GRI table 2021

Our GRI Tables work as a reference tool to help readers locate relevant information across our 2021 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, OPERATING LOCATIONS
IN THE NORDICS, p. 4, HOW WE CREATE VALUE, p. 8
     
102-3   Location of headquarters back cover      
102-4   Location of operations FR, OPERATING LOCATIONS
IN THE NORDICS, p. 4
     
102-5   Ownership and legal form CGS, CITYCON GROUP’S CORPORATE GOVERNANCE
STATEMENT FOR THE FINANCIAL YEAR 2021, p. 3, FR, SHARES AND SHAREHOLDERS, p. 39
     
102-6   Markets served

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

     
102-7   Scale of the organization SA, KEY SUSTAINABILITY INDICATORS p. 39  FR, OPERATING LOCATIONS
IN THE NORDICS, p. 4, CITYCON OYJ’S CONSOLIDATED FINANCIAL STATEMENTS, p. 45-46
     
102-8   Information on employees and other workers SA, KEY SUSTAINABILITY INDICATORS p. 39  FR, REPORT BY THE BOARD OF DIRECTORS, p. 14 Reported partly.    

102-9

  Supply chain SA OTHER CORNERSTONES FOR A SUSTAINABLE SHOPPING CENTRE OPERATOR, p. 23, FR, HOW WE CREATE VALUE, p.8, https://www.citycon.com/about-us/citycon-strategy-review      
102-10   Significant changes to the organization and its supply chain FR, REPORT BY THE BOARD OF DIRECTORS, p. 9, RELATED PARTY TRANSACTIONS AND CHANGES IN GROUP STRUCTURE, p. 86-87, GRI content index No significant changes in the supply chain.    
102-11   Precautionary Principle or approach  CGS, CITYCON GROUP’S CORPORATE GOVERNANCE
STATEMENT FOR THE FINANCIAL YEAR 2021, p. 11-12, FR, RISKS AND RISK MANAGEMENT, p. 37-38
     
102-12   External initiatives SA, STRIVING FOR EXCELLENCE IN ACTION, p. 5, REPORTING PRINCIPLES, METHOLODY AND BOUNDARIES p. 25-26      
102-13   Membership of associations SA, ONGOING DIALOGUE WITH STAKEHOLDERS p. 20      
Strategy            
102-14   Statement from senior decision-maker SA, MESSAGE FROM OUR CEO, p. 4      
102-15   Key impacts, risks, and opportunities SA, PRIORITY MATRIX, p. 18-19, FR, RISKS AND RISK MANAGEMENT, p. 37-38      
Ethics and integrity            
102-16   Values, principles, standards, and norms of behavior SA, OTHER CORNERSTONES FOR A SUSTAINABLE SHOPPING CENTRE OPERATOR  p. 21-22      
102-17   Mechanisms for advice and concerns about ethics SA, OTHER CORNERSTONES FOR A SUSTAINABLE SHOPPING CENTRE OPERATOR, p. 22-23      
Governance            
102-18   Governance structure CGS, CITYCON GROUP’S CORPORATE GOVERNANCE
STATEMENT FOR THE FINANCIAL YEAR 2021, p. 3, 8-9
     
102-19   Delegating authority CGS, CITYCON GROUP’S CORPORATE GOVERNANCE
STATEMENT FOR THE FINANCIAL YEAR 2021, p. 9
     
102-20   Executive-level responsibility for economic, environmental, and social topics CGS, CITYCON GROUP’S CORPORATE GOVERNANCE
STATEMENT FOR THE FINANCIAL YEAR 2021, 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, CITYCON GROUP’S CORPORATE GOVERNANCE
STATEMENT FOR THE FINANCIAL YEAR 2021, 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, CITYCON GROUP’S CORPORATE GOVERNANCE
STATEMENT FOR THE FINANCIAL YEAR 2021, p. 4-6
     
102-23   Chair of the highest governance body CGS, CITYCON GROUP’S CORPORATE GOVERNANCE
STATEMENT FOR THE FINANCIAL YEAR 2021, p. 5-6, 9
     
102-24 Gov-Select Nominating and selecting the highest governance body CGS, CITYCON GROUP’S CORPORATE GOVERNANCE
STATEMENT FOR THE FINANCIAL YEAR 2021, p.  4
     
102-25 Gov-Col Conflicts of interest CGS, CITYCON GROUP’S CORPORATE GOVERNANCE
STATEMENT FOR THE FINANCIAL YEAR 2021, p. 14
     
102-28   Evaluating the highest governance body’s performance CGS, CITYCON GROUP’S CORPORATE GOVERNANCE
STATEMENT FOR THE FINANCIAL YEAR 2021, p. 7
Reported partly.    
102-29   Identifying and managing economic, environmental, and social impacts CGS, CITYCON GROUP’S CORPORATE GOVERNANCE
STATEMENT FOR THE FINANCIAL YEAR 2021, p. 11-12, FR, RISKS AND RISK MANAGEMENT, p. 37-38
     
102-30   Effectiveness of risk management processes CGS, CITYCON GROUP’S CORPORATE GOVERNANCE
STATEMENT FOR THE FINANCIAL YEAR 2021, p. 8-9, https://www.citycon.com/investors/corporate-governance/board-of-directors/board-committees
     
102-31   Review of economic, environmental, and social topics CGS, CITYCON GROUP’S CORPORATE GOVERNANCE
STATEMENT FOR THE FINANCIAL YEAR 2021, 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, CITYCON GROUP’S CORPORATE GOVERNANCE
STATEMENT FOR THE FINANCIAL YEAR 2021, p. 13, Disclosure policy
https://www.citycon.com/investors/corporate-governance/disclosure-policy    
102-34   Nature and total number of critical concerns SA, OTHER CORNERSTONES FOR A SUSTAINABLE SHOPPING CENTRE OPERATOR p. 22-23, 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 2021.    
102-35   Remuneration policies https://www.citycon.com/investors/corporate-governance/remuneration      
102-36   Process for determining remuneration CGS, CITYCON GROUP’S CORPORATE GOVERNANCE
STATEMENT FOR THE FINANCIAL YEAR 2021, p. 9, www.citycon.com/remuneration
     
102-37   Stakeholders’ involvement in remuneration https://www.citycon.com/investors/corporate-governance/remuneration  & Remuneration Policy      
Stakeholder engagement            
102-40   List of stakeholder groups SA, HOW WE DEFINE OUR MATERIAL TOPICS, p. 19, ONGOING DIALOGUE WITH STAKEHOLDERS, p. 20      
102-41   Collective bargaining agreements GRI content index Personnel is not covered by collective bargaining agreements.    
102-42   Identifying and selecting stakeholders SA, HOW WE DEFINE OUR MATERIAL TOPICS, p. 18, PRIORITY MATRIX, p, 19      
102-43   Approach to stakeholder engagement SA, HOW WE DEFINE OUR MATERIAL TOPICS, p. 18, PRIORITY MATRIX, p, 19      
102-44   Key topics and concerns raised SA, HOW WE DEFINE OUR MATERIAL TOPICS, p. 18,  PRIORITY MATRIX, p, 19, CONVENIENT AND SAFE: VISITORS, CUSTOMERS
AND PERSONNEL ALL FEEL RIGHT AT HOME, p. 12-15.
     
Reporting practice            
102-45   Entities included in the consolidated financial statements FR, RELATED PARTY TRANSACTIONS AND CHANGES IN GROUP STRUCTURE, p. 86-87      
102-46   Defining report content and topic Boundaries SA,HOW WE DEFINE OUR MATERIAL TOPICS, p. 18,  REPORTING PRINCIPLES,
METHODOLOGY AND BOUNDARIES, p. 25-26
     
102-47   List of material topics HOW WE  DEFINE OUR MATERIAL TOPICS p. 18, PRIORITY MATRIX, P. 19      
102-48   Restatements of information SA, REPORTING PRINCIPLES,
METHODOLOGY AND BOUNDARIES, p.25-26
     
102-49   Changes in reporting SA, REPORTING PRINCIPLES,
METHODOLOGY AND BOUNDARIES, p.25-26
     
102-50   Reporting period SA, REPORTING PRINCIPLES, METHODOLOGY AND BOUNDARIES, p. 25      
102-51   Date of most recent report GRI content index 26.2.2021    
102-52   Reporting cycle SA, REPORTING PRINCIPLES, METHODOLOGY AND BOUNDARIES, p. 25      
102-53   Contact point for questions regarding the report GRI content index Group Sustainability Manager, wilhelm.ehrnrooth (at) citycon.com    
102-54   Claims of reporting in accordance with the GRI Standards SA, CONTENTS, p. 3, REPORTING PRINCIPLES,
METHODOLOGY AND BOUNDARIES, p. 25
     
102-55   GRI content index https://www.citycon.com/sustainability/gri-tables      
102-56   External assurance SA, CONTENTS p. 3,  REPORTING PRINCIPLES,
METHODOLOGY AND BOUNDARIES, p. 25, INDEPENDENT ASSURANCE REPORT, P.43-44, GRI Content Index
     
Management approach            
103-1   Explanation of the material topic and its Boundary SA, REPORTING PRINCIPLES,
METHODOLOGY AND BOUNDARIES, p. 25-26, HOW WE DEFINE OUR MATERIAL TOPICS, p. 18, SA, PRIORITY MATRIX, p. 19
     
103-2   The management approach and its components SA, STRIVING FOR EXCELLENCE IN ACTION p. 5, LONG-TERM GOALS OF OUR
SUSTAINABILITY STRATEGY, p. 7
https://www.citycon.com/sustainability/management-approach
     
103-3   Evaluation of the management approach https://www.citycon.com/sustainability/management-approach      
             
             
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, ECONOMIC RESPONSIBILITY, p.41-42      
201-2   Financial implications and other risks and opportunities due to climate change FR, RISKS AND RISK MANAGEMENT, p. 38 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.    
GRI 203: Indirect economic impacts            
203-2   Significant indirect economic impacts FR, HOW WE CREATE VALUE, p. 8 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, OTHER CORNERSTONES FOR A SUSTAINABLE
SHOPPING CENTRE OPERATOR, p. 22
     
205-3   Confirmed incidents of corruption and actions taken SA, OTHER CORNERSTONES FOR A SUSTAINABLE
SHOPPING CENTRE OPERATOR, p. 22
No cases in 2021.    
GRI 206:  Anti-competitive behavior            
206-1   Legal actions for anti-competitive behavior, anti-trust,
and monopoly practices
GRI content index No cases in 2021.    
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, KEY SUSTAINABILITY INDICATORS, p. 27-29     97, lfl 100
302-4   Reduction of energy consumption SA, CARBON NEUTRAL: USING LESS ENERGY AND
PRODUCING MORE OF IT OURSELVES, p. 8- 9, SA, KEY SUSTAINABILITY INDICATORS, p. 27-29
     
302-5   Reductions in energy requirements of products and services SA, KEY SUSTAINABILITY INDICATORS, p. 27-29      
CRE 1 Energy-Int Building energy intensity SA, KEY SUSTAINABILITY INDICATORS, p.27     97
GRI 303: Water            
303-1 (2018)   Interactions with water as a shared resource        
303-2 (2018)   Management of water discharge-related impacts        
303-5 (2018) Water‑Abs;  
Water‑LfL
Water consumption SA, OTHER CORNERSTONES FOR A SUSTAINABLE
SHOPPING CENTRE OPERATOR p. 23, KEY SUSTAINABILITY INDICATORS, p.34,
     
CRE2 Water-Int Building water intensity SA, KEY SUSTAINABILITY INDICATORS, p. 34      
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, EXCELLENCE IN ACTION: MAKING
BEST PRACTICES THE NORM p. 16
Reported partly. No such sites.    
GRI 305: Emissions            
305-1 GHG-Dir-Abs;
GHG-Dir-LfL
Direct (Scope 1) GHG emissions SA, CARBON NEUTRAL: USING LESS ENERGY AND
PRODUCING MORE OF IT OURSELVES, p.9, REPORTING PRINCIPLES,
METHODOLOGY AND BOUNDARIES, p. 26, KEY SUSTAINABILITY INDICATORS, p. 30-31
    97, lfl 100
305-2 GHG-Indir-Abs;
GHG-Indir-LfL
Energy indirect (Scope 2) GHG emissions SA, CARBON NEUTRAL: USING LESS ENERGY AND
PRODUCING MORE OF IT OURSELVES, p.9, REPORTING PRINCIPLES,
METHODOLOGY AND BOUNDARIES, p. 26, KEY SUSTAINABILITY INDICATORS, p. 30-31
    97, lfl 101
305-3 GHG-Indir-Abs Other indirect (Scope 3) GHG emissions SA, CARBON NEUTRAL: USING LESS ENERGY AND
PRODUCING MORE OF IT OURSELVES, p.9, REPORTING PRINCIPLES,
METHODOLOGY AND BOUNDARIES, p. 26, KEY SUSTAINABILITY INDICATORS, p. 30-31
    97, lfl 102
305-5   Reduction of GHG emissions SA, CARBON NEUTRAL: USING LESS ENERGY AND
PRODUCING MORE OF IT OURSELVES, p.9, REPORTING PRINCIPLES,
METHODOLOGY AND BOUNDARIES, p. 26, KEY SUSTAINABILITY INDICATORS, p. 30-31
     
CRE 3 GHG‑Int Greenhouse gas emissions from buildings SA, CARBON NEUTRAL: USING LESS ENERGY AND
PRODUCING MORE OF IT OURSELVES, p.9, REPORTING PRINCIPLES,
METHODOLOGY AND BOUNDARIES, p. 26, KEY SUSTAINABILITY INDICATORS, p. 30-31
    97, lfl 102
GRI 307: Environmental compliance            
 307-1   Non-compliance with environmental laws and regulations GRI content index No cases in 2021.    
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, KEY SUSTAINABILITY INDICATORS, p. 39-40 New employee hires are not reported by age group and region, due to the relatively small number of employees.    
401-3   Parental leave SA, KEY SUSTAINABILITY INDICATORS, p. 39 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 404: Training and education            
 404-2   Programs for upgrading employee skills and transition assistance programs SA, OTHER CORNERSTONES FOR A SUSTAINABLE
SHOPPING CENTRE OPERATOR, p. 21-22
Reported partly.    
 404-3 Emp-Dev Percentage of employees receiving regular performance and career development reviews SA, OTHER CORNERSTONES FOR A SUSTAINABLE
SHOPPING CENTRE OPERATOR, p. 21-22
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, KEY SUSTAINABILITY INDICATORS, p.40
CGS, CITYCON GROUP’S CORPORATE GOVERNANCE
STATEMENT FOR THE FINANCIAL YEAR 2021, p. 8
     
405-2 Diversity-emp Ratio of basic salary and remuneration of men to women

SA, KEY SUSTAINABILITY INDICATORS, p.40

     
GRI 406: Non-discrimination            
406-1   Incidents of discrimination and corrective actions taken GRI content index No cases in 2021.    
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, CONVENIENT AND SAFE: VISITORS, CUSTOMERS
AND PERSONNEL ALL FEEL RIGHT AT HOME, p.14- 15
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, CONVENIENT AND SAFE: VISITORS, CUSTOMERS
AND PERSONNEL ALL FEEL RIGHT AT HOME, p. 15
     
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, KEY SUSTAINABILITY INDICATORS, p. 32-33     100
GRI 417: Marketing and labelling            
417-3   Incidents of non-compliance concerning marketing communications GRI content index No incidents in 2021.    
GRI 418: Customer privacy            
418-1   Substantiated complaints concerning breaches of customer privacy and losses of customer data GRI content index No incidents in 2021.    
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.