Hoist Finance’s sustainability strategy is clearly connected to our business and value creation model and aims to contribute to sustainable development and create long-term value for all stakeholders. The material aspects collected in our stakeholder dialogues are embedded in our four strategic pillars seen below. Although we drive efforts in all three ESG areas, it is within the social area (S) where we, as a company, can really make a difference. By supporting banks and helping customers get back on track, we contribute to financial inclusion and economic growth in society.
Within our four strategic pillars, we have established a dual focus where we aim to mitigate negative aspects as well as identifying what actions have a potential positive impact. Since the beginning of 2020 and throughout 2021 we started to track our progress regularly through the existing business review process, improving transparency and ensuring a continuous focus on our activities and progress. We have developed measurable indicators for each pillar to track our performance and hold ourselves accountable.