Responsible investment
Responsible investing in Alma Media means supporting sustainable growth and creating long-term value. We are committed to responsibility and sustainable development, making Alma Media an attractive choice for ESG-focused investors. We believe that responsible business is not only an ethical decision but also a necessary foundation for building lasting shareholder value.
Alma Media has set ambitious climate targets. Our goal is to achieve carbon-neutral operations by 2030 and reduce emissions across the entire value chain. Only four percent of our greenhouse gas emissions originate from our own operations, while 96 percent come from our supply chain. Already, more than 85 percent of our revenue is generated from digital services, significantly reducing our carbon footprint compared to traditional media operations. Our targets are aligned with the Science Based Targets initiative, which aims to limit global warming to a maximum of 1.5 degrees Celsius.
We are committed to reducing absolute Scope 1 and 2 greenhouse gas emissions by 52 percent by 2030 compared to 2019 levels. Key actions include reducing emissions from company cars, electricity, and district heating and cooling in our premises. We also aim to cut Scope 3 emissions from our supply chain by 14 percent, focusing on areas such as newspaper printing and logistics procurement.
Our journalism strengthens democracy and provides reliable information that helps individuals and communities make better decisions. At the same time, our digital marketplaces enable responsible choices in housing, mobility, and recruitment. This reflects our broader social responsibility and commitment to promoting sustainable lifestyles. Our business is guided by strict ethical principles: we do not tolerate corruption, discrimination, or human rights violations.
For investors, Alma Media offers long-term value through responsible growth and transparent reporting. We publish an annual sustainability report in accordance with CSRD standards, ensuring clarity and accountability in our progress. Alma Media is included in the Nasdaq OMX GES Sustainability Finland Index and has received a CDP Leadership-level rating, reinforcing our credibility and commitment to international sustainability standards.
Our ESG approach covers environmental responsibility, social impact, and strong governance. We actively reduce emissions, promote diversity and equality, and adhere to strict ethical and anti-corruption practices. These principles guide our strategy and create a foundation for sustainable returns, making Alma Media a trusted partner for investors seeking both financial performance and positive impact.
For decades, Alma Media has explored best practices in sustainability and developed its own operating models. In December 2015, we committed to the Paris Declaration to support COP21 goals, and in 2016 we became the third media company in the world to set science-based climate targets. Alma Media is a founding member of the international Media Responsible Forum and was among the first Nordic media companies to adopt integrated corporate responsibility reporting in line with GRI standards.
Sustainable development indices and surveys
- Alma Media is included in the Nasdaq OMX GES SUSTAINABILITY FINLAND index.
- CDP gave Alma Media a Leadership-level rating of A- in its Climate Change Disclosure 2022 and 2019 reports. In 2021 and 2020, Alma Media received a third best rating of B. CDP collects data from companies with regard to the risks posed by climate change and the opportunities presented by low-emission approaches.
- ISS ESG Corporate Rating gave Alma Media a Prime rating of C+ in 2019. Prime ratings are awarded to companies that meet certain minimum requirements in assessments and are among the leaders in their respective fields in ESG scoring.
- Alma Media is also a signatory to the UN Global Compact declaration and a member of the Finnish FIBS corporate responsibility and diversity network and the City of Helsinki Climate Partnership Network.

The principles applied in the management of corporate responsibility
Alma Media develops its responsibility in compliance with the legislation governing business activities and the media industry. The development of corporate responsibility at Alma Media is also guided by the company’s policies, guidelines and commitments as well as guidelines defined by external parties that are significant to the company’s operations. The company’s internal control, risk management and governance are described in more detail in the Corporate Governance Statement and the Report by the Board of Directors.
The internal policies, guidelines and commitments that guide Alma Media’s responsibility:
- Code of Conduct
- The corporate responsibility programme and its targets
- Disclosure policy
- Information security policy
- Tax policy
- Investment and financing policy
- Procurement policy
- Equality and non-discrimination principles and equality and diversity plans
- Career development principles
- Remuneration principles and remuneration policy
- Contractual terms and terms of sale concerning the advertising customers of Alma Media’s media sales
- The Board of Directors’ diversity policy
- The company’s climate targets approved by the Science Based Targets initiative
External parties guidelines:
- The Council for Mass Media Guidelines for Journalists and basic agreement
- The marketing rules of the International Chamber of Commerce
- Principles concerning good marketing practices
- Europe-wide self-regulation of targeted online advertising (OBA self-regulation)
- Guidelines by the IAB digital marketing network
- The UN Global Compact initiative and the UN Sustainable Development Goals
Sustainability-Linked Finance Framework
Alma Media has published a sustainability-linked financing framework that aligns the company’s long-term financing strategy with its sustainability plan. The financial terms of the framework are tied to achieving two key goals: reducing greenhouse gas emissions from Alma Media’s own operations (Scope 1 and 2) and from its supply chain (Scope 3). The framework was developed with the support of OP Corporate Bank, and ISS Corporate Solutions has confirmed its compliance with ICMA and LMA principles. ISS assessed the targets as highly ambitious and the related KPIs as representing market best practices. Under this framework, Alma Media may issue various financing instruments, including sustainability-linked bonds, loans, and Schuldschein agreements. The full report can be found here: Sustainability-Linked Finance Framework. A second-party opinion on the Sustainability Framework can be found here: Second Party Opinion.
Alma Media’s responses to the CDP Climate Change Disclosure 2023, which collects information on the company’s climate change risks and low-emission opportunities can be found here.
Looking for sustainable returns? Explore Alma Media’s ESG investment opportunities and join us in building a responsible future. Learn more from our sustainability endeavors.