HELSINKI - Nonwovens manufacturer Suominen has launched an ESG Index to offer comprehensive and transparent sustainability information about its activities, covering topics such as environmental, social and governance.
The index, which compliments Suominen’s sustainability reporting is publicly available on the company's website.
“The ESG index offers an easily accessible and comprehensive summary of Suominen's sustainability work, presenting our strengths and the areas for development transparently," said Emilia Peltola, VP, Communications & IR.
"Suominen’s vision is to be the frontrunner in sustainable nonwovens and transparent communication is an important aspect of our sustainability work.” As Suominen notes, sustainability is also an increasingly significant indicator also for the company's investors. “Disclosing transparent and easily accessible information about our sustainability work is essential also from that perspective,” Peltola added.
The Suominen ESG index is divided into three themes: environmental, social, and governance. Each theme includes sustainability claims and an assessment of Suominen's performance in them, including references to evidence. The claims have been tailored to reflect Suominen’s operations. Each claim has a weight that represents the materiality of the issue in relation to the others. The scoring method for each claim is also disclosed.
“Detailed sustainability information is particularly important for our customers and other partners, who might, for example, need data from each step in the supply chain to evaluate their own sustainability,” added Noora Rantanen, Manager, Sustainability & Marketing.
