Annual Report 2015

Corporate responsibility

Responsible investor and owner

We promote Finnish business, employment and economic growth through venture capital and private equity investments and through international networking. This is best achieved when all aspects of corporate responsibility are addressed, both in-house and in our portfolio companies and funds. To us responsible operation means taking into account environmental, social, economic and governance issues at all levels of operation.

We are a member of the Finnish Venture Capital Association (FVCA) and of the Invest Europe (InvestEurope). We follow the guidelines of these associations concerning ethics and good corporate governance.

We are also a member of Finsif  – Finland’s Sustainable Investment Forum. An association founded by Finnish investors, FINSIF’s goal is promote responsible investment. Responsible investment addresses factors relating to the environment, civil society and good corporate governance when making investment decisions and in managing assets.

In 2015 we joined Finland’s leading corporate responsibility network, FIBS, an independent and non-profit organisation founded in 2000. FIBS’s mission is to help companies find competitive advantages through corporate responsibility.

Topical aspects for responsibility in 2015

The main material aspects for responsibility in 2015 were: maintaining in-house responsibility practices and strengthening in-house responsibility expertise; proactive interaction with portfolio companies and fund management companies, and participation in the Network for Sustainable Mining.

We promote the implementation of responsibility at two levels: in our in-house operations, and in the operations of our portfolio companies and funds. The company maintains ongoing interaction with stakeholders about responsibility, thus making corporate responsibility an area for proactive discussion and development. Finnish Industry Investment also shares with its portfolio companies practical experience gained in the corporate responsibility of specific sectors, and keeps them informed of any challenges in this field. The continuation and development of this work will be a central component of corporate responsibility efforts also in the future.

In 2015 participants from the company attended both FINSIF’s and FIBS’s training sessions and seminars.

Finnish Industry Investment has been a member of the Network for Sustainable Mining from the outset. The network’s activities promote Finland as a pioneer in sustainable mining and make the country an attractive investment location – in which successful mining not only addresses environmental values, but also takes into account the needs of cultural and social communities as well as other businesses and organisations.

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