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LKAB receives award for best sustainability report

LKAB’s annual and sustainability report has been named Sweden’s best among the country’s biggest companies. FAR, the professional institute for authorized public accountants, approved public accountants, and other professionals in the accountancy sector in Sweden, presented LKAB with the award at a seminar in Stockholm Tuesday 3rd of June.

LKAB’s annual and sustainability report has been named Sweden’s best among the country’s biggest companies. FAR, the professional institute for authorized public accountants, approved public accountants, and other professionals in the accountancy sector in Sweden, presented LKAB with the award at a seminar in Stockholm today.

"Sustainability is at the core of LKAB’s business concept. Our ambition to be the most resource-efficient and innovative mining company in the world is the foundation of all LKAB’s operations. We are naturally very honoured to receive this award" says LKAB President and Group CEO Lars-Eric Aaro.

LKAB has been working to strengthen its sustainability efforts for a long time. Sustainability is driven by the company’s management and board and is a structural component of LKAB’s strategy. This is also something that FAR recognises in its motivation for the award.

“LKAB’s sustainability report is easy to take on board. The company’s work in the area of sustainability is presented well and as a natural element in the business strategy, where every strategic area includes sustainability dimensions”, FAR writes, among other things, in its motivation for the award.

- We have many concrete examples of sustainability work in practice. The urban transformation in both Malmberget and Kiruna, substantial environmental investments and not least an intensive effort to be the most climate-smart iron producer in the world.