Report description and GRI content index

This is Caruna’s first corporate responsibility report. The report follows the GRI G4 guidelines and includes Caruna’s financial information. The report deals with Caruna’s operations during the period from 1 January to 31 December 2015. Caruna will report on its operations on a yearly basis. The next report will be published in spring 2017.

 

REPORT CONTENT: SPECIFICATION PROCESS

Caruna’s report on corporate responsibility for 2015 follows the Global Reporting Initiative’s G4-guidelines. The report is formulated by complying with the procedural methods and core application scope in the GRI G4 guidelines. The report covers the standard information required by the G4 guidelines and their sector-specific annex (Electric Utilities Sector Disclosures), as well as the perspectives of corporate responsibility regarded as essential in Caruna’s operations. Mitopro Oy, a company specialised in corporate responsibility, has reviewed the equivalence of the report with the core application scope of the GRI G4 guidelines.

In summer and autumn 2015, Caruna surveyed the material themes of corporate responsibility. The process included economic, environmental and social viewpoints of Caruna’s business operations and Caruna’s stakeholders’ expectations. The views of the stakeholders were gathered by surveys including the following groups: business customers, consumer customers, contractors and other partners, municipal decision-makers, government authorities, regional administrations, rescue departments, universities, industry associations and Caruna personnel. The results from the stakeholder surveys were analysed and fine-tuned with Caruna’s HSE working group, the Management Team and the Board-appointed HSE committee. During the final stage of the process, the responsibility themes and aspects were summarised and grouped into six groups and several sub-groups.

On the basis of the stakeholder surveys and internal workshops, the following definitions of the key focus areas of Caruna’s corporate responsibility were defined.

 

IDENTIFIED MATERIAL ASPECTS AND BOUNDARIES

The companies included in Caruna’s consolidated financial statements are listed in the chapter Corporate structure. The information in the Corporate Responsibility Report cover the companies and business operations of the Caruna Group.

Caruna’s material GRI G4 aspects and their calculation limits are described below in the table.

Caruna’s priorities

GRI G4 aspects

Calculation limits of specific aspects

Security of supply

Network investments and development

Emergency preparedness and quick fault repair

  • Availability and security of electrical supply

  • System efficiency

  • Research and development expenditure

  • Crisis and emergency preparation

Caruna’s own operations, Community and Customers

Safety

Safety of employees and contractors

Network and public safety

  • Occupational health and safety

  • Customers’ health and safety

Caruna’s own operations, contractors, community and customers

Customers and society

Customer satisfaction

Non-discrimination of customers and reasonable pricing

Local economic impact

Interest group collaboration

  • Product and service information

  • Financial results

  • Indirect economic impact

  • Caruna’s own: Non-discrimination of customers

  • Protection of privacy

Caruna’s own operations, community and customers

Responsible procurement

Procurement practices and fair treatment of suppliers and contractors

Responsibility in material procurement

Working conditions in supply chain

  • Procurement procedures

  • Suppliers’ environmental assessments

  • Assessment of suppliers’ working conditions

  • Assessment of suppliers’ social impact

Caruna’s own operations, contractors and contracting chain

Environmental factors

Minimising environmental hazards

Sustainable and effective use of natural resources

Environmental safety

Impacts on land use and landscape

  • Materials

  • Energy

  • Emissions

  • Waste water and wastes

  • Biodiversity

  • Compliance with regulations

Caruna’s own operations and contractors

Personnel

Good management

Expertise

Well-being at work and occupational health

Equality

  • Employment

  • Training

  • Diversity and equal opportunities

  • Caruna’s own: Well-being at work

Caruna’s own operations

Openness, ethical business principles and good corporate governance principles

  • Opposition to bribery and corruption

  • Limits on competition

  • Compliance with regulations

Caruna’s own operations

GRI content index

Strategy and Analysis

 
 
 
GRI Code
GRI Standard Disclosures
Location
Comments
G4-1
CEO Statement
G4-2
Description of key impacts, risks, and opportunities

Organizational Profile

 
 
 
GRI Code
GRI Standard Disclosures
Location
Comments
G4-3
Name of the organization
G4-4
Primary brands, products, and services
G4-5
Location of the organization’s headquarters
G4-6
Countries where the organization operates
G4-7
Nature of ownership and legal form
G4-8
Markets served
G4-9
Scale of the organization
G4-11
Employees covered by collective bargaining agreements
G4-12
Supply chain
G4-13
Significant changes during the reporting period regarding the organization’s size, structure, ownership, or its supply chain
G4-14
Addressing the precautionary principle
G4-15
External charters, principles or initiatives endorsed
G4-16
Memberships of associations
EU1
Installed capacity, broken down by primary energy source and by regulatory regime

Does not apply: no own production

EU2
Net energy output broken down by primary energy source and by regulatory regime

Does not apply: no own production

EU3
Number of residential, industrial, institutional and commercial customer accounts
EU4
Length of above and underground transmission and distribution lines
EU5
Allocation of CO2e emissions allowances

Does not apply: Caruna is not involved in emissions trade system

Identified Material Aspects and Boundaries

 
 
 
GRI Code
GRI Standard Disclosures
Location
Comments
G4-17
Entities included in the organization’s consolidated financial statements
G4-18
Process for defining the report content and the Aspect Boundaries

Report description and GRI content index

G4-19
Material Aspects identified

Report description and GRI content index

G4-20
Aspect Boundary within the organization

Report description and GRI content index

G4-21
Aspect Boundary outside the organization

Report description and GRI content index

G4-22
Report the effect of any restatements of information provided in previous reports, and the reasons for such restatements

Report description and GRI content index

G4-23
Report significant changes from previous reporting periods in the Scope and Aspect Boundaries

Report description and GRI content index

Stakeholder Engagement

 
 
 
GRI Code
GRI Standard Disclosures
Location
Comments
G4-24
Provide a list of stakeholder groups engaged by the organization
G4-25
Report the basis for identification and selection of stakeholders with whom to engage
G4-26
Organization’s approach to stakeholder engagement.
G4-27
Report key topics and concerns that have been raised through stakeholder engagement

Report Profile

 
 
 
GRI Code
GRI Standard Disclosures
Location
Comments
G4-28
Reporting period (such as fiscal or calendar year) for information provided

Report description and GRI content index

G4-29
Date of the previous report

Report description and GRI content index

G4-30
Reporting cycle (such as annual, biennial)

Report description and GRI content index

G4-31
Provide the contact point for questions regarding the report or its contents

Report description and GRI content index

G4-32
Report the ‘in accordance’ option the organization has chosen

Report description and GRI content index

G4-33
Report the organization’s policy and current practice with regard to seeking external assurance for the report

Corporate responsibility information not externally certified.

Governance

 
 
 
GRI Code
GRI Standard Disclosures
Location
Comments
Governance Structure and Composition
G4-34
Governance structure and commitees
G4-35
Delegating authority
G4-36
Responsibility for economic, environmental and social topics
G4-38
Composition of the highest governance body and its committees
Highest Governance Body’s role in setting Purpose, Values and Strategy
G4-42
Board's role in setting the organisation's purpose, values and strategy

Ethics and Integrity

 
 
 
GRI Code
GRI Standard Disclosures
Location
Comments
G4-56
Values, principles, standards and norms of behavior such as codes of conduct and codes of ethics
G4-57
Internal and external mechanisms for seeking advice on ethical and lawful behavior, and matters related to organizational integrity
G4-58
Internal and external mechanisms for reporting concerns about unethical or unlawful behavior

Specific Standard Disclosures

 
 
 
GRI Code
GRI Standard Disclosures
Location
Comments
G4-DMA
Generic Disclosures on Management Approach
Economic
G4-EC1
Direct Economic Value Generated and Distributed
Indirect Economic Impacts
G4-EC8
Significant indirect Economic Impacts, including the extent of Impacts
Procurement Practices
G4-EC9
Proportion of Spending on local suppliers at significant locations of Operation

Does not apply: the procurement criteria used is based on the Public Procurement Act

Availability and Reliability
System Efficiency
EU12
Transmission and Distribution Losses
Research and Development
G4-EN1
Materials used by Weight or Volume

Reported material flows connected with network construction, data collection to be developed in 2016

Energy
G4-EN3
Energy Consumption Within the Organisation
G4-EN6
Reduction of Energy Consumption

Energy efficiency measures described

Biodiversity
G4-EN12
Description of Significant impacts of activities, products and services on biodiversity in protected areas and areas of high biodiversity value outside protected areas
Emissions
G4-EN15
Direct greenhouse gas (GHG) emissions (Scope 1)

Reported SF6 emissions

G4-EN19
Reduction of greenhouse gas (GHG) emissions
Effluents and Waste
G4-EN23
Total weight of waste by type and disposal method

Reported disposed-of poles

G4-EN24
Total number and volume of significant spills
Compliance
G4-EN29
Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with environmental laws and regulations

No incidents in 2015

Supplier Environmental Assessment
G4-EN32
Percentage of new suppliers that were screened using environmental criteria

Procurement practices described, audits starting in 2016

Social
Labor practices and decent work
G4-LA1
Total number and rates of new employee hires and employee turnover by age group, gender and region
EU17
Days worked by contractor and subcontractor employees involved in construction, operation & maintenance activities
Occupational Health and Safety
G4-LA6
Type of injury and rates of injury, occupational diseases, lost days and absenteeism and total number of work-related fatalities by region and by gender
EU18
Percentage of contractor and subcontractor employees that have undergone relevant health and safety training
Training and Education
G4-LA9
Average hours of training per year per employee by gender and by employee category
G4-LA10
Programs for skills management and lifelong learning that support the continued employability of employees and assist them in managing career endings
G4-LA11
Percentage of employees receiving regular performance and career development reviews by gender and by employee category
Diversity and Equal Opportunity
G4-LA12
Composition of governance bodies and breakdown of employees per employee category according to gender, age group, minority group membership and other indicators of diversity
Supplier Assessment for Labor Practices
G4-LA14
Percentage of new suppliers that were screened using labor practices criteria

Procurement practices described, audits starting in 2016

Anti-corruption
G4-SO4
Communication and training on anti-corruption policies and procedures
G4-SO5
Confirmed incidents of corruption and actions taken

No incidents in 2015

Anti-competitive Behavior
G4-SO7
Total number of legal actions for anti-competitive behaviour, anti-trust and monopoly practices and their outcomes

No incidents in 2015

Compliance
G4-SO8
Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with laws and regulations

No incidents in 2015

Supplier Assessment for Impacts on Society
G4-SO9
Percentage of new suppliers that were screened using criteria for impacts on society

Procurement practices described, audits starting in 2016

Disaster/Emergency Planning and Response
Product responsibility
Aspect: Customer Health and Safety
EU25
Number of injuries and fatalities to the republic involving company assets
Aspect: Product and Service Labeling
G4-PR5
Results of surveys measuring customer satisfaction
Aspect: Customer Privacy
G4-PR8
Total number of substantiated complaints regarding breaches of customer privacy and losses of customer data

No incidents in 2015

Aspect: Access
EU28
Power outage frequency
EU29
Average power outage duration