Annual Report 2012 - Fingrid
Annual Report 2012 - Fingrid
Annual Report 2012 - Fingrid
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FINGRID’S PRIMARY RESPONSIBILITY OBJECTIVES<br />
Social responsibility Indicator Objective<br />
Reliable transmission grid<br />
Long-term development of the grid for the<br />
needs of the customers and electricity market<br />
Responsibility of the procurement chain<br />
Good workplace atmosphere<br />
Economic disadvantage inflicted on customers<br />
by disturbances in the transmission grid<br />
Implementation of the 10-year capital<br />
investment programme concerning the<br />
transmission grid in a manner which enables<br />
the execution of the Finnish climate and energy<br />
strategy<br />
Responsible procedures in the procurement<br />
chain and monitoring of their achievement<br />
Key figures of “Towards a Better Working<br />
Community ® ” study by the Finnish Institute of<br />
Occupational Health<br />
Economic disadvantage<br />
inflicted by disturbances less<br />
than 4.5 million euros<br />
Capital investment projects on<br />
schedule and budget<br />
Constant improvement<br />
Retaining the current topranking<br />
level<br />
Good leadership Survey “Great Place to Work”, general series Among top 10<br />
Responsible practices<br />
Responsibility management, practices and<br />
reporting as part of the company’s management<br />
and instruction system<br />
Constant improvement<br />
Good occupational safety Accident frequency Accident frequency less than<br />
10 by the end of 2015<br />
Successful stakeholder co-operation<br />
Customer survey<br />
Stakeholder survey<br />
Average grade at least 8.5<br />
Average grade at least 8.5<br />
Environmental responsibility Indicator Objective<br />
Responsible land use and environmental<br />
policy<br />
Mitigation of the land use and landscape impacts<br />
of the transmission grid, and related stakeholder<br />
dialogue<br />
Making service providers and contractors<br />
committed to environmentally responsible<br />
procedures, and monitoring of related<br />
achievements<br />
Constant improvement<br />
Constant improvement<br />
Economic responsibility Indicator Objective<br />
Affordable pricing ENTSO-E’s European tariff level comparison Among top 3<br />
Return on equity (ROE)<br />
Proceeds in accordance with the regulatory<br />
model (WACC)<br />
Proceeds in accordance with<br />
the regulatory model from 2014<br />
Targeted capital structure Equity ratio Approx. 30%<br />
<strong>Annual</strong> <strong>Report</strong> <strong>2012</strong> 59
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