GRI index

The scope of the GRI G4 guidelines that Sponda uses in this report is Core.

The report presents the General Standard Disclosures according to the GRI G4 guidelines as well as Specific Standard Disclosures, namely disclosures concerning the management approach and environmental responsibility indicators.

The Specific Standard Disclosures are reported in accordance with the GRI G4 Core requirements for aspects that are identified as material. 

GRI Content Index

           
Code GRI Standard Disclosures (G4) Included Location in the Annual Report External assurance Pursuant to EPRA recommendation* Global Compact Comments
General Standard Disclosures            
  Strategy and Analysis            
G4-1 Statement from the President and CEO Yes Chief Executive’s Review        
G4-2 Key impacts, risks and opportunities Yes Strategy; Risk management; Responsibility priorities        
  Organisational Profile            
G4-3 Name of reporting organisation  Yes Sponda        
G4-4 Primary brands, products and services  Yes Sponda, Business units in brief        
G4-5 Location of the organisation’s headquarters Yes Contact details        
G4-6 Number of countries where the organisation operates, and names of countries where either the organisation has significant operations or that are specifically relevant to the sustainability topics covered in the report Yes Business units in brief, Supply chain        
G4-7 The nature of ownership and legal form  Yes Corporate Governance, Shares and shareholders        
G4-8 Markets served Yes Business units in brief        
G4-9 Scale of the organisation  Yes Investing in employees, Key figures        
G4-10 Number of employees by employment contract and gender Yes Investing in employees     Yes  
G4-11 Percentage of total employees covered by collective bargaining agreements Yes Investing in employees     Yes  
G4-12 The organisation’s supply chain Yes Supply chain        
G4-13 Significant changes during the reporting period regarding the organisation’s size, structure, ownership, or its supply chain Yes Report by the Board of Directors, Strategy        
G4-14 Whether and how the precautionary approach or principle is addressed by the organisation  Yes Risk management, Report by the Board of Directors        
G4-15 Externally developed charters, principles or other initiatives to which the organisation subscribes or which it endorses Yes Energy and environmental efficiency, Managing responsibility, Taking the industry forward, Transparent and ethical operations        
G4-16 Memberships of associations and national or international advocacy organisations Yes Taking the industry forward        
  Identified Material Aspects and Boundaries            
G4-17 List of all entities included in the organisation’s consolidated financial statements Yes Scope of reporting, Financial statements        
G4-18 The process of defining the report content and the Aspect Boundaries Yes Scope of reporting, Materiality analysis        
G4-19 Material Aspects Yes Responsibility priorities, Materiality analysis, Scope of reporting        
G4-20 For each material Aspect, the Aspect Boundaries within the organisation Yes Scope of reporting        
G4-21 For each material Aspect, the Aspect Boundaries outside of the organisation Yes Scope of reporting        
G4-22 Effect of any restatements of information provided in previous reports Yes Scope of reporting        
G4-23 Significant changes from previous reporting periods in the Scope and Aspect Boundaries Yes Scope of reporting        
  Stakeholder Engagement            
G4-24 List of stakeholder groups engaged by the organisation Yes Sponda’s stakeholders        
G4-25 Basis for identification and selection of stakeholders with whom to engage Yes Sponda’s stakeholders       Stakeholders were reviewed in conjunction with the Materiality Analysis conducted in 2014.
G4-26 The organisation’s approach to stakeholder engagement Yes Sponda’s stakeholders        
G4-27 Key topics and concerns that have been raised through stakeholder engagement Yes Sponda’s stakeholders, Materiality analysis, Enhancing the customer experience        
  Report Profile            
G4-28 Reporting period Yes Scope of reporting        
G4-29 Date of most recent previous report Yes Scope of reporting        
G4-30 Reporting cycle Yes Scope of reporting        
G4-31 Contact point for questions regarding the report or its contents Yes Contact details        
G4-32 GRI Content Index Yes GRI Index        
G4-33 The organisation’s policy and current practice with regard to seeking external assurance for the report Yes Scope of reporting, GRI Index, Assurance report       Certain energy and emissions data in Finnish has been assured by an independent third party.
  Governance            
  Governance structure and composition            
G4-34 Governance structure of the organisation, including committees of the highest governance body Yes Board of Directors, Board committees and working groups, Executive Board        
G4-38 Composition of the highest governance body and its committees Yes Board of Directors        
G4-39 Whether the Chair of the highest governance body is also an executive officer Yes Board of Directors        
G4-41 Processes for the highest governance body to ensure conflicts of interest are avoided and managed  Yes Board of Directors        
  Highest governance body’s role in setting purpose, values and strategy            
G4-42 Highest governance body’s role in the setting the organisation’s purpose, values and strategy Yes Duties of the Board of Directors        
  Highest governance body’s role in risk management            
G4-45 The highest governance body’s role in the identification and management of risks Yes Risks and risk management        
G4-46 The highest governance body’s role in reviewing the effectiveness of the organisation’s risk management processes Yes Risks and risk management        
G4-47 Frequency of the highest governance body’s review of risks Yes Risks and risk management        
  Highest governance body’s role in sustainability reporting            
G4-48 The highest committee or position that formally reviews and approves the organisation’s sustainability report Yes         The company’s senior management reviews and approves the report.
  Remuneration and incentives            
G4-51 Remuneration policies for the highest governance body and senior executives Yes Remuneration and other financial benefits paid to the Board of Directors        
  Ethics and Integrity            
G4-56 The organisation’s values, principles, standards and norms of behaviour Yes Strategy; Vision and strengths; Managing responsibility, Transparent and ethical operations     Yes  
G4-57 Internal and external mechanisms for seeking advice on ethical and lawful behaviour   Investing in employees, Transparent and ethical operations     Yes  
G4-58 Internal and external mechanisms for reporting concerns about unethical or unlawful behaviour   Investing in employees, Transparent and ethical operations     Yes  
Specific Standard Disclosures
Specific Standard Disclosures are reported for identified Material Aspects
Code              
  Management Approach            
  Disclosures on Management Approach (DMA) Yes Managing responsibility, Responsibility priorities        
  Economic responsibility            
  Economic performance            
G4-EC1 Direct economic value generated and distributed Yes Tax footprint, Cash flows between stakeholders        
G4-EC2 Financial implications and other risks and opportunities for the organisation’s activities due to climate change Yes Spondability, Energy and environmental efficiency, Risk management, Value chain       The implications of climate change are assessed as part of Sponda’s regular risk assessment
  Indirect Economic Impacts            
G4-EC7 Development and impact of infrastructure investments and services supported Yes Property locations       Sponda has no assessment programmes related to the needs of local communities.
G4-EC8 Significant indirect economic impacts, including the extent of impacts Partially Sponda’s stakeholders, Tax footprint, Taking the industry forward, Transparency in operations       The extent of impacts has not been specified.
  Environmental responsibility            
  Energy            
G4-EN3 Energy consumption within the organisation Yes Energy and environmental efficiency, Key figures, Scope of reporting; Calculation principles for environmental reporting Yes, assurance report Yes: Elec-Abs, DH&C-Abs, Fuels-Abs Yes Sponda did not have any energy production or fuel consumption of its own during the reporting period.
G4-EN5 Energy intensity Yes Energy and environmental efficiency; Energy consumption and energy sources, Scope of reporting; Calculation principles for environmental reporting Yes, assurance report Yes: Elec-LfL,DH&C-LfL, Fuels-LfL Yes Energy intensity refers to the energy consumption of Sponda-owned properties in proportion to gross floor area.
CRE 1 Building energy intensity  Yes Energy and environmental efficiency; Energy consumption and energy sources   Yes, Energy-Int   G4 Construction and Real Estate Sector Disclosures
G4-EN6 Reduction of energy consumption Yes Property development in 2015, Energy and environmental efficiency; Energy consumption and energy sources; Energy efficiency programme and environmental partners Yes, assurance report   Yes Includes the reduction in energy consumption achieved through Sponda's Energy efficiency programme The monetary savings achieved through energy conservation measures are not reported.
G4-EN7 Reductions in energy requirements of products and services Yes Energy and environmental efficiency, Energy efficiency programme and environmental partners Yes, assurance report   Yes Includes the reduction in energy consumption achieved through Sponda's Environmental Partnership Programme compared to the previous year. Covers Sponda’s environmental partners in 2015.
  Water            
G4-EN8 Total water withdrawal by source Yes Energy and environmental efficiency; Energy consumption and energy sources, Key figures   Yes: Water-Abs, Water-LfL Yes  
CRE 2 Water intensity Yes Energy and environmental efficiency; Energy consumption and energy sources   Yes: Water-Int   G4 Construction and Real Estate Sector Disclosures
  Emissions            
G4-EN15 Direct greenhouse gas (GHG) emissions (scope 1) Yes Energy and environmental efficiency; Energy consumption and energy sources; Carbon footprint, Scope of reporting; Calculation principles for environmental reporting Yes, assurance report Yes: GHG-Dir-Abs, GHG-Dir-LfL Yes Sponda did not have any direct greenhouse gas emissions during the reporting period. 
G4-EN16 Energy indirect greenhouse gas (GHG) emissions (scope 2) Yes Energy and environmental efficiency; Energy consumption and energy sources; Carbon footprint, Key figures, Scope of reporting; Calculation principles for environmental reporting Yes, assurance report Yes: GHG-Indir-Abs Yes Based on the emission factors reported by energy companies. For emissions in Russia, the IEA three-year country-specific average 2011–2013 was used.
G4-EN17 Other indirect greenhouse gas (GHG) emissions (scope 3) Yes Energy and environmental efficiency; Energy consumption and energy sources; Carbon footprint, Scope of reporting; Calculation principles for environmental reporting Yes, assurance report   Yes Covers carbon dioxide emissions during the reporting period.
G4-EN18 Greenhouse gas (GHG) emissions intensity Yes Energy and environmental efficiency; Energy consumption and energy sources; Carbon footprint, Scope of reporting; Calculation principles for environmental reporting Yes, assurance report Yes: GHG-Indir-LfL Yes Greenhouse gas emissions intensity refers to the greenhouse gas emissions caused by the energy consumption (Scope 2) of Sponda-owned properties in proportion to gross floor area.
CRE3 Greenhouse gas intensity of building’s energy consumption  Yes Energy and environmental efficiency; Energy consumption and energy sources; Carbon footprint   Yes: GHG-Int   G4 Construction and Real Estate Sector Disclosures
G4-EN19 Reduction of greenhouse gas (GHG) emissions Yes Energy and environmental efficiency; Energy consumption and energy sources; Carbon footprint; Energy efficiency programme and environmental partners Yes, assurance report   Yes Includes the reduction in carbon dioxide emissions achieved through Sponda's Environmental partnership programme (Scope 2). Covers Sponda’s environmental partners in 2015.
  Effluents and Waste            
G4-EN23 Total weight of waste by type and disposal method Yes Energy and environmental efficiency; Waste management, Key figures   Yes: Waste-Abs, Waste-LfL Yes  
  Products and Services            
G4-EN27 Extent of impact mitigation of environmental impacts of products and services Yes Energy and environmental efficiency; Energy efficiency programme and environmental partners     Yes  
  Supplier Environmental Assessment            
G4-EN32 Percentage of new suppliers that were screened using environmental criteria Partially Supply chain, Transparent and ethical operations       The significance of environmental responsibility and environmental responsibility in Sponda’s procurement practices are described.
  Social responsibility            
  Labour practices and decent work            
  Employment            
G4-LA1 Total number and rates of new employee hires and employee turnover by age group, gender and region Yes Investing in employees     Yes  
  Occupational Health and Safety            
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 Yes Investing in employees       An accurate breakdown cannot be provided due to the small number
  Training and Education            
G4-LA9 Average hours of training per year per employee by gender, and by employee category Yes Investing in employees        
G4-LA10 Programmes for skills management and lifelong learning that support the continued employability of employees and assist them in managing career endings Yes Investing in employees       If an employment relationship is terminated on the employer’s initiative
for a reason deriving from the employer, the employee is offered the opportunity to participate
in employment search training and career counselling. 
G4-LA11 Percentage of employees receiving regular performance and career development reviews, by gender and by employee category Yes Investing in employees     Yes All of Sponda’s personnel are covered by performance reviews.
  Diversity and Equal Opportunity            
G4-LA12 Composition of governance bodies and breakdown of employees per employee category according to gender, age group, minority group membership and other indicators of diversity Yes Board of Directors, Executive Board, Management and personnel, Investing in employees     Yes  
  Equal Remuneration for Women and Men            
G4-LA13 Ratio of basic salary and remuneration of women to men by employee category, by significant locations of operation Yes Investing in employees     Yes  
  Supplier Assessment for Labour Practices            
G4-LA14 Percentage of new suppliers that were screened using labour practices criteria Partially Supply chain, Transparent and ethical operations       Occupational safety practices in Sponda’s procurement procedure are described.
  Human rights            
  Non-discrimination            
G4-HR2 Total hours of employee training on human rights policies or procedures concerning aspects of human rights that are relevant to operations, including the percentage of employees trained   Investing in employees     Yes  
G4-HR3 Total number of incidents of discrimination and corrective actions taken Yes Investing in employees     Yes No incidents of discrimination in the reporting period. 
G4-HR12 Number of grievances about human rights impacts filed, addressed, and resolved through formal grievance mechanisms   Investing in employees     Yes No reported cases during the period. 
  Society            
  Anti-corruption            
G4-SO4 Communication and training on anti-corruption policies and procedures Yes Transparent and ethical operations     Yes  
G4-SO5 Confirmed incidents of corruption and actions taken Yes       Yes No incidents of corruption in 2015
  Supplier Assessment for Impacts on Society            
G4-SO9 Percentage of new suppliers that were screened using criteria for impacts on society Partially Supply chain, Responsible management of the subcontracting chain       Sponda’s procurement procedures and practices concerning the prevention of the grey economy and financial crime are described.
  Product responsibility            
  Customer Health and Safety            
G4-PR1 Percentage of significant product and service categories for which health and safety impacts are assessed for improvement Yes Enhancing the customer experience        
  Product and Service Labelling            
G4-PR5 Results of surveys measuring customer satisfaction Yes Enhancing the customer experience, Key figures        
CRE 8 Certificates Yes Responsibility targets and results, Energy and environmental efficiency   Yes, Cert-Tot   G4 Construction and Real Estate Sector Disclosures