Basic HTML Version
REC Annual Report 2011
43
GRI-INDEX
The page numbers in the index specify where answers are
provided to each indicator in the annual report fromREC for 2011.
DISCLOSURE TO GRI STANDARD
PAGE
CROSS-REFERENCES/COMMENTS
STATUS
STRATEGY AND ANALYSIS
1.1
CEO Statement about the relevance of sustainability to the organisation and its strategy
8-9
Letter from CEO
1.2
Description of key impacts, risks, and opportunities
19-20, 67-71 n.req.C.
Described partly in Report from BoD and
Financial risk notes
ORGANIZATIONAL PROFILE
2.1
Name of the organization.
1
REC
2.2
Primary brands, products, and/or services
12-16
Report from BoD
2.3
Operational structure of the organization
11-12
Report from BoD
2.4
Location of organization's headquarters.
7
Sandvika, Norway
2.5
Countries where the organization operates
6-7
2.6
Nature of ownership and legal form.
12, 32-34 Report from BoD and Shareholder Matters
in Annual Report
2.7
Markets served
12-13
Report from BoD
2.8
Scale of the reporting organization
4-5
2.9
Significant changes during the reporting period regarding size, structure, or ownership
11-16
Report from BoD
2.10 Awards received in the reporting period.
12-13
2011 Solar Industry Award and 2011
Photon Magazine field test
REPORT PARAMETERS
3.1
Reporting period (e.g. fiscal/calendar year) for information provided.
Calendar year (1.1.2011-31.12.2011)
3.2
Date of most recent previous report (if any).
No previous report
3.3
Reporting cycle (annual, biennial, etc.)
Intention is to report annually
3.4
Contact point for questions regarding the report or its contents.
34
Contact details to VP&IR Officer
3.5
Process for defining the report content (Materiality)
Content has been defined by using GRI
as guidance, benchmarking against
competitors, and through stakeholder
relations
3.6
Boundary of the report
35
This GRI report comprises the REC Group as
a whole, including 100% owned subsidiaries
3.7
Any specific limitations on the scope or boundary of the report
35
3.8
Basis for reporting on joint ventures, subsidiaries, etc.
100% owned subsidiaries are included.
3.9
Data measurement techniques and the bases of calculations
n.req.C
3,10 Explanation of the effect of any re-statements of information provided in earlier reports
No earlier GRI reports exist
3.11 Significant changes from previous reporting periods in the scope, boundary,
or measurement methods
No earlier GRI reports exist
3.12 Table identifying the location of the Standard Disclosures in the report.
43-46
This table
3.13 Policy and current practice with regard to seeking external assurance for the report
n.req.C
GOVERNANCE, COMMITMENTS, AND ENGAGEMENT
4.1
Governance structure of the organization
26-29
4.2
Indicate whether the Chair of the highest governance body is also an executive officer
10
The Chairman is not an executive
officer in REC
4.3
The number of members of the board that are independent and/or non-executive members.
28
4.4
Mechanisms for shareholders and employees to provide recommendations or
direction to the board.
27-28
Through elected employee representatives
in the Board
4.5
Linkage between compensation for members of board and management and the
organization's performance - economic, social and environmental
29-30
n.req.C
BoD report on Corporate Governance
4.6
Processes in place for the board to ensure conflicts of interest are avoided.
27
n.req.C
BoD report on Corporate Governance
4.7
Process for determining the qualifications and expertise of the board for guiding the
organization's strategy on economic, environmental, and social topics.
28
n.req.C
BoD report on Corporate Governance
Reported fully
Reported partly
n.req.C Not required for Level C
n.a.
Not applicable
n.r.
Not reported