Sustainable Development

Sustainability and continuous development are the starting point for all Terrafame's activities. We have set ourselves ambitious and concrete objectives for sustainability and the progress is be monitored as part of the Sustainability Programme. Sustainability at Terrafame broadly covers the areas of environment, social responsibility and good governance. We are also committed to a number of global accountability initiatives and commitments.

UN Sustainable Development Goals

The themes of our Sustainability Programme 2020-2024 are linked to the UN Sustainable Development Goals as far as applicable. You can read more about the sustainability programme in our annual Sustainability Review.

UN Sustainable development goals

Global Compact iniative

In addition to the UN Sustainable Development Goals, the themes of our Sustainability Programme are linked to the UN Global Compact, which we joined in October 2020. This commitment guides us to even more holistic accountability development and provides practical tools and good practices to use in this work.

Other international commitments

The following represent the key international initiatives and principles that guide our operations:

  • UN Guiding Principles on Business and Human Rights
  • ILO Declaration on Fundamental Principles and Rights at Work
  • OECD Guidelines for Multinational Enterprises
  • OECD Due Diligence Guidance for Responsible Business Conduct
  • UN Global Compact initiative
  • UN Sustainable Development Goals


Terrafame is also committed to complying with the Securities Market Association's current Corporate Governance Code, which consists of additional regulatory recommendations on governance and reporting to listed companies.