Etsi
Corporate governance
Corporate Governance of Patria Oyj (a Finnish public limited liability company) is subject to the provisions of the Finnish Limited Liability Companies Act, the Auditing Act, and the Accounting Act and other legislation relevant to its...
Risk management and internal control
Risk management and internal control are an important part of Patria’s management and control systems. Risk management and internal control do regular assessments to ensure appropriate reporting, risk management, integrity, ethical business conduct and compliance with laws and regulations as...
Management, objectives and indicators
Management
Patria has a Corporate Responsibility Team which includes the Chief Communications Officer (leading the Team and responsible for corporate responsibility except for ethics and compliance),the General Counsel & Chief Compliance Officer and the Human Resources Officer....
Co-operation and employee influence
Patria honours the negotiation arrangements in force. All employment matters are primarily dealt with between the employee and the manager. This basic relationship is supported by the shop steward and negotiation systems in accordance with the collective agreement. Local agreements are part of...
Competence development and training
At Patria, the competence development policy is that daily work together is a good teacher. More and more attention is paid to the content of work duties, methodology, work to increase in versatile skills, and internal transfers of expertise.
In addition to internal training programmes,...
Ethical Training
All Patria employees take annually a mandatory online training course on ethical business conduct, which is based on the Patria Ethical Code of Conduct and related guidelines and policies.
The training materials cover and include practical cases on ethical decision making, ethical...
UN Global Compact
Patria has signed United Nations’ Global Compact initiative, in which companies embrace, support and enact, within their sphere of influence, a set of core values in the areas of human rights, labour standards, the environment and anti-corruption. With over 10,000 corporate participants and...
Compensation and remuneration
The compensation of blue-collar and white-collar workers is determined by the pay systems of collective agreements. The compensation of senior salaried employees is agreed individually and job evaluation is performed using the IPE system (International Position Evaluation).
Patria’s...
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