SRV YHTIOET OYJ.
B7J1.XETRA | Construction of buildings
SRV Yhtiöt Oyj is a Finnish construction company that engages in construction projects, including residential, commercial, industrial, and infrastructure developments. The company operates in Finland and Russia. SRV Yhtiöt provides services throughout the entire life cycle of a project, from plannin...Show More
Better Health for All
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SRV Yhtiöt Oyj's core business includes constructing hospitals and health and wellbeing centers, which account for 31% of its 2024 revenue.
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Additionally, 13% of revenue comes from schools and educational institutions, and 8% from homes, some of which are energy-efficient with designated play and relaxation areas.
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However, 45% of revenue is from business premises and 3% from infrastructure, which are generally health-neutral.
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The company's lost time injury frequency (LTIF) for SRV and subcontractors was 10.97 in 2024, an increase from 10.0 in 2023.
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The company is involved in building affordable rental homes through Y-Säätiö, which focuses on state-subsidized construction.
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Worksite inclusion workshops have been held in the Laakso Joint Hospital project to address multiculturalism and maintain a positive atmosphere.
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The company designs premises with energy-efficiency goals, such as a solar power plant for the Oulu Main Police Station and Prison, and focuses on indoor air purity and moisture management in wellbeing centers.
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The company is building a forensic psychiatry hospital, indicating some focus on mental health infrastructure.
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Fair Money & Economic Opportunity
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SRV Yhtiöt Oyj is a construction company, and the provided articles consistently describe its operations as such.
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The company does not engage in activities related to lending, insuring, moving, or storing money for consumers, which are the core activities assessed under the 'Fair Money & Economic Opportunity' value. While some articles mention general economic value creation or social initiatives (e.g., supporting disadvantaged families through SOS Children's Villages, worksite inclusion), these are not financial services or financial inclusion programs as defined by the rubric's KPIs.
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Therefore, no evidence was found to score any of the KPIs, as they are designed for financial institutions or companies with relevant financial service offerings.
Fair Pay & Worker Respect
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In 2023, 75.4% of employees were covered by collective bargaining agreements.
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The Lost Time Injury Frequency (LTIF) for 2024 was 10.97, an increase from 10.0 in 2023.
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The Employee Net Promoter Score (eNPS) reached 30 in August 2024.
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Voluntary employee turnover was 4.2% in 2024.
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The company reported no regulatory actions, violations, fines, or compliance issues in its 2024 annual report, and no fines or sanctions were reported in 2023.
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Fair Trade & Ethical Sourcing
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SRV Yhtiöt Oyj explicitly states that it currently lacks systematic visibility into the traceability of raw materials
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and does not have enough data available on material traceability and quantities,
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indicating 0% traceability coverage. Regarding ethical clauses, 89% of active suppliers completed a sustainability survey.
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SRV's Supplier Code of Conduct applies to all contractual partners,
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requiring compliance with ethical principles including human rights, non-discrimination, and a ban on child and forced labor.
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The company requires partners to ensure their own subcontractors adhere to these principles
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and has updated its Code of Conduct, providing related training to personnel in 2024.
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SRV also reserves the right to terminate cooperation immediately if a partner acts contrary to its principles or engages in illegal activities.
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Honest & Fair Business
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SRV has an Ethical Channel for whistleblowing, open to everyone, including anonymous reporting, and managed by an external provider.
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Retaliation against whistleblowers is prohibited by law and company policy.
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All employees completed Code of Conduct training by the end of November 2024, and training is mandatory annually.
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Reports received via the Ethics Channel are handled within 7 days.
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The company's Board of Directors has 80% independent members, with one member not independent due to employment and board position at a major shareholder.
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SRV has a zero-tolerance policy for bribery, corruption, money laundering, and terrorist financing, and does not offer or accept gifts intended to influence decisions.
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The company's sustainability statement receives limited assurance from PricewaterhouseCoopers Ltd, and its ESEF financial statements receive reasonable assurance from the same firm.
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SRV also has an ISO14001 certified environmental system, audited by an external body.
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Kind to Animals
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No evidence available to assess SRV YHTIOET OYJ on Kind to Animals.
No War, No Weapons
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No evidence available to assess SRV YHTIOET OYJ on No War, No Weapons.
Planet-Friendly Business
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No evidence available to assess SRV YHTIOET OYJ on Planet-Friendly Business.
Respect for Cultures & Communities
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The provided articles, including SRV's 2023 and 2024 sustainability highlights and annual reports, explicitly state that data for all key performance indicators related to 'Respect for Cultures & Communities' is either not provided or not mentioned.
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This includes metrics such as formal partnerships with community groups, revenue reinvested locally, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, grievance mechanisms, FPIC participation rates, community governance inclusion, cultural preservation investment, local procurement share, indigenous supplier count, cultural site protection, social license to operate, charitable giving to cultural organizations, community fund allocation, language inclusivity, cultural incident response, and cultural sensitivity training completion.
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Therefore, no KPIs can be scored based on the available evidence.
Safe & Smart Tech
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SRV Group Plc and its subsidiaries utilize SSL-encrypted data communications for their Network Register.
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Access to databases is restricted to authorized employees with unique IDs and passwords, and databases are protected by firewalls and other technical means.
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The company's privacy statements indicate that data subjects have rights to access, correct, or erase their data, object to processing, and lodge complaints with data protection authorities in accordance with GDPR.
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For the Network Register, Occupational Safety Act data is retained for 6 years from the end of the work year, and Contractor Obligations Act data for at least 2 years from contract completion.
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For consumer customer and marketing registers, data retention is typically 11 years for apartment buyers, with basic information potentially retained for direct marketing.
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The company states compliance with GDPR, Housing Transactions Act, Consumer Protection Act, Accounting Act, and Act on Prepayment of Tax.
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Zero Waste & Sustainable Products
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No specific, quantitative data points were found in the provided articles regarding waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability scores, waste audit frequency, zero-waste certifications, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education. The articles primarily discuss carbon footprint reduction and energy efficiency for construction projects, which do not directly align with the specific metrics required for the 'Zero Waste & Sustainable Products' value.