Sustainable development is part of our strategy and is reflected in our day-to-day operations. We promote responsible and sustainable business operations throughout our value chain, from the procurement of raw materials to the environmental footprints of our products and well-being at work. We also help our partners, customers and consumers make sustainable choices.
Olvi’s sustainability themes
In defining our focus areas of sustainability work at Olvi Group, we considered the environment, social responsibility and good governance. Olvi Group’s sustainability has been divided in three focus areas and two themes that are supporting these. Our three focus areasconcentrate onenvironment, people and products. In addition to these, we focus on ethical operating practices and stakeholder collaboration.
Ethical operating practices are an important part of our operations, particularly in areas such as fair working conditions, respect for human rights, and transparent supply chain management. We support this commitment, for example, by adhering to internationally recognised standards. We also want to engage in active stakeholder collaboration with key stakeholders, resulting in concrete development initiatives. Progress and actions of focus areas, ethical operating practices and stakeholder collaboration are reported annually.
When defining the priorities of our sustainability work, we have taken into account the megatrends affecting our operating environment and the expectations of stakeholders. Sustainable development, digitalization, consumer behavior and globalization bring both challenges and opportunities to our business. Megatrends affecting our business.
Our sustainability work in practice
Our goals are to reduce water consumption, to be the best possible workplace for our personnel, and to promote a responsible drinking culture. We are committed to protecting biodiversity and respecting human rights in our value chain, with progress tracked through specific actions and annual reporting. Our success is based on active stakeholder cooperation and compliance with ethical operating practices. You can familiarize yourself with our main sustainability targets and metrics here.
The background of our sustainability work is influenced by international commitments and agreements. We focus especially on eight UN Sustainable Development Goals, that are most relevant to our own sustainability targets. We participate in the UN Global Compact initiative and are committed to its ten principles both in our own operations and in our value chain. These principles guide our work to promote human rights, workers’ rights and environmental protection, and to prevent corruption.
Olvi Group has approved science-based emission reduction targets in line with the Paris Climate Agreement. Progress and implementation plans are publicly reported and verified by third parties.
Management of sustainability work at Olvi
Our values, strategy, policies, guidelines and agreements defined at the group level in addition to ethical business practices form the basis for sustainability management at Olvi Group.
Lean philosophy and operating models as well as certified management systems create ways to work towards our sustainability targets. The members of our work community play a key role in bringing sustainable development into our everyday work.
Assessing and preventing sustainability risks supports stable and sustainable business operations and contributes to sustainable development. This way, we can also respond to our stakeholders’ expectations on the development of even more sustainable business operations.
“We work systematically at Olvi Group to promote sustainability. We aim to reduce emissions in our operations and value chain. We will focus on increasing the use of renewable energy, reducing water consumption, and taking actions to respect human rights andto increase share of non-alcoholic products. All progress is tracked through specific targets and annual reporting.”
