Sustainability
Environment
The expectations of our customers and other stakeholders regarding Etteplan’s environmental responsibility and actions have increased significantly over the past few years. In 2023, we set company-level environmental sustainability targets and determined the best practices for the measurement and reporting of our environmental responsibility targets.
People
Etteplan’s value for customers comes from having highly competent and committed employees with a high level of well-being and who want to work for our customer’s success. The employees also play a key role with regard to Etteplan’s impact on the environment and society. As an expert organization, our success depends on our ability to support our personnel’s personal and professional development.
Governance
Etteplan's operations are guided by a set of principles within our Code of Conduct, values, and stakeholder engagement. Additionally, we have implemented our own policy on Quality, Environment, Health and Safety (QEHS). In all our work, we take into consideration the unique characteristics of the countries in which we operate. At Etteplan, sustainability is not just an isolated concept but rather an overarching theme that is visible in every stage of our value chain.
Sustainability at Etteplan
In 2023-2024, we conducted a Double Materiality Assessment (DMA) to solidify our sustainability efforts. This involved engaging with internal and external stakeholders to gain a comprehensive understanding of the issues. Based on the DMA we developed our Sustainability Agenda.
In terms of the environment, our targets are focused on reducing emissions in scopes 1 and 2. Our goal is to decrease emissions by 42% from the 2022 Carbon footprint calculation baseline, expanding our carbon footprint initiatives globally while maintaining a presence in Finland and Sweden. We also aim to increase the percentage of EU-taxonomy-eligible projects through investing resources and improving our operational knowledge.
Regarding social factors, equal treatment and opportunities for all emerged as significant topics for Etteplan. We are committed to fostering diversity within our work community and workforce. We track the gender pay gap and will publicly report on our progress starting in 2024. We are also developing an Inclusion Index as part of our internal personnel survey to continuously measure and improve well-being in the workplace.
In terms of Governance, company culture, and anti-corruption/bribery measures were identified as primary themes. We will enhance our approach by ensuring all employees receive training in our Code of Conduct to promote a deeper understanding of business ethics.
At Etteplan, we believe sustainable practices should be ingrained in every aspect of our operations. By addressing these core sustainability metrics and actively working towards them, we strive to create lasting change and become a trusted authority for addressing big questions. Together, let's shape a better future.
Based on a Double Materiality Assessment (DMA) conducted in 2023-2024 we have developed a set of core sustainability metrics and targets within environmental, social, and governance factors. The resulting DMA was based on stakeholder engagement, including internal and external participation.
| ESG Factor | Theme | Target | Metric |
|---|---|---|---|
| E | Climate change | Emissions reduction %, scope 1 and 2 – 42% for 2030 | Carbon footprint, scope 1 and 2 |
| E | Environmental impacts of products and services | Increase taxonomy eligibility of projects | Percentage of taxonomy-eligible projects |
| S | Equal treatment and opportunities for all | Gender pay gap | Compensation equality between genders |
| S | Own workforce | A score of 4 out of 5 or above | Etteplan Equity and Inclusion Index in FuturETTE survey (internal personnel survey) |
| S | Diversity of work community | Increase the number of women in the company | Percentage of women in Etteplan compared to women Science and Technology graduates in Etteplan countries. Weighted average in proportion to the size of Etteplan in the countries Source: World Bank, Science, Technology, Engineering and Mathematics (STEM), data from 2016-17, Source |
| G | Company culture | Increase the understanding of Business Ethics by requiring 100% implementation of the Code of Conduct | Percentage of people trained to Code of Conduct |
| G | Anti-corruption and bribery | Zero corruption and bribery cases reported | Number of cases related to anti-corruption and bribery |
Etteplan Responsible Mineral Sourcing Policy
Etteplan Responsible Minerals Sourcing Policy defines our commitment and requirements towards socially and environmentally responsible operations in regard to conflict minerals. As a part of our corporate responsibility, we are committed to complying with all applicable laws, including laws and regulations related to so-called conflict minerals such as tin, tantalum, tungsten, gold and cobalt. Read more.