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Sustainability I ESG

Building the technology of the future, sustainably

At GN, we are proud of the positive difference our products make to society and people’s lives. Our hearing instruments help our users lead better lives, while our audio and video solutions help our customers choose remote collaboration over carbon-emitting travel. At the same time, to ensure our future is as bright as our past, we continuously work to address environmental, social and governance (ESG) issues across our value chain. 

GN’s sustainability strategy is driven by a desire to create real and lasting value for all our stakeholders. Therefore, sustainability is integrated into how we run our company, as a consideration in every decision we make. 

As sustainability is increasingly integrated into GN’s fundamental business strategy, for the financial year 2022, GN combines our reporting on financial and ESG performance in a single publication. This provides our investors and other stakeholders with a holistic view of GN’s business, value drivers, strategy, governance, and financial and non-financial performance.

Click here for GN’s 2022 integrated Annual Report

Click here for the 2022 GRI table 

       

Click here for our Sustainalytics rating

Responsible Business Alliance statement
As an Affiliate Member of the Responsible Business Alliance (RBA) for our GN Audio A/S business division, GN fully supports the vision and goals of the RBA:

Vision: A coalition of companies driving sustainable value for workers, the environment and business throughout the global supply chain.

Mission: Members, suppliers and stakeholders collaborate to improve working and environmental conditions and business performance through leading standards and practices. We commit to progressively align its own operations with the provisions of the RBA Code of Conduct and to support and encourage its own first-tier suppliers to do the same. Wherever possible, we will seek to adopt the RBA approach and tools in practical ways in the spirit of the industry’s common goals.

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Environment

The science is clear: climate change and the loss of biodiversity are the major environmental challenge of our time. These are partly caused by the current dominant linear make-take-waste economy and its associated dependence on virgin material. As a global company, we have a role to play in addressing these issues.

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Social

Every day, we utilize core technology to help millions of people lead better lives. People with hearing loss are at the heart of what we do, and it is our ambition to break down barriers to hearing health to resolve the high level of unmet needs. We support communities within GN by working towards a diverse and inclusive workforce.

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Governance

GN’s commitment to responsible business forms the foundation of the compliance and sustainability strategy. As signatories to the UN Global Compact and its principles of responsible business, GN is committed to safeguarding human rights across inside GN and across our supply chain.

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ESG data

To support our sustainability agenda, we strive for optimal transparency across by tracking the most material ESG data points. This data is updated annually, and more frequently where relevant. 

ESG data
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3: Good health and well being
5: Gender equality
8: Decent work and economic growth
9: Industry, innovation and infrastructure
12: Responsible consumption and production
13: Climate action

UN SDG 3

Our products make life sound better, which helps our users lead a healthier and happier life. In our operations we drive a culture of health and safety and avoid negative impact on health by complying with chemical and hazardous substance regulations

UN SDG 5

By driving a culture of diversity and inclusion in our recruitment, employee development and internal networks, we strive to empower underrepresented groups in leadership positions and across GN

UN SDG 8

Driven by our commitment to UN Global Compact, we set high internal standards and audit suppliers to ensure human and labor rights are protected at all times

UN SDG 9

The dynamic industries in which we operate drive us to develop products and services on the leading edge of innovation that meet society’s current and future needs

UN SDG 12

We do business the right way. Through our policies and due diligence processes in, for example, conflict minerals, responsible sourcing, and business ethics, we set high standards across our value chain

UN SDG 13

We help our customers make climate-friendly choices through our remote collaboration solutions, and are committed to reducing our emissions as fast as the science dictates

Our business standards

2020 marked our 10th year as a committed signatory to the UN Global Compact and its 10 principles of responsible business. These principles guide us in everything we do. We uphold and protect human rights throughout our supply chain, ensure our labor practices meet international standards by protecting the freedoms and rights of anyone working in our supply chain, take responsibility for our environmental footprint and actively work to reduce it through our products, and uphold the highest standards of business ethics.

View our standards
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Policies and reports

GN has a wide range of policies relating to corporate responsibility and corporate governance.

Read our policies and reports
Handshake policies and reports
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Whistleblower hotline

We encourage an open and honest dialog, and we encourage you to come forward if you suspect or believe serious misconduct in GN Group. We know it is not always easy to come forward. This is why we have adopted a whistleblower hotline. You can use this hotline if you do not feel that you can report your concern directly to someone in the GN Group, e.g., your usual contact person. Alternatively, you can speak to GN Group Legal. 

Report a concern
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