annual report 2009 - Fiskars Corporation
annual report 2009 - Fiskars Corporation
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.