Governance

Lecta Governance

Business Ethics

Lecta's ambition is to act responsibly in all parts of the value chain and conduct our business according to sound business principles and in accordance with appropriate laws, regulations and international standards.

Full details in our 2022 Sustainability Report

Business Ethics

Business Ethics

Lecta's Code of Ethics serves as the foundation for our activities, and it contains the ethical principles and core values for the entire Group's operations. Within the framework of the Ten Principles of the United Nations Global Compact, of which Lecta has been a participant since 2011, in its Group Code of Ethics, Lecta has adopted the main rinciples, values and pillars that govern the Group's activity regarding human rights, labor conditions and relations, protection of the environment and the fight against corruption.

Based on the Code of Ethics, a regulatory body consisting of policies, regulations, rules and procedures, which apply to Lecta's various internal activities, is developed. The regulatory body includes the preventive measures and controls that must necessarily be applied to Lecta's daily activity.

Find out more about Business Ethics: 2022 Sustainability Report

Targets2030

    Business Ethics

Baseline 2021

  • Target population sign off (Code of Ethics, Anti-corruption-Bribary Policy, Competition Policy)

>100% for each Policy strating in 2023

SDGs
DECENT WORK AND
ECONOMIC GROWTH
Decent work and economic growth
RESPONSIBLE
CONSUMPTION
AND PRODUCTION
Responsible consumption and production
PARTNERSHIPS
FOR THE GOALS
Partnership for the goals
Note:
  1. Code of Ethics: 100% employees.
  2. Anti-corruption and Bribery Policy and Competition Policy: 100% employees involved in customers and suppliers relationship.

Responsible Sourcing

Responsible Sourcing

Lecta requires that all agents, advisers and third parties representing the company act in compliance with the laws and ethical standards set out in this Code of Ethics.

All our wood, pulp and recovered paper suppliers are continuously evaluated for their performance in environmental issues, human rights and local community involvement. Wood used in our products comes from sustainably managed forests and from legal sources and is either FSC® C011032 or PEFC certified or complies with the due diligence requirements of these international standards.

Find out more about Responsible Sourcing: 2022 Sustainability Report

Targets2030

    Supplier Certification

Baseline 2022

  • Certified Suppliers

>90%

(Digital process)

  • EcoVadis Rated Suppliers

>90%

2021
2022
Certified Suppliers
90%
90%
EcoVadis Rated Suppliers
New KPI
New KPI
SDGs
DECENT WORK AND
ECONOMIC GROWTH
Decent work and economic growth
RESPONSIBLE
CONSUMPTION
AND PRODUCTION
Responsible consumption and production
PARTNERSHIPS
FOR THE GOALS
Partnership for the goals

ESG Governance Structure

ESG Governance structure

Responsible business is crucial to Lecta's success. In 2022 Lecta initiated its ESG journey under the Transformation Office lead. Ambitious targets for 2030 were set up during 2022, in alignment with EU Green Deal and other international frameworks. Materiality has been established considering the main risk factors which have been addressed for many years, steered mostly by the certification requirements.

Lecta Limited's Board of Directors

  • Lecta Group ESG Strategy approval.

Lecta Limited's Board - ESG Committee

  • 4 Board Members including Chairman and CEO, and attended by Chief Transformation & Sustainability Officer.
  • Review and Challenge ESG Strategy; Prepare approval of strategy presented to the full Board for approval.

CEO, supported by Executive Committee

  • Ensure ESG Strategy is aligned and coherent with Business Strategy and properly executed.

Chief Transformation & Sustainability Officer

  • Reporting to the CEO and member of the Executive Committee.
  • Responsible for Lecta Group ESG Strategy - preparation and implementation.

Group Sustainability Manager

  • Reporting to the Chief Transformation & Sustainability Officer.
  • Elaboration and Tracking of ESG projects implementation together with stakeholders.
  • Tracking ESG KPIs.

ESG Expert Committee

  • Its members are experts in several business areas.
  • Steering projects contributing to the ESG targets related to their area of expertise.

Environmental Managers in each mill

  • Leading environmental actions in the mills.

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More information that could interest you

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2022 Sustainability Report

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Integrated Management Policy

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