Management of corporate responsibility
For us, responsibility means that we strive to promote sustainable development and energy-efficient properties with our services and solutions, to secure a safe and healthy working environment for our employees and, for our part, to ensure good business conduct throughout our supply chain.
As a stock listed company, it is our duty to be a profitable investment for our owners. Good financial performance is the key precondition for our existence. However, we do not try to pursue it at any price: The satisfaction of our clients and well-being of our employees are important to us.
The satisfaction of our clients and well-being of our employees are important to us.
Management of responsibility is integrated into all management
Our objective is that everything we do reflects responsible way of operating. The corporate responsibility activities are included in the normal management of the Group on all organisational levels.
Responsible conduct is guided and defined by the following elements:
We are committed to good corporate governance and comply with all of the recommendations of the Finnish Corporate Governance Code issued by the Finnish Securities Market Association.
The Group Management Board member who is in charge of Group development and support is also in charge of the management of corporate responsibility. In addition, heads of Group Marketing & Communications, Legal and People & HR participate in the development and coordination of responsibility issues. The Group Management Board reviews issues that require action from business areas and countries. The division heads are responsible for the enforcement of decisions in their respective divisions.
The President and CEO of the Group is responsible for the implementation of Caverion’s Code of Conduct approved by the Board of Directors. The Group Compliance and Ethics Committee provides assistance to the President and CEO and the Audit Committee of the Board of Directors to enable Caverion to operate in accordance with applicable laws and regulations and appropriate ethical business standards. In 2014, the Committee comprised the heads of Group Legal, Group Internal Audit, People & HR as well as Marketing & Communications. The Committee has meetings when needed. In 2014 it had four meetings.
We follow the GRI guidelines in reporting
We report corporate responsibility-related information normally once a year in our Annual Report and on our website. The 2014 report has been compiled in applying the G3 guidelines of the Global Reporting Initiative (GRI).
According to our own estimate, we apply the guidelines at C level. An independent third party, PricewaterhouseCoopers Oy, has checked that reporting meets GRI’s Application Level C requirements.
We are included in the OMX GES Sustainability Finland index
The index includes those companies listed on NASDAQ QMX Helsinki that meet the international criteria for environmental and social responsibility and corporate governance. GES Investment Services, the leading North European research institute and service provider in responsible investment, performs an assessment once a year.