Partnera published its first sustainability report

   

Partnera Corporation has published its first sustainability report today. The report is available at www.partnera.fi, and it covers the key actions supporting sustainable development of Partnera’s and its subsidiaries Foamit Group and KPA Unicon Group as well as the Corporation’s approach to sustainability and corporate responsibility.

“This is our first sustainability report, with which we seek to share the positive outcomes we create through our operations. In 2021, we saw strong growth for Partnera’s operations through two acquisitions. Due to these recent changes, we acknowledge that we are only at the start of our journey with regards to sustainability reporting. However, our solutions are an integral part of transition towards the sustainable use of resources and a carbon neutral society and at the same time they bring excellent growth opportunities to Partnera”, states Jari Pirkola, CEO, Partnera Corporation.

Growing the sustainable business portfolio

Partnera aims to advance sustainable development through its businesses internationally. The company promotes transition towards more sustainable use of natural resources and carbon neutral society by allocating investments and expertise to developing businesses within these themes. While doing that, the company also provides investors with an opportunity to invest in unlisted companies that can achieve measurable and positive impacts on the environment and society.

In 2021, Partnera strengthened its sustainable business portfolio by acquiring the majority share of the Finnish company KPA Unicon Group Oy, one of the leading clean energy solution suppliers in the Nordic countries. The solutions help reduce emissions and support the transition to new cleaner energy systems on an international scale.

During the year, also Foamit Group strengthened its position as the most significant glass recycling and foam glass manufacturing company in the Nordic countries by acquiring the Norwegian foam glass manufacturer Glasopor.

Through their business operations, both businesses achieved measurable results supporting sustainable development, including:

- Foamit Group supported circular economy by recycling some 100,000 tonnes of glass into new products.

- KPA Unicon Group helped to reduce the use of fossil fuels by turning the heating of close to 20 000 detached houses into users of renewable energy.

- KPA Unicon Group’s new power plant helps reduce carbon dioxide emissions by some 200,000 tonnes a year in Zenica, Bosnia-Herzegovina, by turning the coke and blast furnace gases from the local steelwork into fuel.

Focus on people and the framework of sustainability

In 2021, Partnera Corporation’s sustainability focus was on people and continuing the integration of the acquired businesses. The corporation also set the foundations for its sustainability work by carrying out materiality assessment on sustainability and adopting the most relevant United Nations Sustainable Development Goals (SDGs).

About the report

Partnera’s first sustainability report was compiled by using the United Nation’s Sustainable Development Goals (SDGs) as the primary framework. The GRI reporting guidelines were also used as basis but due to the acquisitions during 2021 the report is not yet compliant with the GRI standard.

For more information, please contact:

Partnera Corporation
Jari Pirkola, CEO
telephone: +358 400 867 784
e-mail: jari.pirkola@partnera.fi