Sustainability and the environment wired into our DNA

At GARO Group, sustainability is not just a responsibility — it is a foundation of our business strategy and a critical driver of our long-term success. We firmly believe that integrating sustainability into our core operations is essential to creating long-term value for our shareholders, customers, and society. As global demand for sustainable solutions rises, we are a viable part of the electrification revolution, transforming how energy and transport systems operate across Europe.

What Drives Us: Sustainability as a Strategic Business Model

For GARO Group, success is defined not just by financial performance, but by the value we create for the environment, society and our investors. Sustainability is at the core of our business model because we know that it delivers competitive advantage, reduces risk, and drives profitable growth.

By integrating sustainability into every aspect of our operations, we aim to:

Trusted in the electrification of Europe’s energy and transport systems, positioning ourselves as a trusted partner for businesses and governments.
Deliver innovative and sustainable products and services that create long-term value across the entire product lifecycle, from raw materials to recycling.
Support ethical business practices across the value chain, ensuring that our operations contribute positively to the communities where we operate, while enhancing shareholder value.

Focus on UN goals where we can make a difference

With targets for climate neutrality by 2040, we are committed to taking measurable actions that significantly reduce our environmental footprint while ensuring profitability and business resilience. Our compliance with the EU Taxonomy since 2022, along with our adherence to CSRD (Corporate Sustainability Reporting Directive), including double materiality analysis, ensures we are aligning with sustainability standards expected by investors, regulators and stakeholders.

Our vision for a sustainable business

Our vision, People Powered Sustainability, defines our commitment to driving the transition to a fully electrified and sustainable future. We recognize that the market is shifting — sustainability is no longer optional, it is a key pillar for business growth, profitability and competitiveness. Through continuous innovation, strategic investments and responsible practices, GARO Group is positioned to contribute and support this transition, delivering both financial returns and positive sustainability impact.

As we expand our operations and services across Europe, our vision ensures that of our product lifecycle — from design to disposal ong-term profitabil— contributes to reducing carbon emissions, conserving resources and enhancing lity.

Our key focus areas

To achieve our vision and remain and strive as a trusted partner in the electrification sector, we focus on three core areas that create significant value for our business and stakeholders:

Sustainable products and innovation

Eco-design & cost efficiency: We invest in cutting-edge eco-design and manufacturing techniques that minimize environmental impact and reduce costs across the product lifecycle. Our focus on sustainability begins at product inception, where we prioritize recyclable, responsibly sourced materials to deliver value both economically and environmentally.
Life cycle assessments (LCAs): LCAs are integral to optimizing sustainability and cost-efficiency throughout the production, distribution, and disposal of our products. This ensures that we meet both market demands and regulatory expectations while strengthening profitability.

Circular economy and resource efficiency

Closing the material loop: By adopting circular economy principles, we minimize waste and enhance resource efficiency. This means creating products designed for reuse, recycling, and repurposing, allowing us to reduce environmental impact, lower production costs, and secure a more sustainable supply chain.
Collaborative partnerships: We work closely with our business partners to integrate circular practices throughout the value chain, from manufacturing to distribution, ensuring every product meets the highest environmental and safety standards, positioning GARO as a trusted leader in sustainability.

Sustainable sourcing and ethical supply chains

Ethical leadership in supply chains: GARO is committed to building a supply chain that aligns with our high ethical and sustainability standards. We work only with suppliers who share our values and adhere to responsible sourcing, human rights protection, and environmental conservation, safeguarding our brand integrity.
Conflict-free sourcing: We enforce stringent policies to avoid conflict minerals and human rights violations, ensuring that our sourcing practices positively impact communities while meeting regulatory requirements.

We’re aiding the energy transition

The UN has predicted that the next 10 years are critical if we’re to avoid disastrous climate change. As a result, in recent years GARO has invested considerable resources in the development of different types of charging stations, smart energy-efficient products and solar power to help to reduce CO2 emissions. Parallel to this, we’re looking for ways to improve existing electrical products, to make them more energy efficient. The myriad solutions presented by our digital development department are clearly at the cutting edge. What’s more, we’re careful to ensure that existing GARO products can be upgraded when new technological advancements are made.

Solar power

In both Gnosjö and the Polish city of Szczecin, we’ve fitted our roofs with solar panels that produce about 10% of our total electricity needs. We’re also planning to install another solar power system in Norway. The combination of a mild winter and increasingly more electric and hybrid vehicles in our company fleet has reduced our CO2 emissions by more than 11.5% in the past year alone. GARO’s aim is to only use fuels that produce 70% less emissions than their fossil fuel equivalents by 2027.

EcoVadis: Silver

GARO received the rating Silver (score 67/100) for its sustainability performance from EcoVadis, a leading provider of sustainability ratings, evaluating companies on environmental, social and governance (ESG) criteria. This placing us in the top 15% of companies assessed by EcoVadis in the past 12 months.

Our sustainability work