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Stakeholder Engagement
Materiality
Stakeholder engagement helps the Sampo Group companies to proactively consider the needs and wishes of their stakeholders. By focusing on stakeholder engagement and dialogue, the Group companies can mitigate potential risks, including uncertainty and dissatisfaction of its key stakeholder groups. Stakeholder engagement can help the Sampo Group companies foster their reputation, trust, and buy-in for the companies’ key initiatives.
In addition, the Group companies consider stakeholder engagement and dialogue as a valuable source of information. The different stakeholders are experts in their own fields and can offer knowledge and expertise for the purposes of the Group. When relevant, the Group companies can also offer their time and expertise to support the stakeholders.
Group-level approach
Sampo Group’s primary stakeholder groups are investors, customers, employees, suppliers and other business partners, and local communities. Each primary stakeholder group has several subcategories.
The Group companies engage with their stakeholders on multiple topics. The intention is to engage in activities and dialogue that are best aligned with the purposes of each individual Group company and its stakeholders.
Group goals and ambitions
The aim of stakeholder engagement is to build trust between the Group companies and their stakeholders and to seek common benefits.
Stakeholder engagement and dialogue, Sampo Group
| Key stakeholder groups | Forum for dialogue | Examples of discussion topics |
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Investors (current and potential shareholders and debt investors) |
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| Customers |
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| Employees |
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Suppliers and other business partners (e.g., analysts, rating agencies) |
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| Local communities (e.g., regulators, supervisors, industry associations, educational institutions, NGOs, general public, and the media) |
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