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Pdf version (3.2 MB) - Kesko

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GRI GUIDELINES KESKO'S REPORT<br />

Code GRI content Included Page Further information<br />

4.5 Linkage between compensation for members of the Board and<br />

the management, and the organisation's corporate<br />

responsibility performance<br />

4.6 Processes in place for the Board to ensure conflicts of interest<br />

are avoided<br />

4.7 Qualifications and expertise of the Board members for<br />

strategic management and corporate responsibility<br />

4.8 Mission, values, codes of conduct and principles, and the<br />

status of their implementation<br />

4.9 Procedures of the Board for overseeing the organisation's<br />

management of economic, environmental and social<br />

performance, including risk management<br />

51, 81, 83 Presented in <strong>Kesko</strong>'s Annual Report 2011,<br />

pages 49–51.<br />

51 <strong>Kesko</strong> complies with the Finnish Corporate<br />

Governance Code for listed companies.<br />

Presented in <strong>Kesko</strong>'s Annual Report 2011,<br />

pages 46–49.<br />

51 Presented in <strong>Kesko</strong>'s Annual Report 2011,<br />

pages 47–49 and 55–57.<br />

50, 54<br />

51–53 Presented in <strong>Kesko</strong>'s Annual Report 2011,<br />

page 47.<br />

4.10 Processes for evaluating the Board's own performance 51<br />

4.11 Explanation of how the precautionary principle is addressed 48–49, 51–53<br />

4.12 Externally developed economic, environmental and social<br />

initiatives to which the organisation endorses<br />

54<br />

4.13 Memberships in associations and advocacy organisations 14–15 www.kesko.fi/responsibility<br />

4.14 Stakeholder groups engaged by the organisation 53–54<br />

4.15 Basis for identification and selection of stakeholders 53–54<br />

4.16 Approaches to stakeholder engagement 53–54<br />

4.17 Key topics and concerns raised through stakeholder<br />

15, 53–54, 83,<br />

engagement<br />

89<br />

5. MANAGEMENT APPROACH AND PERFORMANCE INDICATORS<br />

gRI INdEX<br />

ECONOMIC REspONsIbIlITy<br />

MANAGEMENT APPROACH TO ECONOMIC RESPONSIBILITy 54–59 x<br />

Economic performance indicators<br />

EC1* Direct economic value generated and distributed 65–66<br />

EC2* Financial implications and other risks and opportunities for the<br />

organisation's activitiesdue to climate change<br />

67–68 x<br />

EC3* Coverage of the organisation's defined benefit plan<br />

obligations<br />

69<br />

EC4* Financial assistance received from government 69 No assistance in 2011.<br />

EC5 Standard entry level wages compared to local minimum wages<br />

Finland, Sweden and Norway have collective<br />

at organisation's significant locations of operations<br />

agreements, in other countries at least<br />

statutory minimum wages. The ratio<br />

between wages not available.<br />

EC6* Spending on locally-based suppliers 14, 58, 69–70<br />

EC7* Procedures for local hiring 15, 70 x<br />

EC8* Infrastructure investments and services provided for public<br />

benefit<br />

70<br />

EC9 Significant indirect economic impacts, including the extent of<br />

impacts<br />

44–45, 70<br />

ENvIRONMENTal REspONsIbIlITy<br />

MANAGEMENT APPROACH TO ENvIRONMENTAL RESPONSIBILITy 54–59 x<br />

Environmental performance indicators<br />

EN1* Materials used 71 Packaging materials supplied to the market.<br />

No information available from countries<br />

outside Finland.<br />

x<br />

EN2* Materials used that are recycled input materials 71, 78 Recycling of packaging plastic used in<br />

transportation in reported.<br />

EN3* Direct energy consumption 71–73 x<br />

EN4* Indirect energy consumption 71–73 x<br />

EN5 Energy saved due to conservation and efficiency<br />

improvements<br />

24–26, 73–74 Energy savings achieved not reported. x<br />

EN6 Energy-efficient or renewable energy-based products and<br />

services<br />

24–29, 74 Energy savings achieved not reported. x<br />

EN7 Initiatives to reduce indirect energy consumption and<br />

reductions achieved<br />

24–25, 74 Energy savings achieved not reported. x<br />

Global<br />

Compact<br />

<strong>Kesko</strong> Corporate Responsibility Report 2011 61

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