The Finnish resolution asks non-listed state-owned companies and state majority-owned companies to report their sustainability performance in an accurate and comparable manner. The resolution provides information about the main practices of the state as an owner, and the guidelines for ownership within ministries. The underlying objective is to make the Finnish state-ownership policy as open and consistent as possible, and so encourage good business practice for non-state-owned businesses. The resolution’s annex features a reporting model based on GRI’s G3 and G3.1 Guidelines, using a ‘comply or explain’ principle.
Industry sectors covered by the instrument
Organizations covered by the instrument
Non-listed state owned companies
Type of instrument
Mandatory or voluntary
The geographical scope