Corporate citizenship

Corporate citizenship is one of Valmet’s sustainability focus areas. As a global company, we recognize our responsibility to respect human rights and require our business partners to do the same. We operate in more than 30 countries and collaborate with stakeholders in a highly multicultural environment every day. Our presence in emerging markets emphasizes our responsibility toward local communities. 

Creating mutual benefits and added value 

We aim to be seen as a trusted local partner and to build mutual relations with our stakeholders. With global operations we provide employment and business opportunities to a wide range of stakeholders and indirectly build wealth in local societies. By delivering more sustainable and cost-competitive solutions and services we can generate added value for our shareholders and support the global efforts to combat climate change. 

Read more about Valmet's value creation  

Globally aligned business principles 

Valmet strives to ensure that all its operations are carried out in a socially responsible and globally aligned manner. Our daily operations are guided by Valmet’s general operating principles, which comprise of Valmet’s Code of Conduct and related policies. These create the foundation for sustainable business practices. They define how we deal with human rights, labor practices, environmental issues, compliance with laws and regulations, fair competition, occupational well-being and safety, and ethical standards through the entire value chain. 

Valmet also supports and promotes selected international guidelines and principles, and is a signatory of the UN Global Compact. 

Active and transparent communication 

We promote transparency in our communications with our stakeholders and actively engage with our stakeholders to learn about their expectations. 

Valmet strives for globally consistent and transparent management and reporting practices, and participates in several third party sustainability ratings to help its stakeholders assess its sustainability performance. We also actively collaborate with our stakeholders to share thoughts and communicate about our recent developments through several channels such as our customer magazine and company reports and brochures, events, face-to-face meetings and online channels. Questions related to sustainability are also part of our internal and external stakeholder surveys. 

Local community involvement 

Valmet strives to be a responsible corporate citizen by understanding the needs and expectations of local communities. We want to have a positive impact on the society and environment locally and globally. We believe that increased integration into the local communities results in mutual benefits. Valmet participates in selected local programs around the world based on its Guidelines for Sponsorships and Donations. Valmet’s sponsorships and donations focus on science, research, education, environmental protection, nature conservation and youth activities. 

Key figures in corporate citizenship in 2020:

63%
of white collar employees completed sustainability e-learning
0.27
million euros support for non-profit organizations

Valmet's anonymous reporting channel enables its stakeholders to report any violations or breaches of the Code. A report can be made 24/7 via telephone or Internet in native language. The reporting channel is maintained by a third party to guarantee anonymity.



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