Good corporate governance and finance
Responsible business and good corporate governance are crucial for achieving good and sustainable financial results.
Topic |
Objective |
Progress in 2018 |
Plan for 2019 |
Return on capital |
Kesko's objective is to achieve a 14% comparable return on capital employed and a 12% comparable return on equity. | We were able to meet the 14.0% target level for comparable return on capital employed set in 2015. Our comparable return on equity was 11.7%. | |
K Code of Conduct |
All of our personnel act in compliance with the K Code of Conduct. | The entire personnel is obligated to annually commit to compliance with the K Code of Conduct. In 2018, 79% of personnel signed the annual confirmation. | We will continue to make the annual confirmation process more systematic and promote commitment to the K Code of Conduct through managerial work, training and continuous visibility. |
| In 2018, we arranged K Code of Conduct sessions in subsidiaries in Estonia, Latvia and Lithuania, focusing especially on corruption and fraud-related issues. The K Code of Conduct eLearning programme has been completed by 7,800 people (10/2016-12/2018). | The K Code of Conduct eLearning will be updated in autumn 2019. |