This corporate responsibility report is based on the Global Reporting Initiative guidelines (GRI G4). In addition, Posti complies with the reporting requirements of its owner, the Finnish State.
In accordance with the GRI guidelines, Posti focuses on factors that are key to its operations and essential to its stakeholders. Posti’s corporate responsibility report covers the key areas of economic, social and environmental responsibility. The report has not been subject to third-party assurance. According to Posti’s estimate, the corporate responsibility report corresponds to the G4 Core application level of the GRI guidelines. A summary of the comparison between the report contents and the reporting guidelines is presented in the GRI index.
Posti’s sustainability aspects, environmental indicators and HR indicators are reported annually for the same period as the financial figures (January 1–December 31). Key indicators for the different areas of sustainability are reported to the Audit Committee of Posti Group’s Board of Directors at least once per year.
Unless otherwise mentioned in context, the reporting covers all operations of the parent company and subsidiaries. Reporting covers all Group functions in all countries of operation. The reporting does not, as a rule, include the operations of subcontractors or affiliated companies. The coverage of the indicators is reported in connection with the indicators.
For figures related to personnel, the key indicators have been calculated in accordance with the Accounting Standards Board’s general guidelines on annual reports. In GRI reporting, the information concerning personnel is primarily based on the Group’s personnel in Finland.
The indicators for environmental responsibility cover the Group’s operations with the greatest environmental impact in all of its countries of operation. In Finland, the environmental impacts of transport subcontracting are also taken into account. The environmental accounting applies the World Business Council for Sustainable Development (WBCSD) Greenhouse Gas (GHG) protocol and the GHG Inventory Standard for the Postal Sector protocol, which includes more detailed instructions for the postal industry.
The data and key indicators pertaining to financial responsibility are taken from the consolidated financial statements. Posti reports on its finances in accordance with the IFRS accounting standards, the Finnish Securities Market Act and the rules and regulations of Nasdaq Helsinki. Posti’s financial communications are described in more detail in Disclosure Policy.
Appu Haapio, Head of Sustainability, appu.haapio (at) posti.com
Hannele Parkkinen, Corporate Responsibility Manager, hannele.parkkinen (at) posti.com