Communication on Progress

Communication on Progress

Participant
Published
  • 06-Oct-2021
Time period
  • October 2020  –  October 2021
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.

  • October 6, 2021

    To our stakeholders:

    I am pleased to confirm that Nordic Sustainability 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,

    Sven Beyersdorff
    Managing Partner

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.

  • We strongly support the Universal Declaration of Human Rights. Our internal code of conduct highlights the relevance of the declaration, and we aim to reflect this in our company's purchases. Given the small size of our company, we procure only small quantities of items and do not use codes of conducts. Our Human Rights risk analysis for Denmark shows very low risks, mainly in the area of adequate working hours and conditions for our employees. We are working with this by implementing a 4-day work week.

  • Implementation

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

  • We have low to no Human Rights risks, operating in Denmark with purely local workforce, in a sector with high pay and no precarious working conditions. Hence, we focus on Human Rights in terms of active and continuous improvement of our employee setup.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • We have weekly survey instruments for our employees to feed back issues they might have. We also actively integrate diversity and inclusion principles into our hiring and promotion practices.

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.

  • Our business only negatively contributes to the Labour principles in terms of the purchases we make and associated upstream effects. We aim to minimise those effects by a) procuring only items necessary for our work, b) being conscious about the sustainability footprint of our purchases (main impacts are around ICT), and c) procuring locally where possible, given the lower risk of Labour principle infringements in the Nordic countries.

  • Implementation

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

  • Please see above.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • Our sustainability performance (including our purchases) are a regular part in our monthly innovation and company progress meetings. We discuss progress and potential issues.

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.

  • Our business' largest negative impacts on Environmental principles are in terms of the purchases we make and associated upstream effects. We aim to minimise those effects by a) procuring only items necessary for our work, b) being conscious about the sustainability footprint of our purchases (main impacts are around ICT), and c) procuring locally where possible. We have conducted hotspot assessments on our impacts using the Future-Fit Benchmark, and are actively working to reduce those impacts. Through our work we promote greater environmental responsibility. We also have a very restrictive travel policy that sets clear guidelines for choosing the lowest impact travel options available.

  • Implementation

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

  • S. above

  • Measurement of outcomes

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

  • We perform an annual Future-Fit assessment update where we review our footprint and impacts.

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.

  • We have low risk of corruption, given our industry and activities largely in the Nordic countries. There are no further policies or commitments we have in this area.

  • Implementation

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

  • We have low risk of corruption, given our industry and activities largely in the Nordic countries. There are no further policies or commitments we have in this area.

  • Measurement of outcomes

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

  • We have low risk of corruption, given our industry and activities largely in the Nordic countries. There are no further policies or commitments we have in this area.