Our vision and strategy

Sandvik is creating value for its customers, shareholders, employees and other stakeholders based on its vision, strategy and core capabilities. Our core values of Customer Focus, Innovation, Fair Play and Passion to Win form the base for our corporate culture and ways of working.

We set the Industry Standard

Our ambition is to set the benchmark for others to follow by continuously improving our sustainable offering, market presence and level of service. We strive to be number one or two in the eyes of our customers, within our chosen markets and segments.

Core Values

Customer Focus (icon)

Customer Focus

Innovation (icon)


Fair Play (icon)

Fair Play

Passion To Win (icon)

Passion to Win

Bussiness Idea

Our business idea is to develop, manufacture and market highly processed products and services based on our core capabilities that enhance customer productivity, profitability and sustainability. Our operations are primarily concentrated in areas where Sandvik is, or has the potential to become, a world leader.

Strategic Agenda

Focus on core operations and be no 1 or 2 in chosen markets and segments

Technology leadership and innovation

Accountability and decisions close to customers

Stability and profitability before growth

Efficiency and continuous improvements

Culture of doing things right

Exceptional people

Sustainable business

Sustainability is an integral part of our strategy and business model. We take a holistic view on sustainability, including suppliers, customers and our own operations in targets and plans.

Innovation and productivity (icon)

Innovation and productivity

Health and safety (icon)

Health and safety

Environmental impact (icon)

Environmental impact

Use, reuse and recycle (icon)

Use, reuse and recycle

Governance (icon)


Partners (icon)


Environmental footprint (icon)

Environmental footprint

People (icon)