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GRI report profile

Reporting follows the GRI G4 guidelines

Since 2000, Kesko has annually reported its corporate responsibility information in accordance with the Global Reporting Initiative (GRI) guidelines for reporting on sustainable development. The GRI report of Kesko’s integrated annual report is prepared in accordance with GRI G4 guidelines and covers the key areas of economic, social and environmental responsibility. In our operations, we apply the AA1000 AccountAbility Principles (stakeholder inclusivity, identification of material aspects and responsiveness to stakeholders). We have divided the GRI report into three sections: responsibility management, GRI index and performance indicators. The report is available in Finnish and English, and the report is published online only.

The scope of the GRI guidelines that Kesko follows in this report is Core. However, the General Standard Disclosures according to the GRI G4 guidelines are presented in a much wider scope than required by the Core option. Specific Standard Disclosures, that is, the disclosures on management approach and indicators, are made with respect to the material aspects for Kesko. However, indicators are reported in a much wider scope than required by the Core option. A comparison of the contents of the report and the GRI G4 guidelines is given in the GRI index.

Assurance of reporting

An independent third party, PricewaterhouseCoopers Oy, has provided assurance for the performance indicators concerning economic, social and environmental responsibility in the Finnish-language GRI report. The congruence between responsibility information presented in the Finnish and English versions has been checked.

The conclusions, observations and recommendations by PricewaterhouseCoopers Oy are detailed in the assurance report. The assurance is commissioned by the operative management of Kesko Corporation.

Global Compact reporting

The report describes Kesko’s progress on the 10 principles of the Global Compact initiative. The GRI index shows which indicators have been used for evaluating performance in fulfilling human rights, labour rights, environment principles and anti-corruption principles.

Report stakeholders

Many stakeholders use the report as their source of information when assessing Kesko’s results in various areas of responsibility. The most important target groups of the report include investors, shareholders, analysts and rating agencies, as well as society (the media, authorities, NGOs and other organisations, and trade unions). In the report, we also aim to take into account Kesko’s other important stakeholders: retailers, employees, potential employees, suppliers and service providers, and customers.

Reporting period and contact information

This report is about the progress and results of responsibility work in 2015. It includes some information from January to March 2016.

The report for 2014 was published in March 2015, and the report for 2016 will be published in the spring of 2017.

Further information on the topics covered in the report can be obtained from Kesko’s contact people.