New Wave Group Sustainability Report 2023 | Page 34

34 GRI Index
Disclosure Comments Page
Topic Standards
GRI 200 Economic
GRI 201 : Economic performance
3-3 Management approach 201
201-1 Direct economic value generated and distributed
AR p . 16-37
AR p . 63-75
GRI 205 : Anti-corruption 2016
3-3 Management Approach 205
Risk for corruption can be found in our sourcing processes and in the meetings with our customers . Fundamental for the preventive work is the values of New Wave Group , the Code of Conduct and additional Group policys . During audits of suppliers there is a risk of corruption , which is a serios zero tolerance issue .
SR p . 26-27
205-1
205-2
205-3
Operations assessed for risks related to corruption
Communication and training about anti-corruption policies and procedures
Confirmed incidents of corruption and actions taken
See Management Approach 205 .
Communication of Code of Conduct is made to all suppliers with related agreements . Follow-up and training is conducted within the framework of amfori BSCI and the International Accord .
No reported incidents during the year .
GRI 207 : Tax 2019
207-1 Approach to tax
No communicated tax strategy . The Group ’ s Finance policy includes a Tax section , governance and approach to regulatory compliance is described .
207-2 Tax governance , control and risk management
Description of governance body and control is included in the Group ’ s Finance Policy . Disclosures on tax are reviewed by the Group ’ s auditors when reviewing the financial reports .
207-3
Stakeholder engagement and management of concerns related to tax
The Group Finance Policy states that New Wave Group shall strive to have an open and transparent dialogue with tax authorities . Stakeholder engagement with other stakeholders such as shareholders takes place continuously .
SR p . 11