Report description and GRI content index

Report description

Caruna reports on the corporate responsibility of its operations now for the second time. The reporting complies with GRI’s G4 guidelines. Caruna’s Annual Report includes a review of financial performance.

This Annual Report covers Caruna’s operations from 1 January 2016 to 31 December 2016. Caruna reports on its operations on an annual basis. The previous report was published on 29 March 2016. The next report will be published in early 2018.

Defining the report contents

Caruna’s report on corporate responsibility for 2016 has been drawn up in accordance with the Global Reporting Initiative’s GRI 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 disclosures of the G4 Guidelines, its Electric Utilities Sector Disclosures, and the aspects of corporate responsibility considered material to Caruna’s operations. Corporate responsibility agency Mitopro Oy has reviewed the Report’s compliance with the Core scope of the GRI G4 Guidelines.

In mid- and late-2015, we identified the key areas of our corporate responsibility. The process covered the economic, environmental and social aspects of Caruna’s activities regarding both stakeholders and business operations. The process begun with an internal definition of the framework for Caruna’s operations from the point of view of corporate responsibility. This stage also involved identifying a wide range of themes related to sustainability. The following stage consisted of a sustainability survey where we asked both internal and external stakeholders to share their views regarding Caruna’s operations, sustainability, and the most important development areas.

The stakeholder survey covered corporate customers, private customers, contractors and other partners, municipal decision-makers, government authorities, regional administrations, rescue services, higher education institutions, industry organisations and Caruna’s employees.
 

Materiality assessment process

The results of the stakeholder survey were processed by Caruna’s HSE working group, the Management Team and the HSE Committee appointed by the Board of Directors. At the last stage of the process, we summarised and grouped our sustainability themes and aspects into six groups and several sub-groups, which are described below.
 

Themes and aspects of corporate responsibility

GRI’s material aspects and boundaries

The companies covered by Caruna’s consolidated financial statements are listed in the introduction to the Annual Report. The data provided in the report on corporate responsibility cover Caruna Group’s companies and business operations.

Caruna’s material GRI G4 aspects and their boundaries are described in the following 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, customers and community

Safety

  • Safety of employees and contractors
  • Network and public safety
  • Occupational health and safety

  • Customers’ health and safety

Caruna’s own operations, contractors, customers and community

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 aspect: Non-discrimination of customers

  • Protection of privacy

Caruna’s own operations, customers and community

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 aspect: 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 Content
Reporting
Comments
G4-1
CEO Statement
G4-2
Description of key impacts, risks, and opportunities

Organisational Profile

 
 
 
GRI Code
GRI Content
Reporting
Comments
G4-3
Name of the organisation
G4-4
Primary brands, products, and services
G4-5
Location of the organisation’s headquarters
G4-6
Countries where the organisation operates
G4-7
Nature of ownership and legal form
G4-8
Markets served
G4-9
Scale of the organisation
G4-11
Employees covered by collective bargaining agreements
G4-12
Supply chain
G4-13
Significant changes during the reporting period regarding the organisation’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 Content
Reporting
Comments
G4-17
Entities included in the organisation’s consolidated financial statements
G4-18
Process for defining the report content and the Aspect Boundaries
G4-19
Material Aspects identified
G4-20
Aspect Boundary within the organisation
G4-21
Aspect Boundary outside the organisation
G4-22
Report the effect of any restatements of information provided in previous reports, and the reasons for such restatements
G4-23
Report significant changes from previous reporting periods in the Scope and Aspect Boundaries

No significant changes in the Scope or Aspect Boundaries

Stakeholder Engagement

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

Report Profile

 
 
 
GRI Code
GRI Content
Reporting
Comments
G4-28
Reporting period (such as fiscal or calendar year) for information provided
G4-29
Date of the previous report
G4-30
Reporting cycle (such as annual, biennial)
G4-31
Provide the contact point for questions regarding the report or its contents
G4-32
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 is not externally assured

Governance

 
 
 
GRI Code
GRI Content
Reporting
Comments
Governance structure and composition
G4-34
Governance structure and commitees
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 of Directors' role in setting the organisation's purpose, values and strategy

Ethics and Integrity

 
 
 
GRI Code
GRI Content
Reporting
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 organisational integrity
G4-58
Internal and external mechanisms for reporting concerns about unethical or unlawful behavior

Specific Standard Disclosures

 
 
 
GRI Code
GRI Content
Reporting
Comments
G4-DMA
Generic Disclosures on Management Approach (DMA)
ECONOMIC RESPONSIBILITY

Disclosure on Management Approach (DMA)

Economic performance
G4-EC1
Direct economic value generated and distributed
Indirect economic impacts
G4-EC8
Significant indirect economic impacts, including the extent of impacts
Procurement practices

Disclosure on Management Approach (DMA)

G4-EC9
Proportion of spending on local suppliers at significant locations of operation

Does not apply, the procurement criteria used is based on the Act on public contracts in special sectors

Availability of electricity and reliability of supply (EU)

Disclosure on Management Approach (DMA)

System efficiency (EU)

Disclosure on Management Approach (DMA)

EU12
Transmission and distribution losses
Research and development (EU)

Disclosure on Management Approach (DMA)

ENVIRONMENTAL RESPONSIBILITY

Disclosure on Management Approach (DMA)

Materials
G4-EN1
Materials used by weight or volume

Material flows connected with network construction are reported

Energy
G4-EN3
Energy consumption within the organisation
G4-EN6
Reduction of energy consumption

Energy efficiency measures are reported

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 emissions (scope 1)

SF6 emissions are reported

G4-EN19
Reduction of greenhouse gas emissions

Reduction measures are reported

Effluents and waste
G4-EN23
Total weight of waste by type and disposal method

Poles disposed are reported

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
Supplier environmental assessments

Disclosure on Management Approach (DMA)

G4-EN32
Percentage of new suppliers that were screened using environmental criteria
SOCIAL RESPONSIBILITY
Labor practices and decent work

Disclosure on Management Approach (DMA)

Employment
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

Disclosure on Management Approach (DMA)

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

Disclosure on Management Approach (DMA)

G4-LA9
Average hours of training per year per employee by gender, and by employee category

Training hours are reported 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
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

Disclosure on Management Approach (DMA)

G4-LA14
Percentage of new suppliers that were screened using labor practices criteria
Society

Disclosure on Management Approach (DMA)

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 2016

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

No incidents in 2016

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 2016

Supplier assessment for impacts on society

Disclosure on Management Approach (DMA)

G4-SO9
Percentage of new suppliers that were screened using criteria for impacts on society
Disaster/emergency planning and response (EU)

Disclosure on Management Approach (DMA)

Product responsibility
Customer health and safety

Disclosure on Management Approach (DMA)

EU25
Number of injuries and fatalities to the public involving company assets
Product and service labeling

Disclosure on Management Approach (DMA)

G4-PR5
Results of surveys measuring customer satisfaction
Customer privacy

Disclosure on Management Approach (DMA)

G4-PR8
Total number of substantiated complaints regarding breaches of customer privacy and losses of customer data

No incidents in 2016

Access (EU)

Disclosure on Management Approach (DMA)

EU29
Average power outage duration