For Azelio, sound corporate governance is an important basis for achieving a trusting relationship with shareholders and other important parties. Azelio’s shares are admitted to trading on the Nasdaq First North Growth Market and thus, in addition to the rules in the Swedish Companies Act (2005: 551) and the Annual Accounts Act (1995: 1554), also comply with the Nasdaq First North Growth Markets Regulations and other applicable Swedish and foreign laws and regulations.

The Board of Directors
Nomination Committee
CEO and senior executives

General Meeting

General meeting principles
Årsstämma 2023 / Annual General Meeting 2023

We respect fundamental human rights

Azelio respects the UN conventions on human rights and we wish to shoulder the responsibility that we have towards our employees and the communities in which we operate. Azelio complies with the laws and regulations in force in the countries where we are active.

Azelio disassociates itself from child labor & forced labor

We do not employ individuals who are below the minimum working age. An exception may be made in the case of, for example, apprenticeship schemes, if these are approved by the country concerned. We do not accept forced labor or slave labor in our workplaces, nor any other situations in which persons are forced to work.

Good business ethics

All employees and representatives are expected to demonstrate honesty and integrity in their interactions with other employees, customers, suppliers, business partners, organizations and authorities.

Azelio takes a zero-tolerance approach to any kind of corruption, and will work actively to ensure that this does not occur within Azelio or in contexts associated with the company. The term corruption also includes abuse of position for one’s own gain or for the company’s gain, for example through the use of bribes.

Azelio systematically works to prevent corruption

Azelio’s management is responsible for regular analysis of the risks of corruption associated with its own business.

We comply with applicable rules on export controls

Azelio will comply with all the applicable rules relating to export control, including not trading in contravention of or with individuals against whom there are economic sanctions.

Moreover, Azelio will not trade in or export sensitive goods without the necessary export licenses.

Quality policy

It is the responsibility of the management team to establish the organization required to ensure that the company’s overall quality work achieves the intended results.

A Total Quality should be systematically followed up at every stage. Total Quality is the assurance of basic foundations such as safety, quality, time, and cost.

Goals, results, and deviations should be visualized and regularly followed up by Azelio’s management. Corrective action should be taken in the event of deviation from expected results.

Azelio shall continuously develop its operations and employees through standardised working methods, and by continuously working with its Quality Management System.

All employees are part of Azelio’s improvement work.

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Azelio is a Swedish cleantech company. We have developed an ingenious long duration energy storage technology, providing dispatchable electricity and usable heat for all hours of the day – with zero emissions and at a very competitive cost. is using green hosting

Contact information

Lindholmsplatsen 1
417 56 Gothenburg


© Azelio 2024