Committing the personnel to the Code of Conduct
100% of our personnel have completed the training on our Code of Conduct.
Governance
Luotea aims to ensure that the company’s operations involve no serious damage or offences. We emphasise the importance of compliance with laws and regulations in our business operations.
Key targets and indicators
Committing the suppliers to the Code of Conduct
Our contract suppliers have made a commitment to Luotea's Code of Conduct.
Our contract suppliers conduct a self-assessment
Our most significant contract suppliers have conducted a self-assessment of their own operations.
The focal points of our commitment to good governance
Code of Conduct at Luotea
Sustainable and ethical operating methods are essential conditions for Lassila & Tikanoja’s operations. Our sustainable business principles and ethical guidelines are documented in Luotea's Code of Conduct.
Sustainability of the supply chain
Luotea also requires its suppliers and subcontractors to act responsibly in all their operations. Suppliers must commit to Luotea's supplier guidelines and develop their operations in accordance with them.
Human rights risk assessment
Our goal is to offer everyone the opportunity for dignified work. We work every day to ensure that no human rights violations occur in our operations. We take any deviations with the seriousness they require. As part of our human rights efforts, we have conducted a comprehensive assessment of the human rights impacts and risks of our operations. The assessment covers the entire value chain.
The policies leading our operations
Luotea's policies and principles cover the environmental, ethical and social perspectives that the Group observes in both its own operations as well as in the services it produces for customers.
Tax Strategy
The aim of Luotea’s tax strategy is to increase shareholder value and ensure that the company pays its taxes appropriately in each country in which it operates.
Remuneration of the management
The central principle of remuneration at Luotea is that the remuneration of the board and the CEO should promote the achievement of the company's goals and offer a remuneration system that is fair in terms of level and structure, binding, competitive and in line with market practice.
