Management of sustainability

Our corporate responsibility is guided by international principles and the strategy approved by Pohjolan Voima’s Board of Directors, our values and our annually updated sustainability policies.

In addition to the policies, Pohjolan Voima’s Board of Directors annually approves our sustainability programme in which we describe our goals and their implementation status. Our sustainability programme is based on the UN Sustainable Development Goals we have chosen. In addition, we annually identify significant areas for development that we include in our sustainability flagship project.

Key sustainability events are reported to the Board as part of the CEO’s reviews. In the Corporate Executive Team, the development of sustainability is the responsibility of the Executive Vice President responsible for corporate affairs and corporate responsibility. The development of sustainability aspects is the responsibility of the Group’s Sustainability Manager.

The implementation of sustainability is coordinated by a sustainability team with representatives from different functions: finance, financing, HR, legal, environment, security, customer relations, as well as communications and community relations. The managing directors of the subsidiaries are responsible for ensuring that responsible practices are implemented in their respective companies.

Sustainability is the responsibility of all Pohjolan Voima employees. Sustainability indicators are included in the indicators on the implementation of the Group’s strategy.

Management of sustainability at Pohjolan Voima

International targets and frameworks guiding our operations

  • UN Sustainable Development Goals
  • Human rights, labour and anti-corruption principles
  • in line with the UN Global Compact
  • UN Guiding Principles on Business and Human
  • Rights
  • ILO Declaration on Fundamental Principles and
  • Rights at Work
  • Energy efficiency agreements implementing the EU
  • Energy Efficiency Directive

Pohjolan Voima’s strategies and policies guiding our work

Pohjolan Voima’s strategies and policies guiding our work (at the Group level and in the
subsidiaries*) include:

  • Pohjolan Voima – Decisive Power strategy 2025–2030
  • Code of Conduct (including Code of Ethics)
  • Competition law policy
  • Personnel policy
  • Environmental and energy efficiency policy

*Pohjolan Voima’s affiliated companies and joint ventures follow their own sustainability principles and policies.

Of Pohjolan Voima’s production companies, Kaukaan Voima, Kymin Voima, Porin Prosessivoima, PVO-Vesivoima, Rauman Biovoima, Alholmens Kraft and Teollisuuden Voima have ISO 14001 environmental management systems, EES+ energy efficiency management systems or ISO 50001 energy management systems in place. The systems ensure that environmental and energy efficiency targets are met and verify continuous improvement. Some of the systems are certified. In addition, all production companies signed energy efficiency agreements for the 2026–2035 period.