A word from the CEO

Responsibility and sustainable development are the cornerstones of Incap’s operations. In recent years, we have faced increasingly large and complex challenges such as climate change, loss of biodiversity, pandemic and most recently the war in Ukraine. To overcome these challenges, close cooperation and responsible action are needed to change the course towards more sustainable development. This is the work that Incap is enthusiastically engaged in every day.  ​

The past year was an excellent one for Incap’s business, and we achieved our highest ever revenue and profitability. Our revenue increased by 55.3 % to 268.3 million euros and our profitability remained at a good level. The full year operating profit was 38.9 million euros, or 14.8% of revenue. This growth also sends a signal of our customers’ confidence in our operations. The level of demands our customers place on us is constantly increasing, so our performance and quality must remain high. While we are actively developing our own environmental activities, we are pleased to see that we are also increasingly supplying our customers with electronics for green energy and mobility solutions. In this way, our activities support the green transition, which seems to have gained momentum over the past year.​

We have continued to develop our own practices in line with our sustainability programme. How companies operate has become increasingly important, and we would like to see more and more companies aiming at sustainable operations. We see the increasing ESG reporting as positive developments on our part.

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Otto Pukk,
President and CEO of Incap  Corporation

Otto Pukk Incap
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Our approach to responsibility

As a globally operating electronics manufacturing services company and a growing organisation, sustainable operations are a must in achieving our goals. Acting in a responsible and trustful way is an integral part of our mission, strategy and operations. We are committed to corporate responsibility in order to ensure we will continue to be the trusted partner in our industry and to meet the increasing expectations of all our stakeholders also in the future.

OUR CORPORATE RESPONSIBILITY FOCUS

We support sustainable development and strive to increase the positive impact of our operations – our handprint – and reduce our negative footprint through systematic development work focused on the most relevant themes. Those economic, social and environmental themes are defined through a materiality analysis involving key stakeholders – employees, customers, suppliers, investors and local communities. Based on the selected themes we have defined sustainability targets and indicators for monitoring them. The development of sustainability will be promoted according to the Sustainability Programme.
Incap’s Corporate Responsibility program
SOCIAL
KEY THEMES

→ Ethical practices, fair treatment and equal opportunities

→ Health, safety and well-being of employees

→ Training and development opportunities and family friendliness

→ Supporting local societies

GRI TOPICS

→ GRI 401: Employment
→ GRI 403: Occupational Health and Safety
→ GRI 405: Diversity and Equal Opportunity
→ GRI 406: Non-discrimination

KPIs

→ Workers covered by certified OHS management system
→ Number of work-related injuries
→ New employees hires, employee turnover
→ Ratio of salary of women to men
→ Training days per employee

TARGETS

→ Zero injuries

ENVIRONMENTAL
KEY THEMES

→ Waste and hazardous material management
→ Energy efficiency and CO2 emissions

GRI TOPICS

→ GRI 302 : Energy
→ GRI 306 : Waste
→ GRI 307: Environmental compliance

KPIs

→ Amount of waste
→ 回收率
→ Number of environmental non-compliance cases
→ Energy consumption
→ Energy intensity

TARGETS

ECONOMIC
KEY THEMES

→ A growing business partner
→ Anti-competitive behaviour and anti-corruption

GRI TOPICS

→ GRI 201: Economic performance
→ GRI 205: Anti-corruption
→ GRI 206: Anti-competitive behaviour

KPIs

→ Revenue growth, profitability, earnings per share
→ Operating costs, employee costs, taxes
→ Number of incidents of corruption or anti-competitive behaviour

TARGETS

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OUR CORPORATE RESPONSIBILITY FOCUS

Social responsibility

Social responsibility is at the heart of Incap’s corporate culture and strategy. Our employees are our most important asset and by investing in them we ensure our competitiveness now and in the future. We invest in skills development, cooperation and well-being and expect fair and ethical behaviour towards all. We believe that providing equal opportunities is a prerequisite for success now and in the future. We also want to actively promote sustainable development in our local communities.
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Environmental responsibility

Incap contributes to sustainable development by improving the efficiency of its production and by taking into account all environmental impacts of its operations and striving to minimise them. The most important thing we can influence is the efficient use of resources and materials. The most significant environmental impacts of our activities are carbon dioxide emissions from energy consumption and waste from production. Continuous improvement is based on the continuous identification, measurement and reporting of environmental impacts.
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Economic responsibility

Incap’s economic responsibility is based on solid growth ambitions and good financial performance. Our aim is to be a sustainable growing business partner for our customers and suppliers. With a sustainable financial performance, we aim to provide our personnel stable job opportunities and create value for our investors. ​As a growing and profitable business, we are in a good position to meet the expectations of all our shareholders. As such, economic responsibility forms the basis for us to consider the environmental and social responsibility aspects of our operations.
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