Ethical principles

 

Introduction

Voimaosakeyhtiö SF’s business and purpose are captured in its mission, which is the production of emission-free, reasonably priced, and constant electricity to the company’s shareholders. We strive to reach this goal by acting in accordance of Voimaosakeyhtiö SF’s values: Safely, Responsibly, Openly, and Together.

Voimaosakeyhtiö SF’s values and ethical operating principles set the ethical principles guiding the company in its own operations as well as in interaction with the company’s owners, stakeholders, and the society it operates in.
 
 

Ethical principles

 

We comply with laws and regulations

We comply with all applicable laws and regulations in our operations. We work with the authorities in an open, proactive, and cooperative manner.
 

Safety as the foundation of all operations

Safety of all parties as well as the environment is an important part of and a prerequisite to Voimaosakeyhtiö SF’s operation. We want to create the right conditions for building a strong safety culture in Voimaosakeyhtiö SF and Fennovoima and to promote it in all our actions.
 

Responsibility towards all stakeholder groups

We are open and honest in our operations with all our stakeholder groups. Openness forms the foundation for trust and constructive interaction, which is an essential part of Voimaosakeyhtiö SF’s business model. This helps us in meeting our obligations to our shareholders and other stakeholders.

We are open and honest in our operations with all our stakeholder groups. Openness forms the foundation for trust and constructive interaction, which is an essential part of Voimaosakeyhtiö SF’s business model. This helps us in meeting our obligations to our shareholders and other stakeholders.

We act responsibly towards local communities and the society at large, and we contribute to the creation of interactions that are confidential and respectful to all parties. We do not approve of any kind of discrimination, harassment, bullying, or other type of inappropriate treatment in our operations. We respect human rights.
 

Environmental responsibility

By making it possible to generate emission-free electricity safely and professionally and to process nuclear waste reliably, we carry our responsibility for the environment together with our subsidiary Fennovoima.
 

We operate openly and confidentially

To maintain confidentiality and to process information in a safe way is important to us. We do not disclose confidential information to or share it with parties without legitimate interest to it. All personal information will be processed according to data protection laws.
 

Protecting company assets

We protect the assets, resources, and information of Voimaosakeyhtiö SF and its shareholders. We do not use them to pursue personal gain.
 

We avoid conflicts of interest and oppose bribery and corruption

We avoid situations where conflicts of interest may occur. We do not pursue personal gain by taking advantage of our position or information gained through it.

We oppose bribery and corruption. We do not accept or offer bribes or give gifts exceeding the bounds of legitimate business hospitality and applicable laws.
 
 

Following ethical operating principles

We require all Voimaosakeyhtiö SF’s employees, partners, and suppliers to understand the rules set in our ethical operating principles and to comply with them.

Every Voimaosakeyhtiö SF employee has the responsibility of reporting breaches of the company’s ethical operating principles to the CEO and Board of Directors. All reports will be processed.