Sustainability in space

Ovzon provides a unique satellite-based communication service for the most demanding customers who have a need for sending and receiving at high data rates via the smallest mobile satellite terminals in the market. By conducting responsible operations, Ovzon aims to contribute to a sustainable development.

Based on its vision, “Connecting the world’s critical missions via satellite”, Ovzon can provide infrastructure through its unique SATCOM-as-a-Service solution that supports people and the planet and upholds democratic values. This means that Ovzon’s solution enables effective communication in the most remote places that currently lack comparable infrastructure. This is a critical capability for the company’s clientele in Defense organizations, National security, and Public safety, as their missions ultimately require reliable communication to save lives.

Ovzon is committed to conducting responsible operations for its employees, stakeholders, and the environment. Sustainability initiatives are thus integral to its operations, shaping the company’s actions, development, and performance. The ambition is for operations to positively impact the communities where the company operates and, consequently, foster sustainable development.
Ovzon provides a unique satellite-based communication service for the most demanding customers who have a need for sending and receiving at high data rates via the smallest mobile satellite terminals in the market. By conducting responsible operations, Ovzon aims to contribute to a sustainable development.

In this regard, Ovzon’s primary contributions involve enhancing communication for a more secure world, with its solutions also advocating for reduced need for travel which in turn can result in a decrease in emissions.

Governance

The Board of Directors have the main responsibility for the company’s sustainability performance. Sustainability is part of the Board’s annual agenda, and any necessary updates and measures for improvement are discussed at the meetings. The Management Group bears the responsibility for updating policy documents and ensuring that information is distributed throughout the organization. Furthermore, the operating activities are conducted and secured by respective area managers. All employees must accept the company’s policy documents and act accordingly. This includes the Code of Conduct, which encompasses all of Ovzon and its employees and covers how Ovzon conducts business, the company’s work environment and corporate culture, and how Ovzon is to carry out environmentally responsible operations. The Code of Conduct also covers all suppliers and is included as an appendix to all supplier agreements.

Ovzon is dedicated to developing its sustainability performance and consistently assesses how its operations can promote positive development in the future. Following 2022 year’s adjustment in the vision and business model, the focus areas and key performance indicators were updated. This year, Ovzon has presented comparative results, presented on page 42, that show the development of the company’s sustainability program and its trajectory.