UPM annual report 2014

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UPM Annual Report 2014 UPM Annual Report 2014 57 58
CONTENTS
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
AR = Annual Report 2014
• Fully reported
Partially reported
Profile Location Level
1. STRATEGY AND ANALYSIS
1.1 CEO’s statement AR Pages 3–4 •
1.2 Key impacts, risks and opportunities AR Pages 7–8, 14, 48 •
2. ORGANISATIONAL PROFILE
2.1 Name of the organisation AR Page 85 •
2.2 Primary brands, products and services AR Pages 1–2 •
2.3 Operational structure AR Pages 10, 117 •
2.4 Location of organization’s headquarters AR Page 144 •
2.5 Number of countries and locations of operations AR Pages 141–142 •
2.6 Nature of ownership and legal form AR Page 85 •
2.7 Markets served AR Pages 37–38, 95 •
2.8 Scale of the reporting organisation AR Pages 1, 133 •
2.9 Significant changes regarding size, structure or ownership AR Pages 71–72 •
2.10 Awards received in the reporting period AR Pages 10, 11, 45, Ext. GRI*) •
3. REPORT PARAMETERS
Report profile
3.1 Reporting period 1 January 2014–31 December 2014 •
3.2 Date of most previous report 26 February 2014 •
3.3 Reporting cycle Annual •
3.4 Contact point for questions regarding the report or its content AR Page 144 •
Report scope and boundary
3.5 Process for defining report content AR Pages 31–34, 47 •
3.6 Boundary of the report Extended GRI content index •
3.7 Limitations on the scope or boundary of the report Extended GRI content index •
3.8 Basis for reporting subsidiaries, joint ventures and other entities affecting comparability Extended GRI content index •
3.9 Data measurement techniques and the bases of calculations Extended GRI content index •
3.10 Explanation of re-statements Extended GRI content index •
3.11 Significant changes from previous reporting periods in the scope, boundary, or measurement methods Extended GRI content index •
Assurance
3.13 Policy and current practice with regard to seeking external assurance for the report AR Pages 47, 59 •
4. GOVERNANCE
Governance
4.1 Governance structure AR Pages 60–62, Ext. GRI*) •
4.2 Position of the Chairman of the Board Extended GRI content index •
4.3 Independence of the Board members AR Pages 65–66, Ext. GRI*) •
4.4 Mechanisms for shareholder and employee consultation AR Pages 60–61 •
4.5 Executive compensation and linkage to organisation’s performance AR Pages 62–63 •
4.6 Process for avoiding conflicts of interest AR Pages 60–62 •
4.7 Process for determining the Board members’ expertise in strategic management and sustainability AR Pages 60–62, 65–66 •
4.8 Implementation of mission or values statements, Code of Conduct and other principles AR Pages 2, 39, 45–47 •
4.9 Procedures of the Board for overseeing management of sustainability performance, including risk management AR Page 47 •
4.10 Processes for evaluating the Board’s performance AR Pages 61–62 •
Commitments to external initiatives
4.11 Addressing the precautionary approach Extended GRI content index •
4.12 Voluntary charters and other initiatives AR Pages 45–47 •
4.13 Memberships in associations Extended GRI content index •
Stakeholder engagement
4.14 List of stakeholder groups AR Page 34 •
4.15 Identification and selection of stakeholders AR Pages 31–34 •
4.16 Approaches to stakeholder engagement AR Pages 31–34, 37–38 •
4.17 Key topics raised through stakeholder engagement AR Page 34 •
5. PERFORMANCE INDICATORS
ECONOMIC PERFORMANCE
Management approach to economic responsibility AR Pages 13–14, 48, Ext. GRI*) •
EC1 Direct economic value generated and distributed AR Page 36 •
EC2 Financial implications, risks and opportunities due to climate change AR Pages 14, 51
EC3 Coverage of defined benefit plan obligations AR Pages 108–111 •
EC4 Significant subsidies received from government AR Pages 29, 98–99 •
Indirect Economic Impacts
EC9 Understanding and describing significant indirect economic impacts, including the extent of impacts AR Pages 36, 43
Profile Location Level
ENVIRONMENTAL INDICATORS
Management approach to environmental responsibility AR Pages 45–54 •
Materials
EN1 Materials used by weight or volume AR Page 55 •
EN2 Percentage of materials used that are recycled input materials AR Pages 50, 55 •
Energy
EN3 Direct energy consumption AR Pages 52, 55 •
EN4 Indirect energy consumption by primary source AR Page 55
EN5 Energy saved due to conservation and efficiency improvements AR Page 51 •
EN6 Initiatives to provide energy-efficient or renewable energy based products and services AR Pages 29, 32, 51 •
Water
EN8 Total water withdrawal by source AR Page 55 •
EN9 Water sources significantly affected by withdrawal of water Extended GRI content index •
EN10 Percentage and total volume of water recycled and reused Extended GRI content index
Biodiversity
EN11 Location and size of land holdings in biodiversity-rich habitats AR Page 53, Ext. GRI*) •
EN12 Significant impacts on biodiversity in protected areas and biodiversity-rich areas outside protected areas Extended GRI content index •
EN13 Habitats protected or restored Extended GRI content index •
EN14 Managing impacts on biodiversity AR Page 53, Ext. GRI*) •
EN15 Species with extinction risk with habitats in areas affected by operations Extended GRI content index
Emissions, effluents and waste
EN16 Total direct and indirect greenhouse gas emissions AR Pages 52, 56 •
EN17 Other relevant indirect greenhouse gas emissions by weight AR Page 56, Ext. GRI*) •
EN18 Initiatives to reduce greenhouse gas emissions AR Page 51, Ext. GRI*) •
EN20 NOx, SOx and other significant air emissions AR Page 56 •
EN21 Total water discharge by quality and destination AR Page 56, Ext. GRI*) •
EN22 Total amount of waste by type and disposal method AR Page 56 •
EN25 Identity, size, protected status, and biodiversity value of water bodies and related habitats Extended GRI content index
Products and services
EN26 Mitigating environmental impacts of products and services AR Pages 2, 49–50 •
EN29 Significant environmental impacts of transporting products AR Page 40, Ext. GRI*)
EN30 Total environmental protection expenditures and investments by type AR Page 47
SOCIAL INDICATORS
Management approach to social responsibility AR Pages 41–48, Ext. GRI*) •
LABOUR PRACTISES AND DECENT WORK
Employment
LA1 Total workforce by employment type, employment contract and region AR Pages 42–43 •
LA2 Total number and rate of employee turnover by age group, gender and region AR Page 43
Labour/management relations
LA4 Coverage of collective bargaining agreements AR Page 41 •
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 43–44, 139
LA8 Education, training, counseling, prevention, and risk-control AR Page 44
Training and education
LA10 Average hours of training per year per employee AR Page 43
LA11 Programs for skills management and lifelong learning AR Page 41 •
LA12 Employees receiving performance and career development reviews AR Page 41 •
Diversity and equal opportunity
LA13 Composition of governance bodies and breakdown of employees AR Page 43, Ext. GRI*) •
HUMAN RIGHTS
HR2 Percentage of significant suppliers and contractors that have undergone hr screening and actions taken AR Page 39
HR3 Employee training on policies and procedures concerning human rights relevant to operations AR Page 47
HR6 Operations identified as having significant risk for child labour AR Pages 45–47, Ext. GRI*) •
HR7 Operations identified as having significant risk for forced or compulsory labour AR Pages 45–47, Ext. GRI*) •
HR9 Number of incidents involving rights of indigenous people and actions taken AR Page 53, Ext. GRI*) •
SOCIETY
Community
SO1 Assessment and management of impacts of operations on communities AR Page 43
Corruption
SO3 Percentage of employees trained in anti-corruption policies and procedures AR Page 47
SO4 Actions taken in response to incidents of corruption AR Page 33
Public Policy
SO6 Contributions to political parties, politicians and related institutions AR Page 33 •
SO7 Number of legal actions for anti-competitive behaviour, anti-trust, and monopoly practises and their outcomes AR Pages 75–76 •
Compliance
SO8 Significant fines and sanctions for non-compliance with laws and regulations Extended GRI content index •
PRODUCT RESPONSIBILITY
Product and service labelling
PR3 Type of product information required by procedures 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+.
GRI content index
RESPONSIBILITY 45–59