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CORPORATE RESPONSIBILITY REPORT 2022

Veritas is a pension insurance company managing the statutory pension security stipulated under the Self-Employed Persons’ Pensions Act (YEL) and the Employees’ Pension Act (TyEL). We shoulder our responsibility for pension assets and for the adequacy of funding for the pension system through securing that the pension assets generate sufficient return and by ensuring our solvency. Our operations are guided by the following values: we are boldly and genuinely ourselves, we are constantly improving, we work together with an entrepreneurial mindset.

REVIEW OF THE CEO

It all begins with trust

The year 2022 turned out very different to what any of us could have anticipated. Russia’s invasion of Ukraine caused grave human suffering and increased fears and uncertainty around the world. The impacts of war manifested themselves discernibly in the global economy in the form of wavering trust and high inflation.

The year of responsibility

The year 2022 was another active year for us as we continued with our work to further our responsibility targets.

Customers and beneficiaries

Our service is personal and we focus on the quality of customer service to ensure our customers are provided with the assistance they require swiftly and reliably. We advise and support our customers in pension matters throughout their careers.

Responsible investment

We invest pension assets in a profitable, secure and responsible manner. We shoulder our responsibility for pension assets and for the adequacy of the financing of the pension system by ensuring the return generated by the pension assets and our solvency.

Good governance

Our objective is to ensure open and functional corporate governance. In our business operations, we adhere to our values, our Code of Conduct and good insurance practice. We act ethically and fairly.

Responsible employer

At Veritas, the basic elements of a responsible workplace consist of cooperation, renewal, integrity, transparency as well as flexibility and fair treatment. Every single Veritas employee shoulders their own responsibility in maintaining a positive working atmosphere, open communication and the refining of work processes and competences.

GRI index

In reporting, we have employed the GRI standard to the extend applicable. The GRI index has been compiled to enable data comparability.