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Annual and Sustainability Report 2011 - Teracom

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<strong>Report</strong>ing in accordance with GRI<br />

guidelines<br />

Below is an explanation of how the <strong>Sustainability</strong> <strong>Report</strong>, which is an integrated<br />

part of the <strong>Annual</strong> <strong>Report</strong>, was formulated <strong>and</strong> a description of its essential limitations.<br />

Work on <strong>and</strong> reporting of sustainability issues are closely integrated; therefore<br />

material information regarding the focus of sustainability initiatives is also<br />

described here.<br />

Correlation between key sustainability issues, stakeholders <strong>and</strong> indicators<br />

The <strong>Teracom</strong> Group has a long history as a safe, reliable <strong>and</strong> responsible partner<br />

<strong>and</strong> supplier of media services that benefit public welfare. During <strong>2011</strong>, efforts<br />

have been made to work in a more structured way on sustainability issues that are<br />

important to the business <strong>and</strong> to the stakeholders who are affected by them. The<br />

<strong>Sustainability</strong> <strong>Report</strong> describes how efforts have progressed, along with presenting<br />

the goals that have been formulated within the Group.<br />

The <strong>Teracom</strong> Group applies the Global <strong>Report</strong>ing Initiatives (GRI G3) guidelines<br />

for its sustainability reporting. The report is for the <strong>2011</strong> financial year <strong>and</strong> is at<br />

the C+ level. The plus sign (+) indicates that the report was submitted for external<br />

review. The Assurance <strong>Report</strong> from the authorized auditing firm, PwC, is presented<br />

on page 91. <strong>Teracom</strong>'s 2010 <strong>Sustainability</strong> <strong>Report</strong> was published at the same time<br />

as its <strong>Annual</strong> <strong>Report</strong>, in March <strong>2011</strong>. The <strong>Sustainability</strong> <strong>Report</strong> will continue to be<br />

published once a year, integrated with the Group's <strong>Annual</strong> <strong>Report</strong>.<br />

Criteria for application levels<br />

Each of the criteria specified in the column for each level must be met to be classified as level C, C+, B, B+, A or A+.<br />

Presentation application level C C+ B B+ A A+<br />

G3 Disclosures<br />

on profile<br />

INFORMATION<br />

<strong>Report</strong> on:<br />

1.1<br />

2.1 - 2.10<br />

3.1 - 3.8, 3.10 - 3.12<br />

4.1 - 4.4 , 4.14 - 4.15<br />

<strong>Report</strong> on all points<br />

for level C <strong>and</strong>:<br />

1.2<br />

3.9 - 3.13<br />

4.5 - 4.13, 4.16 - 4.17<br />

Same requirements as for<br />

level B<br />

St<strong>and</strong>ard disclosures<br />

G3 Disclosures<br />

on management<br />

approach<br />

G3 Performance<br />

Indicators<br />

& sector<br />

performance indicators<br />

INFORMATION<br />

INFORMATION<br />

Not required<br />

<strong>Report</strong> on at least ten<br />

performance indicators,<br />

<strong>and</strong> at least one from<br />

each: social, economic <strong>and</strong><br />

environmental impact<br />

<strong>Report</strong> certified by external party<br />

Disclosures on management approach<br />

for each indicator category<br />

<strong>Report</strong> on a minimum of 20 Performance<br />

Indicators, including at least one from<br />

each of: economic impact, environmental<br />

impact, human rights, labor relations <strong>and</strong><br />

working conditions, role of the organization<br />

in society, product responsibility<br />

<strong>Report</strong> certified by external party<br />

Disclosures on management<br />

approach for each<br />

indicator category<br />

<strong>Report</strong> on each core G3 indicator <strong>and</strong><br />

sector supplement* indicator with due<br />

regard to the materiality principle by<br />

either: a) reporting on the indicator,<br />

or b) explaining the reason for its<br />

omission.<br />

<strong>Report</strong> certified by external party<br />

*Sector supplement in final version<br />

38

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