Independent Assurance Report
Independent Assurance Report
(Translated from the original Report in Finnish language)
To the Management of Elisa Oyj
At the request of the Management of Elisa Oyj (hereafter Elisa) we have performed a limited assurance engagement on the information presented for the reporting period 1.1.–31.12.2016 in Elisa’s Corporate Responsibility Report 2016 (hereafter corporate responsibility information).
The Management of Elisa is responsible for the preparation and presentation of the corporate responsibility information in accordance with the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines G4, and Elisa’s internal reporting guidelines (hereafter the reporting principles).
Assurance Provider’s responsibility
It is our responsibility to present an independent conclusion on the corporate responsibility information based on our work performed. We do not accept nor assume responsibility to anyone else except to Elisa for our work, for the assurance report and for the conclusions that we have reached.
We have conducted the assurance engagement in accordance with the International Standard on Assurance Engagements (ISAE) 3000 ‘Assurance Engagements Other than Audits or Reviews of Historical Financial Information'. The ISAE 3000 standard requires compliance with ethical requirements as well as planning and performing the assurance engagement to obtain limited assurance on whether the corporate responsibility information has been prepared, in all material respects, in accordance with the reporting principles.
Assurance Provider’s independence and quality assurance
We comply with the independence and other ethical requirements of the Code of Ethics for Professional Accountants issued by the IESBA (International Ethics Standards Board for Accountants). We apply ISQC 1 (International Standard on Quality Control) and accordingly maintain a comprehensive system of quality control including documented policies and procedures regarding compliance with ethical requirements, professional standards and applicable legal and regulatory requirements.
Limitations of the Engagement
In a limited assurance engagement the evidence gathering procedures are more limited than in a reasonable assurance engagement, and therefore less assurance is obtained than in a reasonable assurance engagement. The procedures selected depend on the Assurance Provider’s judgment, including an assessment of the risks that the corporate responsibility information would not, in all material respects, comply with the reporting principles. We have planned and performed our engagement to obtain sufficient appropriate evidence on which to base our conclusion.
We have performed, among others, the following procedures:
a. An update of our knowledge and understanding of Elisa’s material sustainability reporting topics, organisation and activities,
b. An assessment of suitability and application of the reporting principles regarding the stakeholders’ needs for information,
c. Interviews with senior management to understand Elisa’s corporate responsibility leadership,
d. Interviews with personnel responsible for gathering and consolidation of the corporate responsibility information to understand the systems, processes and controls related to gathering and consolidating the information,
e. Reviewing corporate responsibility data from internal and external sources and checking the data to reporting information on a sample basis,
f. Performing recalculation of information and reviewing the underlying data which is the basis of narrative disclosures related to the data.
Our assurance report should be read in conjunction with the inherent limitations of accuracy and completeness for corporate responsibility information. This independent assurance report should not be used on its own as a basis for interpreting Elisa’s performance in relation to its principles of corporate responsibility.
Based on our work described in this report, nothing has come to our attention that causes us to believe that the corporate responsibility information has not been prepared, in all material respects, in accordance with the reporting principles, or that the Information is not reliable, in all material respects, based on the reporting principles.
Helsinki, 10 March 2017
Ernst & Young Oy
|Partner, Authorized Public Accountant
||Leader of Climate Change and Sustainability Services