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.

Responsible business is crucial to Lecta's success. Our group-wide framework for governing documents describes the hierarchy of our governing documents, decision mandates and mechanisms for identifying and managing risks and deficiencies.

Full details in our 2023 Sustainability Report

Business Ethics

Business Ethics

Responsible Sourcing

Responsible Sourcing

Purchasing is identified as a key function within the company due to its significant economic, environmental, and social impact. Fundamental rules of action are established by Lecta to ensure that the professional purchasing activity is conducted correctly, in alignment with the criteria and objectives of corporate interests, the Code of Ethics, and the Integrated Management System Policy. It is required that all third parties representing the company act in accordance with the laws and ethical standards set out in the Code of Ethics.

We have also identified the value of engaging with EcoVadis, the most trusted supplier of sustainability ratings globally, to better integrate sustainability aspects into our purchasing strategy.

Find out more about Responsible Sourcing: 2023 Sustainability Report

Targets 2030

Supplier Certification Baseline 2022
Certified
Suppliers
  >90%

(Digital process)

EcoVadis
Rated
Suppliers >90%
2022
(Baseline)
2023
Certified Suppliers
90%
Paper based
87%
Digital based
EcoVadis Rated Suppliers
0
New KPI
In process
14%
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 in alignment with EU Green Deal and other international frameworks.

Strict compliance with international standards of quality, energy, the environment and occupational health and safety and compliance with the certificates integrated into the LIMS management system and its procedures form an essential part of Lecta's commitment.

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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2023 Sustainability Report

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Integrated Management Policy

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