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 account of the actions currently planned or being implemented to mitigate material risks associated with impacts and dependencies on value chain workers. Additionally, explain the methods employed to monitor and assess the effectiveness of these actions in practice.
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Question Id: S2-4_08
GN's actions to mitigate material risks include managing IROs on working conditions and equal treatment through supplier audits and site visits, particularly with tier 1 and 2 suppliers. They focus on child labor and forced labor in the upstream value chain. GN uses the FRDM platform to monitor suppliers who pose a high risk of forced or child labor violations, requiring comprehensive assessments and documentary evidence. The EcoVadis supply chain data platform is used to gain insights into policy commitments and track progress. Effectiveness is assessed by reviewing material findings from due diligence processes and engaging with stakeholders and suppliers to mitigate impacts.
Report Date: 4Q2024Relevance: 90%