Good governance

Responsible conduct

Responsible Conduct guides all our operations in line with legislation and YIT’s shared ethical principles. It is based on clear leadership and shared operating models that help us identify and manage risks and impacts related to our business.

Sustainability is part of everyday decision-making and extends throughout the value chain in cooperation with our partners and stakeholders.

Principles and policies

Our operations are guided by shared YIT policies and principles that define the minimum level of ethical and responsible conduct across the Group and its value chain.

Sustainability management

Sustainability work is organized as part of YIT’s leadership and governance model. YIT’s Board of Directors approves strategic sustainability targets, oversees risk management and decides on sustainability-related remuneration. On the operational level, sustainability is led by the President and CEO, the YIT Leadership Team, business unit leaders and the VP, ESG.

Shared operating practices ensure that sustainability is considered consistently across business operations, projects and supply chains, and in decision-making and everyday work. These practices are supported by ISO‑standard–based management systems, including ISO 9001 for quality, ISO 14001 for environmental management and ISO 45001 for occupational health and safety. In some operations, ISO 50001 energy management systems are also applied.

Materiality assessment

The materiality assessment helps us identify the sustainability themes where our impacts are greatest. The assessment is based on the principle of double materiality: we consider both the impacts of our operations on people and the environment, and sustainability-related risks and opportunities for our business.

The materiality assessment guides our sustainability priorities, target-setting and development actions. The assessment is based on the views of our stakeholders, the specific characteristics of the construction sector and where impacts in our value chain are most significant. Based on this, our sustainability work focuses on life-cycle climate impacts of buildings, material choices and the circular economy, occupational safety and working conditions, supply chain responsibility and ethical business conduct.

Stakeholder engagement

We cooperate with our key stakeholders to develop sustainability work and to identify material themes. Dialogue with customers, employees, partners, authorities and other actors supports decision-making and helps focus on sustainability work where impacts are most significant.

Our memberships include

Due diligence processes and frameworks

YIT’s sustainability work is guided and supported by internationally recognised due diligence processes and frameworks. They help us structure our work, set targets and identify key impacts and risks.

Science-based emission reduction targets (SBTi)

Our climate work is guided by science-based emissions reduction targets, which support the setting of emissions reduction targets in line with climate science through the Science Based Targets initiative (SBTi).

Human Rights Due Diligence (HRDD)

Guides the identification and management of impacts and risks affecting people in our own operations and value chains.

Reporting

We report on sustainability in line with EU sustainability reporting requirements. Sustainability reporting enables monitoring of targets, actions and progress and supports transparency in sustainability work.

Green financing

YIT’s green financing framework supports sustainability work by guiding financing towards projects that meet defined environmental criteria, such as requirements related to energy efficiency and sustainable construction. The framework is based on international principles for green financing and applicable EU Taxonomy criteria.