Reporting of corporate responsibility

This report contains the basic features of the GRI Standards responsibility reporting guidelines. The report covers the economic, social, and environmental impacts of Finnvera plc’s own operations for the financial period 1 January–31 December 2017. Compared against the previous years, no significant changes have taken place in the data, scope, or calculation limits of the report. Finnvera reports on responsibility annually; the previous report was released in March 2017. The report has not been subject to external assurance.

Additional information: Communications Manager Tiina Riippa: tiina.riippa@finnvera.fi

GRI Standards Content Index
       
Disclosure   Location Comments
GRI 102 General Disclosures
       
Organisaatio
102-1 Name of the organization This is Finnvera  
102-2 Activities, brands, products, and services This is Finnvera
Financial services
 
102-3 Location of headquarters Contact info  
102-4 Location of operations Financial services  
102-5 Ownership and legal form Corporate governance  
102-6 Markets served Clients  
102-7 Scale of the organization Business operations
Strategy and goals
Financial statements
 
102-8 Information on employees and other workers Impacts of Finnvera's own operations: Personnel and the environment  
102-9 Supply chain Impacts of Finnvera's own operations: Personnel and the environment  
102-10 Significant changes to the organization and its supply chain GRI Standards content index No significant changes.
102-11 Precautionary Principle or approach Corporate governance  
102-12 External initiatives Responsible financing  
102-13 Membership of associations Responsible financing  
Strategy
102-14 Statement from senior decision-maker CEO's review  
102-15 Key impacts, risks, and opportunities Strategy and goals
Corporate governance
Operating environment
 
Ethics and integrity
102-16 Values, principles, standards, and norms of behavior Corporate governance  
102-17 Mechanisms for advice and concerns about ethics Corporate responsibiity at Finnvera  
Governance
102-18 Governance structure Corporate governance  
102-22 Composition of the highest governance body and its committees Corporate governance All Board members are independent.
102-23 Chair of the highest governance body Corporate governance The Chairman of the Board is independent of the executive management.
102-24 Nominating and selecting the highest governance body Corporate governance  
102-35 Remuneration policies Financial statements Reported in part.
Stakeholder engagement
102-40 List of stakeholder groups Cooperation with stakeholders  
102-41 Collective bargaining agreements Impacts of Finnvera's own operations: Personnel and the environment  
102-42 Identifying and selecting stakeholders Cooperation with stakeholders  
102-43 Approach to stakeholder engagement Cooperation with stakeholders  
102-44 Key topics and concerns raised Cooperation with stakeholders  
Reporting practice
102-45 Entities included in the consolidated financial statements Financial statements  
102-46 Defining report content and topic Boundaries Corporate responsibiity at Finnvera  
102-47 List of material topics Corporate responsibiity at Finnvera  
102-48 Restatements of information GRI Standards content index No restatements.
102-49 Changes in reporting GRI Standards content index No significant changes.
102-50 Reporting period Reporting of corporate responsibility  
102-51 Date of most recent report Reporting of corporate responsibility  
102-52 Reporting cycle Reporting of corporate responsibility  
102-53 Contact point for questions regarding the report Reporting of corporate responsibility  
102-54 Claims of reporting in accordance with the GRI Standards GRI Standards content index  
102-55 GRI content index GRI Standards content index  
102-56 External assurance Reporting of corporate responsibility  
GRI 103 Management approach
103-1 Explanation of the material topic and its Boundary GRI Standards content index Boundary is Finnvera.
103-2 The management approach and its components Finnvera's role in society
Responsible financing
Cooperation with stakeholders
Impacts of own operations: Personnel and the environment
 
103-3 Evaluation of the management approach Finnvera's role in society
Responsible financing
Cooperation with stakeholders
Impacts of own operations: Personnel and the environment
 
Economic standards
GRI 201 Economic performance
201-1 Direct economic value generated and distributed Strategy and goals
Finnvera's role in society
 
201-4 Financial assistance received from government Financial statements  
GRI 203 Indirect economic impacts
203-2 Significant indirect economic impacts Strategy and goals
Finnvera's role in society
 
Own disclosure Jobs created, growth, internationalisation, exports Strategy and goals
Finnvera's role in society
 
GRI 205 Anti-corruption
205-2 Communication and training about anti-corruption policies and procedures Impacts of Finnvera's own operations: Personnel and the environment  
GRI 206 Anti-competitive behavior
206-1 Legal actions for anti-competitive behavior, anti-trust, and monopoly practices GRI Standards content index No cases.
Social standards
GRI 401 Employment
401-1 New employee hires and employee turnover Impacts of Finnvera's own operations: Personnel and the environment  
GRI 403 Occupational health and safety
403-2 Types of injury and rates of injury, occupational diseases, lost days, and absenteeism, and number of work-related fatalities Impacts of Finnvera's own operations: Personnel and the environment  
GRI 404 Training and education
404-1 Average hours of training per year per employee Impacts of Finnvera's own operations: Personnel and the environment  
404-2 Programs for upgrading employee skills and transition assistance programs Impacts of Finnvera's own operations: Personnel and the environment  
404-3 Percentage of employees receiving regular performance and career development reviews Impacts of Finnvera's own operations: Personnel and the environment  
GRI 412 Human rights
412-3 Significant investment agreements and contracts that include human rights clauses or that underwent human rights screening Responsible financing Reported in part.
GRI 419 Socioeconomic compliance
419-1 Non-compliance with laws and regulations in the social and economic area GRI Standards content index No cases.
G4 Financial services sector guidelines, product responsibility
G4-FS6 Percentage of the portfolio for business lines by specific region, size, and by sector Clients Reported in part.