SATO’s GRI content

Standard Disclosure Location and additional information
General Disclosures  
Organisational profile
102-1 Name of the organisation Contact information
102-2 Primary activities, brands, products and services SATO homes
102-3 Location of headquarters Contact information
102-4 Location of operations SATO homes
102-5 Ownership and legal form Information for shareholders
102-6 Markets served SATO homes
102-7 Scale of the organisation Financial statements
102-8 Information on employees and other workers Personnel
102-9 Supply chain Value for customers
102-10 Significant changes to the organization and its supply chain Key figures and highlights 2017, Report of the Board of Directors
Information for shareholders
Customer service
102-11 Precautionary principle or approach Risk management
102-12 External initiatives The sustainable SATO
Corporate governance statement
Achievement of goals 2017
102-13 Membership of associations The sustainable SATO
102-14 Statement from senior decision-maker CEO’s review
Ethics and integrity
102-16 Values, principles, standards, and norms of behaviour Our strategy
Value for customers
Sustainable operating principles
Value creation model
102-17 Mechanisms for advice and concerns about ethics Sustainable operating principles
102-18 Governance structure Corporate governance statement
Sustainable operating principles
102-19 Delegating authority for economic, environmental and social topics Sustainable operating principles
102-22 Composition of the highest governance body and its committees Board of Directors
Corporate Management Group
102-23 The role of Chair of the highest governance body The Chairman of the Board of Directors is not the CEO, and the CEO is not a member of the Board of Directors
102-24 Nominating and selecting the highest governance body Corporate governance statement
102-26 The highest governance body’s and senior executives’ roles in the development, approval, and updating of the organization’s purpose, value or mission statements, strategies, policies, and goals related to economic, environmental and social impacts Sustainable operating principles
Corporate governance statement
Rules of procedure of the Board of Directors
102-28 Evaluating the highest governance body’s performance Corporate governance statement
Rules of procedure of the Board of Directors
102-29 The highest governance body’s role in the identification and management of risks and opportunities Sustainable operating principles
Corporate governance statement
Rules of procedure of the Audit Committee
102-30 The highest governance body’s role in reviewing the effectiveness of the organization’s risk management processes for economic, environmental and social topics Corporate governance statement
Rules of procedure of the Audit Committee
102-31 The frequency of the highest governance body’s review of economic, environmental and social impacts, risks, and opportunities Risk management
102-35 The remuneration policies for the highest governance body and senior executives Remuneration statement
Stakeholder engagement
102-40 List of stakeholder groups Expectations of our stakeholders
102-41 Collective bargaining agreements Personnel
102-42 Identifying and selecting stakeholders Expectations of our stakeholders
102-43 Approach to stakeholder engagement

Expectations of our stakeholders
Achievement of goals in 2017

102-44 Key topics and concerns that have been raised through stakeholder engagement Expectations of our stakeholders
The sustainable SATO
Materiality analysis
Reporting practice
102-45 Entities included in the consolidated financial statements Financial statements
102-46 Defining report content and topic boundaries Reporting principles
Material topics and boundaries
102-47 List of material topics The sustainable SATO
Materiality analysis
Material topics and boundaries
102-48 Restatements of information Reporting principles
102-49 Changes in reporting Reporting principles
102-50 Reporting period 2017
102-51 Date of most recent report 2016
102-52 Reporting cycle Reporting principles
102-53 Contact point for questions regarding the report Contact information
102-54 Claims of reporting in accordance with the GRI Standards Reporting principles
102-55 GRI content index GRI index
102-56 External assurance Assurance report
Material topics
  Topic-specific content is reported in accordance with topics identified as material  
Management approach
103-1 Explanation of the material topic and its boundary The sustainable SATO
103-2 The management approach and its components The sustainable SATO
103-3 Evaluation of the management approach The sustainable SATO
GRI 200 Economic standards series
Economic performance
201-1 Direct economic value generated and distributed Key figures and highlights 2017
201-4 Financial assistance received from government Construction and renovations
SATO did not receive financial assistance from the government for renovations or new construction in 2017.
Indirect economic impacts
203-1 Investments in local infrastructure and services
203-2 Significant indirect economic impacts Value creation model
Procurement practices
204-1 Proportion of spending on local suppliers Partners
Local suppliers represent 94% of SATO’s purchases
in its main market areas: the Helsinki metropolitan area (80%), Tampere (8%) and Turku (6%)
205-3 Confirmed incidents of corruption and actions taken Sustainable operating principles
No incidents of bribery in 2017
GRI 300 Environmental standards series
302-1 Energy consumption within the organisation Environment
302-4 Reduction of energy consumption Environment
CRE1: sector supplement Building energy intensity Environment
CRE8: sector supplement Sustainability certification for buildings Environment
303-1 Total water withdrawal by source Environment
CRE2: sector supplement Building water intensity Environment
305-1 Direct greenhouse gas (GHG) emissions (Scope 1) Environment
305-2 Energy indirect greenhouse gas (GHG) emissions (Scope 2) Environment
The calculation method for indirect emissions was further specified in 2017.
305-3 Other indirect greenhouse gas (GHG) emissions (Scope 3) Environment
305-5 Reduction of greenhouse gas (GHG) emissions Environment
CRE3: sector supplement Greenhouse gas emissions intensity from buildings Environment
The calculation method for emissions intensity was further specified in 2016.
Effluents and waste
306-2 Total weight of waste by type and disposal method Environment
The total amount of waste includes non-hazardous waste generated by residents. The amount of waste from SATO’s own operations is marginal. Information about the proportion of composted biowaste is not available from a reliable source.
Environmental compliance
307-1 Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with environmental laws and regulations Sustainable operating principles
No fines or sanctions in 2017
Supplier environmental assessments
308-1 Percentage of new suppliers that were screened using environmental criteria Partners
Numerical information is not available. In line with our auditing process, we require that the environmental responsibility procedures of our new suppliers are fully adequate.
Sector-spesific topic: Land degradation, contamination and remediation
CRE5: sector supplement Land remediated or in need of remediation No soil remediation measures were carried out on SATO’s plots in 2017, and the company is not aware of any need for remediation.
GRI 400 Social standards series
401-1 Total number and rates of new employee hires and employee turnover by age group, gender and region Personnel
Employee-employer relations
402-1 Minimum notice periods regarding operational changes The Act on Co-operation within Undertakings (334/2007) applies to corporate restructuring in Finland. In all of its countries of operation, SATO complies with the local statutory periods (1–6 months)
Occupational health and safety
403-1 Workers representation in formal joint management-worker health and safety committees Personnel
CRE6: sector supplement Percentage of the organization operating in verified compliance with an internationally recognized health and safety
management system
OHC coverage in the supply chain would be material, but it is not known.
Training and education
404-1 Average hours of training per year per employee by gender, and by employee category Personnel
404-3 Percentage of employees receiving regular performance and career development reviews Applies to all employees; the personal information of employees in St Petersburg are not in the system due to the Russian data privacy legislation
Customer privacy
418-1 Number of substantiated complaints concerning breaches of customer privacy and losses of customer data Customers
Sustainable operating principles
Socio-economic compliance
419-1 Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with laws and regulations Corporate governance statement
No fines or sanctions in 2017
SATO’s own material CSR topics
Delightful service    
  Customer service and communication Customers
Customer service
Apartments in key locations
  Public transportation Environment
Property development