GN Store Nord
ESRS disclosure: ESRS S2 \ DR S2-1 \ Paragraph 19
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- Provide a detailed account of whether and how your company's policies concerning value chain workers align with internationally recognized instruments pertinent to value chain workers, such as the United Nations Guiding Principles on Business and Human Rights. Additionally, disclose the extent to which any instances of non-compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, or the OECD Guidelines for Multinational Enterprises have been reported within your upstream and downstream value chain. If applicable, include an indication of the nature of such cases.
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Question Id: S2-1_08
GN is committed to the UN’s principles of responsible business, having been a signatory of the UN Global Compact since 2010. Over the last reporting period, we have observed no cases of non-respect to these principles involving value chain workers in our upstream or downstream value chain.
Report Date: 4Q2024Relevance: 75%
- Provide a detailed account of whether and how your company's policies concerning value chain workers align with internationally recognized standards, specifically the United Nations Guiding Principles on Business and Human Rights. Additionally, disclose the extent to which any instances of non-compliance with these principles, the ILO Declaration on Fundamental Principles and Rights at Work, or the OECD Guidelines for Multinational Enterprises have been identified within your upstream and downstream value chain. If applicable, include an indication of the nature of such cases.
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Question Id: S2-1_09
GN is committed to the UN’s principles of responsible business, having been a signatory of the UN Global Compact since 2010. Over the last reporting period, we have observed no cases of non-respect to these principles involving value chain workers in our upstream or downstream value chain.
Report Date: 4Q2024Relevance: 70%
- Provide detailed information regarding the processes your organization employs to engage with value chain workers concerning impacts. Specify whether and how the perspectives of these workers influence your decision-making or activities related to managing actual and potential impacts on them. Include an explanation of the stage(s) at which engagement occurs, the type of engagement, and the frequency of such engagements.
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Question Id: S2-2_03
As part of GN’s ongoing due diligence processes, we engage with value chain workers via credible proxies regarding our material impacts that are likely to affect them. All tier 1 contract manufacturers are audited every year, whereas tier 2 suppliers are audited every second year. These audits are based on the UN Global Compact principles of responsible business and the SA8000 standard, which address our material human rights impacts and risks.
During audits, we engage with management functions, such as human resources or operations, by random selection for interviews to gain insights into any work-related issues, hiring practices, and other relevant topics, particularly considering vulnerable or marginalized workers, such as minorities, persons with disabilities, and migrant workers. Following the interview, an assessment is performed to ensure working hours, treatment by superiors, safety, and salary are compliant with our standards and local legislations. Where major audit findings are evident, GN requires these to be addressed through corrective actions. Engagement during supplier audits in our upstream value chain informs our business decisions and ongoing collaboration with suppliers. We also ensure that any major findings from our engagement with value chain workers are incorporated into relevant improvement requirements for our suppliers, as well as to ensure that they comply with our Supplier Code of Conduct.
Report Date: 4Q2024Relevance: 85%