Our 2023 Annual Report sums up the dynamic year we had – adding value for our members and partners from across the globe as an enabler of proactive collaborations and new partnerships. We hope you enjoy reading about our accomplishments!

Highlights from the report.


Risks and Readiness

Our forward-looking Board of Directors adopted a new organizational strategy andstrategic goals in 2020. That was the start of our transformational journey, and we can be proud of the result. We have accomplished the challenging task of performing and transforming in parallel. We closed out 2023 being the pioneering and purpose-driven non-profit organization we set out to be.

 While 2023 was a year in which we delivered on key strategic objectives as an organization, it was also a year in which risks exponentially increased in the global economy. This changing risk landscape led us to take big steps in developing our offering to members by enabling even more opportunities to meet, share and learn.

Our members met on 26 occasions to discuss ESG risks and opportunities.To facilitate regular peer-to-peer exchanges, three Networks were established – responsible sourcing, anti-corruption and sanctions. In addition, a Compliance Academy, designed by a core group of members was launched in November.

With Hitachi Energy joining and SEK becoming a full member in January, our growth was supported by the recruitment of four new members in 2023. In September we were pleased to welcome SKF and Sandvik, both which have in-depth expertise and extensive global networks. SKF contributes to the green transition by providing clean technology solutions for the industrial transformation and making supply chains more sustainable. Sandvik is a global, high-tech engineering group which provides solutions that improve productivity, profitability and sustainability for the manufacturing, mining, and infrastructure industries in 150 markets.

We see a growing need to strengthen partnerships to proactively develop jointsolutions to meet an unpredictable and rapidly changing business environment and increased political risk. An unstable business environment and political uncertainty lead to challenging risks but also strategic opportunities linked to the green transition and ensuring sustainable supply chains. In 2023, we took significant steps to strengthen our partnerships in response to these challenges. Most notably, through a new collaboration to promote sustainability and responsibility in the mining sector in Latin America. Within this initiative, we collaborate with two regional partners – the Stockholm Environment Institute and the Vincular Center, a leading institution that integrates corporate sustainability into business strategies.

As we enter 2024, the world faces a challenging geopolitical situation. Together with our members, we will respond by strengthening partnerships to foster synergies as a nexus between international trade and development cooperation. Swedish industry has an important role to play in this nexus by contributing to the green and digital transitions, job creation and economic and social sustainability in their value chains. We are ready to take our partnership with the Swedish International Development Cooperation Agency (Sida) to the next level to create an even stronger joint approach to promoting a positive sustainability impact and business in complex


Meeting Point NIR

Sharing knowledge and staying current

Meeting Point NIR is where we facilitate peer-to-peer exchanges between our members in a safe space to allow for in-depth sharing of experiences, learning from good practices and building partnerships to develop joint solutions. We also facilitate meetings with externals when relevant and upon request. Many of the meetings cover topics and markets and have been planned for over time, but we also arrange meetings on demand – often when there is a world or regional event that could affect our members’ operations.

In 2023, we held 26 meetings in various formats which gathered around 500 hundred participants.

Meeting Point NIR is a cornerstone of our operations by offering an effective way to build networks and foster dialogue, cooperation and partnerships. In 2023, we held 26 meetings in various formats which gathered around 500 hundred participants. For thematic issues, or where there is an ongoing need for exchange, we established Networks for responsible sourcing, anti-corruption and sanctions. Half of the exchanges during 2023 focused on selected markets, which means that country-specific discussions have increased markedly over the past two years. The growing interest in country-specific meetings shows the need for more external monitoring in a time of geopolitical reshuffling. Meeting Point NIR is a flexible tool that our members can turn to for a rapid response to current events.      

Meeting Point NIR 2023

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One of five meetings were on demand

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Meeting Point NIR

Let's Talk

Is one of our formats for Meeting Point NIR, a series of exchanges on challenges and opportunities and the development of networks. This year topics included:


Meeting Point NIR

2 New Member Networks


Responsible Sourcing Network

The Responsible Sourcing Network, established in 2023, gathers those working with responsible sourcing from our member companies. The Network meetings have covered topics such as human rights due diligence, supplier risk assessment as well as conflict minerals and rare-earth elements.

“It is great to connect with people that care and work with the same topics and face similar challenges. One example is arisk analysis tool which we are implementing at Atlas Copco. Through the Network, I learned how other big industrial companies have implemented the same tool, which is valuable for my own work.”
Sylwia Palgan


NIR Compliance Academy

We launched the inaugural series of the NIR Compliance Academy in 2023. It is a unique opportunity for those working with compliance from our member companies to receive practical training on how to best do compliance. The practical training is by peer-to-peer sharing and learning from good practices and challenges in a safe space. The Academy also builds a network for joining forces on how to best do compliance in a regulatory environment that is rapidly changing and becoming more complex. Running over a one-year cycle, the Academy includes a curriculum with six training modules on compliance topics.
The Academy was developed by a member-led task force, which included Saab, Scania and Electrolux, in collaboration with our Anti-Corruption Network.

“I have been waiting a long time for an academy where compliance professionals can come together to gain a deeper and broader understanding of all the components of an efficient ABC program. At the same time, I have hoped for an academy that will provide an opportunity to learn about other industries and to build professional networks. NIR’s Compliance Academy achieves all these objectives."
Petter Törnquist

Delegation in a working session with representatives from the Ministry of Mines and Energy. Algiers, Algeria.

Positive joint sustainability impact

Partnership with the Swedish International Development Cooperation Agency

Swedish industry contributes to the green and digital transitions as well as sustainable supply chains globally by acting sustainably and responsibly. However, there are often factors outside a company’s sphere of influence that limit its ability to single-handedly manage ESG risks and make positive change. The same is true not only for companies, but all types of actors. Partnerships, though, create an integrated and holistic approach to managing risks, and enable going beyond risk mitigation by using leverage to achieve a positive joint sustainability impact. Our partnership with Sida means we can engage multiple stakeholders to join efforts to make a more conducive environment for sustainable and inclusive economic development. Our partnership with Sida is developed in collaboration with our members, who have in-depth insight into what hinders sustainable business and financing as well as social, environmental and economic sustainable development.

All our tools are scalable, flexible and can be applied in low- and middleincome countries. We support in-country sustainable development and improved opportunities for Swedish industry to develop business and in-country operations.

“The SDGs can only be realized with strong global partnerships and cooperation. A successful development agenda requires inclusive partnerships — at the global, regional, national, and local levels — built upon principles and values, and upon a shared vision and shared goals placing people and the planet at the center.” SDG 17

“DRC has an important role to play in the global green transition. The country’s resources, such as cobalt, copper, lithium and rare earth elements, are instrumental in the manufacturing of renewable energy technologies. Proactive engagement is critical to promoting responsibility and sustainability in the supply chain and will, in the long run, benefit both the Congolese people and the planet.

Kaveh Hagi, Programme Manger, NIR


The Democratic Republic of Congo (DRC) is a key enabler of the green transition and crucial for the European Green Deal with its large deposits of critical minerals. In 2023, we strengthened our engagement in the DRC by expanding partnerships and activities to the mining district of Katanga, bordering Zambia. We participated in the Swedish business delegation to DRC Mining Week in June, in Lubumbashi, where the Embassy of Sweden in Kinshasa supported several of our members to showcase their technology solutions. We also developed new partnerships and networks with stakeholders, ranging from government, the EU Commission and private sector to NGOs and civil society. Together with Sodeico, our Congolese partner, we held the 4th edition of the Nkelo Bantu platform in Katanga in October. Nkelo Bantu is a multi-stakeholder platform within our Swedish Workplace Programme that brings together representatives from the private and public sectors, civil society and trade unions for discussions on human capital, sustainability and social dialogue. The discussions focused on existing challenges in the Congolese mining sector, such as human rights, safety and security, artisanal and small-scale mining as well as opportunities for joint solutions for such challenges. During Nkelo Bantu, Ambassador Henric Råsbrant, Sweden’s Ambassador to the DRC, launched the Private Public Development Partnership (PPDP) between Sweden and the DRC in the form of a technical and vocational education and training center in Lubumbashi. The initiative is the result of a partnership between Volvo Group, Epiroc and Sida

Practical and demand-driven support to in-country partners


Responsibility and Sustainability in Latin American Mining (MARS)

Securing minerals for the green transition by addressing environmental and human rights risks

An important milestone in achieving our strategic objectives
for 2020-2023 was the development of a new partnershipfor a multi-stakeholder approach to furthering sustainability and responsibility in Latin America’s mining sector. The new concept is the result of co-creation as it was developed with business, the financial sector, embassies, experts andvrepresentatives of civil society. A full proposal was submitted to Sida in October 2023.


Enabling sustainable and bankable infrastructure projects by providing project-specific training

Providing project-specific training to partners in low- and middle-income countries accelerates investments in sustainable infrastructure. During 2023, the Sustainability Impact Accelerator continued to deliver project-specific training and support to our in-country partners, and the Accelerator has become a valuable addition to Team Sweden’s toolbox. Demand for knowledge transfer is high, and we currently have over 80 infrastructure projects in our pipeline. Discussions to scale-up the Sustainability Impact Accelerator are ongoing and securing an efficient scale-up will be a key priority in 2024.


Promoting sustainable business and decent work through workplace cooperation and dialogue

The transition to greener industry will only happen through the transformation of companies. Ensuring the active participation and commitment of employees in the process is crucial for transformation to succeed, and a functioning workplace dialogue is a prerequisite. In 2023, the Swedish Workplace Programme was highlighted as a practical tool to ensure no individual or group is left behind as we begin to transition into a net zero economy.


Tel: +46 8-783 00 50 

Visiting adress: 

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BOX 13009, 10301, 




International Council of Swedish Industry 2024. All Rights Reserved. 


This executive summary presents the findings from the study “Workplace Cooperation: Finding Practical Solutions in the Colombian Context,” conducted by the Fundación Ideas para la Paz (FIP). The study evaluates the added value of the Swedish Workplace Programme (SWP) dialogue and cooperation model within the Colombian labor market.

Throughout 2022, FIP dedicated efforts to thoroughly understand the SWP model, including its concept, foundations, implementation process, and contributions to the labor market. In 2023, FIP documented the experiences of three companies—SKF Latin Trade, Securitas, and Epiroc—that implemented the SWP model in practice. The study also included face-to-face workshops to gather feedback from various stakeholders including civil society, businesses, government, academia, and international cooperation. The findings suggest that the SWP model has the potential to strengthen labor relations, contribute to decent work, and resolve workplace conflicts in Colombia.

The case studies highlight the importance of collaboration between employers and workers to promote decent work and sustainable development in Colombia. They demonstrate that social dialogue facilitates worker participation in labor decision-making, enhances their representativeness, and promotes cooperation between employers and employees, thus improving labor relations and contributing to the well-being of both employees and companies.

The SWP model is particularly noted for improving workplace relationships and commitment to jointly finding solutions to challenges faced by workers and the company. It empowers workers, enhances leadership, and helps integrate business policies into daily practices, reducing the initial disconnect between management objectives and the day-to-day realities of workers. The study also highlights the model’s capacity to manage conflicts constructively, transforming the perception of conflict as an opportunity for improvement. Structured dialogues deepen understanding of the underlying causes of conflicts, fostering empathy and facilitating effective resolution. This promotes a culture of collaboration and a democratic approach to decision-making, building trust.

Additionally, the model is recognized for enabling workers to make decisions, identify challenges, and propose solutions that impact their well-being, and bridging gender gaps in the workplace. Its inclusive approach adapts to the unique needs and characteristics of each company, promoting a stronger and more diverse organizational culture. It also drives good work performance and productivity by involving workers in problem identification and resolution, as well as in implementing improvements and efficiently identifying ESG (Environmental, Social, and Governance) risks for companies.

The document identifies the SWP model’s added value in empowering direct interaction among labor stakeholders in Colombia, overcoming historical or cultural reservations, and contributing to the development of stronger labor relations and improved workplace environments in the country.

Challenges and opportunities of the model are also discussed. The study points out the importance of addressing value chain risks, particularly in a global context where corporate clients demand decent work processes and due diligence. It emphasizes the need to integrate SMEs into this process and use anchor companies as drivers of social dialogue throughout the value chain. The role of the state in social dialogue and the importance of highlighting the benefits of the model for adoption across various business sectors are discussed.

The opportunities of the model include raising awareness of human rights in the workplace in line with the United Nations Guiding Principles (UNGP), to strengthen due diligence, manage risks, promote long-term sustainability, and improve organizational culture. The document also underscores the importance of involving workers in change processes, leveraging their insights for continuous improvement of processes, and fostering innovation opportunities. Lastly, it suggests replicating the model in value chains to address work environment risks and gender biases, involving suppliers and contractors, and integrating the model into corporate policies to strengthen existing programs and transform organizational culture towards resource efficiency and effective participation of employers and workers.