Finnish Mint’s Approach to Social Responsibility

The Mint of Finland (MOF) has issued its 2022 Corporate Social Responsibility report. In business terms 2022 was a difficult year because over capacity in the market led to a low level of orders and this, combined with higher electricity prices, led to reduced profitability (see CMN March 2023). The outlook for 2023 is better.

Despite the difficult business environment, MOF continued with a wide range of initiatives across all areas of operations.

It started the report arguing that coins complete the diversity of the payment landscape and are good for society. They are an important element in a nation’s identity.

This article is a summary of that report, along with the presentation that the Mint made in the coin session at the recent Silk Road Conference in Kazakhstan.