Sanoma has been rated as Prime C+ by the ISS ESG Corporate rating for excellence in management of environmental, social and governance (ESG) aspects.
Sanoma has been awarded an ESG rating above the sector-specific Prime threshold in August 2022, meaning that it fulfils ambitious absolute performance requirements. Sanoma’s performance is among the highest decile in the industry. ISS has particularly recognised Sanoma’s corporate governance and business ethics as well as personnel and supply chain practices.
“Developing ESG topics is a continuing process and we are happy to get this international recognition by ISS. We have worked actively to improve our ESG performance during the past years, and efforts of our employees become visible in the improved rating. Sustainability is embedded into our business and we will continue to reinforce sustainable corporate culture in-line with our strategy”, says Kaisa Uurasmaa, Head of Investor Relations and Sustainability.
ISS ESG is a rating concept analysing companies’ management of ESG issues based on up to 100 rating criteria. The ISS ESG Corporate Ratings methodology is considered as one of the highest quality and standard setting approaches of the industry and indicators are constantly developed and reviewed to align with latest scientific findings, regulatory changes, technological developments, and the public debate. ISS ESG Corporate Rating, part of the Institutional Shareholder Services Inc. (ISS), assist institutional investors in developing and integrating responsible investing policies into their strategies, researching, analysing and screening for company performance.
According to several ESG ratings, Sanoma is one of the leading companies in the learning and media industry when it comes to managing ESG risks and opportunities. Sanoma is included in the following ESG ratings: MSCI ESG Rating Index, Sustainalytics Risk Rating and the ISS QualityScore for ESG Governance. In the CDP Climate Change 2021 assessment and the CDP Forest 2021 assessment Sanoma achieved a B rating on a scale of A to D-. Sanoma also has a highly positive Net impact on society, measured using Upright Project’s net impact model. Learn more about Sanoma´s impact and ESG ratings here.
Kaisa Uurasmaa, Head of Investor Relations and Sustainability, tel. +358 40 560 5601
Sanoma is an innovative and agile learning and media company impacting the lives of millions every day. Our Sustainability Strategy is designed to maximise our positive impact on society and to minimise our environmental footprint. We are committed to the UN Sustainable Development Goals and signatory to the UN Global Compact.
Our learning products and services enable teachers to develop the talents of every child to reach their full potential. We offer printed and digital learning content as well as digital learning and teaching platforms for primary, secondary and vocational education, and want to grow our business.
Our Finnish media provide independent journalism and engaging entertainment also for generations to come. Our unique cross-media position offers the widest reach and tailored marketing solutions for our business partners.
Today, we operate in eleven European countries and employ more than 5,000 professionals. In 2021, our net sales amounted to approx. 1.25bn€ and our operational EBIT margin excl. PPA was 15.8%. Sanoma shares are listed on Nasdaq Helsinki. More information is available at sanoma.com.