Annual Report 2014

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The report covers the financial year 2014. The report covers FII's own operations, within the limits set by the company as a legal entity. As from 17 December 2013 Finnish Industry Investment has a majority holding (66.4%) in the capital stock of Aker Arctic Technology Oy (Aker Arctic). Aker Arctic’s corporate responsibility is addressed in the Direct Investments section of the Corporate Responsibility Report. 

The report describes Industry Investment’s responsible investment principles and procedures at interfaces with investee organisations. FII's goal is to promote responsibility in the company’s own activities as well as, insofar as is practical, in portfolio companies. FII has published the Corporate Responsibility Report since 2011 and the report is published annually. Alongside with corporate responsibility reporting FII publishes annually also the Corporate Governance Statement (in Finnish).

In its corporate responsibility reporting, FII uses the reporting model that the Finnish government resolution of 3rd November 2011 recommends for unlisted government-owned companies. The structure of the report is based on the GRI (Global Reporting Initiative) reporting framework and also, to the extent applicable, the indicators specified in GRI's Financial Services Sector Supplement (FSSS). The report is also based on the GRI (Global Reporting Initiative) G3 Level C reporting framework and also, to the extent applicable, the indicators specified in GRI’s Financial Services Sector Supplement (FSSS). The economic performance indicators in the report are derived from audited information. 

The Global Reporting Initiative (GRI) produces a comprehensive Sustainability Reporting Framework that is widely used around the world. The Framework, including the Sustainability Reporting Guidelines, sets out the Principles and Standard Disclosures organizations can use to report their economic, environmental, and social performance and impacts. GRI is committed to continuously improving and increasing the use of the Framework.

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