GRI content index

All standards: version 2016  
Disclosure Number Disclosure Title Location Omissions Global Compact
102-1 Name of the organization Financial Statements, Note 1: General    
102-2 Activities, brands, products, and services OP Year 2017: OP business segments    
102-3 Location of headquarters Helsinki    
102-4 Location of operations Financial Statements, Note 49    
102-5 Ownership and legal form Financial Statements, Note 49    
102-6 Markets served OP Year 2017: OP business segments    
102-7 Scale of the organization OP Year 2017: Key figures and ratios; OP Year 2017: Personnel    
102-8 Information on employees and other workers GRI information: Social impacts    X
102-9 Supply chain OP Year 2017: Value chain; GRI: Economic impacts    
102-10  Significant changes to the organization and its supply chain Financial Statements, Report by the Executive Board: Changes in OP Financial Group’s structure    
102-11 Precautionary Principle or approach Financial Statements, Note 2: OP Financial Group’s risk and capital adequacy management principles    
102-12 External initiatives GRI information, Corporate social responsibility management    
102-13 Membership of associations GRI information, Corporate social responsibility management    
102-14 Statement from senior decision-maker OP Year 2017: Review by the Supervisory Board; OP Year2017: Review by the director in charge of corporate social responsibility    
102-16 Values, principles, standards, and norms of behavior OP Year 2017: Strategy    X
102-18 Governance structure Corporate Governance: Supervisory Board and its committees    
102-40 List of stakeholder groups OP Year 2017: Stakeholders    
102-41 Collective bargaining agreements In Finland, 91% of OP Financial Group personnel are covered by universally binding collective labour agreements. No binding collective agreements exist in the sector in the Baltic region.    X
102-42 Identifying and selecting stakeholders Corporate social responsibility management at OP, OP Year 2017: Stakeholders    
102-43 Approach to stakeholder engagement OP Year 2017: Stakeholders    
102-44 Key topics and concerns raised OP Year 2017: Stakeholders    
102-45 Entities included in the consolidated financial statements Financial Statements, Note 49    
102-46 Defining report content and topic Boundaries GRI information: Corporate social responsibility management    
102-47 List of material topics GRI information, Materiality    
102-48 Restatements of information No restatements    
102-49 Changes in reporting No restatements    
102-50 Reporting period 1 Jan 2017–31 Dec 2017    
102-51 Date of most recent report 28 Feb 2017    
102-52 Reporting cycle Annual    
102-53 Contact point for questions regarding the report    
102-54 Claims of reporting in accordance with the GRI Standards GRI information, GRI content index    
102-55 GRI content index GRI information, GRI content index    
102-56 External assurance Independent assurance report    
Management approach  
103-1 Explanation of the material topic and its Boundary Corporate social responsibility management at OP, GRI    
103-2 The management approach and its components Corporate social responsibility management at OP, GRI   X
103-3 Evaluation of the management approach Corporate social responsibility management at OP, GRI    
Topic specific content  
Topic specific content is reported regarding aspects identified as material.
Economic impacts  
201 Economic Performance
201-1 Direct economic value generated and distributed Economic impacts    
201-2 Financial implications and other risks and opportunities due to climate change Economic impacts Information unavailable about economic impacts or costs. OP investigates the possibility to report it in the future.  X
201-3 Defined benefit plan obligations and other retirement plans Financial Statements, Note 33    
201-4 Financial assistance received from government OP Financial Group received no significant financial assistance from the government in 2017.    
203 Indirect Economic Impacts
203-1 Infrastructure investments and services supported Economic impacts    
203-2 Significant indirect economic impacts Economic impacts, OP Year 2017: Local impact of cooperate banks, Tax footprint    
  Procurement Practices  
  Proportion of spending on local suppliers Economic impacts    
205 Anti-corruption
205-1 Operations assessed for risks related to corruption Economic impacts    X
205-2 Communication and training about anti-corruption policies and procedures Economic impacts Information unavailable in part. OP investigates the possibility to report it in the future.  X
205-3 Confirmed incidents of corruption and actions taken No cases in 2017.    X
206 Anti-competitive Behavior
206-1 Legal actions for anti-competitive behavior, anti-trust, and monopoly practices Economic impacts    
Environmental impacts  
302 Energy
302-1 Energy consumption within the organization Environmental impacts   X
302-3 Energy intensity Environmental impacts   X
305 Emissions
305-1 Direct (Scope 1) GHG emissions Environmental impacts   X
305-2 Energy indirect (Scope 2) GHG emissions Environmental impacts   X
305-3 Other indirect (Scope 3) GHG emissions Environmental impacts   X
305-4 GHG emissions intensity Environmental impacts   X
305-5 Reduction of GHG emissions Environmental impacts   X
306 Waste
306-2 Waste by type and disposal method Environmental impacts Data available only on the Helsinki premises. X
Social impacts  
401 Employment
401-1 New employee hires and employee turnover Social impacts   X
401-3 Parental leave Social impacts Information unavailable about the number of men entitled to parental leave. OP investigates the possibility to report it in the future. X
402 Labor/Management Relations
402-1 Minimum notice periods regarding operational changes Social impacts   X
403 Occupational Health and Safety
403-1 Workers representation in formal joint management–worker health and safety committees Social impacts    
403-2 Types of injury and rates of injury, occupational diseases,
lost days, and absenteeism, and number of work-related fatalities
Social impacts Information unavailable about more detailed breakdown. OP investigates the possibility to report it in the future.  
404 Training and Education
404-2 Programs for upgrading employee skills and transition assistance programs Social impacts   X
404-3 Percentage of employees receiving regular performance and career development reviews Social impacts   X
405 Diversity and Equal Opportunity
405-1 Diversity of governance bodies and employees Social impacts   X
405-2 Ratio of basic salary and remuneration of women to men Social impacts Information unavailable about more detailed breakdown. OP investigates the possibility to report it in the future. X
406 Non-discrimination
406-1 Incidents of discrimination and corrective actions taken Social impacts   X
  Local communities  
FS13 Access points in low-populated or economically disadvantaged areas by type Social impacts Reported at Finland’s level only.  
FS14 Initiatives to improve access to financial services for disadvantaged people Social impacts    
415 Public Policy
415-1 Political contributions Social impacts   X
417 Marketing and labelling
417-2 Incidents of non-compliance concerning product and service information and labeling No cases in 2017.    
417-3 Incidents of non-compliance concerning marketing communications Social impacts    
418 Customer privacy
418-1 Substantiated complaints concerning breaches of customer privacy and losses of customer data Social impacts    
419 Socioeconomic Compliance
419-1 Non-compliance with laws and regulations in the social and economic area No cases in 2017.    
Active ownership  
FS10 Percentage and number of companies held in the institution’s portfolio
with which the reporting organisation has interacted on environmental or social issues
Social impacts    
FS11 Percentage of assets subject to positive and negative environmental or social screening Social impacts