Orkla strives to operate in accordance with fundamental ethical values and with respect for individuals, society and the environment. To ensure compliance with this standard in every part of the Group, Orkla places emphasis on developing good leadership, a strong corporate culture and appropriate management procedures.
Each Orkla company has an independent responsibility for its own operations, which includes exercising corporate responsibility in accordance with the Group’s values and general guidelines. The CEO of each Orkla company is responsible for implementing the Group’s directive on corporate responsibility. This work must be based on the principles of a precautionary approach and continuous improvement, and companies must focus their efforts on the areas in which the need for improvement and possibility of exercising influence are greatest. The companies’ prioritisation of resource use must be based on an assessment of the needs of both the business and its stakeholders.
Orkla’s governing documents are accessible to all the companies through the Group’s web-based governance portal. To ensure that employees are familiar with Orkla’s directive and Code of Conduct, internal training is provided by both the Group and the companies.
Orkla monitors the companies’ corporate responsibility and sustainability work by means of annual internal status reports. This reporting takes place in connection with business area reviews and Orkla’s external sustainability reporting.
Orkla’s Board of Directors approves the Group’s general guidelines for business ethics and corporate responsibility. The Board also monitors the Group’s efforts by means of an annual assessment of the progress made in corporate responsibility and EHS work, a quarterly review of changes in key EHS indicators and ongoing discussion of individual matters considered to be of material importance for Orkla’s operations. Orkla’s Executive Vice President, Chief of Group Functions and Legal Affairs, has administrative responsibility for Orkla’s corporate responsibility work, and determines which matters are to be submitted to the Board of Directors.