Our commitments
Sustainability is embedded in our culture. Our values - collaborative, dynamic, responsible and long-term perspecive - are at the core of how we operate and navigate in our daily operation.
The overall target is to integrate ESG in our daily operating model, both for Arendals Fossekompani and our portfolio companies. The work we do on compliance and improvement of policies and guidelines, is according to the OECD Guidelines for Multinational Enterprises. The OECD Guidelines are also supported by the investment strategy in M&A processes and Arendals Fossekompani’s Green Bond Framework.
Governance Framework
The OECD Guidelines for Multinational Enterprises are recommendations from governments to multinational enterprises on responsible business conduct. The OECD Guidelines set standards for responsible business conduct across a range of issues, such as human rights, labor rights and the environment.
The Norwegian Corporate Governance Board ("NCGB" or "NUES") issues the recommendation on corporate governance for companies listed in Norway.
Ambitions and goals for 2022
1
OECD Guidelines for Mulitnational Enterprices and NUES
OECD Guidelines for Mulitnational Enterprices and NUES
2
100 % of employees will recieve training in Code of Conduct and whistleblower policy
100 % of employees will recieve training in Code of Conduct and whistleblower policy
3
100% of portfolio companies has distributed supplier CoC to their suppliers
100% of portfolio companies has distributed supplier CoC to their suppliers
