Global Compact

Fennovoima has committed to align its strategy and operations with the ten principles of United Nations’ Global Compact initiative concerning human rights, labour, environment and anti-corruption.

Global Compact is the world's largest corporate responsibility initiative launched by the former UN Secretary General Kofi Annan in 2000. More than 9,000 companies from 166 countries are involved in the initiative.

Fennovoima signed the Global Compact initiative in February 2017 to emphasise the importance of sustainable development and social responsibility in the Hanhikivi 1 project. The companies involved in the initiative commit to report annually their compliance with Global Compact principles.

Human Rights

Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
Principle 2: make sure that they are not complicit in human rights abuses.

Labour

Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
Principle 4: the elimination of all forms of forced and compulsory labour;
Principle 5: the effective abolition of child labour; and
Principle 6: the elimination of discrimination in respect of employment and occupation.

Environment

Principle 7: Businesses should support a precautionary approach to environmental challenges;
Principle 8: undertake initiatives to promote greater environmental responsibility; and
Principle 9: encourage the development and diffusion of environmentally friendly technologies.

Anti-Corruption

Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

More information on Global Compact: www.unglobalcompact.org