Balanced finances and good governance
Balanced finances and good governance
Financial responsibility and good corporate governance mean the balanced and sustainable development of Ponsse’s finances, while addressing ethical business, stakeholders and the environment.
Ponsse has always been a family-owned company, and its management has emphasised values and long-term business. It is important for us to maintain a good balance between the company’s growth, profitability, and cash flow from business operations. This brings stability and continuity to local communities across our global field of operations.
We wish to grow responsibly, and hence our decision-making emphasises long-term operational development and building a strong financial foundation for future security. We are continuously investing in research and development, the supply chain, and aftersales service network in Finland and in our subsidiaries’ operating countries. We wish to further transparent tax policy and always report our tax information according to statutory requirements and our transparency objectives.
Good governance promotes transparency
The purpose of Ponsse’s corporate governance principles is to ensure ethical business, transparency, and a high level of professionalism. Ponsse complies with good corporate governance in accordance with legislation applicable to listed Finnish companies, Ponsse’s Articles of Association and the Corporate Governance Code 2020 for listed companies, while promoting openness and transparency.
Our management systems steer the implementation of Ponsse’s sustainable development principles and responsible leadership. Alongside the management systems, the company’s mission, vision and values strongly guide the company’s operations, in which responsibility has been given a strategically important position.
In addition to management systems, the company’s mission, vision, and values steer our implementation of sustainable development principles and responsible management. Our operations are ISO 9001 (quality management), ISO 14001 (environmental management), and ISO 45001 (occupational health and safety management) compliant.
Ponsse’s technology company Epec Oy is ISO 27001 (information security management), ISO 9001, ISO 14001, and ISO 45001 certified. Epec factory is certified by TÜV SÜD according to functional safety certificates EN ISO 13849, IEC 61508 and EN IEC 62061. Safety components certified according to functional safety can be used to manufacture safety functions to meet the requirements of the standards for safety products designed and manufactured by Epec.
Ponsse Uruguay S.A., part of Ponsse Group, is ISO 9001 and ISO 45001 certified. Ponsse Latin America Ltda, our Brazilian subsidiary, is ISO 9001 certified.
Key policies and guidelines
All key policies and guidelines governing Ponsse’s operations are processed by the Group’s Management Team and approved by the Board of Directors. Every employee is responsible for their part for observing the guidelines and reporting any defects.