VAPAUS REAFFIRMS ITS COMMITMENT TO THE UN GLOBAL COMPACT

I’m proud to announce that Vapaus reaffirms its commitment to the ten principles of the United Nations Global Compact in 2022.

The Global Compact is an important part of our corporate responsibility strategy through which we make a firm commitment to continually integrate principles on human rights, labour, environment and anti-corruption in our business strategy, culture and daily operations.

The United Nations Global Compact is the world’s largest corporate sustainability initiative with 13000 members in 170 countries. The goal of the initiative is to promote responsible business practices UN values in the global business community. Vapaus joined the Global Compact in 2021.  

 

WHAT DOES THE GLOBAL COMPACT MEAN FOR US IN PRACTICE?

We take a number of actions to ensure that our operations closely align with the principles of the Global Compact in each of its areas. Below is a description of the actions we’ve taken to date.    

Human rights

  • We recruit people from all backgrounds, nationalities and age groups
  • We promote a culture where everyone is free to be themselves
  • We have zero tolerance against workplace harassment, including physical, verbal, sexual or psychological harassment, abuse or threats


Labour

  • We provide freedom in choosing the way, time and place our employees work
  • We ensure that neither our company nor our value chain participates in any form of forced or bonded labour
  • We actively promote ethical principles in our value chain
  • We comply with higher-than-minimum wage standards


Environment

  • We focus all our product development on electric or human powered vehicles
  • We calculate and compensate our carbon footprint
  • We actively promote environmental sustainability in our value chains
  • We promote reuse, recycling and refurbishment of products and materials
  • We commit to producing zero landfill waste material caused by our operations


Anti- corruption

  • We evaluate business partners against potential corruption
  • We pay attention to not establish work roles that enable corruption 
  • We mention “anti-corruption” and/or “ethical behaviour” in contracts with our business partners 
  • We ensure that internal procedures support the company’s anti-corruption commitment 

 

We will continue to share our progress with the Global Compact regularly with our stakeholders in the future.


More stories

Vapaus Group and Azfalte join forces to build Europe’s leading provider of corporate cycling solutions

Vapaus Group, Europe’s forerunner known for its bike-leasing platform, announces the integration of Azfalte, France’s leading corporate cycling company serving 250 employer clients. This milestone accelerates Vapaus Group’s international growth and unlocks Europe’s biggest market opportunity, with the ambition to put more than one million employees on bikes across the continent in the coming years.

Read more

Proposed Changes to the Bike Benefit Tax Exemption in 2026

September 22, 2025: The government has today presented to Parliament that the tax exemption for benefit bikes will end at the close of 2025. The change will apply from 2026 onwards to all agreements where the employee approved the benefit bike order on or after April 24, 2025. These agreements will become taxable from January 1, 2026. Bike orders approved on or before April 23, 2025, without changes during the contract term, will remain tax-exempt until the end of the original contract term, but for no longer than five years from the start of the benefit.

Read more

Vapaus Achieves ISO 27001 Certification for Benefit Bikes

Helsinki, Finland — 31.3.2025 — Vapaus, the Nordic leader in employee scheme bikes, has achieved the internationally recognized ISO 27001 certification, marking a significant leap in its commitment to enterprise-level data security and international expansion strategy. ISO certifications are granted only to companies that meet internationally recognized standards. The establishment, maintenance, and issuance of these standards are managed by the International Organization for Standardization (ISO).

Read more