Strategy, strengths and goals (Investment case)

Epiroc has a value-creating strategy which in short can be explained like this: By being in attractive niches and prioritizing innovation, aftermarket and operational excellence, we strive to outperform. Our success is reinforced by our strong company culture and our integrated approach to sustainability. This is how we accelerate the transformation.

We create value for our stakeholders by conducting responsible business while striving to achieve sustainable and profitable growth. Creating options for the future – for example through acquisitions – is embedded in our strategy. Our key criteria for acquisitions are stand-alone attractiveness, strategic fit, synergies, and the potential to become or remain market leader.

We are present in attractive niches where our technically advanced equipment and aftermarket solutions are performance-critical for customers' operations and make a real and positive difference. The mining and infrastructure industries benefit from structural growth in demand.

Together with customers and business partners, we develop safe and sustainable products and solutions that increase productivity and lower costs. Automation, electrification and digitalization are key growth trends that define our innovation efforts.

Our aftermarket solutions and our global service presence increase the productivity and extend the service life of our equipment while also strengthening our customer relationships. By constantly developing new solutions and services, we can further grow our resilient aftermarket business.

We have a focused and decentralized business that can be adapted quickly and efficiently when demand changes. Our strength is based on a high proportion of direct sales, a strong service business and a flexible manufacturing philosophy. We relentlessly strive for operational excellence.

Sustainability is the keyword which guides us on what we do and our innovation agenda goes hand-in-hand with our customers’ sustainability agenda. Epiroc has a strong corporate culture with passionate employees, which is our foundation for being an attractive employer and a high-performing organization. Our culture is a competitive advantage.

Sustainability is integrated in our strategic framework, ensuring that environmental, social, and governance (ESG) considerations are embedded in the decision-making processes. The areas that we see as prioritized to achieve long-term success and that bring together the most significant material topics are:

 

• Use of resources
• Health and safety
• People and leaders
• Highest ethical standards

Our customers are mainly found within mining and infrastructure. Our role is to ensure that our customers can work in the safest, most sustainable and efficient way possible. Our innovations are needed if the global community is going to succeed with its ambition to reduce carbon dioxide emissions, while also providing for a growing population. In our long-term sustainability goals for 2030, we commit to, for example, halve absolute CO2e emissions in our own operations and from the use of sold products. In November 2021, these goals were validated by the Science Based Targets initiative (SBTi). This means that our goals are aligned to keep global warming at a maximum of 1.5° C, consistent with the Paris Climate Agreement and the Glasgow Climate Pact. It is great to have our goals confirmed as industry leading and well above SBTi’s minimum requirements. 

The page was updated 2025-03-20