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Aktia contributes to building a sustainable future. Our climate strategy guides our operations towards carbon neutrality. We offer services that have a positive impact on the environment and the society, and at the same time increase customer knowledge in the field of sustainability. Aktia takes the initiative and encourages other actors towards carbon neutrality.
Aktia aims to reduce its environmental footprint in terms of consumption figures, as well as carbon dioxide emissions. Aktia’s climate strategy guides our efforts to include climate considerations in our business activities. Our climate strategy has targets for Asset Management, Lending and Aktia’s own operations. The target for Asset Management is Carbon neutrality of investment portfolio in 2050. Lending’s target is Reducing CO2 emissions by creating climate conscious lending criteria and the target for our own operations is Net carbon neutrality by 2050.
Aktia has prepared green procurement guidelines for the Group. According to the guidelines, comparisons of procurement options should always include green alternatives whenever they are available. The guidelines are an effort to switch to more ecological procurement. We have also decided to switch to green electricity in the locations where the lessor allows Aktia to make its own electricity contracts. Green electricity contracts will also support Aktia’s target to reduce the carbon dioxide emissions from the total consumption of electricity on its leased premises.
Aktia has actively enhanced the corporate responsibility of its supply chain by taking measures such as assessing the corporate responsibility risks of selected suppliers. The risk assessments were carried out with an external assessor following the Sustainability Accounting Standards Board (SASB) standards for the sector. The results of the assessments were used to identify the most important risk areas in Aktia’s procurement chain, the likelihood of the risks materialising, the impacts of the risks and the means of risk management used by the suppliers.
The risk assessment covered the responsibility of areas such as environmental impacts, social and societal impacts, management methods, business models, innovations and value chains. In addition to assessing responsibility risks, Aktia has drawn up an ethical code of conduct for its suppliers. The code of conduct covers the legality of suppliers’ business activities, respect for human rights, employee rights and occupational safety, good business practices, the environment, and the duty of disclosure and monitoring. The supplier code of conduct will apply to all new procurement contracts that the Group enters into with suppliers that meet certain criteria as of the beginning of 2020. The code of conduct will be introduced to old procurement contracts in phases as the contracts come up for renewal. We will update the supplier code of conduct at least once every two years.