Sustainability as part of YIT's strategy
Our new strategy for 2022–2025 will be executed through three strategic priority areas: Focus, Productivity, and ESG (Environmental, Social, Governance).
Our updated ESG strategy will set new standards for the industry. YIT is the first Finnish construction company to commit to reducing emissions from both its own operations and its value chain in accordance with the Science Based Targets Initiative. With this commitment, we strengthen our previous climate work and update our current climate targets to be more comprehensive, which will also reduce our customers' emissions.
- On the Environmental criteria, we commit to the Science Based Targets initiative (SBTi) to limit global warming to 1.5 degrees in line with the Paris Climate Agreement.
- On the Social criteria, we continue to develop and build better living environments for the society. Furthermore, our ultimate goal is a zero-harm work community. We develop proactive measures for improving occupational safety with a target of continuously decreasing accident frequency.
- On the Governance criteria, we will continue its strict approach on gray economy. Furthermore, we have zero tolerance in corruption, as well as in labor exploitation and discrimination.
YIT has also established a Green Finance Framework to support investments promoting the transition towards a low-carbon circular economy. The Green Finance Framework will enable YIT to issue green bonds and other green financial instruments to finance projects with environmental benefits. The Framework will be one of the tools to support YIT to reach its climate and sustainability targets.
Our sustainability practices
We guide our sustainability in many ways. You can explore the most important topics below.