Sustainability
Koskisen’s carbon handprint was 3.4 times Koskisen’s carbon footprint in 2021.
Koskisen makes full use of wood as a raw material and its integrated operating model enables optimized use of wood as a raw material at its production facilities. According to Koskisen management estimate, it is a frontrunner in integrated mechanical wood processing. Koskisen’s products are recyclable, as are most of the packaging materials Koskisen uses. Koskisen manufactures renewable products, for example, from wood processing by products, such as bark, that may be used to replace plastic. Wood based materials have, for example, as building materials 80 percent lower carbon dioxide emissions per construction wood tonne produced than steel and 25 percent lower than cement and a better carbon dioxide storage capacity than cement or steel. Moreover, wood is still usable for energy production at the end of its life cycle.
The key elements of our sustainability strategy
Koskisen’s Sustainable Development Goals build on the United Nations’ Sustainable Development Goals. Koskisen has identified three SDGs to which it can make the most significant contribution: 1) a Healthy Environment, 2) Fair Partnerships, and 3) Meaningful Work.
Environment and related targets
Koskisen’s basic philosophy of its environmental policy is to continuously improve its environmental performance. Koskisen aims to continuously reduce the load caused by its operations on the environment. The development of Koskisen’s products and production processes aims at minimizing harmful environmental impacts over the entire lifecycle of the products.
In 2021, 78 percent of the wood procured by Koskisen was certified, and Koskisen’s target is to reach 85 percent in the future. In 2021, Koskisen’s carbon footprint amounted to 116,530 tons of carbon dioxide equivalent. Koskisen’s main sources of fossil carbon footprint are resins and coatings of board products. Other sources of carbon dioxide emissions are transport, including harvesting and transport of wood, and electricity used in production. Koskisen’s wood products sequestered 394,573 tons of carbon dioxide equivalent in 2021. Koskisen is targeting to reduce its total energy consumption in accordance with a target to be decided later. Koskisen is also aiming to reduce its wastewater volume to a maximum of 0.155 cubic meters per produced cubic meter and a maximum of 78,400 cubic meters per year, and Koskisen’s target is that the share of biofuel in its heat production would close to 100 percent.
Economic
Koskisen is among the largest employers in the Päijät-Häme region in Finland. The Company cooperates closely with several harvesting and transport companies as well as providers of industrial services. In addition to approximately 900 Koskisen employees, the Company indirectly employs approximately 4,000 people. Also, Koskisen offers a summer job to almost 100 young people annually.
Social
Koskisen aims to be the best employer in its industry and operational region. Koskisen’s work well being index was 3.71, which was above the industry average in Finland, on a scale of 1–5 according to an employee satisfaction survey conducted in 2021. Personnel development and occupational safety are key focus areas for Koskinen.
Governance
Key areas of focus are ethics and anti-corruption, procurement responsibility, ESG reporting and data protection. Koskisen’s fair way of operating is described in more detail in its code of conduct. The code of conduct is available on the Company’s website.
ESG Reporting
Koskisen reports its environmental, social and governance related matters annually. Koskisen’s ESG report is published on the Company’s website.