NWG // SUSTAINABILITY STATEMENT
Social information
S1 Own workforce
The own workforce within New Wave Group consists primarily of full time salaries employees working in office environments, in administrative and managerial roles. In addition, the own workforce includes directly employed staff in warehousing operations and, to a limited extent, in production.
The Group also engages a small number of non employees, such as self employed consultants primarily in sales related functions, as well as personnel provided by third party companies mainly operating within staffing or personnel leasing services in the areas of IT and finance.
New Wave Group has identified the following material impacts, risks and opportunities related to its own workforce *:
Material impacts, risks and opportunities related to own workforce |
Related policy considering the management of material impacts, risks and opportunities related to own workforce |
The policy is described in detail in the relevant section of this report |
Key activities |
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Impact – Health and safety
Impact- Psychosocial factors
Inverkan – Impacts of external factors
Impact- Inequality and variations
Risk- Recruitment and skill development
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Corporate Governance policy- Establishes the framework for the Group’ s guiding principles and values its approach to conducting business, and its perspective on human rights( responsibility for HR related guidelines is decentralized to each company).
Whistleblower policy- Ensure a mechanism for all employees to report serious grievances
Risk policy- Considers the Group’ s risk management.
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S1 / G1 page 78 / 89
S1 / G1 page 78 / 89
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Training, skills development and knowledge sharing between the Group’ s companies.
Prioritization of equality, uniformity of employment conditions across the companies and safety standards.
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Risk / opportunity – The Group’ s reputation |
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Whistleblower function. |
* Further information can be found in Chapter ESRS 2 General Disclosures, under section SBM 3: Material impacts, risks and opportunities and their relationship with strategy and the business model.
The Group’ s business model entails various types of impacts on its own workforce. Given the nature of the work tasks and the context in which the work is performed, an assessment has been conducted to identify which parts of the workforce may be more exposed to negative impacts.
Employees working in warehousing operations and, to a more limited extent, in production are assessed to face a relatively higher risk of work environment related impacts, primarily linked to physical labor, handling of equipment and ergonomic strain. Office based employees are considered to be primarily exposed to psychosocial factors, such as workload and work related stress. No specific risks related to age, gender, migrant status or precarious forms of employment have been identified.
The Group’ s strategy takes these differences into consideration by adapting health and safety actions, and preventive actions to each respective employee category. The use of contracted consultants is limited and concentrated, which reduces the dependency on precarious forms of employment within the core operational activities. Accordingly, the business model is assessed to help limit material negative impacts on the Group’ s own workforce.
No metrics reported in this section have been validated by any external party.
S1-1: Policies related to own workforce New Wave Group’ s Group-wide Corporate Governance policy establishes the framework for the Group’ s values, its approach to conducting business and its perspective on human rights. The policy sets out how corporate governance is to be carried out within the Group and also serves as a governing document for other policies. The policy focuses on the following areas:
# Corporate governance model # New Wave Group’ s principles and core values
# Codes of Conduct for the own workforce, which includes provisions to address all forms of discrimination and ensure equal opportunities
The Corporate Governance policy considers how the Group shall eliminate discrimination and promote equal opportunities for all. The following grounds of discrimination are explicitly mentioned in the policy: racial and ethnic origin, gender identity, skin color, religion, sexual orientation, political opinion, national extraction, trade union affiliation or social origin. It is not considered a deviation from the policy to give preference, among candidates with equivalent qualifications, to individuals belonging to an under represented group.
At present, the policy does not specifically address human trafficking, forced labor or child labor within the Group’ s own
078 // ANNUAL REPORT