Exercising influence to ensure the functionality of the markets and promote the circular economy and bioeconomy

In 2016, L&T’s focus on exercising influence on society was on ensuring the functionality of the markets. 

From the perspective of L&T’s service business, the most significant legislative reform concerned the Public Procurement Act, which practically means the national implementation in Finland of the EU’s Public Procurement Directive. With respect to the Public Procurement Act, the legislative amendments that are favourable to L&T include the strict regulation of in-house entities, the modernisation of procurement procedures and enhanced monitoring. The Finnish Parliament approved the new Public Procurement Act in December.

In the environmental business, we aim to promote the Finnish Government Programme’s stated goal of opening up the closed waste market by discontinuing municipal exclusive rights to waste.


With respect to the circular economy, we were closely involved in the drafting and implementation of the Finnish national roadmap. At the EU level, a key area of influence was the circular economy package, which was prepared in various EU institutions throughout 2016 and still remains in the preparatory stages. With regard to the circular economy package, we emphasised the significance of setting concrete targets and harmonising concepts and statistics.

At the national level, we were involved in the preparatory work for the new National Waste Plan and the drafting of legislation to promote recycling. We aim to promote the expansion of the reporting procedures stipulated by the MARA decree to contaminated land areas and industrial side streams. The MARA decree governs the utilisation of certain types of waste in earth construction.

At the municipal level, we were active in expressing our views on the amendment of waste management regulations and transportation system decisions. We want to promote the sorting of waste at source, the freedom of choice and the market-based waste collection system.

In Finland and Sweden, we have also aimed to promote employment-based immigration by being active in expressing our opinions in the public discussion, as well as developing our own solutions for the employment-based integration of refugees.