The NIBE Group’s Code of Conduct, together with the rules for corporate governance and Group policies, constitutes the framework for our business activities. The Code applies to all company employees and directors, regardless of geographical location.
The Code of Conduct comprises the following key points:
Respect for human rights – the underlying principle here is respect for our employees and their human rights.
Good working conditions – the underlying principle is to maintain a high standard in the working environment at all the Group’s manufacturing plants and to contribute to the personal and professional development of employees.
Reduced environmental impact – applying a holistic view of environmental work in everything from product development activities, manufacturing and choice of materials to transport, product functionality and the potential for recycling at the end of a product’s useful life.
Sound business ethics – guidance on matters such as honesty, decency, a zero tolerance approach to corruption, avoiding conflicts of interest, respecting competition law and striving to provide transparency.
Requirements on suppliers – underlining the need to work with suppliers who are prepared to comply with our code of conduct, quality criteria and business principles.
Product quality and product safety – the underlying principle is to pay due regard to all factors with a bearing on the quality, safety and environmental adaptation of our products.
Social commitment – the underlying principle is, wherever possible, to become involved in the local community in the cities and regions where we are active.
Transparency – the underlying principle is to ensure that all our communication is open and honest and to observe the appropriate laws, rules and norms.
We have produced a number of policies on issues such as the environment, health and safety, quality and communication. These form the basis for the local business management systems implemented in the various Group companies. Work on quality and the environment is carried out within the framework of the certified quality and environmental management systems, ISO 9001 and ISO 14001.
Following a proposal from the board of directors, the NIBE Group has chosen to report its sustainability performance with reference to the Global Reporting Initiative (GRI). During 2010, we built up a system to collate detailed information from all our production plants relating to the natural and working environments, social conditions and other parameters, such as business ethics and involvement in the local community.
The current report includes sustainability performance data from more than 97% of the Group’s production units, a very good result considering that the system was introduced only in 2010. The sustainability report includes a significant number of parameters and key data that together mean that NIBE meets the criteria for GRI application level C. (A self-assessment tool on the Group’s homepage explains how the GRI indicators are measured and reported.)
Global Reporting Initiative (GRI)
GRI, a set of normative international guidelines for reporting sustainability performance, is used by more than 1,800 organisations worldwide.
The purpose of GRI is to create consistency and comparability in sustainability reporting in order to make it easier to assess and compare companies’ performance in the areas of social, environmental and economic responsibility.