Recap is committed to sustainability through the development of renewable energy and energy storage projects
RECAP’S SUSTAINABILITY STRATEGY PRINCIPLES:
ENVIRONMENTAL STEWARDSHIP
Recap acknowledges the urgent need to combat climate change and mitigate its impacts. Recap’s renewable energy and energy storage projects contribute to the reduction of greenhouse gas emissions by facilitating the adoption of clean, renewable energy sources in the C&I sector.
INNOVATION AND TECHNOLOGICAL ADVANCEMENT
Recap continuously seeks innovative solutions to maximize the efficiency and effectiveness of its clients projects, energy and thus contributing to the global transition to a low-carbon economy.
SOCIAL RESPONSIBILITY
Recap aims to foster the development of local communities through initiatives such as job creation, investments in local infrastructure, and partnerships with local suppliers and collaborators. Furthermore, Recap offers off-balance financed solutions to support small and medium-sized enterprises (SMEs) in participating actively in the energy transition.
INCLUSIVE GROWTH AND DIVERSITY
Embracing diversity enables Recap to create a stronger, more resilient organization and fuels creativity in our workforce to tackle complex sustainability challenges.
ETHICAL BUSINESS PRACTICES
Recap sets itself high ethical standards, ensuring fair and responsible conduct in all aspects of our business dealings. Recap is committed to engaging and encouraging its suppliers and partners to share our values and commitment to sustainability.
MONITORING AND REPORTING
Recap recognizes the importance of accountability and transparency in our sustainable development efforts. Recap aims to build trust and confidence in its commitment to sustainable practices.
OUR ACTIONS
SUSTAINABILITY MANAGEMENT
Strategic decisions and policies are cascaded down through the organization to be implemented at local levels and are based on the following:
- Centralized Decision-Making: Based on guidelines from the Board the global sustainability team formulates the sustainability strategy, ensuring that the sustainability goals are aligned with the overall vision and mission of the company.
- Uniform Strategy Implementation: The global sustainability strategy is standardized and consistent across all markets, which are working towards the same goals and adhering to the same principles.
- Clear Communication: The top management communicates the sustainability goals, strategies, and policies clearly to all levels of the organization.
- Monitoring and Reporting: Progress and performance monitoring are centralized for more consistent reporting.
- Localization of Strategies: While the overarching strategy is decided globally, local teams are responsible for adapting and implementing these strategies in a way that considers local conditions, regulations, and market dynamics.
- Training and Development: Local teams receive training and support from the global team, including workshops, seminars, and ongoing support.
- Collaboration and Feedback: Local markets report back on their progress, challenges, and successes, refining and improving the global strategy.
- Best Practices Sharing: Successful sustainability practices from one market can be shared with others, fostering a culture of continuous improvement and learning.
OUR VALUE PROPOSITION
To offer clean energy solutions for cost reduction, grid and power optimization,
enhanced power quality, and to address current and future challenges.
Green Bond Framework and Certification
Low Carbon Business Action (LCBA)
Swedish Climate Startup Map
