Governance of our sustainability program
How we work on sustainability
To deliver our Sustainability Programme, our Governance covers these 4 subareas:
1. Management and Working Method
Royal Greenland’s sustainability program is reviewed on a quarterly basis by a Steering Group headed by the CEO. On an annual basis, the program is approved by the Executive Board and submitted to the Supervisory Board.
The sustainability team stays updated on current trends, handles compliance tasks and proposes ongoing improvement projects and initiatives. The sustainability team also cooperates with stakeholders in the implementation phase and is responsible for the annual sustainability reporting.
2. Stakeholder Dialogue
From fisheries to sales, Royal Greenland is a fully vertically integrated company. The company’s internal value chain therefore includes many stakeholders who continuously interact with each other and with the world at large.
Suppliers, employees, customers, authorities, and interest organizations all contribute to making Royal Greenland a significant active player, both in local communities and on the global stage.
We enjoy broad cooperation and dialogue with many stakeholders, whose input plays a significant role in our approach to business operations, our priorities, and our actions. The results of our stakeholder dialogue also greatly influence our Sustainability Program.
3. Material Assessment
As a company, Royal Greenland has a responsibility to address the material risks and use the opportunities arising in our business operations. We assess responsibility and risks, as well as business opportunities.
Via a structured materiality assessment, we have identified CSR and sustainability conditions, and prioritized those that are most important for the company and for our surrounding environment.
The materiality assessment is based on our risks, responsibility and opportunities
– towards employees, the environment and the business, and the societies of which we are part. The most significant topics within the two categories are outlined in the schedule and then screened in relation to the UN’s 17 Sustainable Development Goals.