GN Store Nord
ESRS disclosure: ESRS S2 \ DR S2-1 \ Paragraph 17
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- Provide a comprehensive description of your company's human rights policy commitments that pertain to value chain workers. Include details on the processes and mechanisms implemented to ensure compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, and the OECD Guidelines for Multinational Enterprises. Focus on material matters and outline the general approach adopted by your company in this context.
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Question Id: S2-1_01
GN is committed to ensuring that human rights are safeguarded and that we manage our material sustainability matters related to value chain workers. Our human rights policy commitments cover all value chain workers across all geographies in which we operate to enable identification, assessment, and management, or remediation of our material IROs. 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. To address our human rights policy commitments, GN has introduced a number of initiatives and due diligence processes to ensure we are able to engage with value chain workers or their proxies and representatives to take measures enabling remedy of our negative impacts. Furthermore, we strive to set policy commitments that inform GN’s overall strategy and work in this area, ensuring we take into account the interests, views, and rights of workers in the value chain.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed description of the processes employed to identify necessary and appropriate actions in response to actual or potential material negative impacts on value chain workers. Include approaches to managing material risks, pursuing material opportunities, and evaluating the effectiveness of these actions.
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Question Id: S2-4_05
GN's approach to identifying necessary and appropriate actions in response to material negative impacts involves engagement initiatives with suppliers based on material negative impacts relating to working conditions and equal treatment of value chain workers. They conduct audits and site visits with tier 1 and 2 suppliers, focusing on child labor and forced labor. GN believes their processes enable them to identify related negative impacts and have dedicated resources to understand which actions are needed. Effectiveness is tracked by reviewing material findings from due diligence processes and engaging with stakeholders and suppliers to mitigate impacts.
Report Date: 4Q2024Relevance: 85%