Lassila & Tikanoja plc complies with the Finnish Corporate Governance Code issued by the Securities Market Association on 20 October 2008. The code is available on the website www.cgfinland.fi.
Business organisation
L&T’s business is organised into three divisions: Environmental Services, Property and Office Support Services and Renewable Energy Sources. Vice Presidents in charge of the Environmental Services and Property and Office Support Services divisions, as well as Managing Director of L&T Biowatti Oy responsible for the Renewable Energy Sources division, report to the President and CEO.
In Finland each division is organised into business areas. Country Managing Directors are responsible for operations in each country outside Finland. Administration and the management of group-level processes are centralised.