Citycon’s Annual and Sustainability Report 2011 published

Stock exchange releases - 17 February 2012


 Citycon Oyj's combined Annual and Sustainability Report 2011 has been published in Finnish and English today. The report also includes the Financial Statements and the Report by the Board of Directors for the financial year 2011, published on 8 February 2012.

 

 The Annual and Sustainability Report is divided into five main sections: Promise, Business Units and Property Portfolio, Sustainability, Facts and Figures as well as the Financial Statements. Each section forms its own entity. To ease reading, key indicator tables from all sections have been gathered in one place on pages 79–94 under the Facts and Figures section.

 

 Citycon’s third Sustainability Report describes the company’s economic, social and environmental responsibility with respect to its various stakeholders. In its sustainability reporting Citycon applies the Global Reporting Initiative’s (GRI) new Construction and Real Estate Sector Supplement (CRESS) recommendations including guidelines on the content of sustainability reporting and reporting principles. In the reporting of environmental responsibility Citycon applies also EPRA’s Best Practices Recommendations on Sustainability Reporting. Both guidelines were published in September 2011.

 

 New disclosures in the Annual and Sustainability Report and the Financial Statements include:

 

 Annual and Sustainability Report

 - Corporate executives’ forward-looking greetings at the beginning of each section, p. 1, 16–17, 42, 76

 - Citycon’s year 2011 on a time line, p. 2–3

 - More detailed strategy and KPI chapter, p. 4–7

 - Tables of economic and environmental responsibility, p. 88–92

 - Property portfolio key figures divided by property type, p. 79–81

 

 Financial Statements

 - Description of each EPRA Performance Measure, p. 15–19

 - CFO’s comments on the development of all EPRA Performance Measures, p. 15–19

 - Five year segment information, p. 49

 

 The Annual and Sustainability Report is attached  to this release and it is also available on the corporate website www.citycon.com. Unlike announced earlier, the printed version of the report will be published in week 10 and it can be ordered by sending an e-mail to info@citycon.fi.

 

 Helsinki, 17 February 2012

 

 CITYCON OYJ

 Marcel Kokkeel

 CEO

 

 For further information, please contact:

 Eero Sihvonen, Executive VP and CFO

 Tel +358 20 766 4459 or +358 50 557 9137

 eero.sihvonen@citycon.fi

 

 Kirsi Borg, Vice President, Sustainability

 Tel +358 20 766 4408 or +358 40 557 6526

 kirsi.borg@citycon.fi

 

 Distribution:

 NASDAQ OMX Helsinki

 Major media

 www.citycon.fi

  

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