
Our commitments
At Arendals Fossekompani we value our employees, and we strongly believe that diversity makes us better. Our goal is to be a preferred employer with a motivated workforce. We believe that being part of a bigger purpose, working for a more sustainable world, brings more value and motivation to our employees.

The Equality and Anti-Discrimination Act
According to The Equality and Anti-Discrimination Act § 26, all Norwegian employers are obliged to work actively, targeted and systematically to promote equality and prevent discrimination in the workplace. In the Activity and Reporting Obligation Report you can find the results of equality and diversity in Arendals Fossekompani.
Gender equality
In Arendals Fossekompani, we believe that diversity makes us better. Gender equality is specifically measured at three corporate levels: Board of Directors, C-suite positions, and total work force. At year-end 2022, there were 28% women on our Boards, 14% women in C-suite positions and 20% in the total work force. We have defined specific goals for gender equality, applicable for the entire group of Arendals Fossekompani companies.
In 2022 we recieved certification in “Likestilt arbeidsliv” (Equal working life), a certification which aims to contribute to a greater degree of gender equality and diversity in working life. We also participate in the She Index, with focus on diversity and inclusion in leadership and workforce, equal compensation and work life balance.
“At Arendals Fossekompani we value our employees, and we strongly believe that diversity makes us better. Our goal is to be a preferred employer with a motivated workforce”
Ingunn Ettestøl - Chief Sustainability Officer (CSO)

Human rights and labour rights, health and safety
Arendals Fossekompani is committed to respecting human rights in all operations. This includes the rules and principles laid out in the UN Guiding Principles on Business and Human Rights, including the principles and rights set out in the eight fundamental conventions identified in the Declaration of the International Labour Organisation (ILO) on Fundamental Principles and Rights at Work - and the International Bill of Human Rights, and the OECD Guidelines for Multinational Enterprises.
We do not accept any form of child labour. We comply with all fundamental labour rights and have a continuous focus on providing safe working conditions for all.
Our policies on human rights, labour rights, health and safety are addressed in our Code of Conduct, signed by all employees and extended to our suppliers through our Business Partner Code of Conduct.
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Ambitions and goals
50% women on Board of Directors by 2027
50% women on Board of Directors by 2027
At least 40% women in C-suite positions by 2027
At least 40% women in C-suite positions by 2027
Less than 3% absentee rate in 2023
Less than 3% absentee rate in 2023