Kesko’s Corporate Responsibility Report 2013 chosen as Finland’s best in this year’s Sustainability Reporting Award Finland Competition

Kesko’s Corporate Responsibility Report 2013 was chosen as Finland’s best in this year’s Sustainability Reporting Award Finland Competition. Kesko’s report was ranked the best also by non-governmental organisations.

Helsinki, Finland, 2014-11-13— /EPR Retail News/ — According to the judging panel, Kesko has reported its social and economic responsibility indicators exceptionally well and extensively, and has very comprehensively discussed, for example, product safety and marketing responsibility. The report, readily available online, also appeals to a wider audience.

The winner was chosen by the group of competition organisers consisting of Aalto University School of Economics, the Finnish Institute of Authorised Public Accountants, Nasdaq Helsinki, the Ministry of Employment and the Economy, the Association for Environmental Management, the Ministry of the Environment and Corporate Responsibility Network FIBS.

Kesko’s Corporate Responsibility Report 2013 is Kesko’s 14th report. The revised report was published on the web and it discusses, for example, taxes and stakeholder views even more openly than before. The diversity of Kesko’s responsibility work is also illustrated with videos.

“Responsibility is our common success factor to which the whole of our personnel, from top management to store employees, are committed. It’s great to see that our long-term responsibility work and reporting are valued in relevant comparisons and reporting competitions. A continuous revision of the corporate responsibility report has brought us success despite increasing competition,” says Kesko’s President and CEO Matti Halmesmäki.

Kesko’s report was also NGOs’ choice for the best report

In addition to the main prize, the competition includes the Reader’s Choice Award category, in which representatives of the key audiences,  the media, investors, non-governmental organisations and students, present their awards.
Non-governmental organisations selected Kesko’s report as the best. This year, the NGOs’ choice was made by Senior Advisor Elina Moisio of Akava.

“The main criterion in my ‘reader’s choice’ was how well a company’s corporate responsibility report discussed possible deficiencies that had emerged during the year,” says Elina Moisio.

Moisio values the fact that the Finnish food and grocery trade has realised how the mitigation of climate change helps generate savings in energy consumption, reduce wastage, cut transport costs as well as building and maintenance costs. The theme is comprehensively discussed in Kesko’s Corporate Responsibility Report.

More detailed information on the evaluation criteria, award presenters and selection criteria of the 2014 competition are available in the competition summary report at www.fibsry.fi (in Finnish).

Kesko’s Corporate Responsibility Report 2013 presents the objectives, actions and results of Kesko’s responsibility programme and responsibility work in accordance with the new GRI G4 reporting guidelines. The report can be read at http://corporateresponsibility2013.kesko.fi.

Further information is available from Matti Kalervo, Kesko’s Vice President for Corporate Responsibility, telephone +358 50 306 4081.

Kesko (www.kesko.fi) is one of the Global 100 Most Sustainable Corporations in the World. We are a retail specialist whose chains have about 2,000 stores in the Nordic and Baltic countries, Russia, and Belarus. Our stores offer quality to the daily lives of consumers.

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Kesko listed in the Nordic Climate Disclosure Leadership Index for the fourth consecutive time

Helsinki, Finland, 2014-10-16— /EPR Retail News/ — Kesko has received recognition for its climate change reporting and is now included in the Nordic Climate Disclosure Leadership Index for the fourth consecutive time. Kesko improved its score to 99 points. Kesko’s and K-stores’ determined climate work is based on the long-term commitments and energy efficiency objectives of Kesko’s responsibility programme.

The Nordic Climate Disclosure Leadership Index (CDLI) is based on Nordic listed companies’ responses to an extensive inquiry on their greenhouse gas emissions, emission reduction targets, and the risks and opportunities associated with climate change.

High scores indicate good data management and an understanding of climate change issues related to the company. Kesko is at the top of the index for the fourth consecutive time and improved its score to 99 points (on the scale of 0-100).

“It is great that in hard competition we are able to further improve our level in global comparisons. The Nordic Climate Disclosure Leadership Index gives important information on companies’ actions on climate change mitigation to different stakeholders. The improvement of energy efficiency provides significant benefit to our business operations, partners and customers,” says Kesko’s President and CEO Matti Halmesmäki.
Energy efficiency in retail stores and transportation

Kesko’s responsibility programme contains both short-term and long-term objectives up to 2020 for Kesko’s and the whole K-Group’s operations. The mitigation of climate change is one of the key objectives of the responsibility programme.

Kesko has signed the trading sector energy efficiency agreement and committed to improving its annual energy efficiency by 65 GWh by the end of 2016 through various actions. By the end of 2013, Kesko had improved its energy efficiency by 58.9 GWh and achieved 91% of the objective.

Stores’ energy-efficient solutions, such as lids and doors of refrigeration equipment, recovery of condensation heat, refrigeration units using carbon dioxide, and adjustable and directional lighting, generate significant energy savings. In Keslog’s transportation, energy consumption is reduced with the economical driving style, route planning and two-tier trailers.

The Veturi shopping centre in Kouvola was awarded a BREEAM Very Good environmental certificate in autumn 2013. The Kodin1 department store for interior decoration and home goods, which was completed in Raisio in spring 2013, is the first passive commercial building in the Nordic countries.

Further information available from Matti Kalervo, Kesko’s Vice President, Corporate Responsibility, tel. +358 50 306 4081.

More information about Kesko’s responsibility work and its results:
http://corporateresponsibility2013.kesko.fi .

Kesko in sustainability indices:
http://www.kesko.fi/en/Investors/Share-information/Equity-indices/Sustainability-indices/

Kesko (www.kesko.fi) is one of the Global 100 Most Sustainable Corporations in the World. We are a retail specialist whose chains have about 2,000 stores in the Nordic and Baltic countries, Russia, and Belarus. Our stores offer quality to the daily lives of consumers.

The Nordic Climate Disclosure Leadership Index comprises 189 companies and the index is a central part of CDP’s (www.cdp.net) annual Nordic 260 report.

Kesko to offer customers multi-channel building, interior decoration and home and speciality goods stores and services

Helsinki, Finland, 2014-9-26— /EPR Retail News/ — In the home and speciality goods trade and the building and home improvement trade, the importance of e-commerce and online services has greatly increased and the improvement of competitiveness necessitates major renewal. In response to these requirements, Kesko is seeking synergies especially in the production of online services and the development of concepts. At the same time, the planned changes will form a basis to improve profitability and the organisational structure will be evaluated. Also the combination of the building and home improvement trade with the home and speciality goods trade, as well as the integration of the non-food part of the K-citymarket chain, currently part of the home and speciality goods division, into Kesko Food operations, are planned.

The objective is to offer customers multi-channel building, interior decoration and home and speciality goods stores and services. The aim of the planned integration of resources is to achieve better customer satisfaction as well as improved competitiveness and profitability. In Kesko’s food trade, the annual sales are around €4.4 billion, in the building and home improvement trade around €2.7 billion and in the home and speciality goods trade around €1.4 billion. As at 30 June 2014, the food trade employed 4,035 people, the building and home improvement trade 10,520 people and the home and speciality goods trade 8,111 people.

The changes will be planned in more detail and the required cooperation negotiations will be conducted during the rest of 2014. The aim in Kesko Group’s reporting is that starting from 1 January 2015, the reportable segments would be the grocery trade, the home improvement and speciality goods trade, and the car and machinery trade. Kesko will publish comparatives according to the new reporting structure in the first quarter of 2015.

President Terho Kalliokoski is responsible for the planning concerning the home improvement and speciality goods trade and President Jorma Rauhala is responsible for the planning concerning the grocery trade.

Further information:
President and CEO Matti Halmesmäki, Kesko Corporation, tel. +358 105 322 202

President Terho Kalliokoski, Rautakesko Ltd, tel. +358 105 320 200

Kesko Corporation

Merja Haverinen
Vice President, Group Communications

DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi

Kesko included in the Dow Jones Sustainability Indices DJSI World and DJSI Europe for the 12th time

Kesko was included in the Dow Jones Sustainability Indices DJSI World and DJSI Europe for the 12th time. Kesko obtained its highest scores in risk and crisis management, codes of conduct and supply chain management. A new criterion in the assessment was tax strategy.

Helsinki, Finland, 2014-9-11 — /EPR Retail News/ — The Dow Jones Sustainability Indices (DJSI) are the most respected worldwide sustainability indices. Kesko has been included in them since 2003.

Kesko’s President and CEO Matti Halmesmäki sees Kesko’s long presence in the indices as proof of the fact that responsibility is an integral part in all of Kesko’s business operations:

“Responsibility is a common success factor, to which all of our employees – from top management to store staff – are committed. The “Our responsible working principles” guidelines bind all Kesko employees in our eight operating countries to act in accordance with shared values and responsible operating practices. Our responsibility programme requires us to achieve the objectives we have set. We are proud that our long-term work for responsibility is appreciated worldwide,” says Matti Halmesmäki.

Kesko obtained its highest scores in the economic dimension
Companies are selected to the DJSI Indices on the basis of the sustainability assessment carried out by RobecoSAM. The assessment analyses companies’ operations in the dimensions of economic, social and environmental responsibility.

Kesko obtained its highest scores in risk and crisis management, codes of conduct/compliance/corruption&bribery and supply chain management. Kesko improved its performance in corporate governance and operational eco-efficiency by several scores.

Tax strategy was included in the assessment for the first time. Kesko scored above the average in its sector (Food and Staples Retailing). Kesko expanded its tax reporting for 2013 by including net-worth taxes paid and excise taxes, car taxes and customs duties remitted in its Corporate Responsibility Report.

Kesko is included in several significant sustainability indices
Kesko has been included in the FTSE4Good index since 2009 and in the STOXX Global ESG Leaders index since 2011.Kesko scored highest in its sector in the Nordic Climate Disclosure Leadership index (CDLI) rating in 2013.

In the RobecoSAM Sustainability Yearbook 2014, Kesko received the Silver Class distinction in the Food & Staples Retailing Industry category. Kesko has been included in ‘The Global 100 Most Sustainable Corporations in the World’ list since 2005.

Further information is available from Matti Kalervo, Kesko’s Vice President, Group Corporate Responsibility, tel. +358 50 306 4081.
http://www.sustainability-indices.com
http://corporateresponsibility2013.kesko.fi

Kesko (www.kesko.fi ) is one of the Global 100 Most Sustainable Corporations in the World. We are a retail specialist whose chains have about 2,000 stores in the Nordic and Baltic countries, Russia, and Belarus. Our stores offer quality to the daily lives of consumers.