Our strategy focuses on six themes
Our Sustainability strategy focuses on six main topics, in which we have the greatest impact on society. It is designed to maximise our positive impact on
society and to minimise our environmental footprint. To implement our strategy, we have set long-term targets and key performance indicators (KPIs).
Implementing the UN Sustainable Development Goals
The seventeen United Nations (UN) Sustainable Development Goals (SDGs) are the blueprint for achieving a more sustainable future for all. They address several common, global challenges the world is facing. We have identified nine of the SDGs as most relevant for our business based on where we have the greatest impact. These nine SDGs are embedded into our Sustainability Strategy.
A signatory of the UN Global Compact - committed to human rights agreements
Sanoma is a signatory of the worlds largest corporate responsibility initiative, UN Global Compact. The ten principles of the UN Global Compact related to fundamental responsibilities in human rights, labour, environment and anti-corruption are embedded in the Sanoma Code of Conduct.
We also commit to the Universal Declaration of Human Rights, the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, and the United Nations Convention Against Corruption.
Climate action aligned with the Science Based Targets
During 2022, Sanoma updated its climate targets and aligned them with the Science Based Targets initiative (SBTi), setting emission reduction targets aligned with the SBTi 1.5 degree criteria to limit global warming in line with the Paris Agreement. Our targets are currently being validated and we expect the validation results to be ready in the third quarter of 2023.
Supporter of the European Climate Pact
Launched by the European Commission, the Climate Pact is part of the European Green Deal and is helping the EU to meet its goal to become climate-neutral by 2050. Through its CDP Climate response, Sanoma has pledged to support the Pact.
Supporter of the Task-Force on Climate-Related Disclosure
We support the Task Force on Climate-related Financial Disclosures (TCFD) and transparently report climate change risks and opportunities in our annual sustainability reporting.
Committed to industry shared professional principles
We also commit to shared professional principles related to media and cooperate with cooperate with several organisations.
- Professional practices as defined in the Guidelines for Journalists by The Council for Mass Media
- National Audiovisual Institute Guidelines for protecting vulnerable audiences
- Advertising and Marketing Communications Code set by the International Chamber of Commerce
- Data & Marketing Association of Finlands self-regulatory codes for marketing
- IAB Europe EU Framework for Online Behavioural Advertising