Improved efficiency and lower costs
For Green Cargo, sustainability entails a holistic approach to responsible business. The sustainable undertakings in our offering lead to long-term customer relationships based on trust. The goal is to meet our owner’s financial requirements for sustainable long-term financial performance, to manage future investments and to make our customers more competitive.
Long-term financial targets
The owner’s financial target is that the return on operating capital should amount to not less than 10 percent measured over a business cycle. The net debt/equity ratio is to be between 0.6 and 0.9 and the regular dividend should amount to half of after-tax profit for the year, with the prerequisite that the net debt/equity ratio after the dividend payment is within the target interval.
It is incumbent on the CEO and company management to manage and follow up operations to ensure that the owner’s overall targets are reached. This means that the entire organization needs to focus on results, using resources efficiently and utilizing capital efficiently.
Code of Conduct for Suppliers
We operate in an industry where safety is of the highest priority. Our operations should be associated with high moral standards and good business ethics. This also applies to our suppliers. The people that rely on us must be able to trust that the suppliers we use observe the same standards that apply for us.
Our Code of Conduct for Suppliers establishes the basic requirements we place on our suppliers and their sub-suppliers and other business partners. It enables us to conduct a deeper dialog about requirements with our suppliers and thus mutually increase expertise within responsible purchasing and deepen our collaboration in areas such as business ethics, human rights, the climate and the environment.
The framework was designed to provide Green Cargo with access to green finance, meaning finance that is compatible with specific criteria to ensure that consideration is given to the environment and climate. The framework is based on ambitious goals for fossil-free transportation and energy efficiency in relation to tonne kilometrage carried out.