Sustainability

Sustainability at Hartwall Capital

Hartwall Capital aims to be an active, long-term owner with a focus on sustainable value creation. By creating value in the portfolio companies, Hartwall Capital contributes directly and indirectly to the long-lasting wellbeing in the society.

The common denominator for all investments is that Hartwall Capital can identify opportunities to develop the company’s business and create value through active ownership. By enhancing the value of our portfolio companies, we contribute, both directly and indirectly, to the long-term wellbeing of the society.

Sustainability reporting describes Hartwall Capital’s role as a responsible actor in relation to its stakeholders and society at large. Based on the owner family’s shared values, the company maintains a clear, owner-anchored strategy, transparent processes, and a clear management structure.

Hartwall Capital's Responsible Operations

Hartwall Capital acts responsibly in its investment activities and expects the same from its portfolio companies. It is crucial for the long-term success to incorporate different aspects of ESG considerations – environmental, social and governance – into the decision-making processes and ownership activities. Hartwall Capital considers industries and companies related sustainability topics being strongly supported by long-term trends and therefore provide an attractive investment opportunity.

Hartwall Capital’s values, People, Integrity and Contribution, are at the core of the company’s work culture. Our values guide the work of each employee and constitute the foundation for daily co-operation with our stakeholders.

Hartwall Capital and its portfolio companies all implement an ESG strategy with measurable objectives. Hartwall Capital reports on them annually, in the form of a Sustainability Report made available to our owner family.

The family’s long-term financial objective is for Hartwall Capital to constitute an attractive investment for its owners. However, the increase in value must not come at the expense of excessive risk-taking.

Hartwall Capital wishes to ensure the transparency and openness of its operations by reporting on its sustainability work and its development regularly to the Hartwall family.

This Responsible Investment Policy was approved as guidance in 2020.

Responsible Investment Policy

Focus Topics

Personnel

  • Health and well-being of employees and well-being at work and monitoring of employee satisfaction
  • Gender equality and equal pay of work of equal value
  • Remuneration and development of employee competence
  • Equal treatment and opportunities for all
  • Management and supervisory work and leadership development

Social

  • Promoting equality, diversity and non-discrimination
  • Contributing to more sustainable society by improving work conditions and employee’s wellbeing
  • Training of sustainability topics to employees and stakeholders

Good Governance

  • Promoting fair and ethical business practices and compliance with applicable laws and regulations
  • Improving transparency and implementing clear governance structures
  • Clear guidance for business conduct in the form of Code of Conduct
  • Stakeholder risk assessmenst
  • Data protection

Environment

  • Climate change mitigation and energy efficiency
  • Promoting clean water
  • Improving waste management

Our Guiding Principles

Hartwall Capital signed the UN Principles for Responsible Investment (UNPRI) in 2020. In addition, Hartwall Capital joined the Finnish Venture Capital Association, FVCA, which requires the company to promote corporate responsibility in its operations. The principles are in line with Hartwall  Capital’s fundamental values and investment philosophy. In addition, committing to responsible business by signing the principles serves as additional support for decision-making and creates accountability through the transparency and reporting requirements.

The signatories of the UN Principles for Responsible Investment commit to:

01

Incorporate ESG-(environmental, social and governance) issues into investment analysis and decision-making processes

02

Be active owners and incorporate ESG issues into our ownership policies and practices

03

Seek appropriate disclosure on ESG issues by the entities in which we invest

04

Promote acceptance and implementation of the Principles within the investment industry

05

Work together to enhance our effectiveness in implementing the Principles

06

Report on our activities and progress towards implementing the Principles

In addition, Hartwall Capital aims to align its investments with the UN Sustainable Development Goals (SDGs). 

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Noora Haraholma