Sustainability

Sustainable Investments

We incorporate environmental, social and governance (ESG) policies throughout our investment process and asset management. We engage positively with relevant stakeholders. 

Our investments support climate change mitigation, the promotion of circular economy, and the replacement of fossil and virgin raw materials. In addition, our investments employ locals and promote the manufacturing industry's sustainability transition.

EU Sustainable Finance Disclosure Regulation

Taaleri Private Equity Funds Management is covered by the EU Sustainable Finance Disclosure Regulation. This regulation introduces greater transparency and access to information on sustainability for investors.

The funds contribute to the attainment of sustainability objectives through investing in activities that, e.g. replace the use of fossil and virgin raw materials or use less of harmful or polluting chemicals. Thus the investments support climate change mitigation, pollution prevention and control, and circular economy.

Please refer to our Sustainability Principles for further information on our internal processes and fund specific websites for sustainability disclosures.

Good Governance

Taaleri Bioteollisuus follows good governance practices and complies with
all applicable national, local, and EU-level laws and regulations, and adheres to Taaleri Plc’s Code of Conduct, Sustainability Risk Policy, and Sustainability Policy. We also follow Taaleri Private Equity Funds Management policies and our own Sustainability Principles and Code of Conduct.

Taaleri Bioindustry strives, whenever possible, to ensure that our business partners follow principles that are consistent with our policies, principles, and our Code of Conduct. Business partners are carefully selected, and we do not operate or enter into business relationships with parties that violate laws or good business practices.  

Our investees are required to commit to reporting financial and other information and to develop and put in place appropriate processes for managing and documenting sustainability-, minimum social safeguards-, and good governance practices. 

Reports

Taaleri Bioindustry has published its first report on climate- and nature-related financial risks and opportunities in accordance with the Task Force on Climate-related Financial Disclosures (TCFD) and Task Force on Nature-related Financial Disclosures (TNFD). The report covers identified risks and opportunities covering four thematic areas recommended in the above frameworks: governance, strategy, risk management and used metrics and targets. The report is available here (pdf).

The sustainability program of our Joensuu Biocoal project has been published and can be found here. The sustainability program describes the sustainability principles and approach applied in raw material procurement and production. The program clarifies governance and compliance principles applied and describes the anticipated sustainability impacts of the project, as well as the goals and metrics guiding the project’s sustainability work.

Memberships & Commitments

Taaleri Group is a signatory of the UN Principles for Responsible Investment (PRI) and the Net Zero Asset Managers initiative. As part of Taaleri Group, Taaleri Bioindustry is committed to the initiative and setting Paris-aligned net zero emissions targets. Taaleri Bioindustry is now also an adopter of the TNFD (Taskforce on Nature-related Financial Disclosures) Recommendations. 

Taaleri Group is a member of the Finnish Sustainable Investment Forum (FINSIF) and FIBS - Finnish Business & Society, the largest corporate responsibility network in the Nordic countries that strives to accelerate responsible business and related expertise.