Sustainability Organization and Risk Management
The Board of Directors of Bittium Corporation discusses sustainability questions on the basis of the Management Groupīs proposals, and the Audit Committee discusses and prepares responsibility questions.
The Management Group discusses sustainability questions, monitors the effectiveness of sustainability measures and sets targets in the biannual management review. The Management Group is also responsible for implementing sustainability plans and measures in daily business.
Bittium also has a social sustainability working group that is responsible for monitoring and the impact assessment of responsibility measures, reporting, and risk management and assessment. The working group has six members: CEO, Chief Legal Officer, Director, Corporate Communications and Marketing, Director, Human Resources, CFO and Head of Quality, the Environment and Processes. The sustainability working group holds quarterly meetings and prepares the sustainability report. Bittium management and the Board of Directors review the sustainability report annually.
The sustainability report specifies the applicable methods that guarantee a sufficient level of diligence. The managing of risks related to operations and the operating environment as well as the processes are specified in the Bittium Corporate Governance Statement.
We Will Continue Developing Our Sustainability Work in 2019
Bittium will improve its sustainability management in the coming years. In 2019 we will conduct a stakeholder survey based on which we will make a materiality analysis in order to better take account of the needs of our stakeholders. At the same time we will review our sustainability focus areas and define goals and indicators for each of them. We aim at releasing our sustainability program in 2020.