EVERY DAY, IN EVERY WAY Who we are isn’t defined only by what we produce, but also how we behave. Jotun has always believed in corporate responsibility and, as our global organisation grows, so does our commitment to ensuring stakeholders are treated with respect. CORPORATE RESPONSIBILITY Corporate responsibility (CR) has been at the heart of Jotun since our formation in 1926. Today, with almost 10 000 employees and operating in over 100 countries, the structure of our CR activities has changed, but our principles have not. Our conduct is still anchored in the core Jotun values of Loyalty, Care, Respect and Boldness. It is an approach that helps build a positive and inclusive corporate culture, while driving the success of our worldwide operations – building market reputation, trust, mitigating risk, and identifying new opportunities. In this way, strong CR programmes are not just good for society; they’re good for business. Every employee is an ‘ambassador‘ for the business, and should be aware of that responsibility, doing their part to promote a brand that stakeholders can trust and society can rely upon. To ensure this we tailor CR policies and practices that adhere to the highest standards. Our policies and standards are based upon the Human Rights convention of the United Nations (UN), the International Labour Organization (ILO) convention, Organisation for Economic Cooperation and Development (OECD) guidelines for multinational companies, and the UN’s Global Compact principles. BRICK BY BRICK Jotun’s approach to CR is one of gradual evolution. Rather than transforming our successful long-term strategy, we continually refine our programme, leading to ongoing improvements. In 2016, key bricks included: • The introduction of a refined human rights policy, aligned to the United Nations Guiding Principles on Human Rights • A broad-based competition law campaign, including a new policy, dedicated e-learning tools, workshops and supporting material to make a complex global issue easier to understand and comply with • Increased focus on anti-corruption activities, including new nano-learning modules and reporting tools 2017 will see a continuation of our long-term CR vision and further targeted activity, including an increased focus on easy to understand digital training and communication, and new campaigns on compliance, particularly in non-financial areas. It is Jotun’s aim to be a champion of high quality CR standards, with each one of our ‘ambassadors’ building our reputation worldwide. GOVERNING CR Operating with business transparency and optimal ethical standards is central to the strategic and cultural goals of Jotun. A stringent structure of corporate governance policies, audits and reviews facilitates this approach, driving not just our standards, but also our growing global success. Jotun’s CR strategy is promoted and supported by the Board of Directors and Group Management, cascading down through the organisation via policies, guidelines, reviews, audits, supplier audits, CR reporting and a range of internal and external activities conceived to promote uniform standards. Jotun has a comprehensive system of evaluation relating to corporate governance standards, spanning – • HSEQ audits • Business reviews • Financial audits • HR reviews • Supplier audits Our policies are developed centrally and promoted locally, ensuring uniform standards across the Group, which each company can understand, act upon and enforce. Jotun’s CR function reports regularly to Group Management on all matters involving anti-corruption and whistle blowing activities. 37
Jotun Group Report 2016
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