Reporting principles

Lemminkäinen’s combined annual report and sustainability report covers the period 1 January–31 December 2014. The annual report is geared towards our most important stakeholders: shareholders, investors, analysts, financiers, the media, customers, partners, and personnel. This is Lemminkäinen's fifth sustainability report and it complies with the GRI G3.1 reporting framework. The company reports on sustainability annually.

The materiality matrix guides Lemminkäinen’s sustainability reporting; the company focuses on those themes that are highlighted in the materiality evaluation. Lemminkäinen’s materiality matrix is from 2012 and it is based on management's assessment.

Materiality matrix

Lemminkäinen’s consolidated financial statements are drawn up and presented in accordance with IFRS standards. Consolidated financial statements provide the majority of the key economic responsibility figures. The consolidated financial statements have been drawn up in accordance with EU-approved IAS and IFRS standards, and the SIC and IFRIC interpretations in effect on 31 December 2014. Segment reporting is based on management reporting, as per IFRS 8, which complies with the consolidated accounting principles. Comparison figures for 2013 are presented in brackets.

Personnel and remuneration data has been obtained during personnel and financial reporting and is published in the financial statements. The data on Finnish employees is supplemented with information from the HR data system. Occupational health figures cover Lemminkäinen’s operations in Finland, and occupational safety figures cover all of Lemminkäinen’s operations. Absences due to sickness and accidents are calculated on theoretical, regular working hours. The figures do not include the Technical building services segment that Lemminkäinen divested in June 2014.

Environmental reporting for 2014 covers operations in Finland. The reporting of waste, electricity and water covers the production facility operations subject to permits. The figures have not been adjusted in proportion to production volumes. The figures for 2013 and 2014 do not include the Technical building services segment that Lemminkäinen divested in June 2014. In 2014, Lemminkäinen's head office in Helsinki implemented an environmental management system with the WWF Green Office label.

In 2014, Lemminkäinen participated in the CDP climate change survey. CDP is an international, non-profit organisation representing institutional investors that studies the impact of climate change from an investor’s perspective.

Calculation principles as well as any exceptions in and limitations to the calculation methods used have been noted next to the figures in question. If there have been any changes in the key figures reported, or to their scope, boundaries or measurement techniques, these have also been noted next to the figures in question.

Lemminkäinen has declared that its reporting is compliant with Application Level B of the GRI G3.1 Guidelines.
 





 

 
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