Sustainability governance model
Clear responsibilities create transparency. A sharp focus on the essentials allows us to grow sustainably. Fiskars Group’s governance model illustrates how we manage sustainability throughout the company.
The Board of Directors conducts a comprehensive review of the sustainability approach and ambition once a year and has the ultimate oversight of sustainability: the ambition level and targets.
CEO and Fiskars Group Leadership Team (FGLT) reviews and approves Fiskars Group’s sustainability approach, commitments, roadmaps and targets. Follows the execution of the roadmap work. Owns the targets and is responsible for ensuring they contribute to strategic priorities while responding to global influences. Signs off the policies, sustainability reports, compliance and data. Part of the regular agenda of FGLT. The Chief Financial Officer & deputy to the CEO has the overall responsibility to drive the sustainability agenda in the FGLT.
The Sustainability Management Team is a cross-functional team aligning and prioritizing activities for Fiskars Group sustainability agenda and building up the roadmap for approval. The team oversees the execution of the Fiskars Group sustainability roadmap and tracks the performance against our commitments and roadmap. The team includes members from our Business Areas and all Global Functions, including Human Resources, Finance & IT, Supply Chain, Legal & Compliance, Sales and Communications. Each team member is responsible for sharing information and driving the sustainability agenda in their respective teams.
The Group Sustainability Team has a strategic oversight of sustainability across Fiskars Group operations – developing, coordinating, and reporting sustainability related topics.
- Facilitates cross-functional approaches bringing together insights from Business Areas and Global Functions, ensuring we work towards our targets and integrate sustainability into our business plans.
- Proactive management of stakeholders’ expectations, bringing insights and learnings into the business and top management.
- Integrating sustainability into our practices, communication, and policy implementation.
- Reporting on progress both internally and externally to relevant stakeholders.
The Business Areas and Global Functions are responsible for responding to sustainability targets in their brand and business plans and operations.