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2013 was a year of close-knit and fruitful co-operation at Sitra. The highlights included a breakthrough in the national data exchange layer, the emergence of resource wisdom in the national debate on account of the hugely popular leftover food experiment and the relaunch of Sitra’s financial policy training after a gap of nearly ten years.
In 2013, the general mood in Finland was marked by a rude awakening to the inevitability of major structural changes. These structural reforms, targeted at working life, social welfare and healthcare services and the administration, were deemed necessary if Finland is to keep pace with the growth and development of the rest of the world.
Sitra’s special role as an independent organisation working directly under the Finnish Parliament gives it an excellent opportunity to drive social change that will shake the status quo and to take risks so that the private and public sectors do not have to. Everyone in Finland benefits from sustainable well-being and competitiveness.
Financially, 2013 was a good year for Sitra. Sitra’s operating activities are funded from the return on its endowment capital and corporate investments. The yield from invested assets was an excellent 12.4 per cent in 2013. At the end of 2013, the market value of Sitra’s endowment capital was EUR 705 million.
The results of 2013 and new openings related to Sitra’s objective of finding the best possible future for Finland are discussed in more detail in the Board Report.
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