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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

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