GRI tables

Our GRI Tables work as a reference tool to help readers locate relevant information across our 2018 reports and webpages. From the tables below you can find the information relevant to the Global Reporting Initiative (GRI) and the European Public Real Estate Association Sustainability Best Practices Recommendations (EPRA sBPR) reporting frameworks. Selected key sustainability indicators have been assured by Ernst & Young Oy and have been marked in the GRI Tables.

Location abbreviations:
FR: Financial review
SA: Sustainability accounts
CGS: Corporate governance statement

General disclosures
GRI Standards EPRA Sustainability BPR Content Location Comments Limited assurance Coverage % (EPRA sBPR)
Organisation
102-1 Name of the organization

SA, front cover

102-2 Activities, brands, products, and services

FR, p. 4, 8-9

102-3 Location of headquarters

back cover

102-4 Location of operations

FR, p. 4

102-5 Ownership and legal form

CGS, p. 3, FR p. 39

102-6 Markets served

FR, p. 4, https://www.citycon.com/shopping-centres

102-7 Scale of the organization

SA, p. 37, FR p. 4, 45-46

102-8 Information on employees and other workers

SA, p. 37

Reported partly.

102-9 Supply chain

FR, p.8-9, https://www.citycon.com/about-us/citycon-strategy-review

102-10 Significant changes to the organization and its supply chain

FR, p. 10, 86-88, GRI content index

No significant changes in the supply chain.

102-11 Precautionary Principle or approach

SA, p. 5, CGS, p. 11-12, FR, p. 37-38

102-12 External initiatives

SA, p. 30

102-13 Membership of associations

SA, p. 10

Strategy
102-14 Statement from senior decision-maker

SA, p. 3-4

Yes
102-15 Key impacts, risks, and opportunities

SA, p. 8-9, FR, p. 37-38

Yes
Ethics and integrity
102-16 Values, principles, standards, and norms of behavior

SA, p. 19-20

102-17 Mechanisms for advice and concerns about ethics

SA, p. 20

Governance
102-18 Governance structure

CGS, p. 3, 8-9

102-19 Delegating authority

CGS, p. 9

102-20 Executive-level responsibility for economic, environmental, and social topics

CGS, p. 9-10, GRI content index

CEO and COO are responsible for the day-to-day management of the company, which includes economic, environmental and social topics. CEO regularly reports to the board.

102-21 Consulting stakeholders on economic, environmental, and social topics

CGS, p. 13, GRI content index

Stakeholder consultation is carried out in shareholders general meetings, expert panels as well as different surveys to tenants, personnel, and investors. Material results from surveys reported to the board.

102-22 Gov-Board Composition of the highest governance body and its committees

CGS, p. 4 - 6

102-23 Chair of the highest governance body

CGS, p. 5, 9

102-24 Gov-Select Nominating and selecting the highest governance body

CGS, p. 4

102-25 Gov-Col Conflicts of interest

CGS, p. 14

102-28 Evaluating the highest governance body’s performance

CGS, p. 7

Reported partly.

102-29 Identifying and managing economic, environmental, and social impacts

CGS, p. 11, FR, p. 37-38

102-30 Effectiveness of risk management processes

CGS, p. 8, https://www.citycon.com/investors/corporate-governance/board-of-directors/board-committees

102-31 Review of economic, environmental, and social topics

CGS, p. 7

102-32 Highest governance body’s role in sustainability reporting

GRI content index

CEO reviews and approves sustainability report.

102-33 Communicating critical concerns

CGS, p. 13, Disclosure policy

https://www.citycon.com/investors/corporate-governance/disclosure-policy

102-34 Nature and total number of critical concerns

SA, p. 20, GRI content index

All good faith concerns can be reported through Citycon's whistleblowing line. https://www.citycon.com/sustainability/code-of-conduct/report-a-violation-page-en No major critical conserns reported during 2018.

102-35 Remuneration policies

www.citycon.com/remuneration

102-36 Process for determining remuneration

CGS, p. 9, www.citycon.com/remuneration

102-37 Stakeholders’ involvement in remuneration

www.citycon.com/remuneration

Stakeholder engagement
102-40 List of stakeholder groups

SA, p. 8

Yes
102-41 Collective bargaining agreements

GRI content index

Personnel is not covered by collective bargaining agreements.

102-42 Identifying and selecting stakeholders

SA, p. 8

102-43 Approach to stakeholder engagement

SA, p. 8, 10, 15-17

102-44 Key topics and concerns raised

SA, p. 8-9, 10, 16-17

Yes
Reporting practice
102-45 Entities included in the consolidated financial statements

FR, p. 86-88

102-46 Defining report content and topic Boundaries

SA, p. 8, 22

Yes
102-47 List of material topics

SA, p. 7, 9

Yes
102-48 Restatements of information

SA, p. 22-23

Yes
102-49 Changes in reporting

SA, p. 22-23

Yes
102-50 Reporting period

SA, p. 22

102-51 Date of most recent report

GRI content index

23.2.2018

102-52 Reporting cycle

SA, p. 22

Yes
102-53 Contact point for questions regarding the report

GRI content index

Sustainability Analyst, wilhelm.ehrnrooth (at) citycon.com

102-54 Claims of reporting in accordance with the GRI Standards

SA, p. 2, 22

Yes
102-55 GRI content index

https://www.citycon.com/sustainability/gri-tables

Yes
102-56 External assurance

SA, p. 22, GRI Content Index

Yes
GRI 103: Management approach
103-1 Explanation of the material topic and its Boundary

SA, p. 22-23, 8-9

Yes
103-2 The management approach and its components

SA, p. 5, 7, https://www.citycon.com/management-approach

Yes
103-3 Evaluation of the management approach

https://www.citycon.com/management-approach

Yes
Economic standards
GRI Standards EPRA Sustainability BPR Content Location Comments Limited assurance Coverage % (EPRA sBPR)
GRI 201: Economic performance
201-1 Direct economic value generated and distributed

SA, p. 39-40

201-2 Financial implications and other risks and opportunities due to climate change

FR, P. 38, https://www.citycon.com/sustainability/environment/climate-change

Reported partly.

201-3 Defined benefit plan obligations and other retirement plans

GRI content index

The company acts in accordance with legislation, not reported separately.

201-4 Financial assistance received from government

GRI content index

Received subsidies amount to 0.019 MEUR for Finland and 0.713 MEUR for Norway.

GRI 203: Indirect economic impacts
203-2 Significant indirect economic impacts

FS, p. 9

Reported partly.

GRI 205: Anti-corruption
205-1 Operations assessed for risks related to corruption

GRI content index

No assessments. Citycon Code of Conduct is applied in all significant business relationships.

205-2 Communication and training about anti-corruption policies and procedures

SA, p. 20

205-3 Confirmed incidents of corruption and actions taken

SA, p. 20

No cases in 2018.

GRI 206: Anti-competitive behavior
206-1 Legal actions for anti-competitive behavior, anti-trust, and monopoly practices

GRI content index

No cases in 2018.

Environmental standards
GRI Standards EPRA Sustainability BPR Content Location Comments Limited assurance Coverage % (EPRA sBPR)
GRI 302: Energy
302-1 Elec‑Abs, DH&C‑Abs, Fuel‑Abs Elec‑LfL DH&C‑LfL Fuels‑LfL Energy consumption within the organization

SA, p. 24-26

Yes 97, lfl 100
302-4 Reduction of energy consumption

SA, p. 12-13, 24

Yes
302-5 Reductions in energy requirements of products and services

SA, p. 24-26

Yes
CRE 1 Energy-Int Building energy intensity

SA, p. 24

Yes 97
GRI 303: Water
303-5 Water‑Abs; Water‑LfL Water consumption

SA, p. 21, 32, 23

Yes 97, lfl 100
CRE2 Water-Int Building water intensity

SA, p. 32

Yes 97
GRI 304: Biodiversity
304-1 Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas

SA, p. 11

Reported partly.

Yes
GRI 305: Emissions
305-1 GHG-Dir-Abs; GHG-Dir-LfL Direct (Scope 1) GHG emissions

SA, p. 12-13, 23, 27-29

Yes 97, lfl 100
305-2 GHG-Indir-Abs; GHG-Indir-LfL Energy indirect (Scope 2) GHG emissions

SA, p. 12-13, 23, 27-29

Yes 97, lfl 100
305-3 GHG-Indir-Abs Other indirect (Scope 3) GHG emissions

SA, p. 12-13, 23, 27-29

Yes 97, lfl 100
305-5 Reduction of GHG emissions

SA, p. 12-13, 27-29

Yes
CRE 3 GHG‑Int Greenhouse gas emissions from buildings

SA, p. 28

Yes 97, lfl 100
GRI 306: Effluents and waste
306-1 Water discharge by quality and destination

GRI content index

Waste water and rain water is led to municipal sewer systems.

Yes
306-2 Waste‑Abs; Waste l‑f‑l Waste by type and disposal method

SA, p. 33-36

Yes 97, lfl 100
306-3 Significant spills

GRI content index

No spills in 2018.

GRI 307: Environmental compliance
307-1 Non-compliance with environmental laws and regulations

GRI content index

No cases in 2018.

GRI 308: Supplier environmental assessment
308-1 New suppliers that were screened using environmental criteria

GRI content index

No assessments. Citycon Code of Conduct is applied in all significant business relationships.

Social Standards
GRI Standards EPRA Sustainability BPR Content Location Comments Limited assurance Coverage % (EPRA sBPR)
GRI 401: Employment
401-1 Emp-Turnover New employee hires and employee turnover

SA, p. 37

New employee hires are not reported by age group and region, due to the relatively small number of employees.

401-3 Parental leave

SA, p. 37

Reported partly.

GRI 402: Labor/ management relations
402-1 Minimum notice periods regarding operational changes

GRI content index

Citycon complies with local legislation and regulations. Statutory negotiations between the employer and employees take place within a co–operation group. Employee representatives are elected for a term of two years at a time. The group discusses matters affecting the entire personnel.

GRI 403: Occupational health and safety
403-1 (2016) Workers representation in formal joint management–worker health and safety committees

GRI content index

Co–operative occupational safety committee in Finland. Matters discussed include issues related to health and safety, and well–being in the workplace. Reported partly.

403-2 (2016) H&S-Emp Types of injury and rates of injury, occupational diseases, lost days, and absenteeism, and number of work-related fatalities

SA, p 37

GRI 404: Training and education
404-2 Programs for upgrading employee skills and transition assistance programs

SA, p. 18-19

Reported partly.

404-3 Emp-Dev Percentage of employees receiving regular performance and career development reviews

SA, p. 18-19, GRI content index

In accordance to our HR strategy all employees partake in annual performance reviews.

GRI 405: Diversity and equal opportunity
405-1 Diversity-emp Diversity of governance bodies and employees

SA, p. 38 CGS, p. 5-6, 8

GRI 406: Non-discrimination
406-1 Incidents of discrimination and corrective actions taken

GRI content index

No cases in 2018.

GRI 407: Freedom of association and collective bargaining
407-1 Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk

GRI content index

No such risks in operating areas.

GRI 410: Security practices
410-1 Security personnel trained in human rights policies or procedures

GRI content index

Citycon's Group Security Manager has been trained as well as other relevant personnel. Reported partly.

GRI 412: Human rights assessment
412-3 Significant investment agreements and contracts that include human rights clauses or that underwent human rights screening

GRI content index

No such risks in operating areas.

GRI 413: Local communities
413-1 Comty-Eng, H&S Asset Operations with local community engagement, impact assessments, and development programs

SA, p. 16-17

Reported partly.

GRI 414: Supplier social assessment
414-1 New suppliers that were screened using social criteria

GRI content index

No screenings. Citycon’s Business Code of Conduct applied to all material business relationships.

GRI 415: Public policy
415-1 Political contributions

SA, p. 17

GRI 416: Customer health and safety
416-2 H&S-Comp Incidents of non-compliance concerning the health and safety impacts of products and services

GRI content index

No incidents of non-compliance with regulations or voluntary codes.

CRE 8 Cert-tot Sustainable development certificates

SA, p. 30

Yes 100
GRI 417: Marketing and labelling
417-3 Incidents of non-compliance concerning marketing communications

GRI content index

No incidents in 2018.

GRI 418: Customer privacy
418-1 Substantiated complaints concerning breaches of customer privacy and losses of customer data

GRI content index

No complaints in 2018.

GRI 419: Socioeconomic compliance
419-1 Non-compliance with laws and regulations in the social and economic area

GRI content index

No non-compliances according to our knowledge.

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