Annual Report 2014

GRI G4 reporting

Our corporate responsibility reporting is based on the GRI G4 guidelines (the Global Reporting Initiative). In addition, we comply with the reporting requirements of our owner, the Finnish State. In accordance with the guidelines, we focus on factors that are key to our operations and essential to our stakeholders. This report complies with the GRI G4 guidelines and covers the most essential areas of the financial, social, people and environmental responsibility.

Posti has self-declared its corporate responsibility reporting to be in accordance with the Core level of GRI G4 guidelines. Accordingly, Posti reports material corporate responsibility details and indicators related to its operations so that the report provides a sufficient and balanced view of corporate responsibility and its impacts. The comparison of the report content with the GRI G4 guidelines has been presented in the GRI index.

The report has not been confirmed externally. The accuracy of information presented has been confirmed internally. An external valuer has scrutinized the compliance of the materiality assessment process with the GRI G4 guidelines.

GRI content index

Code

GRI Standard Disclosures (G4)

Reference Page

Remarks

 

Strategy and Analysis

   

G4-1

CEO's statement

President and CEO's Review

 

G4-2

Key impacts, risks, and opportunities

Strategy

Materiality assessment

Risks related to corporate responsibility

 
 

Organizational Profile

   

G4-3

Name of the organization

 

Posti Group Corporation

G4-4

Primary brands, products, and services

Posti Group in brief  

G4-5

Location of the organization’s headquarters

 

Posti Group's headquarters is based in Helsinki

G4-6

Number of countries and names of countries with major operations or that are relevant to sustainability issues

Posti Group in brief

 

G4-7

Nature of ownership and legal form

Share capital and shareholding

 

G4-8

Markets served

Postal Services
Parcel and Logistics Services
Itella Russia
OpusCapita

 

G4-9

Scale of the reporting organization

Key figures

 

G4-10

Total workforce by employment type, employment contract, region and gender

Personnel

 
       

G4-11

Percentage of total employees covered by collective bargaining agreements

Personnel

 

G4-12

Organization’s supply chain

Responsible sourcing

 

G4-13

Significant changes during the reporting period regarding the organization's size, structure, ownership, or its supply chain

 

No significant changes during the reporting period

G4-14

Whether and how the precautionary approach or principle is addressed by the organization

 

The precautionary approach and principle has been taken into account in accordance with statutory requirements

G4-15

Externally developed economic, environmental and social charters, principles, or other initiatives to which the organization subscribes or which it endorses

Managing responsibility

 

G4-16

Memberships in associations (such as industry associations) and/or national/international advocacy organizations

Cooperation with stakeholders

 
 

Identified Material Aspects and Boundaries

   

G4-17

List of stakeholder groups engaged by the organization

 

Posti Group in brief

Group companies

 

G4-18

Process for defining report content and Aspect Boundaries

Materiality assessment

 

G4-19

Material Aspects

Identified material aspects

 

G4-20

Aspect Boundary for each material aspect within the organization

Reporting description and boundary

 

G4-21

Aspect boundary for each material aspect outside the organization

Reporting description and boundary

 

G4-22

Restatements of information provided in previous reports

 

No significant changes during the reporting period

G4-23

Significant changes from previous reporting periods in the scope and aspect boundaries

 

No significant changes during the reporting period

 

Stakeholder Engagement

   

G4-24

List of stakeholder groups engaged by the organization

Cooperation with stakeholders

 

G4-25

Basis for identification and selection of stakeholders with whom to engage

Cooperation with stakeholders

 

G4-26

Approaches to stakeholder engagement, including frequency of engagement by type and by stakeholder group

Cooperation with stakeholders

 

G4-27

Key topics and concerns that have been raised through stakeholder engagement, and how the organization has responded to those key topics and concerns

Cooperation with stakeholders

 
 

Report Profile

   

G4-28

Reporting period

Reporting description and boundary

 

G4-29

Date of most recent previous report

Reporting description and boundary

 

G4-30

Reporting cycle

Reporting description and boundary

 

G4-31

Contact point for questions regarding the report or its contents

Reporting description and boundary

 

G4-32

GRI content index

 GRI G4 reporting

Self-assessment has been made, no external assurance

G4-33

The organization's policy and current practice with regard to seeking external assurance for the report

 

 

GRI G4 reporting

 
 

Governance

   

G4-34

Governance structure of the organisation and committees

Corporate Governance Statement

 

G4-35

Delegating authority

Corporate Governance Statement

 

G4-36

Executive-level positions with responsibility for economic, environmental and social topics

Management

 

G4-37

Consultation with stakeholders

Cooperation with stakeholders

 

G4-42

Board of Directors’ role in setting purpose, values and strategy

Corporate Governance Statement

 

G4-45

Board of Directors’ role in the identification and management of risks

Corporate Governance Statement

 

G4-46

Reviewing the effectiveness of risk management

Corporate Governance Statement

 

G4-47

Frequency of risk reviews

Corporate Governance Statement

 

G4-48

Formal approval of the organisation's sustainability report

Reporting description and boundary

 

G4-49

Communicating critical concerns

Corporate Governance Statement

 

G4-51

Remuneration policies for the Board and senior executives

Remuneration Statement

 

G4-56

Organization's values, principles, standards and codes

Management

Employee Code of Conduct

Corporate responsibility principles

Supplier guidelines

 

G4-57

Internal and external mechanisms for seeking advice on ethical and lawful behavior, and matters related to organizational integrity

Employee Code of Conduct

 

G4-58

Internal and external mechanisms for reporting concerns about unethical or unlawful behavior, and matters related to organizational integrity

Employee Code of Conduct

 
       
 

Code

Indicators

Reference Page

Remarks

 

Generic Disclosures on Management Approach

   
 

Category: Economic

   

G4-EC1

Direct economic value generated and distributed

Financial profitability

Tax footprint

 

G4-EC4

Financial assistance received from government

Other operating income

 

G4-EC9

Proportion of spending on local suppliers at significant locations of operation

Sourcing policy

 
 

Category: Environmental

   

G4-EN3

Energy consumption within the organization

Environmental reporting

 

G4-EN5

Energy intensity

Environmental reporting

 

G4-EN6

Reduction of energy consumption

Energy efficiency

 

G4-EN15

Direct greenhouse gas (ghg) emissions (scope 1)

Environmental reporting

 

G4-EN16

Energy indirect greenhouse gas (ghg) emissions (scope 2)

Environmental reporting

 

G4-EN17

Other indirect greenhouse gas (ghg) emissions (scope 3)

Environmental reporting

 

G4-EN18

Greenhouse gas (ghg) emissions intensity

Energy efficiency

 

G4-EN19

Reduction of greenhouse gas (ghg) emissions

Energy efficiency

 

G4-EN21

Nox, sox, and other significant air emissions

Environmental reporting

 

G4-EN23

Total weight of waste by type and disposal method

Environmental reporting

 

G4-EN24

Total number and volume of significant spills

 

No significant spills occurred during the reporting period

G4-EN27

Extent of impact mitigation of environmental impacts of products and services

Posti Green services

 

G4-EN29

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

 

No significant fines or sanctions during the reporting period

G4-EN30

Significant environmental impacts of transporting products and other goods and materials for the organization’s operations, and transporting members of the workforce

Environmental balance sheet

 

G4-EN32

Percentage of new suppliers that were screened using environmental criteria

Responsible sourcing

 
 

Category: People

   

G4-LA1

Total workforce by employment type, employment contract and region

Looking after the personnel

Finland only. The aim is to develop reporting

G4-LA4

Minimum notice periods regarding operational changes, including whether it is specified in collective agreements

Looking after the personnel

 

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

Looking after the personnel

 

G4-LA11

Percentage of employees receiving regular performance and career development reviews, by gender and by employee category

Looking after the personnel

 

G4-LA13

Ratio of basic salary and remuneration of women to men by employee category, by significant locations of operation

Looking after the personnel

 

G4-LA14

Percentage of new suppliers that were screened using labor practices criteria

Sourcing policy  

 

G4-LA16

Number of grievances about labor practices filed, addressed, and resolved through formal grievance mechanisms

 

 

There were four grievances about labor practices filed, addressed and resolved through formal grievance mechanisms during the reporting period

G4-HR3

Total number of incidents of discrimination and corrective actions taken

 

No reported discrimination incidents

G4-HR10

Percentage of new suppliers that were screened using human rights criteria

Sourcing policy  

 

G4-HR12

Number of grievances about human rights impacts filed, addressed, and resolved through formal grievance mechanisms

 

There were no grievances about human rights impacts filed through formal grievance mechanisms during the reporting period

 

Category: Society

   

G4-SO4

Communication and training on anti-corruption policies and procedures

Employee Code of Conduct

 

G4-SO5

Confirmed incidents of corruption and actions taken

 

No incidents of corruption during the period under review

G4-SO6

Total value of political contributions by country and recipient/beneficiary

 

Posti Group does not support any political parties or institutions

G4-SO7

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

 

The Finnish Competition and Consumer Authority's decision on June 25, 2014, on the matter in which Posti was suspected of misusing its dominant market position in the delivery of unaddressed direct marketing. It was stated that Posti has not violated the Finnish Competition Act. The hearing of the matter will continue in the Market Court and the District Court of Helsinki

G4-SO8

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

 

No significant fines or sanctions during the reporting period

G4-SO9

Percentage of new suppliers that were screened using criteria for impacts on society

Sourcing policy  

 

G4-PR2

Total number of incidents of non-compliance with regulations and voluntary codes concerning the health and safety impacts of products and services during their life cycle, by type of outcomes

Board of Directors’ Report

None during the period under review

G4-PR5

Results of surveys measuring customer satisfaction

Customer promises

Indicators and goals

 

G4-PR7

Total number of incidents of non-compliance with regulations and voluntary codes concerning marketing communications, including advertising, promotion, and sponsorship, by type of outcomes

 

None during the period under review

G4-PR8

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

Risks

Customers

 

G4-PR9

Monetary value of significant fines for non-compliance with laws and regulations concerning the provision and use of products and services

 

No significant fines or sanctions during the reporting period