UPM annual report 2014

GRI content index

UPM follows the Global Reporting Initiative’s (GRI) sustainability reporting guidelines (version 3.0) in its corporate responsibility reporting. The reporting meets the GRI requirements for the Application Level B+, which refers to the quantity of indicators. The index below shows how and where the GRI indicators are addressed in the annual report and the company internet pages. An extended version of the GRI content index can be found at www.upm.com/responsibility.

Location

Level

Profile

ENVIRONMENTAL INDICATORS Management approach to environmental responsibility

• • • • • • • • • • • • • • • • • •

AR Pages 45–54

Materials EN1 Materials used by weight or volume

AR Page 55

AR = Annual Report 2014

EN2 Percentage of materials used that are recycled input materials

AR Pages 50, 55

• Fully reported

Energy EN3 Direct energy consumption

AR Pages 52, 55

Partially reported

RESPONSIBILITY 45–59

EN4 Indirect energy consumption by primary source AR Page 55 EN5 Energy saved due to conservation and efficiency improvements AR Page 51

Location

Level

Profile

EN6 Initiatives to provide energy-efficient or renewable energy based products and services

AR Pages 29, 32, 51

1. STRATEGY AND ANALYSIS 1.1 CEO’s statement

Water EN8 Total water withdrawal by source

• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •

AR Pages 3–4

AR Page 55

1.2 Key impacts, risks and opportunities 2. ORGANISATIONAL PROFILE 2.1 Name of the organisation 2.2 Primary brands, products and services

AR Pages 7–8, 14, 48

EN9 Water sources significantly affected by withdrawal of water EN10 Percentage and total volume of water recycled and reused Biodiversity EN11 Location and size of land holdings in biodiversity-rich habitats

Extended GRI content index Extended GRI content index

AR Page 85 AR Pages 1–2

AR Page 53, Ext. GRI*) Extended GRI content index Extended GRI content index AR Page 53, Ext. GRI*) Extended GRI content index

2.3 Operational structure

AR Pages 10, 117

EN12 Significant impacts on biodiversity in protected areas and biodiversity-rich areas outside protected areas

2.4 Location of organization’s headquarters 2.5 Number of countries and locations of operations

AR Page 144

EN13 Habitats protected or restored EN14 Managing impacts on biodiversity

AR Pages 141–142

2.6 Nature of ownership and legal form

AR Page 85

EN15 Species with extinction risk with habitats in areas affected by operations Emissions, effluents and waste EN16 Total direct and indirect greenhouse gas emissions EN17 Other relevant indirect greenhouse gas emissions by weight

2.7 Markets served

AR Pages 37–38, 95

2.8 Scale of the reporting organisation

AR Pages 1, 133 AR Pages 71–72

AR Pages 52, 56

2.9 Significant changes regarding size, structure or ownership

AR Page 56, Ext. GRI*) AR Page 51, Ext. GRI*)

2.10 Awards received in the reporting period

AR Pages 10, 11, 45, Ext. GRI*)

EN18 Initiatives to reduce greenhouse gas emissions EN20 NOx, SOx and other significant air emissions EN21 Total water discharge by quality and destination EN22 Total amount of waste by type and disposal method

3. REPORT PARAMETERS Report profile 3.1 Reporting period

AR Page 56

AR Page 56, Ext. GRI*)

1 January 2014–31 December 2014

AR Page 56

3.2 Date of most previous report

26 February 2014

EN25 Identity, size, protected status, and biodiversity value of water bodies and related habitats

Extended GRI content index

3.3 Reporting cycle

Annual

Products and services EN26 Mitigating environmental impacts of products and services EN29 Significant environmental impacts of transporting products EN30 Total environmental protection expenditures and investments by type

3.4 Contact point for questions regarding the report or its content

AR Page 144

•

AR Pages 2, 49–50 AR Page 40, Ext. GRI*)

Report scope and boundary 3.5 Process for defining report content

AR Pages 31–34, 47

AR Page 47

3.6 Boundary of the report

Extended GRI content index Extended GRI content index Extended GRI content index Extended GRI content index Extended GRI content index Extended GRI content index

SOCIAL INDICATORS Management approach to social responsibility

3.7 Limitations on the scope or boundary of the report

•

AR Pages 41–48, Ext. GRI*)

3.8 Basis for reporting subsidiaries, joint ventures and other entities affecting comparability

LABOUR PRACTISES AND DECENT WORK Employment LA1 Total workforce by employment type, employment contract and region LA2 Total number and rate of employee turnover by age group, gender and region

3.9 Data measurement techniques and the bases of calculations

3.10 Explanation of re-statements

•

AR Pages 42–43

3.11 Significant changes from previous reporting periods in the scope, boundary, or measurement methods

AR Page 43

Assurance 3.13 Policy and current practice with regard to seeking external assurance for the report

Labour/management relations LA4 Coverage of collective bargaining agreements

AR Pages 47, 59

• •

AR Page 41

4. GOVERNANCE Governance 4.1 Governance structure

LA5 Minimum notice period(s) regarding operational changes, including whether it is specified in collective agreements

Extended GRI content index

Occupational health and safety LA7 Injuries, lost days, absentee rates and fatalities

AR Pages 60–62, Ext. GRI*) Extended GRI content index AR Pages 65–66, Ext. GRI*)

AR Pages 43–44, 139

4.2 Position of the Chairman of the Board 4.3 Independence of the Board members

LA8 Education, training, counseling, prevention, and risk-control Training and education LA10 Average hours of training per year per employee LA11 Programs for skills management and lifelong learning LA12 Employees receiving performance and career development reviews Diversity and equal opportunity LA13 Composition of governance bodies and breakdown of employees

AR Page 44

4.4 Mechanisms for shareholder and employee consultation 4.5 Executive compensation and linkage to organisation’s performance

AR Pages 60–61 AR Pages 62–63 AR Pages 60–62

AR Page 43 AR Page 41 AR Page 41

• • •

4.6 Process for avoiding conflicts of interest

4.7 Process for determining the Board members’ expertise in strategic management and sustainability 4.8 Implementation of mission or values statements, Code of Conduct and other principles 4.9 Procedures of the Board for overseeing management of sustainability performance, including risk management

AR Pages 60–62, 65–66 AR Pages 2, 39, 45–47

AR Page 43, Ext. GRI*)

AR Page 47

HUMAN RIGHTS HR2 Percentage of significant suppliers and contractors that have undergone hr screening and actions taken HR3 Employee training on policies and procedures concerning human rights relevant to operations

4.10 Processes for evaluating the Board’s performance Commitments to external initiatives 4.11 Addressing the precautionary approach

AR Pages 61–62

AR Page 39 AR Page 47

Extended GRI content index

• • •

HR6 Operations identified as having significant risk for child labour

AR Pages 45–47, Ext. GRI*) AR Pages 45–47, Ext. GRI*)

4.12 Voluntary charters and other initiatives

AR Pages 45–47

HR7 Operations identified as having significant risk for forced or compulsory labour HR9 Number of incidents involving rights of indigenous people and actions taken SOCIETY Community SO1 Assessment and management of impacts of operations on communities Corruption SO3 Percentage of employees trained in anti-corruption policies and procedures

4.13 Memberships in associations Stakeholder engagement 4.14 List of stakeholder groups

Extended GRI content index

AR Page 53, Ext. GRI*)

AR Page 34

4.15 Identification and selection of stakeholders 4.16 Approaches to stakeholder engagement 4.17 Key topics raised through stakeholder engagement 5. PERFORMANCE INDICATORS ECONOMIC PERFORMANCE Management approach to economic responsibility EC1 Direct economic value generated and distributed

AR Pages 31–34

AR Page 43

AR Pages 31–34, 37–38

AR Page 34

AR Page 47 AR Page 33

SO4 Actions taken in response to incidents of corruption

Public Policy SO6 Contributions to political parties, politicians and related institutions

AR Pages 13–14, 48, Ext. GRI*)

• • •

AR Page 33

AR Page 36

SO7 Number of legal actions for anti-competitive behaviour, anti-trust, and monopoly practises and their outcomes

AR Pages 75–76

EC2 Financial implications, risks and opportunities due to climate change

AR Pages 14, 51 AR Pages 108–111 AR Pages 29, 98–99

Compliance SO8 Significant fines and sanctions for non-compliance with laws and regulations

EC3 Coverage of defined benefit plan obligations EC4 Significant subsidies received from government

Extended GRI content index

PRODUCT RESPONSIBILITY Product and service labelling PR3 Type of product information required by procedures

Indirect Economic Impacts EC9 Understanding and describing significant indirect economic impacts, including the extent of impacts

AR Pages 36, 43

• •

AR Page 49, Ext. GRI*)

PR5 Practises related to customer satisfaction and results of customer satisfaction surveys

AR Pages 37–38, Ext. GRI*)

*) Extended GRI content index

We have self-declared our reporting to be Application Level B+ of the GRI G3 Guidelines. PricewaterhouseCoopers Oy has checked our reporting and has confirmed it to be Application Level B+.

CONTENTS

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UPM Annual Report 2014

UPM Annual Report 2014