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Reporting principles

in accordance with the GRI standards

Since 2000, Kesko has annually reported on its corporate responsibility actions in accordance with the Global Reporting Initiative (GRI) guidelines for reporting on sustainable development. The GRI report integrated in Kesko’s Annual Report is prepared in accordance with the GRI standards and covers the key areas of economic, social and environmental responsibility. For each reported standard, the GRI content index refers to the year of the version used. This report has been prepared in accordance with the 2016 standards.

In our operations, we apply the AA1000 AccountAbility Principles: stakeholder inclusivity, identification of material aspects and responsiveness to stakeholders.

Kesko has taken account of the ISO 26000 standard as a source document providing guidelines for corporate responsibility.

We have divided the report into four sections: responsibility management, responsibility programme, disclosures, and GRI and UNGC. The report is available in Finnish and in English, and it is published online only.

This report has been prepared in accordance with the GRI Standards: Core option. Topic-specific Standards are reported with respect to the material topics for Kesko.  A comparison of the contents of the report and the GRI standards is given in the GRI and UNGC index.

Assurance of reporting

An independent third party, PricewaterhouseCoopers Oy, has provided assurance for the performance indicators on 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 and UNGC index shows which disclosures and Topic-specific Standards have been used for evaluating performance in fulfilling human rights, labour rights, environment principles and anti-corruption principles. 

Report stakeholders

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

Reporting period and contact information

This report describes the progress and results of responsibility work in 2016. It includes some information from January to March 2017.

The report for 2015 was published in March 2016.

The report for 2017 will be published in the spring of 2018.

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