iLOQ is creating value for its stakeholders – sustainably
iLOQ launches today a new holistic 360° approach to sustainability and is communicating its goals, strategies and commitment to acting sustainably in everything it does.
In today’s business world, companies are finally realizing they can no longer distance themselves and their operations from the eco-systems around them. They must have the right policies and strategies in place and conduct their activities in ways to ensure they have a minimal use of natural resources and minimize their environmental impact.
Thankfully, since its establishment in 2003, iLOQ has been ahead of the game in the access management industry when it comes to acting sustainably.
iLOQ has and will always continue to develop battery-free access management solutions. This fact alone saves the world 50,000 kg of unrecyclable battery waste every year. Keys used in its digital solution are reprogrammable and recyclable saving metal waste and ensuring a circular economy. While its mobile access solution eliminates physical keys entirely. Designed initially for the utilities industry, but now being adopted by many other market sectors, access rights are sent remotely to service personnel’s mobile phones. This means they can avoid the environmental impact of excess travelling between sites and administration offices to pick up and return keys.
iLOQ’s production processes and logistics strategy also focus on sustainability. The company and all stakeholders in their supply chain have the ambitious, but achievable, goal of being net zero by 2050.
“In the past year a lot of work has gone into iLOQ’s sustainability and corporate responsibility strategy and roadmap. Sustainability is not a discussion happening on the side table these days, it is taking center stage in many conversations. For us, it means that sustainability goals and objectives are an integral part of our company strategy and business operations,” explains iLOQ CEO, Heikki Hiltunen.
iLOQ also demands the same level of commitment to sustainability from all partners in its value chain who will be expected to sign and commit to the company’s updated Code of Conduct.
“We will continue to heavily invest in Environmental, Social, and Corporate Governance as the foundation of our collective commitment to sustainability. The new section on our website will feature regular updates throughout the year on our progress on topics such as analysis of our greenhouse gas emissions, our circular economy and our social development goals,” concludes Mr Hiltunen.
iLOQ in brief
iLOQ is a rapidly growing Finnish company that is leading the technological revolution in the digital locking industry. iLOQ transforms mechanical locks into digital and mobile access management. iLOQ solutions are based on technologies developed and patented by the company, enabling electronic and mobile locking without batteries or cables. iLOQ replaces mechanical and electromechanical locking systems with environmentally friendly solutions that solve the problems of lost or copied keys, reduce lock maintenance and minimize lifecycle costs www.iloq.com
