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 have policies and procedures that prioritize qualifications, skills, and experience as the foundation for recruitment, placement, training, and advancement at all levels, while considering the potential challenges some individuals may face in acquiring these qualifications, skills, and experience?
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Question Id: S1-1_15
At GN, our commitment to Diversity, Equity, and Inclusion (DEI) is foundational to our values and operations. Our global DEI policy outlines our beliefs, aspirations, and targets, ensuring accountability at the highest levels, including our Executive Leadership Team (ELT). This policy is aimed at addressing the identified material potential negative impact related to the negative impact on the well-being of employees as a consequence of lack of diversity and applies across all Group companies and is accessible to all employees. GN is dedicated to regularly reviewing and updating our DEI policies to reflect evolving best practices. We will measure our progress against established targets and ensure accountability at all levels of the organization.
Report Date: 4Q2024Relevance: 60%