Annual Report 2012 - Fingrid
Annual Report 2012 - Fingrid
Annual Report 2012 - Fingrid
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personnel engagement and commitment as well as<br />
fast execution of tasks. Attending to corporate social<br />
responsibility is part of the normal strategic and<br />
daily management of the organisation. The Board<br />
of Directors of the company approves the principles<br />
concerning responsibility and its management.<br />
The company’s direct customer and stakeholder efforts<br />
including communications are organised in<br />
accordance with the perspectives of the strategy.<br />
The Board of Directors monitors the responsibility<br />
of the company’s operations even though none of<br />
the members of the Board is specifically responsible<br />
for corporate responsibility. The President and<br />
the heads of functions take care of responsibility issues<br />
in their own areas. The development and preparation<br />
of responsible operations are co-ordinated<br />
by a specifically appointed working group which is<br />
represented by the various parts of the company’s<br />
organisation to ensure full coverage. The working<br />
group reports to the company’s executive management<br />
group.<br />
POWERING FINLAND.<br />
<strong>Fingrid</strong>’s responsibility management is founded on<br />
the company’s strategy, which aims to find a balance<br />
between various perspectives. The company’s<br />
success is founded on taking care that the objectives<br />
of the processes concerning the customers<br />
and stakeholders, personnel, finances, and operations<br />
are in a sustainable balance. Responsible efforts<br />
and the needs of society are an integral part<br />
of the company’s strategy and the follow-up of its<br />
success.<br />
The strategy is implemented through a matrix organisation,<br />
which relies on the functions and on<br />
processes which execute the company’s mission.<br />
The structure is characterised by comprehensive<br />
Responsibility is driven by the company’s Code of<br />
Conduct, published in different languages on <strong>Fingrid</strong>’s<br />
website. All employees are expected to comply<br />
with the Code in their daily work. Contractual<br />
partners who provide us with services are also expected<br />
to adhere to corresponding principles and<br />
make sure that the employees of subcontractors and<br />
suppliers are aware of our Code of Conduct. In <strong>Fingrid</strong>’s<br />
instruction system, the principles are specified<br />
by policies adopted by the executive management<br />
group. Such policies include the procurement<br />
policy as well as land use and environmental policy.<br />
Prevention of discrimination is addressed in the<br />
equality principles.<br />
The aspects of corporate social responsibility at <strong>Fingrid</strong><br />
in accordance with the GRI reporting guidelines<br />
are related to local communities, bribery, political<br />
influence, and conformance to the regulations.<br />
<strong>Fingrid</strong>’s operations are subject to official regulation<br />
and supervised by the Energy Market Authority.<br />
Transmission system operation is a natural monopoly<br />
by nature. <strong>Fingrid</strong> performs its duties impartially,<br />
fairly and transparently. We do not pay<br />
bribes or other illicit payments, and we refuse to<br />
be engaged in money laundering in all its forms.<br />
56 FINGRID OYJ