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INDEpENDENT assURaNCE REPORT
(Translation from the Finnish Original)
INDEpENDENT assuRaNCE
REPORT
TO THE MANAGEMENT OF KESKO
CORPORATION
We have been engaged by the Management
of Kesko Corporation to perform a limited
assurance engagement on the information
on economic, social and environmental
responsibility for the reporting period of
January 1, 2011 to December 31, 2011 disclosed
in Kesko Corporation’s Corporate
Responsibility Report 2011 (hereinafter “Corporate
Responsibility information”).
MANAGEMENT’S RESPONSIBILITy
The Management of Kesko Corporation is
responsible for preparing the Corporate
Responsibility information according to the
Reporting criteria as set out in Kesko Corporation’s
corporate responsibility reporting
instructions, the Sustainability Reporting
Guidelines of the Global Reporting Initiative
(version 3.0), as well as AA1000 Accountability
Principles Standard 2008 issued by
AccountAbility.
PRACTITIONER’S RESPONSIBILITy
Our responsibility is to express a conclusion
on the Corporate Responsibility information
based on our work performed. Our assurance
report has been made in accordance
with the terms of our engagement. We do
not accept, or assume responsibility to anyone
else, except to Kesko Corporation for our
work, for this report, or for the conclusions
that we have reached.
We conducted our work in accordance
with the International Standard on Assurance
Engagements (ISAE) 3000 ‘Assurance
engagements other than audits or reviews
of historical financial information’. This
Standard requires that we comply with
ethical requirements and plan and perform
the assurance engagement to obtain limited
assurance whether any matters come to our
attention that cause us to believe that the
Corporate Responsibility information has
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Kesko Corporate Responsibility Report 2011
not been prepared, in all material respects,
in accordance with the Reporting criteria.
In addition, we have conducted our work
in accordance with the AA1000 Assurance
Standard 2008. For conducting a Type 2
assurance engagement as agreed with Kesko
Corporation the AA1000 Assurance Standard
2008 requires planning and performing of
the assurance engagement to obtain limited
assurance on whether any matters come to
our attention that cause us to believe that
Kesko Corporation does not adhere, in all
material respects, to the AA1000 Accountability
Principles (inclusivity, materiality
and responsiveness) and that the Corporate
Responsibility information is not reliable, in
all material respects, based on the Reporting
criteria.
In a limited assurance engagement the
evidence-gathering procedures are more
limited than for a reasonable assurance
engagement, and therefore less assurance
is obtained than in a reasonable assurance
engagement. An assurance engagement
involves performing procedures to obtain
evidence about the amounts and other
disclosures in the Corporate Responsibility
information. The procedures selected
depend on the practitioner’s judgement,
including an assessment of the risks of
material misstatement of the Corporate
Responsibility information. Our work consisted
of, amongst others, the following
procedures:
■ Interviewing senior management of
Kesko Corporation.
■ Interviewing relevant employees from
various organisational levels of Kesko
Corporation with regards to stakeholder
expectations towards Kesko Corporation,
the meeting of those expectations
as well as stakeholder engagement.
■ Assessing stakeholder engagement and
responsiveness based on Kesko Corporation’s
documentation and internal communication.
■ Assessing Kesko Corporation’s defined
material corporate responsibility
aspects as well as assessing Corporate
Responsibility information based on
these aspects.
■ Performing a media analysis and an
internet search for references to Kesko
Corporation during the reporting
period.
■ Interviewing persons responsible for
the collection and reporting of Corporate
Responsibility information at group
level as well as at site level in Russia.
■ Assessing the systems and practices
used for the collection and consolidation
of quantitative information.
■ Testing the accuracy of the information
from original documents and systems
on a sample basis.
■ Testing the consolidation of information
and performing recalculations on
a sample basis.
CONCLUSION
Based on our limited assurance engagement
nothing has come to our attention that
causes us to believe that Kesko Corporation
does not adhere, in all material respects, to
the AA1000 Accountability Principles.
Furthermore nothing has come to our
attention that causes us to believe that
Kesko Corporation’s Corporate Responsibility
information has not been prepared,
in all material respects, in accordance with
the Reporting criteria, or that the Corporate
Responsibility information is not reliable,
in all material respects, based on the reporting
criteria.
Our assurance report should be read in
conjunction with the inherent limitations
of accuracy and completeness for Corporate
Responsibility information. This independent
assurance report should not be used for
interpreting Kesko Corporation’s performance
in relation to its corporate responsibility
principles.