We report on corporate responsibility as part of the Annual Report, applying the principles of integrated reporting. In order to ensure transparency and comparability, we have reported on our corporate responsibility in accordance with the international Global Reporting Initiative (GRI) framework since 2011. The reported data is compiled in a GRI Index.
We have also taken into account the requirements of corporate responsibility reporting for state-owned companies and the Stock Exchange ESG Reporting Guide. The Annual Report serves as a Communication on Progress (COP) report under the UN’s Global Compact initiative. In the Report of the Board of Directors, we also report on non-financial information. Our 2018 corporate responsibility reporting is externally certified.
Fingrid reports its tax footprint and does not make any special arrangements to minimise taxes. Dividends are mainly paid to the State of Finland and to Finnish pension insurance and insurance companies (see Annual Report: Finance and treasury).