In 2011, for the first time, our reporting on sustainability is based on the G3 reporting guidelines defined by the Global Reporting Initiative (GRI). This reporting is integrated into the annual report and the GRI table below shows where the GRI indicators have been addressed. We estimate that the content of our reporting is consistent with GRI application level B reporting, which we consider a good starting point for external reporting.
A third-party check, conducted by corporate sustainability reporting specialist Tofuture, confirmed that Cargotec's 2011 sustainability reporting meets the requirements for GRI's Application Level B.
Fully reported
Partly reported
Not reported
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GRI content |
Reference |
Reported |
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Strategy and analysis |
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1.1 |
Statement from the CEO | ||
| 1.2 | Description of key impacts, risks, and opportunities | ||
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Organizational profile |
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| 2.1 | Name of the organization | Cargotec in brief | |
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2.2 |
Primary brands, products, and services | Cargotec in brief | |
| 2.3 | Operational structure | Cargotec in brief | |
| 2.4 | Location of organization's headquarters |
Headquarters is located in Helsinki, Finland |
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| 2.5 | Number of countries where the organization operates and locations of operation | ![]() |
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| 2.6 | Nature of ownership and legal form | ![]() |
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| 2.7 | Markets served | ![]() |
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| 2.8 | Scale of the reporting organization | Highlights 2011 | ![]() |
| 2.9 | Significant changes during the reporting period | ![]() |
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| 2.10 | Awards received in the reporting period | ![]() |
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Report parameters |
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Report profile |
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| 3.1 | Reporting period |
1 January 2011– 31 December 2011 |
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3.2 |
Date of most recent previous report |
Previous annual report 2010 on 10 February 2011 Previous key environmental figures report 2010 on 20 May 2011 |
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| 3.3 | Reporting cycle | Annual | |
| 3.4 | Contact point for questions regarding the report or its contents |
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| Report scope and boundary | |||
| 3.5 | Process for defining report content | ||
| 3.6 | Boundary of the report |
Accounting principles for the consolidated financial statements |
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| 3.7 | Limitations on the scope or boundary of the report | Accounting principles for the consolidated financial statements | |
| 3.8 | Basis for reporting on joint ventures, subsidiaries and other relevant entities |
Accounting principles for the consolidated financial statements Accounting principles for the parent company financial statements |
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| 3.9 | Data measurement techniques and the bases of calculations |
Key environmental figures report (pdf) Accounting principles for the consolidated financial statements |
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| 3.10 | Explanation of re-statements of information provided in earlier reports | ||
| 3.11 | Significant changes from previous reporting periods in the scope, boundary, or measurement methods applied in the report | Key environmental figures report (pdf) | |
| GRI content index | |||
| 3.12 | Table identifying the location of the GRI Standard Disclosures in the report | GRI Index 2011 | |
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Assurance |
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| 3.13 | Assurance policy and current practice |
The quality of disclosed sustainability data is controlled internally. External assurance is not conducted. |
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Governance, commitments and engagement |
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| Governance | |||
| 4.1 | Governance structure | Corporate governance statement | |
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4.2 |
Position of the Chairman of the Board | Corporate governance statement | |
| 4.3 | Independence of the Board members | Corporate governance statement | |
| 4.4 | Mechanisms for shareholder and employee consultation | ||
| 4.5 | Executive compensation and linkage to organization's performance | ||
| 4.6 | Processes for avoiding conflicts of interest | ||
| 4.7 | Process for determining the qualifications and expertise of the members of the Board | ||
| 4.8 | Implementation of values and codes of conduct | ||
| 4.9 | Procedures of the Board for overseeing sustainability management and performance |
Corporate governance statement |
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| 4.10 | Processes for evaluating the Board's own performance | ||
| Commitments to external initiatives | |||
| 4.11 | Precautionary approach | UN Global Compact | |
| 4.12 | Endorsement of external sustainability charters, principles and initiatives | ||
| 4.13 | Memberships in associations | Key stakeholder groups, memberships | |
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Stakeholder engagement |
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| 4.14 | List of stakeholder groups | ||
| 4.15 | Identification and selection of stakeholders | ||
| 4.16 | Approaches to stakeholder engagement |
Employee engagement and performance |
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| 4.17 | Key topics and concerns raised through stakeholder engagement | ||
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Performance indicators |
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Core indicators (white rows) |
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Additional indicators (grey rows) |
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| Economic performance indicators | |||
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EC |
Management approach to material economic aspects | ||
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EC1 |
Direct economic value generated and distributed |
Data disclosed in the consolidated financial statements, not presented in an EC1 table format |
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| EC2 | Risks and opportunities due to climate change |
Risks and opportunities are analysed |
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| EC3 | Coverage of the defined employee benefit plan obligations | ||
| EC4 | Significant financial assistance received from government | No significant financial assistance received from government | |
| Environmental performance indicators | |||
| EN | Management approach to material environmental aspects | Cargotec's own operations | |
| EN3 | Direct energy consumption | Key environmental figures report (pdf): Direct energy use (MWh) for Cargotec's operations | |
| EN4 | Indirect energy consumption | Key environmental figures report (pdf): Indirect energy use (MWh) for Cargotec’s assembly units | |
| EN5 | Energy saved due to conservation and efficiency improvements |
Actions described, energy savings not disclosed |
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| EN6 | Initiatives to provide energy-efficient or renewable energy based products and services | ||
| EN7 | Initiatives to reduce indirect energy consumption and reductions achieved |
Initiatives described |
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| EN8 | Total water withdrawal | Key environmental figures report (pdf) | |
| EN16 | Total direct and indirect greenhouse gas emissions | Key environmental figures report (pdf) | |
| EN17 | Other relevant indirect greenhouse gas emissions |
GHG emissions from business travel reported |
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| EN18 | Initiatives to reduce greenhouse gas emissions and reductions achieved |
Developments within Pro Future™ |
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| EN20 | Other air emissions | Key environmental figures report (pdf) | |
| EN22 | Total amount of waste | Key environmental figures report (pdf) | |
| EN26 | Initiatives to mitigate environmental impacts of products and services | |
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| Social performance indicators | |||
| Labor practices and decent work | |||
| LA | Management approach to material labor practice and decent work aspects | Occupational health and safety | |
| LA1 | Breakdown of workforce | Personnel structure and changes in 2011 Board of Directors’ report |
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| LA2 | Employee turnover |
Total employee turnover and geographical breakdown reported |
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| LA4 | Coverage of collective bargaining agreements | Data not collected at Group level | |
| LA5 | Minimum notice period(s) regarding significant operational changes |
National practices applied, no Group level data collected |
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| LA6 |
Health and safety committees |
Procedures described |
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| LA7 | Injury, lost time injury, fatalities, absence rates | OHS performance indicators followed internally. No Group level data presented. | |
| LA10 | Average training hours per year | Data is not collected at Group level | |
| LA11 | Programs for skills management | People | |
| LA12 | Employees receiving regular performance and career development reviews | Employee engagement and performance | |
| LA13 | Composition of governance bodies and breakdown of employees |
Breakdown of employees by gender disclosed |
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| Human rights | |||
| HR | Management approach to material human rights aspects |
Human resources management and strategy in 2011 |
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| HR2 | Suppliers and contractors human rights screening |
Human rights criteria included in the supplier assessments |
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| HR5 | Measures taken to support rights to freedom of association and collective bargaining in risk areas | Code of conduct | |
| HR6 | Measures taken to contribute to the effective abolition of child labor in risk areas. | Code of conduct | |
| HR7 | Measures taken to contribute to the elimination of all forms of forced or compulsory labor in risk areas | Code of conduct | |
| Society | |||
| SO | Management approach to material society aspects | ||
| SO3 | Anti-corruption training |
Code of conduct discussion is a part of the Performance and Development Planning (PDP) process with all employees |
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| SO5 | Public policy positions and participation in public policy development and lobbying |
Code of conduct provides guidelines for political neutrality |
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| Product responsibility | |||
| PR | Management approach to material product responsibility aspects | Product safety | |
| PR1 | Assessment of health and safety impacts of products and services | Product safety | |
| PR3 | Product information required by procedures | Product safety | |