RelyOn Nutec
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Human Rights
- Labor Rights
- Environment (including climate)
- Anti-corruption
- Gender Diversity
- Employee Health and Safety
- Economic Sustainability
Environmental Achievements
- Implemented environmental standard in all sites to comply with environmental laws and regulations
- Initiated reporting of carbon footprint and focusing on reducing emissions in operations
- Improved climate resilience of operations through increased digital training solutions and resource efficiency
Social Achievements
- Implemented a data protection module in risk and compliance tool
- Continued data protection projects initiated in 2019, including implementation of an improved IT tool
- Numerous policies in place to ensure well-being, health and safety of delegates and employees
- Systematically worked to implement health and safety improvements across the group
- Focus on minimizing risks and raising awareness about health and safety for employees
- Offering development opportunities for all employees and providing safe and healthy workplaces
- Initiated work on preparing policies, including an anti-corruption policy
Governance Achievements
- Revised Code of Conduct approved and implemented across RelyOn Nutec
- New reporting process implemented to ensure appropriate reporting measures
- Developed e-learning courses to train employees in ABC policies
Climate Goals & Targets
Medium-term Goals:
- At least 30% of Group Management to be of the underrepresented gender by an unspecified year
- At least 40% of Board of Directors to be of the underrepresented gender by 2025
Environmental Challenges
- Underrepresentation of women in management and Board of Directors
- Risks of adverse impacts in relation to human rights, environment, and anti-corruption
- Corruption in some operating areas
Mitigation Strategies
- Target setting and actions to improve gender representation in management and Board of Directors by 2025
- Implementation of a management system for responsible corporate behaviour aligned with UN and OECD guidelines
- Continuous identification, prevention, and mitigation of risks of adverse impacts
- Implementation of policies and procedures to mitigate corruption risks
- Thorough investigation and appropriate action taken when incidents are reported
Supply Chain Management
Responsible Procurement
- Code of Conduct for Business Partners
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Global Compact, UN Guiding Principles on Business and Human Rights (UNGPs), OECD Guidelines for Multinational Enterprises