GRID-Arendal: Annual Report 2012

Report of GRID-Arendal’s Board of Directors

ate in an environmentally responsible and resource ef- ficient manner. The Board believes that the foundation’s positive impact on the environment is significantly larg- er than the negative influences caused by any activities such as emitting climate gases through extensive travel. The foundation is a certified Miljøfyrtårn (environmen- tal organization). Through targeted measures, internal health, safety and environmental work and the aware- ness of both employees and our partners, the Board believes that the foundation’s ecological footprint is minimized. Employee travel poses the greatest environ- mental impact. The foundation minimizes this by pur- chasing carbon offsets to finance concrete environmen- tal projects in other countries. The working conditions within GRID-Arendal are found to be good. Long-term sick leave in 2012 amounted to 4.7% of the total working days, while short-term sick leave constituted 1.3%. There were no injuries to staff in 2012, and there were no significant damages to the equipment of the organization. Regular meetings were held between staff and management where issues con- cerning work conditions were discussed. Continuing efforts are being made to reduce stress, improve team- work and provide more effective feedback to staff.

GRID-Arendal is a centre collaborating with the United Nations Environment Programme (UNEP), supporting in- formed decision making and awareness raising through environmental information management, assessments, capacity building services, and outreach and communi- cation tools, methodologies, and products. Focused efforts in 2012 to build up larger externally funded programmes have produced positive results, and the foundation has a significant order reserve for future operations beyond 2013. The Board is very pleased to report a positive financial result in 2012 of NOK 1.235.971, which will be added to the prior year’s equity, thereby creating a new equity balance of NOK 8.495.696. This results in an equity ra- tio of 53% end of 2012. With the satisfactory long-term funding position and efficient operations, the Board ex- pects the overall target of NOK 10.000.000 equity re- serve to be achieved by the end of 2013. The Board is optimistic about the outlook for 2013. The Framework Agreement between GRID-Arendal and the Norwegian Ministry of Foreign Affairs will continue to provide GRID-Arendal with a financial basis for focused work in key areas to support UNEP.

By the end of 2012 the Board was comprised of 5 wom- en and 4 men. The staff consisted of 12 women and 23

GRID-Arendal’s environmental policy is based on the foundation’s “green” values and commitment to oper-

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