GN Store Nord
ESRS disclosure: ESRS G1 \ DR G1-1 \ Paragraph 9
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- Provide a detailed description of the processes and strategies your organization employs to establish, develop, promote, and evaluate its corporate culture, as required under Disclosure Requirement G1-1 concerning business conduct policies and corporate culture.
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Question Id: G1-1_01
GN’s Group Business Ethics & Compliance department collaborates with the entire organization to mitigate risks of non-compliance with anti-corruption laws and GN policies. The commitment to business ethics is anchored in GN’s Ethics Guide, which outlines the responsibilities and ethical standards expected of all employees and relevant business partners. Standards, policies, and training programs play a critical role in preventing potential misconduct across GN. Additionally, it outlines a decision-making process that supports the resolution of ethical issues and identifies GN departments who are available to help and advice. Case studies are provided to illustrate how ethical responsibilities and guidelines apply in everyday situations. Key content includes the GN Alertline, ethical decision-making, business conduct, employment practices, compliance with laws and regulations, conflict of interest, bribery, and third-party management.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed account of the measures your organization has implemented to safeguard against reporting irregularities, specifically focusing on the protection mechanisms in place for whistleblowers. This information should align with the requirements outlined in Disclosure Requirement G1-1 concerning business conduct policies and corporate culture.
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Question Id: G1-1_05
The EU Whistleblower Directive has been incorporated into Danish law and GN has established a whistleblower hotline, the GN Alertline, and implemented a Non-Retaliation Policy that ensures the protection of whistleblowers. The GN Alertline is a secure and confidential reporting tool hosted by an independent third party. This hotline is available to all employees and external stakeholders and can be accessed on the GN Group website via www.gn.com/whistleblower and for employees also via GN’s intranet. Concerns can be submitted verbally and in writing. The Group Business Ethics & Compliance department serves as GN’s designated investigation unit in compliance with the Danish whistleblower law.
Report Date: 4Q2024Relevance: 90%