GN Store Nord
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph AR10
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- Provide a detailed account of any significant changes to the policies adopted during the reporting year, particularly in relation to the undertaking's own workforce. This should include any new expectations for foreign subsidiaries, additional approaches to due diligence and remedy, and any policies or commitments aimed at preventing or mitigating risks and negative impacts on the workforce due to efforts in reducing carbon emissions and transitioning to greener operations. Additionally, outline any opportunities created for the workforce, such as job creation and upskilling, and include explicit commitments to a 'just transition.'
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Question Id: S1-1_02
GN has taken several actions in response to potential negative impacts on a case-by-case basis. Depending on the nature of the impact, actions are determined based on international and local standards and regulations, internal policies, and input from employee engagement processes. GN ensures adequate resource allocation for addressing each material impact with clearly defined roles and responsibilities. Execution of actions is anchored in GN’s existing governance structures, which defines roles and responsibilities, and ensures sufficient resource allocation. To evaluate effectiveness of actions implemented, GN conducts assessment and collects the necessary data for analysis. The results are reviewed by senior management to identify areas that require attention, allowing for necessary amendments to be made where needed. For longer term initiatives, GN performs continuous assessments to address any emerging issues promptly.
Report Date: 4Q2024Relevance: 50%
- Does the undertaking ensure that all employees receive an adequate wage in accordance with applicable benchmarks? If affirmative, this statement will suffice to meet the disclosure requirement S1-10, and no additional information is necessary.
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Question Id: S1-10_01
GN is committed to ensure adequate wages for all our employees globally. As GN adheres to country-specific legislation and/or collective agreements, a global policy has not been defined. To ensure that GN continues to provide fair and competitive pay, we continuously monitor pay positioning of all GN employees compared to identified pay ranges. Besides ensuring that all the GN employees are paid above minimum wage requirement, GN has not set any additional targets related to adequate wages. To ensure that all GN employees are paid adequately, local HR continuously monitor and ensures adherences to local legislation and/or collective agreements. The first year's control on adequate wages has been carried out from a global perspective ensuring that all employees receive at least the country's minimum wage in base salary alone.
Report Date: 4Q2024Relevance: 85%