Annual Report 2019
Sustainability at Bittium in 2019
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Stakeholder Cooperation

Bittium´s operations affect many different stakeholders. Understanding their views and expectations is important for our operations and success. Open dialogue with our stakeholders helps us to develop our operations, products and solutions as well as the way in which we, as a company, take a goal-driven approach to finding solutions to social challenges.

Bittium works in cooperation with national as well as international stakeholders. Our stakeholders include our employees, customers, different actors and other third parties, partners, the authorities, shareholders and analysts as well as different communities. Our stakeholder-related activities are guided by good management practice as well as our ethical principles and Code of Conduct.

Personnel

We arrange several different personnel events each year where our employees get the opportunity to ask questions and give feedback. We also collect feedback from our personnel annually through anonymous employee survey. Equal treatment and open interaction are important to our employees. They expect us to offer interesting and meaningful work and opportunities for professional growth.

Customers

We get constant feedback from our customers, primarily by continuously staying in touch with them and through various annual surveys. The Scrum and Agile methods we use — along with the real-time systems that support them — enable ongoing monitoring and open dialogue. This enables us to quickly react to potential problems. Our customers value competitive and reliable products and services as well as our sustainable and real-time approach to our operations.

Suppliers and Partners

When it comes to our suppliers and other partners, we have often worked with them in close cooperation for a long time following established rules and ways of working. Constant communication enables open dialogue. Our suppliers and partners expect fair and sustainable operations and long-term cooperation from us. As for us, we expect our suppliers and partners to work in a sustainable way, and we monitor this on a regular basis.

Authorities

Bittium maintains a regular line of communication with the authorities, for example, with regard to export control and information security issues. We regularly monitor our compliance with the laws and regulations. Applying them to our business operations requires open and ongoing interaction with the authorities.

Local Cooperation

As part of our sustainable corporate citizenship, Bittium actively collaborates with different communities. We meet the expectations of different communities in a variety of ways. We regularly support educational institutions and schools to introduce young students to working life – and not forgetting the teachers. Thanks to this collaboration, we are also able to recruit new and enthusiastic graduates. Research and development cooperation with companies and research institutions broadens our expertise and makes it possible to mutually promote development.

Shareholders and Investors

Shareholders, investors and analysts expect Bittium to provide long-term value and act in a sustainable manner. We hold discussions with them at various events and the Annual General Meeting.