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Sitra is Finland’s fund for the future
Everyone in Finland has a role to play in building the future. A better tomorrow is born from today’s acts and decisions. At Sitra, we strongly believe that the future is made together – so come and join us!
The future is a team effort. But no one can make major change happen alone. That’s why we are so enthusiastic about co-operation. When we share a common goal, it becomes easier for each of us to find our own pivotal position in the team. In this team, government and officials have their roles to play, researchers, artists and companies play their own and even the team’s staff and supporters have an important contribution to make. Every act and every decision takes us to the future.
The best result is achieved when the right people and organisations find each other and make renewal possible.
A builder of preconditions for reforms
Sitra has recently renewed its strategy. The new strategy aims to increase our efficiency and agility in tackling the problems Finland will face in the future. The changes will take place in the beginning of September 2024.
Our mission is to promote the well-being of Finland and accelerate economic growth within the limits of nature’s carrying capacity. We anticipate the future, innovate and renew society – and we take our vision seriously and work in any way we can to achieve it.
We base what we do on expertise and foresight. As an agile, experienced, future-oriented organisation, we have a wide variety of tools at our disposal to identify the need for change and to make it happen.
Our role as a future-oriented fund involves creating preconditions for reform, spurring everyone towards making a change and providing opportunities for co-operation.
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What kind of values are Sitra’s activities based on?
Sitra’s values have been condensed into three words: responsibility, participation and independence. These values guide our actions in our work at Sitra, in our work to create an impact and in our cooperation with stakeholders.
The secret to Sitra’s independence
Sitra’s operations are funded by the returns from its capital originally granted by the Finnish Parliament. According to law, the funds must be invested securely and in a profitable manner.
Although the returns from Sitra’s capital fluctuates, it averages approximately 30 million euros a year. The amount is not very large in terms of the overall state budget, but if wisely allocated it does give Finland an opportunity to play a pioneering role, increase well-being and generate new business. Read more about Sitra as an investor.
Another important facet of Sitra’s independence is the fact that it reports directly to the Finnish Parliament. We are not answerable to the government in power at any one time, nor to a certain party or a trend, but to the parliament.
The profits accrued from our diverse investments secure the long-term future-oriented work carried out by Sitra’s staff, based on their expertise and vision.
Sitra was a present given by Parliament to Finland on the country’s 50th anniversary in 1967. The independent fund has been commissioned with the task of probing the future and promoting qualitative and quantitative economic growth.
The future is a team effort