Sustainability, ethics,

    Alma Media > Sustainable Alma > Responsible partner > A responsible taxpayer

Responsible partner

At Alma Media, our goal is to conduct our business transparently and in an environmentally,
socially and economically sustainable manner.

We adhere to our Code of Conduct (PDF) in our operations. We have zero tolerance for corruption and
bribery and we openly report our tax footprint.

To reduce the environmental impacts of our operations, we have set ourselves long-term emission targets that are
aligned with global goals. Our climate actions also extend to our major subcontractors whom we encourage
to consider their own carbon footprint.

Responsible partner

A responsible taxpayer

In order to further increase the transparency of its business, Alma Media began to systematically develop its tax footprint reporting in 2017.

The principle underpinning Alma Media’s tax policy is that the Group operates openly and transparently with respect to taxation and pays taxes in the country where the result is generated. In its operations, Alma Media complies with the valid legislation, regulations and international transfer pricing guidelines. 

“If necessary, we seek clarification from the tax authorities or tax experts to ensure that we are ethical and transparent when it comes to taxation,” says Alma Media CFO Juha Nuutinen

The corporate income tax rates in Alma Media’s operating countries vary from 15 per cent in Latvia and Lithuania to 22 per cent in Sweden.

Green decisions

Our goal is to reduce the CO2 emissions generated by the energy consumption of our real estate and our company cars by 21%
by the mid-2020s, and to reduce indirect CO2 emissions (such as those caused by printing subcontracting)
by 10% by 2023. (Comparison year: 2016).

In Finland, we intend to improve the energy efficiency of our real estate by 5% by 2020, discontinue the use of electric
power that generates CO2 emissions and reduce the material loss generated during magazine and newspaper printing
annually by 2% until 2025.



Sustainability became the core of business 

Forerunner businesses in many sectors have understood that developing sustainability persistently strengthens their market position. More and more investors, consumers and partners are evaluating businesses based on their sustainability.