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.

Reflecting that GN is a global company with blue and white-collar employees spread across different geographies, we have six IROs related to our own workforce, all of which are impacts (see pages 52-53). Three of the IROs are related to working conditions, specifically addressing negative impacts in terms of working time, adequate wages, and health & safety. The other three IROs relate to equal treatment and opportunities, including equal pay, harassment, and diversity. The IROs are considered in terms of all GN employees, however negative impacts related to health and safety are particularly relevant for blue-collar employees at our major manufacturing sites. Disclosures on employee engagement and remediation and channels for raising concerns are relevant to all IROs, while the disclosures on human and labor rights refer to the material impacts linked to health & safety, diversity and anti-harassment.