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54 Finnair Group GRI Guidelines Finnair Group Report ·Yes ·Partly ·No Shortcomings/anomalies/ justifications GRI indicator 4. Governance, Commitments and Engagement 4.1 Governance structure of the organisation 4.2 Status of the Chairman of the Board of Directors 4.3 Independence of Members of the Board of Directors 4.4 Mechanisms for shareholders and employees to influence actions of Board of Directors 4.5 Linkage between compensation for Members of the Board of Directors and senior managers to the organisation's social and environmental performance 4.64.9, 4.17 4.10 Processes for evaluating the Board of Directors' own performance 4.11 Application of the precautionary principle 4.12 Commitment to external social responsibility initiatives 4.13 Memberships in organisations, associations and advocacy organisations 4.14 List of interest groups engaged by the organisation 4.15 Basis of identification and selection of interest groups 4.16 Approaches to engagement with interest groups 5. Management Approach and Performance Indicators Approach to management of economic responsibility Included Page/contents · · · · · · · · · · · · · · · · · · · · · p. 912 p. 9 p. 9 p. 9 p. 912 Linkage to the organisation's social and environmental performance has not been separately addressed. p. 912 p. 11 p. 3, 2425, 37 p. 8 p. 8 p. 8 p. 8 Economic Responsibility Indicators EC1 Direct economic value generated and distributed, including revenues, operating costs, employee compensation, donations and other community investments, retained earnings, and payments to capital providers and governments EC2 Financial implications and other risks and opportunities for the organisation's activities due to climate change EC3 Coverage of organisation's pension obligations EC4 Significant financial assistance received from government EC5 Range of ratios of standard entry level wage compared to local minimum wage at significant locations of operation EC6 Policy, practices, and proportion of spending on locally-based suppliers at significant locations of operation EC7 Procedures for local hiring and proportion of senior management hired from the local community at locations of significant operation p. 18 p. 18 p. 18 p. 19 Finnair's procurement guidelines are adhered to in all procurement. Finnair complies with local legislation in its recruitment.
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