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Monday 13 January, 2020

Suominen Corporation

Suominen’s revised Sustainability agenda for 2020-2025

Suominen’s revised Sustainability agenda for 2020-2025

Suominen Corporation’s press release, January 13, 2020 at 10:00 a.m. EET

Suominen has revised its sustainability agenda as part of the business strategy work. The agenda crystallizes the sustainability themes and targets for the strategy period 2020-2025.

A thorough stakeholder survey, interviews with stakeholder representatives, as well as internal workshop with management served as the basis for renewing the agenda.

Four sustainability themes

Suominen's sustainability agenda has four themes which represent the topics that are defined most important to its business and stakeholders. These themes create basis for actions and targets. Through the themes Suominen evaluated its performance and reports on its achievements on an annual basis.

Suominen’s sustainability themes:

  • People and safety
  • Sustainable nonwovens
  • Low-impact manufacturing
  • Corporate citizenship

Demand for more sustainable products

Consumers are increasingly interested in responsibility of their purchases. Especially single used plastic products and marine plastic pollution are causing concerns. This creates demand for sustainable products and new market opportunities for sustainable nonwovens. Suominen’s sustainability approach doesn’t concentrate only on developing more sustainable products and decreasing its own productions environmental impacts, but also highlights the importance of responsible business practices throughout the value chain.

"Market for sustainable products is growing globally and we are well placed to respond to this increasing demand. Sustainability is an integral part of Suominen's operations and strongly linked to our vision to be the frontrunner in nonwovens innovation and sustainability," says Petri Helsky, President and CEO of Suominen.

SUOMINEN CORPORATION

For more information: Emilia Peltola, VP, Communications, IR and Sustainability, tel. +358 10 214 3082

Suominen manufactures nonwovens as roll goods for wipes and other applications. Our vision is to be the frontrunner for nonwovens innovation and sustainability. The end products made of Suominen’s nonwovens, such as wet wipes, feminine care products and swabs, are present in people’s daily life worldwide. Suominen’s net sales in 2018 were EUR 431.1 million and we have nearly 700 professionals working in Europe and in the Americas. Suominen’s shares are listed on Nasdaq Helsinki. Read more at www.suominen.fi.


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