Catena Media plc is a Maltese public limited liability company listed on the regulated market of Nasdaq Stockholm since September 2017, with its registered office and headquarters in Malta. The company’s corporate governance is based on the Memorandum & Articles of Association and internal rules and instructions. The company also complies with Nasdaq Stockholm’s Rule Book for Issuers and applies the Swedish Corporate Governance Code (the “Code”). Any deviations from the Code will be reported in the company’s Corporate Governance Reports, which will be published in connection with Annual Reports.
Catena Media is not yet subject to the requirement to prepare and publish a sustainability report under applicable rules and regulations and have chosen not to do so on a voluntary basis. Under Maltese rules and regulations the requirement to prepare a sustainability report will apply if and when the company has reached a number of employees exceeding 500 in any given financial year. When Catena Media plc reaches such threshold the company will prepare and publish a sustainability report in accordance with applicable rules and regulations.
Increasing our efforts in Sustainability
At present, as mentioned above, Catena Media is not required by law to prepare a sustainability report. However, we always act responsibly and seek to be transparent regarding our operations. Accordingly, we have decided to produce a sustainability report for the 2018 financial year. We see this report as an important tool in demonstrating our long-term commitment to a more sustainable society. We have also initiated a strategic project focusing on sustainability issues. We will analyse how we can contribute to sustainable development, develop a corporate sustainability strategy, and review how the organization performs within this area of responsibility. These efforts will continue in 2019 and the report will be delivered latest by the beginning of the second quarter.