8 July 2022

To our stakeholders:

I am pleased to confirm that Retap ApS 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 are also committed to share this information with our stakeholders using our primary channels of communication.

Sincerely yours,
Lars Brøndum Petersen
Chief Executive Officer

We respect the Universal Declaration of Human Rights and uphold individual freedom of expression and opinion. We strongly believe that “All human beings are born free and equal in dignity and rights”.

We seek to avoid complicity in human rights abuses and commit ourselves to developing an organizational culture which implements the internationally recognized human rights within the Universal Declaration of Human Rights.

The principle is upheld by regular meetings between management and individual employees and in weekly office meetings. The meetings provide a useful forum for exchange of opinions. Both employees and partners are encouraged to bring up any matter they feel would be worth a discussion.
If concerns of any matter are voiced or made known we investigate and make final disposition.

We have ongoing evaluations and we monitor employee satisfaction with the staff development interviews. In order to maintain a high degree of employee satisfaction we act swiftly regarding any concerns among our employees.

We support the UNCG principles on labour standards in addition to following local laws and labour rights. We believe that businesses should uphold the freedom of association and support the elimination of all forms of forced and compulsory labour. Businesses should also uphold the effective abolition of child labour. Furthermore, we believe that businesses should uphold the elimination of discrimination in respect of employment and occupation.

Most of Retap’s employees are located in Denmark and therefore they are covered by the Danish government’s legislation and requirements securing the rights of workers in regards to the above-mentioned principles. Our company handbook covers policies concerning our employee rights and responsibilities. We also have dedicated resources that monitor and mandate environmental and safety risks.

All employees have received and been introduced to the company handbook. In addition to that we have an open-door policy which is essential in order to capture grievances. Our Human Resource department is responsible for the training of all our employees. Prevention and safety issues are being tracked.

We encourage employees, clients and partners to report back if they suspect any wrongful doing in our company and investigations are made internally.

Retap strives to minimize the environmental impact of our activities. We have initiated several actions to minimize our environmental impact. We continuously work with our environmental actions and strive to be innovative when it comes to environmentally friendly products.

Over the past years, we have implemented many green solutions to reduce our environmental impact. E.g. we strive to use the most energy efficient technologies.
It probably goes without saying that being a supplier of a sustainable reusable glass water bottle we feel committed to keep on reducing our carbon footprint and lower our environmental impact.

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

We are being more selective in choosing which events we want to travel to. Giving our employees the possibility to work from home also reduces CO2 emissions.

We sort our waste and have a strong focus on minimizing packaging and reusing as much as possible. In addition to that we have reduced our consumption of printing supplies and paper significantly.

We test, document and respond to all required environmental stakeholders. We will continue to refine our policies and educate ourselves on new environmental mandates, issues and concerns.
We cooperate with our customers and suppliers on lowering our common environmental impact.

Retap supports the UNGC principles on anti-corruption. According to Transparency International Denmark is perceived as the least corrupt country in the world.
We work against corruption in all its forms. We have zero tolerance to bribery and are strongly opposed to, do not accept and have zero tolerance for corruption, extortion or bribery in any form.

We will implement policies related corruption in our company.
We will train employees in the aspects and requirements to protect all affected parties.

Any reported corruption will be dealt with in accordance with company policy and external authorities. We have external auditors to validate our financials.