Sustainability

Sustainability is at the core of Auroora’s business and strategy and a prerequisite for long-term value creation.

Through our business, we actively promote the green transition and electrification, ensure access to clean water, and prevent the pollution of water bodies. We help industries to operate more sustainably and encourage the adoption of innovations that enhance energy and resource efficiency.

Auroora’s sustainability priorities

The most significant impact of Auroora’s operations is generated through the products, services, and employment opportunities provided by our subsidiaries. Through their businesses, our companies support sustainable energy production, access to clean water, and help our customers operate in a more responsible and sustainable manner.

The key sustainability themes of Auroora’s own operations relate to mitigating climate impacts, creating safe workplaces, and maintaining high standards of ethical business conduct. Our sustainability work is based on the principles of the United Nations Global Compact, the International Labour Organization’s (ILO) Fundamental Principles and Rights at Work, and the United Nations’ Sustainable Development Goals (SDGs).

We have defined a sustainability roadmap that outlines the key sustainability priorities of the Auroora Group for the coming years. In line with our strategy, we will focus on developing business segments that support sustainable development and on creating continuous impact. We work systematically to reduce our climate impacts and to improve occupational health, safety, and employee well-being. In addition, we aim to identify and address other sustainability aspects that are material to our business and stakeholders.

Business impact

Auroora’s business segments promote sustainable development and responsible business practices. Our objective is to generate positive impact in everything we do, and we have assessed our business operations against the United Nations Sustainable Development Goals.

Supporting affordable and clean energy add

We electrify and automate processes in energy plants as well as mobile machinery and equipment, and support our customers in transitioning away from fossil fuels. We are also actively involved in renewable energy projects, including wind power, solar power, and hydrogen.
Our aim is to improve access to energy — particularly electricity — in a cost-effective manner. Going forward, we will increasingly focus on projects related to renewable energy and battery energy storage systems (BESS).
We support the efficient and low-emission operation of energy plants by assisting our customers with the installation of new machinery and equipment and by ensuring the continuity of existing processes.
We improve power quality, which reduces disturbances in the electricity grid and helps prevent equipment failures caused by such disruptions. This extends the service life of equipment and enables higher transmission efficiency. The importance of power quality improvement through technological solutions is emphasized as electricity generated from renewable sources is inherently variable.

Ensuring access to clean water and sanitation add

Our company focuses on the collection and treatment of wastewater through a lifecycle-based service model. This model covers the design of water treatment processes, the operational phase of treatment plants, and the utilization of side streams in wastewater treatment. We aim to reduce our environmental footprint and improve the quality of water returned to the natural environment.
Through export projects, entire cities or districts can be connected to sanitation infrastructure, including sewer networks and wastewater treatment plants.
We develop and manufacture wastewater systems that ensure access to clean and affordable drinking water and help reduce the number of people affected by water scarcity. In addition, our operations contribute to the protection and restoration of aquatic ecosystems.
We implement structural improvements, such as separate and combined sewer systems, which enhance resource efficiency and ensure effective wastewater treatment outcomes. These improvements also help prevent untreated wastewater and stormwater from being discharged into the environment during flood events, thereby reducing groundwater contamination risks and the need for subsequent remediation.

Promoting sustainable industry, innovation, and infrastructure add

We help our customers operate more responsibly by automating and electrifying industrial processes and equipment. Digitalization and automation improve operational efficiency and optimize resource use. Electrification helps customers in moving away from fossil fuels and thereby reducing emissions.
We focus on innovations that automate operations and enhance resource efficiency. For example, on-site automated vending and inventory management solutions with real-time monitoring enable both service providers and end customers to reduce waste, minimize unnecessary transportation, and use time more efficiently.
We are actively involved in modernizing energy production infrastructure in alignment with sustainable development objectives.
We improve resource efficiency and increase the use of environmentally friendly technologies and production processes, particularly in water treatment solutions.

Reducing climate and environmental impacts as our key sustainability theme

Reducing climate and environmental impacts has been identified as one of Auroora’s key sustainability themes. We actively work to reduce the environmental burden of our operations and services. Our goal is to minimize our negative environmental footprint while increasing our positive environmental handprint.

In 2023, Auroora initiated an assessment of its climate impacts by mapping emissions from its own operations and purchased energy (Scope 1 and Scope 2 greenhouse gas emissions). Based on this assessment, Auroora will be able to set science-based and measurable emission reduction targets for its operations.

Code of Conduct

The Code of Conduct applies to all employees, regardless of position or type of employment. We emphasize the importance of complying with applicable laws and regulations and require our subsidiaries and affiliated companies to adhere to the same principles. These principles are also applied to our business partners, and we expect third parties to comply with them, as applicable, when acting with or on behalf of our company.

Whistleblowing

We require our entire organization and all employees to comply with the principles of the Code of Conduct and with applicable legislation in their daily work. Everyone is also expected to actively prevent misconduct and to report any suspected violations or irregularities. Observations should primarily be reported to the employee’s immediate supervisor or to the supervisor’s manager.

We also provide a confidential whistleblowing channel through which our employees and external stakeholders can report suspected misconduct.

Auroora Yhtiöt Oyj is a Finnish compounder that creates shareholder value by investing the cash flow generated by its subsidiaries in new, good cash flow-generating SMEs in selected segments.

Auroora

Contacts

Auroora Yhtiöt Oyj
Keskustori 7 A 3
33100 Tampere
Y-tunnus 0588514-3
info@auroora.com

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