Communication on Progress

Communication on Progress MinAltan

Participant
Published
  • 15-Aug-2022
Time period
  • August 2021  –  August 2022
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.

  • 15/8-2022

    To our stakeholders:

    I am pleased to confirm that MinAltan A/S 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 sharing this information with our stakeholders using our primary channels of communication.

    Sincerely yours,

    Mr. Jonas Juul-Olsen
    CEO

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.

  • In June 2022, MinAltan's balconies have been certified according to the Cradle to Cradle Products Innovation Institute's standards. The certification meets a wide range of strict requirements within the environment, circular economy, health, and social responsibility. This certification constitutes the primary activity for how MinAltan, since signing up to the UN Global Compact, has allocated resources to launch several actions relating to the categories of human rights, labour, the environment, and anti-corruption.

    • Ensure workers are provided safe and sanitary work facilities on the platforms at the construction sites by educating the employees through annual courses
    • Protect workers from workplace harassment, including physical, verbal, sexual or psychological harassment, abuse, or threats by implementing a Code of
    Conduct
    • Continuously ensure that our product does not harm human rights or the environment and health during manufacturing, usage or disposal of products
    • Ensure that both MinAltan and its suppliers comply with applicable national human rights legislation

  • Implementation

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

  • • Increased awareness among the employees regarding human rights
    • Allocation of responsibility for the protection of human rights within the company
    • Human resource policies and procedures that support human rights

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • • Conducted a workplace environment assessment
    • Information about how the company deals with incidents of Human Rights violations in a recently implemented Code of Conduct
    • Periodic review of results by senior management
    • Started the preparation of some processes contributing to MinAltan being able to measure the effectiveness of the implemented actions in the future. The first step
    in MinAltan's green transition has dealt with the actual implementation of the sustainable actions rather than ensuring procedures to measure the outcomes

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.

  • In June 2022, MinAltan's balconies have been certified according to the Cradle to Cradle Products Innovation Institute's standards. The certification meets a wide range of strict requirements within the environment, circular economy, health, and social responsibility. This certification constitutes the primary activity for how MinAltan, since signing up to the UN Global Compact, has allocated resources to launch several actions relating to the categories of human rights, labour, the environment, and anti-corruption.

    • Ensure that the company does not participate in any form of forced or bonded labour
    • Comply with minimum wage standards
    • Ensure that employment-related decisions are based on relevant and objective criteria
    • Ensure that both MinAltan and its suppliers comply with applicable national labor legislation

  • Implementation

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

  • • Describe how the health and safety of all employees is ensured
    • Consultation with employees and other stakeholders
    • Allocation of responsibilities for the protection of labour rights within your organization
    • Human resource policies and procedures supporting the Labour principles
    • Participation in international framework agreements and other agreements with labour unions

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • • Demographics of management and employees by diversity factors (e.g. gender, ethnicity, age, etc.)
    • Periodic review of results by senior management
    • Specific progress made in the area of Labour during the last reporting period
    • Describe how the company deals with incidents of violations of the Global Compact Labour principles
    • Started the preparation of some processes contributing to MinAltan being able to measure the effectiveness of the implemented actions in the future. The first step
    in MinAltan's green transition has dealt with the actual implementation of the sustainable actions rather than ensuring procedures to measure the outcomes

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.

  • In June 2022, MinAltan's balconies have been certified according to the Cradle to Cradle Products Innovation Institute's standards. The certification meets a wide range of strict requirements within the environment, circular economy, health, and social responsibility. This certification constitutes the primary activity for how MinAltan, since signing up to the UN Global Compact, has allocated resources to launch several actions relating to the categories of human rights, labour, the environment, and anti-corruption.

    • The Cradle to Cradle certification includes MinAltan's impact on the environment to ensure that neither MinAltan's nor MinAltan's suppliers' processes are
    harmful to the environment including potentially environmental damage via regular maintenance of production processes and environmental protection system
    (air pollution control, waste, water treatment systems, etc.)
    • We have analyzed the possible impact of the materials used on the environment in connection with the certification

  • Implementation

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

  • • Activities aimed at improving the energy efficiency of products, services and processes
    • Raise awareness among suppliers by asking for the environmental footprint of products or services
    • Awareness raising of employees on environmental protection
    • Allocation of responsibilities for environmental protection within the company

  • Measurement of outcomes

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

  • • Conducted a sustainability report documenting MinAltans climate footprint
    • Information about how the company deals with incidents
    • Started the preparation of some processes contributing to MinAltan being able to measure the effectiveness of the implemented actions in the future. The first step
    in MinAltan's green transition has dealt with the actual implementation of the sustainable actions rather than ensuring procedures to measure the outcomes

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.

  • In June 2022, MinAltan's balconies have been certified according to the Cradle to Cradle Products Innovation Institute's standards. The certification meets a wide range of strict requirements within the environment, circular economy, health, and social responsibility. This certification constitutes the primary activity for how MinAltan, since signing up to the UN Global Compact, has allocated resources to launch several actions relating to the categories of human rights, labour, the environment, and anti-corruption.

    • Furthermore, the Cradle to Cradle certification requires an assessment of the risk of corruption when doing business
    • “Anti-corruption” and/or “ethical behavior” is mentioned in our Supplier Code of Conduct and contracts with business partners
    • Ensure that internal procedures support the company’s anti-corruption commitment

  • Implementation

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

  • • Awareness raising of employees about the company's policies regarding anti-corruption and extortion in a Code of Conduct
    • Allocation of responsibilities for anti-corruption within the company

  • Measurement of outcomes

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

  • • Information about how the company deals with incidents of corruption in a Code of Conduct
    • Internal audits to ensure consistency with anti-corruption commitment, including periodic review by senior management
    • Started the preparation of some processes contributing to MinAltan being able to measure the effectiveness of the implemented actions in the future. The first step
    in MinAltan's green transition has dealt with the actual implementation of the sustainable actions rather than ensuring procedures to measure the outcomes