Global phenomena such as climate change and resource scarcity are increasingly reshaping our environment, impacting both the natural environment and the communities where we operate. We believe that through responsible use of natural resources, we are able to positively impact the environment and communities, as well as our bottom-line, through lowered costs.
Managing our environmental impact
Responsible use of resources and the careful reduction, re-useand recycling of materials is central to Fiskars’ supply chain strategy. Our environment and energy approach is guided by two principles: supporting long-term competitiveness and mitigating negative impacts. Creating business models around the circular economy, such as extended material cycles, provide opportunities to create value and help us to mitigate the use of non-renewable materials. We are committed to promoting efficiency and identifying new solutions throughout our value chain.
Our global operating environment brings opportunities and risks that we must recognize. Environmental opportunities and risks are considered as business risks and we strive to minimize our negative impact and grasp the positive opportunities.
International standards and guidelines, such as ISO 14001, create an important foundation for our environmental management. They provide a means to ensure alignment, consistency of approach and continual improvement throughout all our manufacturing units. Most of Fiskars factories and distribution centers are certified with the ISO 14001 environmental management standard.
Targets & reporting
We have set objectives to reduce significant environmental impacts and will monitor the progress to assess our environmental performance. In 2016 we created long-term targets to support our aim to reduce energy use, lower CO2 emissions and develop processes to recover or recycle all materials used in our production.
Consistent efforts to improve
Fiskars has acquired a number of businesses in recent years, including Nelson & Gilmour in late 2014 and WWRD group of companies in mid-2015. In 2016, the company continued the transformation to build global businesses and a unified supply chain. To ensure company-wide alignment, 2017 will be used as a baseline to measure progress toward our long-term targets.
During the past years we have achieved improvements on manyfronts. In Finland, we have successfully conducted projects that have increased our production efficiency and lowered our emissions.
We will continue our efforts globally to reach our ambitious long-term targets.
Supplier environmental development
Fiskars production strategy is based on combining our own manufacturing with selected suppliers. We recognize the notable environmental impacts outside of our own manufacturing and operations and we have created targets to cover the whole value chain.
In 2015 Fiskars launched a Sustainability Development Program, working together with our key suppliers with the aim of deepening collaboration in sustainability. Seven of our biggest finished goods suppliers participate in the program that includes development of data gathering, collaboration to map potential improvements and implementing development plans. In addition, we plan to develop a unified way of collecting environmental data from our key suppliers and also developing a comprehensive way to calculate our emissions from the value chain (scope 3).