SATO puts special focus on sustainable business by updating Code of Conduct
(Thomson Reuters ONE) -
SATO Corporation, Press Release, 3rd January 2017 at 12:45 pm
SATO aims at long-term profitable business based on an ethical and sustainable
approach to matters relating to the economy, people, society and the
environment. The company is determined to place an even stronger focus on
sustainability and has updated its Code of Conduct to support this aim.
- Sustainability is more than a trend. It must be a natural part of business,
says SATO President and CEO Saku Sipola. - We've updated our Code of Conduct
together with our personnel, which already is an indicator of our commitment to
sustainability.
- Compliance with legislation and a sustainable and ethical approach are among
the cornerstones of our business and success, Sipola continues.
The updates to the Code of Conduct also involved updates to SATO's policies
regarding issues such as reasonable hospitality. From now on the company and its
employees will not receive gifts for anniversaries, Christmas or any other
occasion.
- We'll continue to donate our holiday season greetings funds to charity in the
future too. At the end of 2016 we made a donation to the homeless organisation
Vailla vakinaista asuntoa ry, says Sipola.
Together with the SATO values and management culture, the Code of Conduct forms
the framework for the way things are done by SATO. The Code of Conduct contains
policies including those on reporting, competition, stakeholder relations, the
environment, privacy, and compliance with SATO's Customer-first principle.
Openness facilitated by the Whistleblowing channel
- We value openness and honesty, says Sipola. - We want to know if there are any
areas in our operations that are not in line with our Code of Conduct. For this
purpose we've opened a Whistleblowing channel.
Available at sato.fi, the channel provides SATO's stakeholders and employees
with the opportunity to report anonymously on issues that in their opinion are
not in compliance with SATO's values, Code of Conduct or practices.
The Code of Conduct and the Whistleblowing channel can be found at sato.fi:
www.sato.fi/codeofconduct
For more information please contact:
SATO Corporation
Saku Sipola, President and CEO, phone +358 201 34 4001 or +358 40 551 5953
www.sato.fi/en
SATO is one of Finland's leading rental housing providers. SATO's aim is to
offer comprehensive alternatives in rental housing and an excellent customer
experience. SATO holds roughly 25,700 rental apartments in Finland's largest
growth centres and in St Petersburg.
In our operations, we promote sustainable development and initiative-taking, and
work in open interaction with our stakeholders to create added value. We operate
profitably and with a long-term view. We increase the value of our housing
property through investments, divestments and repair work.
SATO Group's net sales in 2015 were ?323.4 million, operating profit ?196.5
million and profit before taxes ?159.4 million. SATO's investment properties
have a value of roughly 3.3 billion (Q3/2016).
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SATO Oyj via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 03.01.2017 - 11:45 Uhr
Sprache: Deutsch
News-ID 515457
Anzahl Zeichen: 3830
contact information:
Town:
Helsinki
Kategorie:
Business News
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"SATO puts special focus on sustainable business by updating Code of Conduct"
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SATO Oyj (Nachricht senden)
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