Our approach to sustainability
The wild seafood stocks in the North Atlantic and the Arctic region form the base of our company and is the basis of life for many people
Royal Greenland has been working with sustainability and corporate social responsibility for many years and since 2012 has adopted a structured approach to the task. The main focus for our CSR activities are sustainable fisheries and employee development.
Royal Greenland is a very important company for the Greenlandic community. We are Greenland’s largest employer, and the way in which the company manages our resources and creates working environments for employees and suppliers has large impact on the development of a sustainable future for Greenland.
Royal Greenland operates globally and also has an influence on the societies in which we operate outside of Greenland. We want to assume responsibility for our activities and contribute to the positive development of the societies of which we take part in.
Our sustainability strategy is based on the UN Global Compact's ten principles and closely tied to our business mission focused on People – Planet – Profit and is thus based on 2 fundamental principles:
- Environmental and social development and initiatives must support economic growth
- Business growth must support environmental and social development in the local community
CSR is all about balancing economic, social and environmental sustainability: People - Planet - Profit
- Mikael Thinghuus, CEO, Royal Greenland
As a company owned by the Greenland Self Rule Government, Royal Greenland holds special responsibility for making a contribution to society. Sustainability is particularly significant in Greenland because we are a crucially important player in Greenland's economy and sustainable development. We therefore take a very serious approach to our CSR work.
- Contribute to developing Greenland's society and use our presence and activities to make a difference;
- Cooperate with other partners in projects where this is expedient, in order to find new opportunities and tackle the challenges presented;
- Work with CSR systematically and actively on the basis of internationally recognised principles such as the UN Global Compact;
- Achieve results via improvement processes based on the principle of setting objectives, making action plans, implementation and evaluation
- Communicate and report on CSR activities, challenges and results.