Governance

Responsible business and operating culture are important to us. We are committed to acting in accordance with our Code of Conduct and policies. We continuously develop our sustainability work as well as its monitoring, management and reporting. We strive to meet the sustainability requirements of our owners and other stakeholders thoroughly.

We act ethically and communicate about our operations clearly and openly. We do not accept corruption, bribery or other unethical activities in any form. We do our part to reduce the shadow economy and do not accept restrictions on competition. We expect the same principles from all our business partners. We choose our suppliers and partners carefully and use sustainability criteria as part of our supplier selection process.

Reporting and sustainability measurement

We report on the sustainability status of our operations annually as part of our owner CapMan’s sustainability report. We also participate annually in GRESB reporting. In addition, we communicate responsibility through our own channels. We report monthly on sustainability issues to the company’s top management and Board of Directors. The employee incentive system includes indicators related to sustainability.

Code of Conduct

The purpose of Skarta Energy’s Code of Conduct is to establish common basic principles that regulate all our decision-making and actions in our business environment. The Code of Conduct assist us to ensure compliance with all applicable laws and regulations as well as responsible and ethical behaviour in our daily operations and decision-making.

The Code of Conduct states the principles that all employees of an organisation need to understand and follow. The Code of Conduct applies to all employees and partners.

Skarta Energy has a separate Supplier Code of Conduct for its partners. The purpose of the Supplier  Code of Conduct is to ensure the same responsible and ethical practices throughout the whole Skarta Energy’s supply chain. Skarta Energy expects all its suppliers, subcontractors and other partners to commit to the principles set out in the Supplier Code of Conduct.

Read more about our Code of Conduct.

Read more about our Supplier Code of Conduct.

Memberships

We want to be actively involved in developing the renewable energy sector in Finland and globally. We are members of Suomen uusiutuvat (Renewables Finland) and Energiateollisuus (Finnish Energy Association).

Whistleblowing channel for reporting concerns and violations

When can I use the Whistleblowing channel?

A report can be made when you suspect possible misconduct or unethical behaviour in the operations of Skarta Energy or its partners.

Such misconduct may include operation or behaviour of Skarta Energy’s personnel or its partners that are fraudulent, suspicious, dishonest, illegal, negligent, contrary to the Code of Conduct or otherwise unethical, inappropriate or non-compliant with regulations. Your report may concern, for example, money laundering, market abuse, violations of data protection, corruption, or violation of Skarta Energy’s Code of Conduct or other internal rules.

You do not need proof of your suspicions, but all reports must be made in good faith. Misuse of a Whisteblowing report, i.e. intentionally reporting false or malicious information, is a serious violation that may lead to further action.

We encourage you to primarily report the suspected misconduct directly to your Skarta Energy contact person. If this isn’t possible, or if you want to make an anonymous report, you can use the confidential Whistleblowing Channel to submit a report.

How to submit a report

Skarta Energy has access to its owner CapMan’s Whistleblowing channel. The Whistleblowing Channel is provided by an external partner WhistleB, Whistleblowing Centre, to ensure anonymity and confidentiality. The communication channel is encrypted and password-protected.

You can submit an anonymous report here.

Submitting a report is done easily and securely by following the instructions on the form. When you submit your report, an ID and password will be displayed on the screen. Save them in a secure place. You will remain anonymous throughout the dialogue, unless you want to give us your personal information.

Thank you for helping us to promote responsible business.

Your message will be securely handled

The whistleblower process is based on the legal requirements of Whistleblower Directive and Whistleblower Protection Act.  All reports are taken seriously and treated confidentially. The notifier does not suffer any sanctions or disadvantages from the notification.

The identity of the reporter is handled confidentially, respecting the level of anonymity chosen by the person.

The recipients of the whistleblowing reports are CapMan Head of HR, Compliance Officer and Head of Operations. Chair of the Audit Committee have the right to process and monitor all reports. Reports concerning Skarta Energy are directed to Skarta Energy’s Whistleblowing team. Skarta Energy’s whistleblowing team consists of HR manager, HSEQ manager and CFO. Only members of the whistleblowing team have access to reports of suspected misconduct received through the Whistleblowing channel, and each team member is bound by confidentiality. During the investigation, the whistleblowing team may request information and expertise from other individuals. This is also done confidentially.

Within 7 days of receiving your report, we will send you information on the progress of the process as well as possible follow-up questions. Be sure to occasionally check the channel to see if we’ve responded to your report.

All reports are stored and retained only in the highly secured WhistleB Whistleblowing Centre and deleted when there is no longer grounds for retaining the information. Personal data is retained only as long as it is needed for handling the case and/or CapMan has a legal obligation to retain the personal data.