Ensto has made life better with electricity through times and generations. This year (2018) Ensto is celebrating its 60th anniversary. Many great things have happened during these years but we want to focus on the future.
In order to stay in the business also in the coming decades we need constantly and closely observe the megatrends that guide our business environment, and act accordingly. For active players, as I see Ensto, megatrends are an opportunity not a threat.
Sustainability as such is one of the megatrends but also a combining factor of other megatrends. Sustainability is a key part of our operation as we aim to design and manufacture smart and ecological products. Besides sustainable products, human perspective is also very important for us. We truly care in what kind of conditions employees are working, and we want our employees to enjoy working at Ensto. Furthermore, we expect our suppliers to operate according to our ethical principles and values.
In 2017 one of our biggest projects concerning development of our employees has been building up Ensto Academy, which is Ensto's Learning Management System. It enables versatile personnel and customer trainings online. I believe that employees are more pleased with their work when they have enough knowledge to succeed in their daily duties and therefore this project has been important for us.
Teamwork between Ensto and our suppliers has a key importance, as it is the basis of a successful business. In 2017, we organized our first Supplier Days where we had the possibility to an open dialogue with our suppliers. The transparency of the supply chain and expectations for suppliers were presented for both parties. I am pleased that as a result of the workshops it was evident that suppliers are interested in taking part of our product developments and that they wish to be involved already at earlier stages.
At Ensto we are celebrating our 60th anniversary with 60 acts for better life and better future, together with our customers and other stakeholders. Our own personnel have been invited to share their ideas of the anniversary acts and the best ideas will be realized. I am very excited to find out what kind of thoughts there will be and which ideas will be put into practice.
Like last year, I am pleased to confirm that Ensto reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labor, Environment and Anti-Corruption. This year we have combined our sustainability report, which follows GRI standards, and UN Global Compact report. In the combined report, we describe our actions to continually improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations.