GN Store Nord
ESRS disclosure: ESRS S2 \ DR S2-1 \ Paragraph AR 12
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- Provide a detailed explanation of any significant changes to the policies adopted during the reporting year, specifically in relation to Disclosure Requirement S2-5. This should include the process for setting targets concerning the management of material negative impacts, the advancement of positive impacts, and the management of material risks and opportunities. Additionally, clarify whether and how the undertaking engaged directly with workers in the value chain, their legitimate representatives, or credible proxies with insight into their situation, as outlined in Disclosure Requirement S2-1. Include any new expectations for suppliers or new approaches to due diligence and remedy.
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Question Id: S2-1_10
The targets have been set directly relating to value chain workers, such as aiming to reduce negative or advancing positive impacts, or to manage our material risks and opportunities. We have defined a process for setting targets relating to human rights due diligence, but we have not engaged directly with value chain workers, their legitimate representatives, or credible proxies, in setting them, nor in tracking the performance, or in identifying lessons or improvement as a result of our performance. Moving into 2025, we also plan to undertake a comprehensive review of these policy areas to understand any applicable targets that can be set in relation to workers in the value chain. GN’s overall ambition in this sphere reflects our drive to strengthen our due diligence processes and efforts in tracking effectiveness to monitor our progress connected to impacts on value chain workers.
Report Date: 4Q2024Relevance: 65%
- Provide a detailed description of your approach to addressing specific material negative impacts on value chain workers. Include any actions related to your purchasing or internal practices, capacity-building initiatives, engagement with entities within the value chain, or collaborative efforts with industry peers or other relevant parties. Additionally, outline how these actions manage material risks and pursue material opportunities related to value chain workers, and assess the effectiveness of these measures.
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Question Id: S2-4_06
GN's approach to addressing material negative impacts on value chain workers includes a commitment to human rights and managing material sustainability matters. They have introduced initiatives and due diligence processes to engage with value chain workers or their proxies to enable remedy of negative impacts. GN's Supplier Code of Conduct requires suppliers to adhere to human rights standards, and their Modern Slavery Statement addresses potential negative impacts related to forced labor. GN conducts supplier audits and site visits, particularly with tier 1 and 2 suppliers, to manage risks related to working conditions and equal treatment. They also use the FRDM platform to monitor suppliers for forced or child labor risks and the EcoVadis platform to gain insights into policy commitments. Effectiveness is assessed by tracking progress and ensuring compliance with policy objectives.
Report Date: 4Q2024Relevance: 85%