A culture of doing the right thing
E S G
We aim to have a culture of doing the right thing and address any shortcomings across the value chain.
Indicators and progress
Our goal is that all our employees complete the Code of Conduct e-learning course.
By the end of 2022, 70% of our employ- ees had completed the Code of Conduct e-learning course launched in November 2022.
CODE OF CONDUCT E-LEARNING COMPLETION RATE %
100 80 60 40 20 0
100% (99) had completed the previous version of the course.
20 21 22
TARGET
Our operations
Code of Conduct and steering responsible business In its Code of Conduct, Metsä Board is committed to respecting human rights and to responsible business operations, including anti-corruption and anti-bribery as well as environmental respon- sibility. Compliance with the Code of Conduct and the personnel’s competence on business ethics are supported through regular training and the ethics barometer survey. The Code of Conduct e-learning course was revised in Novem- ber 2022. The course covers the company’s key ethical principles and describes best sustainable business practices with the help of examples and assignments. All our employees are required to complete the Code of Conduct e-learning course every three years. In addition, all employees must complete e-learning courses on diversity, equality and inclusion, sustainability, and the principles of information security and information protection. Depending on their duties, employees are also required to complete e-learning courses focused on, for example competition, procurement, contract and legal policies. In 2022, advanced training in the Metsä Group’s competition policy was organised for various target groups.
The ethics barometer, conducted for the second time in 2022, measures our employees’ experience on realisation of ethics from different perspectives. The ethics barometer is a tool that helps us detect areas of development related to topics such as anti-cor- ruption and anti-bribery or the prevention of misconduct. The results of the ethics barometer led to the decision that in trainings for managers, the importance of addressing ethical concerns will receive greater emphasis and the reporting of misconduct will be further encouraged. Based on the ethics barometer, financial misconduct, corruption, conflicts of interest, attempts to inappro- priately influence partners’ decision making, and data protection violations are not considered essential risks. The results of the ethics barometer are presented from the workplace community’s perspective on page 28. We follow appropriate due diligence in ensuring the sustainabil- ity of our suppliers, customers and other partners and carry out background checks as part of our Know Your Business Partner process. Knowing the background of business partners helps us operate according to regulations and manage risks related to trade sanctions, corruption, money laundering, human rights and cases involving irregularities. Read more about the sustainability of our supply chain and our third-party due diligence on pages 36–39.
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METSÄ BOARD SUSTAINABILITY REPORT 2022
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