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

GRI index

GRI Content Index