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Offers comprehensive sustainability information, increases transparency of information
December 13, 2022
By: Karen McIntyre
Editor
Suominen has launched an ESG Index to offer comprehensive sustainability information about the company. The index complements Suominen’s sustainability reporting and increases the transparency of information. The ESG index is publicly available on Suominen’s website.
“The ESG index offers an easily accessible and comprehensive summary of Suominen’s sustainability work, presenting our strengths and the areas for development transparently. Suominen’s vision is to be the frontrunner in sustainable nonwovens and transparent communication is an important aspect of our sustainability work,” says Emilia Peltola, vice president, Communications & IR.
“Detailed sustainability information is particularly important for our customers and other partners, who might, for example, need data from each step in the supply chain to evaluate their own sustainability,” says Noora Rantanen, Manager, Sustainability & Marketing.
Sustainability is an increasingly significant indicator also for investors. “Disclosing transparent and easily accessible information about our sustainability work is essential also from that perspective,” Peltola continues.
Suominen ESG index is divided into three themes: environmental, social, and governance. Each theme includes sustainability claims and an assessment of Suominen’s performance in them, including references to evidence. The claims have been tailored to reflect Suominen’s operations. Each claim has a weight that represents the materiality of the issue in relation to the others. The scoring method for each claim is also disclosed.
Suominen ESG index is an online tool developed by Suominen. Suominen evaluates the ESG performance annually.
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