initiatives and commitments

Aspo Group committed to the Science Based Targets initiative (SBTi) in 2024 and aims to set a short-term science-based climate target. Additionally, Aspo aims to prepare a transition plan in 2025 to reduce the Group’s emissions in line with the Paris Agreement to limit global warming to 1.5 °C.

Since 2018, Aspo has been a member of the UN’s Global Compact initiative, and the Group’s operations are steered by the ten Global Compact principles related to human rights, working life principles, the environment, and the prevention of corruption. 

Aspo's Code of Conduct establishes common guidelines for responsible business practices across all of the group's operations. The business units are committed to key agreements and regulations within their respective industries. For example, Telko adheres to the EU's REACH regulations, which maximize chemical safety, and follows the ethical and business conduct principles of the FECC, the European Association of Chemical Distributors. 

In 2019, Aspo became a member of the corporate responsibility network FIBS. FIBS is the largest corporate responsibility network in the Nordic countries, a leading accelerator of sustainable business, and a developer of companies' expertise. FIBS has increased companies' understanding of the opportunities in sustainable and responsible business and brought many new responsibility themes to their agendas, from diversity management to natural capital, and from human rights to the SDG goals. FIBS actively collaborates with CSR Europe, WBCSD, and other international organizations in the field, providing its members with the latest tools for corporate responsibility management.