CORPORATE RESPONSIBILILTY AND GOVERNANCE
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Model behaviour
Jotun’s corporate culture is grounded in our values of Loyalty, Care, Respect and Boldness that guides
our behaviour and strengthens our reputation as a responsible corporate citizen. Jotun has a governance
structure in place in order to enhance this responsible behaviour.
Jotun’s business ethics are strengthened by a structured
approach to Corporate Responsibility (CR) and governance.
As a company of almost 10 000 employees active in over
100 countries, Jotun is a remarkably diverse organisation
representing many different cultures, religions and political
perspectives. However, all employees are required to comply
with Group policies. These internal policies reinforce a
responsible attitude that cascades down through every region,
segment, company and team.
International standards
Jotun’s CR and governance policies and standards are based
upon the Human Rights convention of the United Nations
(UN), the International Labour Organization (ILO) convention,
Organisation for Economic Co-operation and Development
(OECD) guidelines for multinational companies and the UN’s
Global Compact principles, which focuses on four key areas –
human rights, labour, the environment and anti-corruption.
Jotun’s approach to ethical business extends to communities
where the company is active. In addition to meeting or
exceeding, local regulations governing waste, financial reporting,
transparency and environmental rules, the company also audits
suppliers to ensure they meet with international, local and
internal policies covering a broad range of issues. These include
human rights, diversity, environmental performance and ethical
business practices, among other considerations.
Structured governance policies
Jotun works continuously to refine, strengthen and develop
governance policies to ensure transparency, integrity and strong
business ethics. Guided by the Board of Directors and Senior
Management, governance policies are developed centrally and
implemented locally, ensuring that all companies share not
only the same attitudes, but also the same high standards.
Governance standards include HSEQ audits, business reviews,
financial audits, HR reviews and supplier audits, among others.
In 2018, Jotun developed the Jotun Management System
(JMS) to make it easier for employees to navigate company
requirements and polices. JMS provides:
• Easy overview of policies, processes and navigation
• Link to references and supporting documentation of key
processes
• Basis for improvement of processes
• Clear definition of process owners
Protecting our brand
Jotun recognises that as a multinational player, the company
has a responsibility to take a leadership role in modelling good
corporate behaviour. In addition to serving as an example to
other companies, Jotun’s CR and governance policies, supported
by comprehensive internal training and active community
engagement, help to protect and strengthen Jotun’s brand and
create a healthier, motivated workforce.
Care
Loyalty
Respect
Boldness
Business ethics