Climate Change Data

Environmental Metrics

ESG Focus Areas

• Conflict Minerals
• Human Rights
• Supply Chain Responsibility

Social Achievements

• Development of the Conflict-Free Smelter (CFS) Program to improve conditions in the supply chain and reduce human rights abuses related to conflict minerals mining.

Governance Achievements

• Development of the Conflict Minerals Reporting Template to standardize data collection and reduce burden on suppliers and customers.
• Supporting OECD due diligence guidance and pilot of the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas

Climate Goals & Targets

Environmental Challenges

• Conflict in the Democratic Republic of Congo (DRC) and the use of mineral revenue to fund armed conflict.
• Serious human rights abuses, theft, extortion, violence, forced and child labor linked to conflict mineral mining.
• Limited options for economic development in the DRC.
• Environmental problems such as deforestation caused by mining activities.

Mitigation Strategies

• Implementation of the Conflict-Free Smelter (CFS) Program.
• Development of the Conflict Minerals Reporting Template.
• Support for in-region sourcing schemes.
• Support for the OECD Due Diligence Guidance.

Supply Chain Management

Responsible Procurement

• Conflict-Free Smelter Program
• Conflict Minerals Reporting Template

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: OECD Due Diligence Guidance

UN Sustainable Development Goals

• Goal 8: Decent Work and Economic Growth
• Goal 16: Peace, Justice and Strong Institutions

Initiatives aim to improve working conditions and promote peace and stability in conflict-affected regions.

Environmental Metrics

ESG Focus Areas

• Environmental responsibility

Environmental Achievements

• Waste in proportion to production volume in 2020 at the Oulu plant was approximately 3 percent less than in the previous year
• 62% of the electricity used came from fossil-free sources in 2020

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Decline in net sales continued in the last quarter of the year, especially in the Telecommunications and Automotive segments.
• Lower PCB needs in product development projects from customers in the Telecommunications segment.
• Weak market situation in the European automotive industry at the beginning of the year and the consequent increase in PCB inventories.
• COVID-19 restrictions delayed industrial investment in the Industrial Electronics segment.

Mitigation Strategies

• Continued to invest in capacity and increased product development investments in new products and more challenging technologies.
• Purposefully expanded and grew its customer base and product offering.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• seeks to work closely with other electronics companies and subcontractors in projects concerning the environment and its protection; goal is to collect reliable data on the composition of the production materials, and to identify the most environmentally friendly raw materials and production processes

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ISO 14001

Certifications: ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• 69% of energy from fossil-free sources (62% in 2020)
• 100% of wastewater treated at our own treatment plants
• Waste/production -16% in 2021
• Recovery rate 65% in 2021 (65% in 2020)

Social Achievements

• Not disclosed

Governance Achievements

• AS9100 certificate granted

Climate Goals & Targets

Environmental Challenges

• Global shortage of components may limit growth in customer demand

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Cooperation within the supply chain

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Ecovadis, CDP

Certifications: ISO 14011, AS9100

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Ecovadis Bronze medal