Altum-Sustainability memorandums

Sadarbības memorandi ilgtspējā

On 16 November 2022, Altum joined the Institute for Corporate Sustainability and Responsibility (ICSR) initiative and signed the Sustainability Code. The Sustainability Code aims to promote reliable information, including the exclusion of greenwashing, thereby protecting consumer interests and promoting fair competition as well as reducing the negative impact of business towards environmental, social and governance aspects. The principles of this Sustainability Code apply to every company and its signatories declare their willingness to contribute to their implementation in order to promote the development of the business environment and the creation of shared value by respecting and promoting responsible and ethical behaviour. To date, a total of 18 organisations from across the country have signed the Sustainability Code.

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Twenty partners from the public, private and non-governmental sectors, including Altum, have signed a Memorandum of Cooperation to implement the Financial Literacy Strategy 2021-2027. The partners commit to work together to increase the financial literacy of the Latvian people by improving their competencies, creating a sustainable culture of financial literacy, ensuring a quality financial environment and developing a strategic and collaborative institutional approach to improving financial literacy. In the Memorandum, the partners commit to work towards the three objectives set out in the Strategy: developing sustainable financial literacy and competences; ensuring the quality of the financial environment; and increasing the impact of strategic financial literacy planning by linking it to national strategic planning documents and involving stakeholders more broadly and effectively.

Altum joined the Memorandum of Cooperation between the Ministry of Economics, public administration institutions, non-governmental organisations and state capital companies, the main objective of which is to provide access to information on opportunities for renovation, conversion and energy efficiency improvement of buildings (residential, public and industrial).

As a member of the Latvian Diversity Charter, Altum is one of the official ambassadors of diversity in business and the workplace. The Diversity Charter is a voluntary agreement aimed at promoting respectful attitudes and inclusion of different groups in society. Altum strives to respect diversity in the workplace and in Latvian society as a whole.