Our ESG performance is strong

The following third parties assess our sustainability performance and make the assessments on their own initiative; Sanoma is not responsible for their views.

Rating agency Rating result
Upright Net Impact AA+
MSCI ESG Rating Index AA
Sustainalytics Risk Rating 9.8
ISS Corporate solutions ESG Rating Prime C+
CDP Climate Change rating B
CDP Forest rating B

Upright impact analysis: AA+ strong positive net impact

Sanoma measures its Net impact using Upright Project’s net impact model. The model measures company’s positive and negative impacts on the society, knowledge, health, and environment. Upright enables smarter decision-making for investors, companies and governments by quantifying the net impact of companies. Sanoma’s net score is 2.1 with strong net positive scores on society and knowledge and slightly negative net scores on health and environment. 

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MSCI ESG Rating Index: AA   

In 2021, Sanoma received a rating of AA (on a scale of AAA-CCC) in the MSCI ESG Ratings assessment. This means we are leading our industry in managing the most significant ESG risks and opportunities. MSCI ESG Rating aims to measure a company's resilience to long-term ESG risks. MSCI Inc. is one of the world’s largest providers of ESG Indexes.

Sustainalytics Risk Rating: Negligible risk 9.8

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In 2021, Sanoma received a risk rating of negligible risk 9.8  (on a scale of negligible 0-10, low 10-20, medium 20-30,  high 30-40, severe 40+) from Sustainalytics. Sustainalytics evaluates companies according to their exposure to ESG risks and how well they are managed relative to peers and across sub-industries. Sustainalytics, a Morningstar Company, is a leading independent ESG and corporate governance research, ratings and analytics firm that supports investors around the world.

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ISS Corporate solutions ESG Rating: Prime C+

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Sanoma has been rated as PRIME by the ISS ESG Corporate rating for excellence in management of environmental, societal and governance (ESG) aspects. ISS ESG is a scientific based rating concept, analyzing companies’ management of ESG issues based on up to 100 rating criteria. The ESG Corporate Ratings methodology is considered as one of the highest quality and standard setting approaches. Sanoma has been awarded an ESG performance above the sector-specific Prime threshold, meaning that we fulfil ambitious absolute performance requirements.

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Nasdaq ESG Transparency Partner

Nasdaq ESG transparency badge

Sanoma shares (SANOMA) are traded on Nasdaq Helsinki. We aim to transparently report on our ESG metrics and as a result, have been certified as a Nasdaq ESG Transparency Partner in 2021. This certification is a signal of market transparency and raising environmental standards.

CDP Climate Change and Forest rating: Score B

Sanoma was awarded with the third-highest score of B in the international CDP Climate Change rating in 2021. The scoring varies in a scale from A to D-. In addition, Sanoma improved its CDP Forest rating from C to B. Sanoma discloses its climate change impacts through CDP, a global non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. 

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SHE Index – Powered by EY

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SHE Index – Powered by EY has been designed in collaboration with SHE Community, a Norwegian promoter of equality. The tool helps organizations assess how far they have come in terms of equality and inclusiveness. It also measures the practices implemented to support change. Sanoma's index score is 75 on a scale from 0 to 100.