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 internal functions involved in managing impacts within your organization. Specify the types of actions these functions undertake to address negative impacts and advance positive impacts. Include information on the process for setting targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities. Indicate whether and how your organization engaged directly with workers in the value chain, their legitimate representatives, or credible proxies with insight into their situation. Additionally, outline the resources allocated to the management of material impacts and evaluate the effectiveness of these actions.
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Question Id: S2-4_18
GN's internal functions involved in managing impacts include senior management and compliance functions, which oversee the implementation of policies with suppliers. They conduct supplier audits and site visits, particularly with tier 1 and 2 suppliers, to manage risks related to working conditions and equal treatment. GN uses the FRDM platform to monitor suppliers for forced or child labor risks and the EcoVadis platform to gain insights into policy commitments. These resources enable users to understand the management of impacts by providing comprehensive assessments and documentary evidence to substantiate the absence of abuses. Effectiveness is assessed by tracking progress and ensuring compliance with policy objectives.
Report Date: 4Q2024Relevance: 85%