The State Treasury’s latest sustainability report, which details the sustainable development work conducted in 2023, was published on 15 May 2024. The sustainability report is based on the UN’s Sustainable Development Goals and the central government’s common guidelines on sustainability reporting. This year, our report focused on issues such as ASP interest subsidies, improving the transparency of the central government’s derivatives operations, and the role that inheritances received by the central government play in promoting nature conservation.
The sustainability report details how the State Treasury used its activities to promote the UN’s Sustainable Development Goals. The reporting priorities and reported actions of each report are selected on a yearly basis. For 2023, we decided to highlight the following seven areas that implemented our sustainable development handprint:
- Supporting society as interest rates rise
- Increasing transparency in administration
- Boosting efficiency through online services
- Using state-received inheritances for conservation areas
- Providing legal protection through compensation for criminal damage
- Supporting conscripts with Time Out! activities
- Supporting occupational safety and health through networked cooperation
These and numerous other actions allowed us to promote the following UN Sustainable Development Goals: Goal 8, Decent Work and Economic Growth; Goal 9, Industry, Innovation and Infrastructure; Goal 11, Sustainable Cities and Communities; Goal 15, Life on Land; Goal 16, Peace, Justice and Strong Institutions; and Goal 17, Partnerships for the Goals.
In addition to our handprint, the sustainability report also describes the State Treasury’s environmental footprint and the measures we have taken to reduce it. The report also describes the State Treasury’s social responsibility towards its clients and personnel. For the first time, the report also includes a chapter on how the State Treasury ensures the responsibility of its financial management.
We carry our responsibility and push for sustainability in all our activities
The State Treasury is a responsible organisation and work community. We strive to act ethically, acknowledge our environmental and societal impacts, and respect our stakeholders, clients, employees, and the environment in all our activities. We take responsibility for our decisions and strive for long-term sustainability and a positive impact on society. The report was produced collaboratively by all sectors comprising the State Treasury.
“By reporting on our sustainability and responsibility, we can increase the transparency of our activities, demonstrate our commitment to responsible action and assuming responsibility, meet our stakeholders’ expectations, and identify and manage risks. This process also creates opportunities for innovation and improving our efficiency and general impact. My hope is that our sustainability reporting will inspire others who value sustainability and responsibility to act in similar ways,” says Director General Liisa Räsänen.
This year, in addition to a traditional PDF publication, the report is available online in a more content-filled and visually-rich form than in previous years.
See the State Treasury’s sustainability report for 2023 (in Finnish) >