Caruna’s year 2018 is a description of how Caruna takes care of electricity distribution and maintains, overhauls and builds a weatherproof electricity network for its 680,000+ customers across two very different network companies: Caruna Oy in sparsely populated areas and Caruna Espoo Oy, the urban network company.
The Annual Report also sheds light into how we create value to our various stakeholders and the Finnish society at large. We are a significant investor and employer and our operations have a significant positive impact especially on the economy of sparsely populated areas. The Report also has information on Caruna's tax footprint, which saw strong growth.
Caruna has reported on corporate responsibility in accordance with the Global Reporting Initiative (GRI) G4 materiality process since 2015. In 2018, we began using GRI Standards for corporate responsibility reporting. Corporate responsibility is included in the 2018 at Caruna section.
The Governance section has information on the company's governance and control system and the principles and measures embedded in the system.
The Financial Statements section covers the Board's operating and financial review and consolidated financial statements.