GN Store Nord
ESRS disclosure: ESRS G1 \ DR G1-3
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- Provide a detailed description of the procedures currently implemented to prevent, detect, and address any allegations or incidents of corruption and bribery, as required under Disclosure Requirement G1-3.
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Question Id: G1-3_01
GN’s Anti-Corruption Policy outlines expectations and requirements to prevent bribery and corruption. It also provides guidance for employees on how to report misconduct or seek clarification on concerns. The policy is communicated through internal awareness campaigns, e-learnings and in-person training sessions. The Policy defines the purpose, scope, ownership, and responsibilities related to the management of anti-corruption. The Policy explains key terminology related to anti-bribery and anti-corruption, among providing guidance on key processes to prevent and detect misconduct. Anti-corruption and anti-bribery training is mandatory for all employees incl. consultants on an annual basis. GN has not registered any convictions and fines related to violation of anti-corruption or anti-bribery laws. GN’s Ethics & Compliance Program is built on the principles of “Prevent, Detect, and Correct” misconduct. This effort includes compliance policies, training, communication, monitoring, and audits. GN’s Group Business Ethics & Compliance department regularly conducts onsite compliance reviews across all levels of GN, with a focus on anti-corruption and anti-bribery. The department also performs broader planned reviews in collaboration with Group Legal and Group Financial Reporting & Controlling.
Report Date: 4Q2024Relevance: 90%
- Is the investigating committee or the investigators distinct from the management chain responsible for the prevention and detection of corruption and bribery?
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Question Id: G1-3_02
GN has appointed Group Business Ethics & Compliance department as the designated whistleblower investigation unit, in compliance with Danish law. Oversight of these investigations lies with GN’s Audit Committee, which is updated quarterly on findings and recommendations on cases received through the GN Alertline.
Report Date: 4Q2024Relevance: 85%
- Provide detailed information regarding the process, if any, utilized to report outcomes related to the prevention and detection of corruption and bribery to the administrative, management, and supervisory bodies, as per Disclosure Requirement G1-3.
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Question Id: G1-3_03
Oversight of these investigations lies with GN’s Audit Committee, which is updated quarterly on findings and recommendations on cases received through the GN Alertline.
Report Date: 4Q2024Relevance: 65%
- Does the undertaking currently lack procedures to prevent, detect, and address allegations or incidents of corruption or bribery? If so, disclose this fact and provide details of any plans to implement such procedures.
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Question Id: G1-3_04
GN’s Anti-Corruption Policy outlines expectations and requirements to prevent bribery and corruption. GN has not registered any convictions and fines related to violation of anti-corruption or anti-bribery laws.
Report Date: 4Q2024Relevance: 50%
- Provide detailed information on the methods and channels through which your organization communicates its policies related to the prevention and detection of corruption and bribery to relevant stakeholders, ensuring accessibility and comprehension of the policy's implications.
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Question Id: G1-3_05
The policy is communicated through internal awareness campaigns, e-learnings and in-person training sessions.
Report Date: 4Q2024Relevance: 85%
- Provide detailed information regarding the nature, scope, and depth of the anti-corruption and anti-bribery training programs that are either offered or mandated by your organization, as stipulated under Disclosure Requirement G1-3 for the prevention and detection of corruption and bribery.
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Question Id: G1-3_06
Anti-corruption and anti-bribery training is mandatory for all employees incl. consultants on an annual basis.
Report Date: 4Q2024Relevance: 60%