Financial responsibility – promoting responsible procurement and contracting
The Port of Helsinki took a step forward in assessing the sustainability of its infrastructure projects with the introduction of an emission calculator designed specifically for the Port. The calculator helps operators in the planning stage to understand the emissions generated in a project throughout its lifecycle.
The Port of Helsinki operates in a financially sustainable manner and creates national and regional well-being. A stable financial result is also the basis for the company’s responsible operations.
The Port takes care of the profitability, competitiveness and efficiency of its business operations. The objective is to achieve a good result with plenty to share with the company’s owner, the City of Helsinki, and the residents of Helsinki.
In 2022:
- The Port of Helsinki’s direct tax footprint was over EUR 3 million (2021: EUR 3 million).
- The Port paid the City a total of EUR 18 million in interest and lease fees (2021: EUR 19 million).
Read more about the Port’s investments in chapter 2.
Helsinki’s port operations have a significant impact on the economy and society. According to the Port’s 2019 survey, the sector employs together with their multiplier effect, provided work for over 25,000 people.
The survey has not been carried out during the years of the COVID-19 pandemic.
Read more about the impact of Helsinki’s port operations.
Responsible procurement and contracting
The Port of Helsinki promotes responsible operations in cooperation with its customers and subcontractors. The procurement process is being developed to make it easier to take environmental criteria and the carbon footprint of procurement into account, and other sustainability themes are being developed as well.
The Port of Helsinki evaluates the performance of suppliers and subcontractors in the areas of environmental and social responsibility as well.
- The Port refined the methodology for calculating the emissions of its investments and introduced an emission calculator for infrastructure projects. The calculator can be used as a standardised model in the tendering process to estimate the carbon footprint of suppliers’ materials and machinery.
Read more. - In the autumn, the Port of Helsinki tendered out the waste management of its properties and the vessels visiting the port through an open tender procedure. For the first time, the carbon footprint of the supplier’s equipment was included in the quality criteria, along with the price. The supplier with the highest overall score in the tendering process was also the one that scored full points for the environmental performance of its equipment.
Read more.
- For the first time, operators were required to accept the Port of Helsinki’s principles of good business practice in order to participate in the tender process.