The Fennovoima Responsibility Program supports sustainable development of Fennovoima’s operations and Hanhikivi 1 Program. The objective of the Responsibility Program is to ensure that practices, operations and objectives in Fennovoima’s organization and at the construction site are in line with the corporate responsibility expectations of Fennovoima’s internal and external stakeholders.
We focus on the following areas of responsibility that are material to Fennovoima:
- Responsible business practices
- Effective Hanhikivi 1 program and construction management
- Economic profitability
- Nuclear safety
- Organizational development and employment
- Supply chain management
- Occupational health and safety
- Environmental management
- Stakeholder engagement
The objectives of the UN Global Compact initiative are included in the program.
Effective implementation of the Responsibility Program requires continuous development, setting targets and monitoring their achievement, and when required, adjustments to the operations to fulfill the sustainability and responsibility standards that Fennovoima has set for the organization and its operations.
The Responsibility Program’s goals and targets are reviewed annually. The progress and achievement of the targets of the Responsibility Program is monitored by the responsible departments and units and the management team. The progress in each area is reported yearly in the Corporate Responsibility Report.
Responsible business practices
Fennovoima aims to be a world-class nuclear power company with a good safety culture and the highest level of integrity in everything we do.
Fennovoima’s Compliance and Ethics Program is based on inserting compliance into the overall strategy process and into the existing Fennovoima Management System and the related risk management processes. The Compliance Program is approved by the Board of Directors, while the CEO is responsible for the Compliance and Ethics Program being executed and complied with in Fennovoima.
Fennovoima has defined the three most significant goals related to responsible business practices of our operations. These goals are compliance with legal requirements, consistent protection and support of human rights, and continuous work against corruption in all its forms.
Our key policies and guidelines for responsible business practices are the following:
- The Fennovoima Code of Conduct (which incorporates the principles that are considered in all our actions and operations.)
- The Company Policy (which defines the principles according to which Fennovoima takes care of nuclear and radiation safety in its functions and ensures the quality of its activities and products. It includes aspects related to nuclear and radiation safety, quality, human resources, occupational health and safety, security, environment, and communication.)
- Instructions on preventing money laundering and terrorist financing (Fennovoima is committed to international standards preventing money laundering and terrorist financing, and complies with applicable laws.)
- Instructions on anti-bribery and anti-corruption (Fennovoima has zero-tolerance to bribery and corruption)
- The principles of the UN Global Compact (which is a voluntary initiative to implement universal sustainability principles in our operations and actions)
Effective Hanhikivi 1 program management
Efficient program management requires, among other things, effective processes and systematic ways of working, and a well-functioning management system.
The Fennovoima Management System (FMS) ensures that nuclear and radiation safety is always considered first in all operations, to meet the requirements set by applicable regulations and good corporate governance, to bear the responsibilities of a nuclear licensee, and to oversee shareholders’ and other key stakeholders’ interests.
The management system must comply with all regulatory requirements relevant to the current state of the life cycle and ISO 9001, ISO 14001 and OHSAS 18001 standards.
Economic responsibility means us creating long-term value for the shareholders and having a positive economic impact on Finnish society.
Fennovoima contributes to maximizing the positive impact of the project in many ways and has set the related goal: the Hanhikivi 1 Program will have a significant positive contribution to the site region and the country as a whole.
Nuclear safety is the core of our operations. Prioritizing safety, being mindful of the importance of one's own actions, bearing responsibility, openness, learning from own and others’ experiences, and encouraging partners to act safely are key elements of Fennovoima's way of working.
Shared safety culture principles for the Hanhikivi 1 Program have been agreed upon to ensure a coherent approach to safety, which all parties involved in the project must follow. Continuous observation of these safety principles is a precondition for the safe construction, operation and decommissioning of the nuclear power plant.
Fennovoima has set three specific goals for nuclear safety culture development and nuclear and radiation safety in its Responsibility Program. The goals are strong safety culture, the highest level of nuclear safety and the highest level of occupational radiation safety. Our Safety Culture Program in place to support implementation of the above mentioned principles and to continuously develop the safety culture in the Hanhikivi 1 Program.
Organizational development and employment
Fennovoima ensures that it has the necessary expertise and competence in all phases of the project and pays a lot of attention to the continuous development of its organization.
Resource planning and competence management are critical success factors for Fennovoima. Fennovoima’s corporate culture development is continuous, and wellbeing management and related processes are in place to create a good and equal working environment.
Our responsibility goals for organizational development and employment are the following: all competencies and personnel for ensuring the statutory and legal requirements according to project phase, continuous development of competences and qualifications, effective training, high-quality leadership, a strong corporate culture and highly engaged employees, high personnel wellbeing, and a good and continuously improving employer image.
Supply chain management
High-quality supply chain management requires appropriate contracts, experienced and qualified personnel, a proper description of the management system and the processes, close relationships with the subcontractors, active monitoring and guiding, and immediate corrective action if non-conformances are found.
Our supply chain management assesses prospective supplier companies in a comprehensive manner. Only those suppliers who have the capacity to comply with the requirements and have clear quality management and assurance procedures can participate in deliveries.
Fennovoima has set three goals for the responsible supply chain management and labor practices. These goals are a qualified and well-functioning supply chain, effectively preventing the gray economy, and respecting and supporting human and labor rights and fair labor practices.
Occupational health and safety
Occupational safety and nuclear safety are the top priorities. Fennovoima is establishing and overseeing the project site safety regulations in cooperation with the plant supplier and project supervisors of the construction site. Commitment to the zero-accident principle is required from everyone working in the project.
Related to the zero-accident principle, Fennovoima has set three goals for occupational health and safety management. These goals are: providing a healthy and safe working environment for all, having a strong occupational safety culture, and maintaining an efficient risk management system.
Fennovoima’s occupational health and safety management system has received OHSAS 18001 certification in the beginnig of 2017. Also, the palnt supplier RAOS Project and the main contractor Titan-2 have received OHSAS 18001 certification for their OHS management systems for the Hanhikivi 1 construction site.
Related to the zero-accident principle, Fennovoima has set the following goals for occupational health and safety management: providing a healthy and safe working environment for all, having a strong occupational safety culture, and maintaining an efficient risk management system.
Fennovoima’s objective is to proactively prevent and mitigate any environmental impact from the construction work. We assess environmental risks and monitor the state of the environment. In accordance with our principles, all activities at the construction site must be carried out in a safe manner, and relevant environmental management procedures and instructions must be in place and followed.
Our environmental management system it received environmental ISO 14001:2015 certification at the beginning of 2018. Also, RAOS Project has prepared and implemented its own environmental management system for the construction site activities, and it received ISO 14001:2015 certification in 2017.
Our five main goals for environmental management are: proactively preventing and mitigating the environmental impact of the project, preserving the nature conservation areas and protected species on the Hanhikivi headland and in the Natura 2000 area, ensuring that all operations comply with the water and environmental permits, ensuring efficient construction waste management, and functioning and timely communication with environmental authorities and other external stakeholders.
Fennovoima wants to be a good corporate citizen and cooperates with a large variety of stakeholders at local, national and international levels. In our company strategy, stakeholders are understood as those organizations or entities that influence the project or are influenced by the project.
The most important stakeholders (not in order of importance) include our employees and owners, the Pyhäjoki region, the plant supplier and all our contractors, related authorities and decision-makers, Finnish labor market organizations, educational institutions in the technical field, educational institutions in the technical field, our peer companies and organizations within the industry, the media, the public sphere, and NGOs in the field.
Our Responsibility Program sets the following goals and targets related to stakeholder engagement: transparency and proactive communication, continuous collaboration with the key stakeholders, and strong reputation within the organization and among stakeholders.