Kverneland AS
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Human Rights
- Decent Working Conditions
- ESG
Social Achievements
- Established a whistleblowing mechanism for reporting human rights concerns.
- Developed a Supplier Code of Conduct outlining expectations for labor rights, environmental sustainability, and business integrity.
Governance Achievements
- Established ESG management oversight and bodies in 2023.
- Initiated development of ESG training programs for employees.
Climate Goals & Targets
Medium-term Goals:
- Increase control and oversight on supplier audits and assessments.
- Establish key performance indicators (KPIs) on human rights and ESG more broadly.
Short-term Goals:
- Establish ESG management and oversight with processes, risk assessments, and reporting structurally across all locations (2023/2024).
Environmental Challenges
- Potential risks in the supply chain related to raw material production, including human rights violations of migrant workers, child labor, decent working conditions (HSE, working hours, etc.), and forced labor.
Mitigation Strategies
- Implementing a Human Rights Risk Framework to assess potential and actual risks.
- Conducting audits and supplier assessments.
- Establishing clear KPIs on ESG, including human rights.
- Engaging in risk assessments, continuous monitoring, and supplier dialogue.
- Developing stakeholder dialogue processes.
- Strengthening internal and external communication.
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: OECD Guidelines for Multinational Enterprises, UN Guiding Principles on Business and Human Rights