Focus area

Responsible business

Arise contributes to a more sustainable world by employing responsible business practices in all its dealings. The foundation for our efforts is the company's Code of Conduct, which is based on the 10 principles of the UN Global Compact.

Arise requires honesty and integrity in all its activities, including from our customers, suppliers, and partners. Legal compliance and risk analysis protects both us and our partners from unintended or negative consequences and publicity.

Through our responsible business practices, Arise contributes to the UN's global sustainability goals Number 9 - Industry, Innovation and Infrastructure and Number 16 – Peace, Justice and Strong Institutions.

Sustainability Report 2024
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Business ethics

Arise maintains a strong commitment to upholding high standards of business ethics, operating in adherence to all applicable laws and regulations. We recognise that there are potential risks in our project and development activities, such as bribery and unauthorized collaboration and we counter these risks through, amongst other things, training for employees as part of our business ethics efforts.

Our commitment to honesty and integrity extends to all parts of our business, and we emphasise the significance of ethical conduct in Arise’s Code of Conduct and our Supplier Code of Conduct. To ensure transparency, all forms of compensation to advisors, suppliers, and partners are strictly based on confirmed products and services, with a cautious approach to gifts.

To enhance the awareness of potential irregularities, Arise plans anti-corruption training for all staff during 2024. By engaging in conversations with our largest suppliers and partners, we aim to provide insights into the Supplier Code of Conduct. This Code is a mandatory attachment to request for proposal documentation and adherence to it is a prerequisite for all future agreements.

Governance 

In accordance with the 'Swedish Code of Corporate Governance', we prioritize transparency and accountability in our sustainability efforts. As part of this commitment, our Board of Directors, ensures that shareholders and the capital markets receive comprehensive sustainability disclosures. We prepare an annual sustainability report, detailing the group’s development, position, results, and the impact of our operations, which is accessible here. 

In promoting diversity and inclusion, Arise's Board has adopted a Diversity Policy which aims to ensure the Board has a diverse and representative leadership. According to this policy, the Board is to be characterised by diversity, and the composition of the Board is to comply with item 4.1 of the Swedish Code of Corporate Governance.

The Board of Directors has ultimate responsibility for Arise’s sustainability work, who are supported by Arise’s Sustainability Council which is composed of representatives from various parts of the business for broad anchoring, focused on delivering on our sustainability priorities.

Sustainable business

Through efficient financing, asset management, operation and project development, Arise’s objective is to provide shareholders with good returns on their investment in the form of dividends and increased shareholder value. Arise’s strategy is to grow geographically and to broaden the product portfolio to include more renewable types of energy than wind power. Increased sales are to be achieved, with continued healthy profitability.

It is a key issue for Arise to ensure effective cost control and efficient use of resources. Detailed calculations are made in development projects and regular monitoring of the projects is made when they reach the construction phase to ensure investments costs that are as low as possible.