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.

In 2024 we have made significant strides in our Diversity, Equity, and Inclusion (DEI) initiatives. A key achievement is implementation of the new governance model that ensures women are considered in all leadership appointments. As a result, women accounted for 40% of leadership promotions and hires this year. DEI awareness training was developed and launched for all people leaders. Inclusive leadership workshops for ELT and their direct reports were held to enhance inclusive leadership capabilities in management. All ELT members and their management teams have completed the workshops.