Patria has a Corporate Responsibility Team which includes the Chief Communications Officer (leading the Team and responsible for corporate responsibility except for ethics and compliance), the General Counsel & Chief Compliance Officer and the Human Resources Officer. Together with the Group's financial, HR and environmental experts and representatives of the business units, these persons form the entire Corporate Responsibility Team.

The General Counsel & Chief Compliance Officer is responsible for matters involving ethics and compliance (incl. anti-corruption) in the Corporate Responsibility Team. Matters related to these areas are reviewed by Patria's Board of Management, and the General Counsel & Chief Compliance Officer reports regularly on them to the Board of Directors and the Audit Committee. Approval of the ethics and compliance program of Patria is the responsibility of the Patria Oyj Board of Directors. Specific responsibility for the supervision of matters related to ethics and compliance rests with the Audit Committee appointed by the Board and as per the Audit Committee Charter (document available at the bottom of the page) approved by the Patria Board of Directors.

Annual General Meeting

  • The Annual General Meeting is the highest organ of the company. It comfirms Patria's corporate responsibility activities.

Board of Directors

  • In accordance with the Government's decision in principle of 13 May 2016, the Board of Directors is responsible for organising corporate responsibility and integrating it with the company's strategy.
  • The Board of Directors confirms the Group's ethical practices and monitors their implementation.
  • The Audit Committee oversees compliance and issues related to corporate ethics.

Group Management Team

  • Under the leadership of the President and CEO, the Group Management team prepares Patria's strategy and the integration of corporate responsibility within the strategy.
  • The Group Management Team approves the themes and goals of corporate responsibility and monitors the achievement of the related objectives.
  • A member nominated by the Group Management Team acts as the Director of Corporate Responsibility, who leads the Corporate Responsibility Team.

Corporate Responsibility Team

  • The Corporate Responsibility Team consists of experts from Patria's businesses and corporate management.
  • The team prepares and is responsible for the achievement of objectives within the group.
  • The team is also responsible for the annual corporate responsibility report.

Business Units

  • Businesses are responsible for their activities and act in accordance with the corporate responsibility policy in order to achieve their goals.

Environmental management responsibility depends on business units and their appointed organisations reporting to the business unit Management Groups. A Group-wide environmental work group aims to enhance further collaboration and sharing of the information between various business units, and with developing and reporting on the group's environmental responsibility.

Corporate responsibility forms an integral part of the work and duties of each Patria employee.

Guidelines related to Corporate Responsibility are available in Patria's Integrated Management System and they are reviewed annually.

Objectives and Indicators

Patria's responsibility programme 2020-2025