our efforts during 2017.

Progress on our Health and Safety target has been particularly pleasing. The launch of the “Zero Hero” safety campaign has been widely adopted within our business, and although we are pleased that we have had zero fatalities in our business, we recognize there is still progress to be made on reducing incidents. Emphasis will continue to be placed on Health and Safety to ensure that our people go home safe at the end of every day.

Ultimately, what will ensure we achieve our sustainability targets is the people involved.

In that regard we can be proud of the progress we have made in attracting interest and support within our business. More people are now becoming involved in sustainability – many of them with an inherent interest in the topic – and more of their time is being dedicated to the issue.

Sustainability Champions are driving change on the ground, and our Regional Managers are ensuring the topic is fully supported at higher levels. Overall, the past year has been challenging, with significant change taking place all around us, but we have responded well with changes to our own organization, enabling us to capitalize on change rather than suffer from it.

Looking to the immediate future, we are aware that we need to be more proactive and thorough in collecting and reporting sustainability data. With this in mind we have already implemented a new process which will improve both the quality and completeness of this data.

As we pursue our goal of becoming the world’s most sustainable industrial provider we have followed the Global Reporting Initiative (GRI) standards to prepare this report, as a learning exercise, in preparation for our 2017 report which we expect to be fully GRI compliant. For 2017 we will also be committing to the ten principles of the United Nations Global Compact (UNGC), regarding the adoption of sustainable and socially responsible policies in human rights, labor, the environment and anti-corruption, and reporting on their implementation. Combining these UNGC principles with our own principles as a responsible, sustainable business, and with our vision of growth for the future, ensures that we are taking all the steps necessary to unlock our potential.

I hope you enjoy reading our success stories, and share the pride that I have for the great organization that we are building together. We welcome your feedback and look forward to updating you regularly.

Simon Franken

Simon Franken CEO

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