GRI Index

General disclosures

General disclosures
Category Nr  GRI-description Section
Strategy & analysis G4‑1 Provide a statement from the most senior decision-maker of the organization (such as CEO, chair, or equivalent senior position) about the relevance of sustainability to the organization and the organization’s strategy for addressing sustainability. Foreword
  G4‑2 Provide a description of key impacts, risks, and opportunities. Vision Gas
Vision Green
Vision Groningen
Organizational profile G4‑3 Report the name of the organization. About GasTerra
  G4‑4 Report the primary brands, products, and services. About GasTerra
  G4‑5 Report the location of the organization's headquarters. About GasTerra
  G4‑6 Report the number of countries where the organization operates, and names of countries where either the organization has significant operations or that are specifically relevant to the sustainability topics covered in the report. Sales and supply
Procurement virtual trading points and abroad
Supply chain upstream
  G4‑7 Report the nature of ownership and legal form. Governance
  G4‑8 Report the markets served.     Sales and supply
  G4‑9 Report the scale of the organization.      Summary of financial results
Human resources and organisation
Annual accounts
  G4‑10 a. Report the total number of employees by employment contract and gender. 
b. Report the total number of permanent employees by employment type and gender. 
c. Report the total workforce by employees and supervised workers and by gender. 
d. Report the total workforce by region and gender. 
e. Report whether a substantial portion of the organization’s work is performed by workers who are legally recognized as self-employed, or by individuals other than employees or supervised workers, including employees and supervised employees of contractors. 
f. Report any significant variations in employment numbers.
Staffing and numbers 
Training and career development
  G4‑11 Report the percentage of total employees covered by collective bargaining agreements. Collective Labour Agreement and pension
  G4‑12 Describe the organization's supply chain.  Supply chain management
  G4‑13 Report any significant changes during the reporting period regarding the organization's size, structure, ownership, or its supply chain. Reading guide
  G4‑14 Report whether and how the precautionary approach or principles is addressed by the organization. Governance
  G4‑15 List externally developed economic, environmental and social charters, principles, or other initiative to which the organization subscribes or which it endorses.  Supply chain management
  G4‑16 List memberships of associations and national or international advocacy organizations in which the organization: holds a position on the governance body; participates in projects or committees; provides substantive funding beyond routine membership; views memberships as strategic. Foreword
Supply chain management
Knowledge sharing
Ancillary positions held by members of the GasTerra Board of Directors and main- and ancillary positions held by members of the Board of Supervisory Directors of GasTerra
Identified material aspects and boundaries G4‑17 a. List all entities included in the organization’s consolidated financial statements or equivalent documents.
b. Report whether any entity included in the organization’s consolidated financial statements or equivalent documents is not covered by the report.
Annual accounts
  G4‑18 a. Explain the process for defining the report content and the Aspect Boundaries.
b. Explain how the organization has implemented the Reporting Principles for Defining Report Content.
Reading guide
Stakeholder dialogue
  G4‑19 List all the material aspects identified in the process for defining report content. Stakeholder dialogue
  G4‑20 For each material Aspect, report the Aspect Boundary within the organization, as follows: Report whether the Aspect is material within the organization; whether the Aspect is not material for all entities within the organization ; report any specific limitation regarding the Aspect Boundary within the organization. Supply chain management
Compliance
Knowledge sharing
Stakeholder dialogue
  G4‑21 For each material Aspect, report the Aspect Boundaries outside the organization. Stakeholder dialogue
  G4‑22 Report the effect of any restatement of information provided in previous reports, and the reasons for such restatements.   Reading guide
  G4‑23 Report significant changes from previous reporting periods in the Scope and Aspect Boundaries. Stakeholder dialogue
Stakeholder engagement G4‑24 Provide a list of stakeholder groups engaged by the organization. Stakeholder dialogue
  G4‑25 Report the basis for identification and selection of stakeholders with whom to engage. Stakeholder dialogue
  G4‑26 Report the organization's approach to stakeholder engagement, including frequency of engagement by type and by stakeholder group, and an indication of whether any of the engagement was undertaken specifically as part of the report preparation process. Stakeholder dialogue
  G4‑27 Report key topics and concerns that have been raised through stakeholder engagement, and how the organization has responded to those key topics and concerns. Stakeholder dialogue
Report profile G4‑28 Reporting period for information provided. Reading guide
  G4‑29 Date of most recent previous report. Reading guide
  G4‑30 Reporting cycle. Reading guide
  G4‑31 Provide the contact point for questions regarding the report or its contents Contact
  G4‑32 a. Report the 'in accordance' option the organization has chosen.
b. Report the GRI Content Index for the chosen option.
c. Report the reference to the External Assurance Report.
Reading guide
GRI-index
Declaration EY
  G4‑33 Report the organization's policy and current practice with regard to seeking external assurance for the report. Governance
Reading guide
Governance G4‑34 Report the governance structure of the organization, including committees of the highest governance body. Message from the Board of Supervisory Directors
Governance
    Describe the organization's values, principles, standards and norms of behavior such as codes of conduct and codes of ethics. About GasTerra
Compliance & regulation
  G4‑57 Report the internal and external mechanism for seeking advice on ethical an lawful behavior, and matters related to organizational integrity, such as helplines or advice lines. Objections, Complaints and abuses
  G4‑58 Report the internal and external mechanism for reporting concerns about unethical or unlawful behavior, and matters related to organizational integrity, such as escalation through line management, whistleblowing mechanism or hotlines. Objections, Complaints and abuses

Specific disclosures

Specific disclosures
Material aspects Definition GRI Aspect Indicator DMA and indicator  
Financial results The financial results are naturally the key data in the Annual Report, given that our core activity is the purchase and sale of natural gas. This material issue comes entirely within the scope of GasTerra's responsibilities. A key focus area in 2015 was maximising the value of Dutch natural gas while remaining under the production ceiling for the Groningen Gas Field laid down by the cabinet. Another key focus area was the renegotiation of long-term purchase and sales contracts. Our approach in view of these matters is set out in the Gas section. Economic performance G4-EC1
G4-EC8
a. Report why the aspect is material. Report the impacts that make this aspect material.
b. Report how the organization manages the material aspect or its impacts.
c. Report the evaluation of the management approach.

G4-EC1 Direct economic value generated and distributed.
G4-EC8 Significant indirect economic impacts, including the extent of impacts.
 
Position of gas The world is facing the challenge of switching from the current energy mix based on fossil fuels to an energy mix based on renewable sources. GasTerra and its stakeholders believe that it is important to facilitate as smooth a transition as possible from fossil fuels to renewables and see an important role for natural gas in this. Given the price differential, electricity producers prefer to generate electricity using coal rather than gas. A number of energy companies in Northwest Europe have already switched off their gas-fired power stations or announced plans to do so. We are not alone in observing this trend, various stakeholders have mentioned it too. This is why this Annual Report identifies the position of gas, over time in combination with CSS, as a material issue. This is a shared responsibility. We are developing various initiatives whose purpose is to emphasise the importance of gas in energy transition. GasTerra’s approach in this area is described in the Green section. Economic performance G4-EC8 a. Report why the aspect is material. Report the impacts that make this aspect material.
b. Report how the organization manages the material aspect or its impacts.
c. Report the evaluation of the management approach.
 
Education As a society we are facing the immense challenge of supplying future generations with sufficient sustainably generated and affordable energy. It is very important that we train energy professionals for this, as GasTerra's stakeholders also emphasise. This is why GasTerra has identified education as a material issue. GasTerra’s approach in this area is described in the Green section. Education is a very important element of the value chain for all parties. We see this as a shared responsibility and we put it into practice by bringing the energy question to the attention of students in schools and in tertiary education. Local Communications G4-SO1 a. Report why the aspect is material. Report the impacts that make this aspect material.
b. Report how the organization manages the material aspect or its impacts.
c. Report the evaluation of the management approach
 
Compliance GasTerra is having to deal with more and more regulations at national and European level. It is very important that we comply with these statutory and regulatory provisions, which is why we have identified compliance as a material issue. Compliance with statutory and regulatory provisions comes entirely within the scope of GasTerra's responsibilities. We have drawn up conduct rules and procedures to ensure that we comply. We require our employees to take a compliance course every year for example. This objective was achieved in 2015. GasTerra's approach to compliance is described in the Conduct Rules and Procedures section. Product responsibility
Compliance
G4-PR9 a. Report why the aspect is material. Report the impacts that make this aspect material.
b. Report how the organization manages the material aspect or its impacts.
c. Report the evaluation of the management approach.
 
Responsible chain management upstream It emerged from the stakeholder dialogue that stakeholders are unclear about GasTerra's role and influence upstream, especially with respect to the earthquake problems and the purchase of foreign gas (especially from Russia). As far as the production of Groningen gas is concerned, the division of roles is as follows: NAM extracts this gas and is responsible for implementing the cabinet's decisions on limiting production from the Groningen Gas Field. GasTerra is solely responsible for selling this gas.

The production from the Groningen Gas Field (and the small fields) is subject to strict environmental and safety regulations laid down by the government. GasTerra has no direct influence on this but expects its suppliers to comply with the legal requirements. As the sole seller of Groningen gas, we are directly involved in safeguarding the security of supply. It is low-calorific gas compared with gas from other sources (hence L-gas). Millions of consumers in the Netherlands, Germany, Belgium and France have appliances that can only burn gas of this quality. Their energy companies are therefore dependent on it.

To help secure the supply, GasTerra closely monitors sales in relation to forecasts, working closely with NAM and GTS on this. Thanks to this approach, the production ceilings have not put security of supply at risk for consumers of L-gas.

GasTerra also buys small volumes of gas from Norway and Russia. Production from these foreign sources is subject to the regulations applicable in those countries. GasTerra has no direct influence on this.

To provide more information on this theme and GasTerra's influence, chain management is identified as a material issue in this Annual Report. GasTerra’s approach is set out in the Chain Management section.
Supplier assesment for impacts on society G4-SO10 a. Report why the aspect is material. Report the impacts that make this aspect material.
b. Report how the organization manages the material aspect or its impacts.
c. Report the evaluation of the management approach.

G4-SO10 Significant actual and potential negative impacts on society in the supply chain and actions taken.