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annual report 2009 - Fiskars Corporation

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12 FISKARS Annual Report <strong>2009</strong><br />

Responsibility<br />

Products that last<br />

from generation<br />

to generation<br />

Sustainable development<br />

represents a key foundation<br />

of <strong>Fiskars</strong>’ operations and is<br />

very much part of the company’s<br />

360-year heritage. Good economic<br />

performance and a financial<br />

responsibility are central to sustainability,<br />

and enable environmental issues,<br />

social responsibility for personnel,<br />

and cooperation with society as<br />

a whole to be given the attention they<br />

deserve. <strong>Fiskars</strong> also has a special responsibility<br />

to safeguard and develop<br />

the cultural heritage associated with<br />

its birthplace, <strong>Fiskars</strong> Village, and the<br />

numerous iconic design products in<br />

its product portfolio. <strong>Fiskars</strong> sees the<br />

entire life cycle of its products and<br />

their durable nature as fundamental<br />

to its approach to sustainability. The<br />

company’s mission – lasting everyday<br />

design, since 1649 – is part of the<br />

same continuum.<br />

The principles underlying <strong>Fiskars</strong>’<br />

approach to business responsibility<br />

are defined in the company’s Code<br />

of Conduct, which was approved by<br />

the Board of Directors at the end of<br />

2008. During spring <strong>2009</strong>, employees<br />

in all units took part in training based<br />

around these principles. Under its<br />

Code of Conduct, <strong>Fiskars</strong> not only<br />

abides by the laws and regulations<br />

of the countries in which it operates,<br />

but is committed to being a good and<br />

ethically responsible corporate citizen.<br />

Quality production<br />

<strong>Fiskars</strong>’ supply chain, which extends<br />

from in-house manufacturing to<br />

procurement, logistics, and distribution,<br />

is based on sustainable principles.<br />

The company’s own plants,<br />

which total close to 20 units, focus on<br />

their own special areas of expertise.<br />

Manufacturing processes have been<br />

developed to minimize the use of<br />

raw materials and the emissions<br />

and waste they generate.<br />

Supply chain management processes,<br />

together with work on further<br />

developing them, are designed to<br />

ensure that sales needs can be predicted<br />

accurately and production can<br />

respond flexibly to demand. When<br />

production capacity meets demand<br />

as closely as possible, surplus production<br />

can be avoided. Streamlined<br />

logistics also play an important part<br />

in reducing <strong>Fiskars</strong>’ environmental<br />

footprint, and the aim is to eliminate<br />

unnecessary intermediate stages<br />

throughout the overall logistics chain.<br />

Extended responsibility<br />

As a company that operates on<br />

global markets, <strong>Fiskars</strong> interacts with<br />

suppliers and partners from a wide<br />

range of backgrounds and societies.<br />

<strong>Fiskars</strong> expects all its partners<br />

to commit to the human rights set<br />

out in the Universal Declaration of<br />

Human Rights approved by the United<br />

<strong>Fiskars</strong>’ principles of<br />

corporate responsibility<br />

are included in<br />

its Code of Conduct<br />

Nations. An audit of the company’s<br />

supplier network in Asia and Europe<br />

was carried out in <strong>2009</strong>, and monitoring<br />

production conditions at the plants<br />

operated by its partners represents<br />

a tangible example of how <strong>Fiskars</strong><br />

approaches responsibility in practice.<br />

Auditing is designed to monitor<br />

that local laws and regulations are<br />

observed and that occupational safety,<br />

human rights, and environmental issues<br />

are given due attention. The auditing<br />

process in <strong>2009</strong> reviewed a checklist<br />

of 80 items covering areas such as fire<br />

safety, waste and chemical handling,<br />

and employees’ age and pay.<br />

Caring for personnel<br />

<strong>Fiskars</strong>’ social responsibility for<br />

its personnel is particularly under -<br />

lined during economically difficult<br />

times in the communities where the<br />

company is a major employer. The<br />

company is committed to treating all<br />

its people fairly and equally. A safe<br />

workplace is also very much part<br />

of this commitment.<br />

<strong>Fiskars</strong> continued to cooperate<br />

with cancer foundations in <strong>2009</strong> by<br />

donating part of the sales revenue<br />

from its pink garden and home products<br />

to the Pink Ribbon campaign; and<br />

extended its involvement by joining<br />

the Silver Fund dedicated to promoting<br />

research on prostrate cancer.<br />

<strong>Fiskars</strong> also supports local organizations<br />

in the communities where its<br />

plants are located, together with a<br />

small number of carefully selected<br />

national charities, through donations.<br />

Cooperation with the Finnish Design<br />

Museum, the Arabia Art Department<br />

Society, as well as The Cooperative<br />

of Artisans, Designers and Artists<br />

in <strong>Fiskars</strong> forms an important part<br />

of <strong>Fiskars</strong>’ cultural responsibility.

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