Communication on Progress

Communication on Progress

Participant
Published
  • 05-Jan-2018
Time period
  • January 2017  –  January 2018
Format
  • Stand alone document – Basic COP Template
Differentiation Level
  • This COP qualifies for the Global Compact Active level
Self-assessment
  • Includes a CEO statement of continued support for the UN Global Compact and its ten principles
  • Description of actions or relevant policies related to Human Rights
  • Description of actions or relevant policies related to Labour
  • Description of actions or relevant policies related to Environment
  • Description of actions or relevant policies related to Anti-Corruption
  • Includes a measurement of outcomes
 
  • Statement of continued support by the Chief Executive Officer

  • Statement of the company's chief executive (CEO or equivalent) expressing continued support for the Global Compact and renewing the company's ongoing commitment to the initiative and its principles.

  • To our stakeholders:

    I am pleased to confirm that BioPorto reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labour, Environment and Anti-Corruption.

    In this annual Communication on Progress, we describe our actions to continually improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations. We also commit to share this information with our stakeholders using our primary channels of communication.

    Sincerely yours,

    Thomas Magnussen, Chairman of the Board of Directors

Human Rights
  • Assessment, policy and goals

  • Description of the relevance of human rights for the company (i.e. human rights risk-assessment). Description of policies, public commitments and company goals on Human Rights.

  • Human Rights
    1. Businesses should support and respect the protection of internationally proclaimed human rights; and
    2. make sure that they are not complicit in human rights abuses.

    BioPorto supports and respects human rights. BioPorto has no external suppliers in countries that do not respect human rights. In 2017, BioPorto established a Code of Conduct covering the above. BioPorto’s employees are obliged by BioPorto’s Code of Conduct and will be implemented into supplier contracts to ensure that the company’s suppliers respect human rights.

  • Implementation

  • Description of concrete actions to implement Human Rights policies, address Human Rights risks and respond to Human Rights violations.

  • In 2017, BioPorto established a Code of Conduct covering the above. BioPorto’s employees are obliged by BioPorto’s Code of Conduct and will be implemented into supplier contracts to ensure that the company’s suppliers respect human rights.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • Through Audits.

Labour
  • Assessment, policy and goals

  • Description of the relevance of labour rights for the company (i.e. labour rights-related risks and opportunities). Description of written policies, public commitments and company goals on labour rights.

  • Labor rights
    3. Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
    4. the elimination of all forms of forced and compulsory labor;
    5. the effective abolition of child labor; and
    6. the elimination of discrimination in respect of employment and occupation.

    Danish and American traditions, culture and law mean that labor rights are naturally supported and complied with by BioPorto, both in Denmark and the United States. BioPorto has no external suppliers in countries that use child labor or forced and compulsory labor, and BioPorto deems that there is a very low risk of this taking place in areas where BioPorto might be expected to operate. In 2017, BioPorto established a Code of Conduct covering the above. BioPorto’s employees are obliged by BioPorto’s Code of Conduct and will be implemented into supplier contracts to ensure that suppliers comply with these labor rights.

    BioPorto group has fair and equal employment terms and working conditions, including equality and non-discrimination. Both the physical and mental working environment are monitored and continually improved to avoid accidents, injury and illness.

    In the composition of its staff, BioPorto endeavors to achieve an equal gender breakdown as well as a diversity of educational backgrounds, nationalities and cultures. This diversity provides a dynamic workday and encourages fine interplay for the benefit of staff and company efforts alike.

    The company pursues a policy of providing equal opportunities for both genders. The company also seeks diversity in the composition of the Board with a reasonable age composition, in terms of nationalities and an equal gender distribution. BioPorto has defined a target that, by 2025, at least 25 % of the members of the Board of Directors must belong to the under-represented gender. The target is in accordance with the Danish Financial Statement Act § 99b. However, this target must not rank prior to the other competency requirements in the nomination of board candidates.

    The Board of Directors currently consists of three male members and one female member. The nomination committee has a clear policy for evaluating candidates of both genders for vacant board positions, and for the election in 2017 a female candidate was found to honour the competency requirements. For future vacancies in the Board, the nomination committee will continue to evaluate candidates of both genders.

    2017 - Female, Male, Non-Danish
    All Employees - 52%,48%,22%
    Head of Departments - 37%,63%,0%
    Executive Management (one person) - 0%,100%,0%
    Board of Directors - 20%,80%,0%

  • Implementation

  • Description of concrete actions taken by the company to implement labour policies, address labour risks and respond to labour violations.

  • In 2017, BioPorto established a Code of Conduct covering the above. BioPorto’s employees are obliged by BioPorto’s Code of Conduct and will be implemented into supplier contracts to ensure that suppliers comply with these labor rights.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • Through education, policies and audits

Environment
  • Assessment, policy and goals

  • Description of the relevance of environmental protection for the company (i.e. environmental risks and opportunities). Description of policies, public commitments and company goals on environmental protection.

  • Environment
    7. Businesses should support a precautionary approach to environmental challenges;
    8. undertake initiatives to promote greater environmental responsibility; and
    9. encourage the development and diffusion of environmentally friendly technologies.

    BioPorto’s in-house production is limited in scope and of such a nature that it has an insignificant environmental impact. An ongoing effort will be made to minimize any other possible environmental impact, including the consumption of water and electricity, which will cut costs at the same time. BioPorto’s activities are primarily knowledge-based. In 2017, BioPorto established a Code of Conduct covering the above. BioPorto’s employees are obliged by BioPorto’s Code of Conduct and will be implemented into supplier contracts to ensure the above.

  • Implementation

  • Description of concrete actions to implement environmental policies, address environmental risks and respond to environmental incidents.

  • In 2017, BioPorto established a Code of Conduct covering the above. BioPorto’s employees are obliged by BioPorto’s Code of Conduct and will be implemented into supplier contracts to ensure the above.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates environmental performance.

  • Through education, policies and audits

Anti-Corruption
  • Assessment, policy and goals

  • Description of the relevance of anti-corruption for the company (i.e. anti-corruption risk-assessment). Description of policies, public commitments and company goals on anti-corruption.

  • Anti-Corruption
    10. Businesses should work against corruption in all its forms, including extortion and bribery.

    BioPorto takes sharp issue with corruption, bribery and similar methods. Suppliers and partners are chosen with care and are included in BioPorto’s quality system. Corruption problems have not affected BioPorto’s activities up to now. In 2017, BioPorto established a Code of Conduct covering the above. BioPorto’s employees are obliged by BioPorto’s Code of Conduct and will be implemented into supplier contracts to ensure that suppliers comply with the above.

  • Implementation

  • Description of concrete actions to implement anti-corruption policies, address anti-corruption risks and respond to incidents.

  • In 2017, BioPorto established a Code of Conduct covering the above. BioPorto’s employees are obliged by BioPorto’s Code of Conduct and will be implemented into supplier contracts to ensure that suppliers comply with the above.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates anti-corruption performance.

  • Through education, policies and audits