GRI & UN Global Compact

Comparison with GRI guidelines and Global Compact

Global Compact Principles		GRI Content	Included	Section
	1	Strategy and Analysis
	1.1	CEO's statement	Yes	Management committed to corporate responsibility
	1.2	Key impacts, risks and opportunities	Yes	Management committed to corporate responsibility Corporate responsibility Risk management of corporate responsibility 2009 highlights

	2	Organisational profile
	2.1	Name of the organisation	Yes
	2.2	Primary brands, products and services	Yes	This is outokumpu Business Operations
	2.3	Operational structure	Yes	Business Operations Corporate Governance
	2.4	Location of organisation's headquarters	Yes	This is Outokumpu
	2.5	Number of countries and location of operations	Yes	This is Outokumpu Operating environment
	2.6	Nature of ownership and legal form	Yes	Corporate responsibility governance Shares and shareholders
	2.7	Markets served	Yes	General Stainless Specialty Stainless
	2.8	Scale of the reporting organisation	Yes	Key figures
	2.9	Significant changes regarding size, structure or ownership	Yes	Review by the Board of Directors
	2.10	Awards received in the reporting period	Yes	Management committed to corporate responsibility

	3	Report parameters
	3.1	Reporting period	Yes	Reporting principles
	3.2	Date of most recent report	Yes	Reporting principles
	3.3	Reporting cycle	Yes	Reporting principles
	3.4	Contact point for questions regarding the report	Yes	Contact us
	3.5	Process for defining report content	Yes	Reporting principles (The report addresses the needs of Outokumpu's stakeholders. Outokumpu reports on matters considered relevant to its business operations and current global themes that have an effect on Outokumpu, its operations and stakeholders. The reporting is based on GRI G3 Guidelines).
	3.6	Boundary of the report	Yes	Reporting principles
	3.7	Limitations on the report's scope or boundary	Yes	Reporting principles
	3.8	Basis for reporting subsidiaries and joint ventures	Yes	Reporting principles
	3.9	Data measurement techniques and bases of calculations	Yes	Reporting principles (More information on accounting principles are reported in connection with the figures in question)
	3.10	Explanation of re-statements	Yes	Reporting principles
	3.11	Significant changes from previous reporting periods in the scope, boundary or measurement methods	Yes	Reporting principles
	3.12	GRI content index	Yes	GRI & UN Global Compact
	3.13	Assurance policy and practice	Yes	Independent assurance report Reporting principles

	4	Governance, Commitments and Engagement
		Governance
	4.1	Governance structure of the organisation	Yes	Governance 2009
	4.2	Position of the Chairman of the Board	Yes	Board of Directors Board of Directors
	4.3	Independence of the Board members	Yes	Board of Directors
	4.4	Mechanism for shareholder and employee consultation	Yes	General meeting on shareholders Shareholders' nomination committee
	4.5	Executive compensation and linkage to organisation's performance	Yes	Remuneration
	4.6	Processes for avoiding conflicts of interest	Yes	Board of Directors
	4.7	Processes for determining expertise	Yes	Board Committees Board of Directors
	4.8	Implementation of mission and values statements, code of conduct and other principles	Yes	Corporate responsibility governance Operational Excellence Management systems
	4.9	Procedures of the Board for overseeing management of sustainability performance, including risk management	Yes	Compliance Board of Directors
	4.10	Processes for evaluating the Board's performance	Yes	Board of Directors
		Commitments to External Initiatives
7	4.11	Addressing precautionary approach	Yes	Risk managements of corporate responsibility Risk management
1–10	4.12	Voluntary charters and other initiatives	Yes	Associations and federations Corporate Responsibility
1–10	4.13	Memberships in associations	Yes	Associations and federations
		Stakeholder Engagement
	4.14	List of stakeholder groups	Yes	Our stakeholders
	4.15	Identification and selection of stakeholders	Yes	Our stakeholders
	4.16	Approaches to stakeholder engagement	Yes	Our stakeholders
	4.17	Key topics raised through stakeholder engagement	Yes	Our stakeholders Employees voices

	5	Management Approach and Performance Indicators

1, 4, 6, 7		Management approach to economic responsibility	Yes	Economic responsibility Economic goals and results Strategic themes
7, 8, 9		Management approact to environmental responsibility	Yes	Management systems Environmental responsibility Environmental goals and results Emissions, effluents and waste
1, 3, 6		Management approach to social responsibility	Yes	Management systems Social goals and results Diversity and equal rights

		Economic Performance Indicators
		Economic Performance
	EC1*	Direct economic value generated and distributed	Yes	Economic impact on our stakeholders Public sector support
7	EC2*	Risks and opportunities due to climate change	Yes	Impact of climate change Emissions trading
	EC3*	Coverage of defined benefit plan obligations	Yes	Remuneration (Pension benefits for Group Executive Committee)
	EC4*	Significant subsidies received from government	Yes	Public sector support
		Market presence
1	EC5	Entry level wage compared to minimum wage	No
	EC6*	Spending on local suppliers	No
6	EC7*	Local hiring	No
		Indirect Economic Impacts
	EC8*	Infrastructure investments provided for public benefit	No
	EC9	Significant indirect economic impacts	No

		Environmental Performance Indicators
		Materials
8	EN1*	Materials used by weight or volume	Yes	Material balance
8, 9	EN2*	Recycled materials used	Yes	Materials efficiency
		Energy
8	EN3*	Direct energy consumption	Yes	Energy and climate change Material balance
8	EN4*	Indirect energy consumption	Partly	Energy sources (Electricity consumption)
8, 9	EN5	Energy saved due to conservation and efficiency improvements	Yes	Energy efficiency
8	EN6	Initiatives to provide energy-efficient or renewable energy based products and services	Yes	Energy efficiency
8	EN7	Initiatives to reduce indirect energy consumption	Partly	Corporate responsibility highlights 2009 Transport
		Water
8	EN8*	Total water withdrawal	Yes	Water
8	EN9	Water sources significantly affected by withdrawal of water	Yes	Water
8, 9	EN10	Percentage and total volume of water recycled and reused	Yes	Water (Average percentage of water recycled)
		Biodiversity
8	EN11*	Location and size of land holdings in areas of high biodiversity	Yes	Biodiversity
8	EN12*	Description of significant impact of activities, products, and services on biodiversity	Yes	Biodiversity
8	EN13	Habitats protected or restored	Yes	Biodiversity
8	EN14	Managing impacts on biodiversity	Yes	Biodiversity
8	EN15	Species with extinction risk with habitats in areas affected by operations	Yes	Biodiversity
		Emissions, Effluents and Waste
8	EN16*	Total direct and indirect greenhouse gas emissions	Yes	Material balance
8	EN17*	Other relevant indirect greenhouse gas emissions	Yes	Combating climate change
7, 8, 9	EN18	Initiatives to reduce greenhouse gas emissions	Yes	Combating climate change Transport
8	EN19*	Emissions of ozone-depleting substances	Yes	Material balance
8	EN20*	NOx, SOx, and other significant air emissions	Yes	Material balance Emissions, effluents and waste
8	EN21*	Total water discharge	Yes	Water Water discharges
8	EN22*	Total amount of waste	Yes	Waste Material balance
8	EN23*	Significant spills	Yes	Emissions, effluents and waste
8	EN24	Transported, imported, exported, or treated hazardous waste	No
8	EN25	Water bodies and habitats affected by discharges of water	Yes	Impacts of water discharges and runoff
		Products and Services
7, 8, 9	EN26*	Mitigating environmental impacts of products and services	Yes	Materials efficiency
8, 9	EN27*	Reclaimable products and reuse	No
		Compliance
8	EN28*	Significant fines and sanctions for non-compliance with environmental regulations	Partly	Emissions, effluents and waste
		Transport
8	EN29	Environmental impacts of transportation	Yes	Transport (CO₂ emissions of transportation)
		Overall
7, 8, 9	EN30	Total environmental protection expenditures and investments	Yes	Expenditure and investments

		Social Performance Indicators
		Labor Practices and Decent Work
		Employment
	LA1*	Total workforce by employment type, employment contract and region	Yes	Employees
6	LA2*	Total number and rate of employee turnover	Yes	Employees Redundancies (Turnover among permanent employees)
	LA3	Employee benefits	No
		Labor/Management Relations
1, 3	LA4*	Coverage of collective bargaining agreements	Yes	Diversity and equal rights
3	LA5*	Minimum notice period regarding operational changes	Yes	Redundancies (Outokumpu follows local laws and regulations also in job reductions and lay-offs).
		Occupational Health and Safety
1	LA6	Representation in joint health and safety committees	No
1	LA7*	Rates of injury, occupational diseases, lost days, fatalities and absenteeism	Yes	Safe working environment
1	LA8*	Education and prevention programmes regarding serious diseases	Yes	Safe working environment
1	LA9	Health and safety topics covered in formal agreements with trade unions	No
		Training and Education
	LA10*	Average training hours per year	Yes	Training and development (Training days per employee)
	LA11	Programmes for skills management and lifelong learning	Yes	Training and development (Description of development and training programmes)
	LA12	Employees receiving regular performance and career development reviews	Yes	Employees voices
		Diversity and Equal Opportunity
1, 6	LA13*	Composition of governance bodies and breakdown of employees	Yes	Diversity and equal rights (Breakdown of total workforce by gender, age and education. Composition of governance bodies by gender).
1, 6	LA14*	Ratio of basic salary of men to women by employee category	No

		Human Rights
1–6	HR1*	Investment agreements with human rights clauses or that have undergone human rights screening	No
1–6	HR2*	Suppliers and contractors that have undergone human rights screening	Partly	Responsible sourcing
1–6	HR3	Human rights related training for employees	No
1, 2, 6	HR4*	Incidents of discrimination and actions taken	Yes	Internal audit Management systems
1, 2, 3	HR5*	Supporting right to freedom of association and collective bargaining in risk areas	Partly	Diversity and equal rights (Ethics Statement, Corporate Responsibility Policy and Code of Conduct)
1, 2, 5	HR6*	Measures taken to eliminate child labour in risk areas	Partly	Diversity and equal rights Social responsibility (Ethics Statement, Corporate Responsibility Policy and Code of Conduct)
1, 2, 4	HR7*	Measures taken to eliminate forced labour in risk areas	Partly	Diversity and equal rights Social responsibility (Ethics Statement, Corporate Responsibility Policy and Code of Conduct)
1, 2	HR8	Human rights related training for security personnel	No	(not relevant)
1, 2	HR9	Incidents involving rights of indigenous people and actions taken	No	(not relevant)

		Society
		Community
	SO1*	Managing impacts of operations on communities	Partly	Local communities
		Corruption
10	SO2*	Business units analysed for corruption risks	Partly	Compliance Management systems Social responsibility (Ethics Statement, Corporate Responsibility Policy and Code of Conduct)
10	SO3*	Anti-corruption training	Partly	Compliance Management systems Social responsibility (Ethics Statement, Corporate Responsibility Policy and Code of Conduct)
10	SO4*	Actions taken in response to incidents of corruption	Partly	Compliance Management systems Social responsibility (Ethics Statement, Corporate Responsibility Policy and Code of Conduct)
		Public Policy
1–10	SO5*	Public policy positions and participation in public policy development and lobbying	Partly	Associations and federations Management systems (Code of Conduct)
10	SO6	Contributions to political parties and related institutions	Yes	Public sector support (Code of Conduct)
	SO7	Legal actions for anti-competitive behaviour, anti-trust, and monopoly	Yes	Compliance
		Compliance
	SO8*	Fines and sanctions for non-compliance with laws and regulations	Yes	Compliance
		Product Responsibility
		Customer Health and Safety
1	PR1*	Assessment of health and safety impacts of products	Yes	Product safety and liability Research
1	PR2	Non-compliance with regulations concerning health and safety impacts of products	No
		Product and Service Labeling
8	PR3*	Product information required by procedures	Yes	Product safety and liability
8	PR4	Non-compliance with regulations concerning product information and labelling	No
	PR5	Customer satisfaction	Yes	Customers
		Marketing Communications
	PR6*	Adherence to marketing communications laws, standards and voluntary codes	No
	PR7	Non-compliance with marketing communications regulations and voluntary codes	No
		Customer Privacy
1	PR8	Complaints regarding breaches of customer privacy	No
		Compliance
	PR9*	Fines for non-compliance concerning the provision and use of products and services	No

		* GRI Core indicator

Based on its own assessment, Outokumpu has followed the B+ application level of the GRI guidelines. The application level has been checked by a third party, PricewaterhouseCoopers Oy.

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