Responsible operations as part of society
Stockmann is a major employer, a significant purchaser of products and services, an investor, a partner and a taxpayer. The company’s strategy aims at improving competitiveness and profitability which enable the company to better respond to the stakeholder expectations and enhance the wellbeing of the society as a whole. Socially responsible operations, in turn, create a solid foundation for efficient operations and the company’s financial growth.
The Stockmann Group's operations bring added value to our stakeholders in all operating countries. The majority of the economic added value goes into personnel salaries and other remuneration, as well as to goods and materials suppliers and service providers.
Additional information on the distribution of economic added value to different stakeholders can be retrieved from Stockmann’s ‘CSR 2018’ Review, page 43.