Corporate responsibility governance
Corporate responsibility (CR) at Edita is managed by the CEO. The Group Communications Director is responsible for the development of corporate responsibility, related communications and reporting, together with a CRI (Corporate Responsibility Initiative) core team of representatives from Finance, Group HR, and the Nordic environmental responsibility working group. The Communications Director reports to Edita’s CEO and the Group Management Team regarding the activities of the core team.
Our CR agenda is set according to acknowledged policies and guidelines. We comply with the principles of internationally-recognized standards, such as the UN Global Compact and the ISO 14001 environmental management standard. Our reporting also complies with the CR reporting recommendations established in 2011 for companies owned by the Finnish state.
Values
Edita’s values – renewal, respect and responsibility – guide our operations in relation to our operating environment and stakeholders at all levels of the Group. Renewal of business and procedures is crucial for us as we operate in the rapidly changing communication sector.
Respect refers first and foremost to respect for our colleagues’ dignity, work and competence as well as for our customers, partners and other stakeholders.
The ultimate goal of Edita’s Board of Directors, the Board Committees and the Group Management Team is to operate our business in a responsible way. We comply with legal requirements and are open and transparent when communicating about our business.
Reporting
In group governance and reporting, Edita pursues integrity, transparency and accountability. For instance, we are open about the bases of compensation for the CEO and corporate executives.
Audits and controls carried out by external parties help to create openness. Edita’s production companies publish environmental reports annually and prepare reports for authorities, too. We voluntarily participate in several environmental programs involving reporting to third parties. This includes the ISO 14001 environmental management system, the Nordic Ecolabel, establishing climate neutrality, and the WWF’s Green Office program (more information about programs can be found on pages xx–xx). These third parties also review our environmental calculations.
Our goal is for integrity, transparency and accountability to be reflected in cooperation with our stakeholders. We expect our partners to operate their business responsibly.