Governance in 2020

Governance performance assessment includes three themes: fair business practices​, corporate governance & remuneration​ and sustainable supply chain.

Governance Suominen result (points) Max score (points) Share from max score Weight TOTAL SCORES TO ESG METER
Fair business practices 24 27 89 % 10 9
Corporate governance & remuneration 27 36 75 % 10 8
Sustainable supply chain 18 30 60 % 10 6
Total performance - Governance       30 22
Fair business practices Performance Reference Score from maximum Scoring principles
      24 / 27  
Coverage of code of conduct. Share of trained personnel 0%. CoC was renewed in 2021 N/a 0 / 3 100% coverage - 3 points
90-99% coverage - 2 points
80-89% coverage 1 points
<80% coverage 0 points
Company code of conduct includes corruption and bribery statements YES Policies 3 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Company code of conduct includes discrimination statements YES Policies 3 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Company code of conduct includes human rights YES Policies 3 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Company code of conduct includes labour practices YES Policies 3 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Company code of conduct includes equal opportunities  YES Policies 3 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Access to remedy YES  AR p. 36 3 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Discrimination and corrective actions reported  YES AR p. 45 3 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Number of discrimination cases 0 AR p. 45 3 / 3 0 Incidents - 3 points
1+ Incidents - 0 points
Corporate governance & remuneration Performance Reference Score from maximum Scoring principles
      27 / 36  
Process to involve stakeholders / facilitate participation of the stakeholders YES AR p. 35 3 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Sustainability report is published YES Annual report 3 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Third party assurance of sustainability report NO N/a 0 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Percentage of board members independent of the company 100 % AR p. 55 3 / 3 100% board members independent - 3 points
<100% board members independent - 0 points
Independent board chair YES  AR p. 55 3 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Public disclosure of compensation schemes for members of the executive management team YES AR p. 149-150 3 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Integration of sustainability performance objectives into the variable remuneration of members of the executive management team NO N/a 0 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Public disclosure of CEO to employee compensation ratio NO N/a 0 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Public disclosure of payments to government YES AR p. 46 3 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Public disclosure of economic activity YES AR p. 10-11 3 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Support to political activities NO Policies 3 / 3 If answer is NO - 3 points
If answer is YES - 0 points
Tax footprint reported in company level YES AR p. 37-39 3 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Sustainable supply chain Performance Reference Score from maximum Scoring principles
      18 / 30  
Coverage of suppliers that complies with Suominen's supplier CoC standard 100% AR p. 34 3 / 3 100% Supplier CoC coverage - 3 points
90-99% Supplier CoC coverage - 2 points
80-89% Supplier CoC coverage - 1 points
<80% Supplier CoC coverage 0 points
Supplier code of conduct includes corruption and bribery statements YES Policies 3 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Supplier code of conduct includes discrimination statements YES Policies 3 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Supplier code of conduct includes human rights YES Policies 3 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Supplier code of conduct includes labor practices YES Policies 3 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Supplier code of conduct includes equal opportunities YES Policies 3 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Third party supplier assessment partner in place NO N/a 0 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Suppliers from risk areas assessed NO N/a 0 / 3 If answer is YES - 3 points
If answer is NO - 0 points
Coverage of risk suppliers audited by third party partner 0% N/a 0 / 3 100% suppliers audited - 3 points
90-99% suppliers audited - 2 points
80-89% suppliers audited - 1 point
<80% suppliers audited - 0 points
EcoVadis assessment medal rating No medal N/a 0 / 3 Platinum or Gold medal - 3 points
Silver medal - 2 points
Bronze medal  - 1 point
No medal - 0 points