At FOREX, we want to take responsibility and run a long-term business and work for a sustainable common future. With an ethical and moral approach, we take responsibility in our relationships with employees, suppliers and other stakeholders who have a relationship with the company.
Innovation and digitalization are important keywords in our future investment. One of our changes is our new digital way of working, which both contributes to reduced travel within the organization but also facilitates the internal work with inclusion, participation and commitment.
Diversity and inclusion have always been particularly important to FOREX. It is based on the company's attitude to the outside world, a genuine curiosity for new cultures, places and people. Active work with gender equality and diversity has been a success factor for FOREX. Employees with origins from different countries who speak different languages are a strength that allows us to provide better service to our customers.
We have a high proportion of female managers and have managed to reflect the gender distribution within the organisation when recruiting for most managerial positions. The entire workforce is divided into 64 percent women and 36 percent men. In our largest management team, we have 53 percent women and 47 percent men. In 2022, the distribution in the executive management was five men and four women
In our annual sustainability report, we tell you about the areas we have worked on extra hard during the years of operation.
In the report, you can read about, among other things:
Based on FOREX's operations, we have good opportunities to counteract financial crime. We work actively with regulatory compliance with the aim of counteracting corruption in all its forms. Economic sustainability is also about ensuring financial strength and resilience and being a stable and reliable player in the financial market, as well as offering decent employment conditions.
FOREX's impact in the environmental area includes transport, business travel and the use of consumables.
When it comes to currency transport, they mostly take place via air and road, which means a certain negative environmental impact through emissions of, among other things, carbon dioxide. Due to the fact that the existing carrier now runs with a renewed fleet of vehicles and HVO fuel, this year's CO² emissions are lower than last year, despite the fact that the stops on behalf of FOREX have increased in number.
The goal of the Finance Coalition is to prevent the Swedish payment system from being misused for the purchase of documented sexual abuse of children, what is called child pornography in the law, and other commercial sexual exploitation of children, and to create public opinion against this criminal activity. The Swedish Finance Coalition includes the Swedish Bankers' Association, financial actors and technology companies that have taken a stand and want to act actively against this crime.
The collaboration with ECPAT Sweden takes place through FOREX's membership in the Finance Coalition. Here you can read more about that work: ECPAT Sweden's Finance Coalition - ECPAT Sweden.
Do you want to contribute to the work to create a safer online life for children and young people? Tell ECPAT about sexual abuse and sexual exploitation of children via the Hotline - ECPAT Sweden.
FOREX has a long-standing collaboration with Save the Children. By collecting coins and banknotes in Save the Children's collection boxes in our stores, funds are generated for Save the Children's activities in disaster-stricken countries (the Disaster Fund). Thanks to the money donated by our customers and employees, Save the Children is able to act quickly when a disaster strikes, which means that many more lives can be saved. Since 2010, we have contributed approximately SEK 3,980,000 to Save the Children's Disaster Fund.
