Reporting principles
Our 2009 Sustainability Report is based on the core indicators of the Global Reporting Initiative’s (GRI) G3 Guidelines. The Global Reporting Initiative is an independent and multi-stakeholder network that publishes guidelines related to sustainability reporting. We have selected the indicators from the G3 Guidelines that are most relevant in terms of our operations, products and stakeholders. The essential focus areas of sustainability in terms of economic, social and environmental responsibility for 2010 are illustrated on pages 13, 21 and 33. We estimate that the content of our report is consistent with level B reporting of the G3 Guidelines. A comparison of the report data against G3 Guidelines and the UN Global Compact initiative is presented on pages 38–39.
In our report, we present the comparable figures for 2008 in parentheses. The report includes the parent company and our most significant subsidiaries. The report does not cover our associated companies, joint ventures or supply chain companies. Tamfelt Corporation, which was acquired in December 2009, has been consolidated into Metso’s balance sheet and its number of personnel has been included in Metso’s number of personnel on December 31, 2009.
FINANCIAL REPORTING
In our financial reporting, we follow International Financial Reporting Standards (IFRS). Our financial reporting system data covers all Metso units, in accordance with IFRS. Figures describing economic responsibility, excluding procurement data, are based on accounting and audited financial statements. Procurement data is used in the internal management of operations and is unaudited.
The sustainability key indicators complementing the financial statements are unaudited. We have internally verified the quality and reliability of the data presented.
ENVIRONMENTAL REPORTING
We collect data related to the environmental impacts of our own production facilities into a reporting
system that covers 91 (92) of our units with the most significant environmental impacts or production. The quality of the environmental data has been assessed with an external consultant. The units are responsible for the accuracy of the information they report into the system. The reporting of environmental expenses and responsibilities is based on the Finnish Accounting Act. Data related to our research and development activities is collected from our research and development units every six months. Our reporting segments are responsible for the accuracy of the figures.
REPORTING PERSONNEL DATA
Our HR management is responsible for collecting and reporting personnel data. The data covers our entire Group. The personnel and wages data published in the financial statements is obtained in conjunction with the financial reporting. The supplementary data is obtained from the Group-wide database into which our segments report their HR figures. Development of a more comprehensive HR information system will continue in 2010.
Our previous Sustainability Report was published in March 2009. Sustainability information for 2009 is published as a separate report in conjunction with the Annual Report. This report is supplemented by our Annual Report and the sustainability pages on our website www.metso.com/sustainability. The printed report is supplemented online with the Management Systems section in particular.
Last updated Mar 08, 2010
