Patria collaborates with national and international stakeholders, such as private operators, state-owned enterprises, governments and government officials and agencies on a variety of levels and in numerous ways (e.g. as a corporate citizen, tax payer, supplier, business partner and employer). Collaborating and conducting business with any and all of these stakeholders requires high ethical standards, integrity and transparency. This collaboration is subject to strict requirements concerning anti-corruption and anti-bribery as well as requirements concerning procurement practices, lobbying, sponsoring, representation, conflict of interest situations, gifts and benefits.
Patria directors, board members, officers, employees and business partners are required to conduct business with high integrity and ethical standards and in a transparent manner when collaborating and interacting with any and all of the referenced stakeholders and to strictly comply with Patria Ethical Code of Conduct and related guidelines and policies as well as any and all applicable laws and regulations.
Patria works in close, long-term co-operation with these stakeholders and understands good partnership as professional, reliable, responsible, open and transparent collaboration that all parties involved can accept without reservation.
At Patria, the national legislation of Finland and other operating countries on the transparency of communications and lobbying directed at political and governmental influencers is strictly adhered to. Transparency in communication to promote Patria's goals and interests is in line with the high ethical level that defines all Patria's activities.
Patria manages its stakeholder relations honestly, ethically, fairly and confidentially.
Patria does not tolerate any deviation from high ethical standards of integrity, transparency, ethical conduct and compliance.
Excellent examples of the partnership can be found in various partnership agreements, such as the strategic partnership agreement signed between the Finnish Defence Forces and Patria regarding life-cycle support services for military aviation systems, and the extended strategic partnership agreement between Millog and the Finnish Defence Forces.
Memberships
Patria Oyj has a few memberships. Patria takes part in the United Nations Global Compact and supports its work through annual voluntary donations. The leading Finnish companies operating in international and domestic markets established Global Compact Finland Network to gather up all the Finnish companies and organisations committed to the UN Global Compact initiative. Patria is also a member of the Finnish Corporate Responsibility Network FIBS.
There are also industry-related memberships. Patria is a Direct Company Member of AeroSpace and Defence Industries Association of Europe (ASD). Patria is also a member of the Association of Finnish Defence and Aerospace Industries (AFDA) in which Patria’s representative acts a Chairman of the Board. AFDA covers almost all the defence-related industries in Finland with approximately 200 member companies. AFDA has close relations with the Finnish Ministry of Defence and Defence Forces. It is also a member of the ASD. Patria is also a member of the AmCham in Finland and the Chamber of Commerce in Helsinki region.
Stakeholder co-operation
| Stakeholder | Expectations | Engagement | Impacts on Operations, Business Model and Strategy |
| Owners | Successfull strategy execution, financial and operational performance; High employee productivity and satisfaction; Strong customer loyalty and satisfaction; Pioneering in Sustainability with targets set to enable competitiveness | Regular communication of Patria’s strategy and business performance; ESG-program acceptance; Co-operation projects with Konsgberg | Implementation of Strategy– Horizon 2025; Incorporation of State of Finland Sustainability program into Patria’s ESG-program; Insights from collaboration projects with Kongsberg |
| Personnel | Safe, healthy and inclusive workplace; Career opportunities and competence development; Good leadership; Fair working conditions and benefits | Code of Conduct trainings and survey of unethical conduct in Patria; Co-operation with employees representatives meetings; Pulse-surveys for employees; Actions supporting positive working atmosphere | Regular onboarding and refresher trainings, both tailored and general e.g. competence development; Code of Conduct trainings; Management system; Health care system; Patria and Millog’s equality and non-discrimination survey for 2024–2026; Diversity, equality and inclusion (DEI) activities; Competence development across Patria |
| Co-operation partners and customers | High-quality products and services, that meet Customer’s needs; High-ethical standards and integrity; A good reputation and brand; Financial stability and performance | Customer relationship management and continous engagement; Customer experience ratings; Compliance against Patria’s ESG Program | Implementation of Customer promise to deliver products and services; Product portfolio development; Operating as partner for our Customers to offer services |
| Shareholders and Investors | Increasing value of Patria’s share; Financial stability and performance, return for investments, and reliable up-to-date information about company; Strong ownership background; Management of ESG risks and development of sustainability | Annual General Meeting (AGM); Presentations and continous communication for analysts, investors and shareholders | Strategic direction and financial management of Patria; Sustainability materiality assessment, development of topical themes and management of risks; ESG in management remuneration |
| Suppliers | Reliable and trustworthy co-operation in business relationships; Sharing of values and priorities; Clearly communicated business requirements and expectations | Communication and co-operation meetings concerning Supplier relationships; Ethical practises as part of Patria’s culture; Compliance and Ethics channel, Speak-Up | Working conditions and other work-related rights; Improving transparency between Patria and suppliers; Cost efficiency and innovation improvements; Assessment of suppliers’ sustainability as part of the supplier selection process; Risk-based supplier assessments and audits |
| Society* | Forerunner and leadership in defence industry; Products and services, that enable national security; Open communication about defence activities | Employment opportunities and trainerships; Compliance with legislation and transparent reporting | Employment of over 3,000 employees and over 2,000 active supply chain companies; Collaboration with various educational institutions and universities; Adaptation of products, services and supply chains; Security of supply; Social expectations on ESG development |
| Lobbying | Providing insights in the dialogue on current regulatory and policy topics that impact Patria's operating environment | Patria's participation in public discussion and engagement with political and government officials in a transparent and ethical manner following good lobbying practices | Participation to public discussions by providing information based on our experience and expertise as technology industry; Contribution directly and through industry associations; Events, seminars and panel discussions within industry; Lobbying principles and policy; Internal processes in follow-up and recording of interaction with political and government officials |
| Trade and industry associations | Participation to surveys and co-operation projects; Active co-operation and representation in trade and industry associations | Active participation in European and Global industry associations, such as ASD and TRACE; Co-operation with research organizations and industry associations | Patria’s central role in international research and development programmes, e.g. FAMOUS-programme |
| Media | Active and fast co-operation; Providing reliable and transparent information of the company | Contribution to general industry discussions and debates; Press releases and announcements; Media interviews and discussions; Utilization of social media platforms, e.g. LinkedIn | Adaptation of operations, business model and strategy to align with defence industry market needs and expectations |