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 process your organization employs for setting targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities. Specify whether and how your organization has engaged directly with workers in the value chain, their legitimate representatives, or credible proxies with insight into their situation. Additionally, when disclosing participation in an industry or multi-stakeholder initiative as part of actions to address material negative impacts, elucidate how the initiative and your organization's involvement aim to address the material impact concerned. Include any relevant targets set by the initiative and the progress made towards achieving them, as per Disclosure Requirements S2-4 and S2-5.
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Question Id: S2-4_14
GN has set targets to track the effectiveness of initiatives and monitor the overall progress of policy implementation. They aim to strengthen human rights due diligence processes to cater to all 9 IROs related to working conditions, equal treatment, and opportunities, as well as child labor and forced labor. GN has not engaged directly with value chain workers, their legitimate representatives, or credible proxies in setting targets. They use the EcoVadis platform to gain insights and track progress. GN plans to onboard at least 80% of their largest and most strategic suppliers to EcoVadis over the next reporting period, aiming to extend supplier audit processes to account for CSDDD requirements.
Report Date: 4Q2024Relevance: 60%