Commitments and policies
Through our commitments and policies, we ensure that our business is conducted in line with applicable legislation and our voluntary commitments, entailing, among other things, that we continuously strive for a sustainable way of doing business.
Proactive risk management
A structured risk management system helps identify and mitigate risk such as strategic, financial, compliance, operational, and external risks. Risk assessments occur at multiple levels, with top management and the Board of Directors reviewing key risks regularly.
Whistleblowing
NG Nordic encourages all employees and external parties to blow the whistle on unacceptable behaviors and conditions, such as lawbreaking, breaching the employee code of conduct, and violating generally accepted ethical standards. Employees and external parties can both openly and anonymously report the misconduct via the group’s whistleblowing channel. Reports are handled in compliance with legal requirements, and whistleblowers are valued as an important resource.
Zero tolerance for corruption and unfair competition
Bribery and anti-competitive behavior are strictly prohibited. Employees undergo training, and e-learning courses are available for employees. No corruption or competition law violations were reported in 2024.
Compliance with international sanctions
NG Nordic is committed to comply with all applicable sanction laws in areas where the company operates. Our policies require thorough due diligence and screening of counterparties and transactions, especially outside the Nordic countries, and a sanctions-focused e-learning course is available for employees.
Continuous improvement through internal audits
Internal audits are part of the NG Nordic's systematic internal control system and an important improvement tool in the continuous improvement work and to ensure that we are in compliance with external and internal requirements, comply with adopted policies and achieve set goals. This is done by ensuring that the group's administrative management systems are complied with, updated and functional in relation to requirements from authorities, customers and the company itself. In 2024, 77 internal audits were completed.
Safeguarding privacy and data security
NG Nordic strives to uphold the highest standards of privacy and data security, ensuring that personal and sensitive data is handled responsibly and in compliance with applicable laws.
In 2024 we launched an introductory course to highlight the most important aspects of GDPR. This to ensure that our employees with access to personal data and IT-systems have the necessary knowledge and understanding of the fundamental privacy principles outlined in the European General Data Protection Regulation.
Ethical business practices and responsible supply chain
NG Nordic ensures ethical operations and legal compliance across its value chain, with a key focus on human rights, labor standards, and sustainability reporting.