Sustainability I ESG
Building the technology of the future, sustainably
At GN, we are immensely proud of the positive difference our products make to society and people’s lives.
Our hearing instruments help our users lead better lives, while our audio and video solutions help our customers choose remote collaboration over carbon-emitting travel. At the same time, to ensure our future is as bright as our past, we continuously work to address environmental, social, and governance (ESG) issues across our value chain.
GN’s sustainability strategy is driven by a desire to create real and lasting value for all our stakeholders. That is why sustainability is integrated into how we run our company, as a consideration in every decision we make.
Annual report 2023
As sustainability is integrated into GN’s fundamental business strategy, we continue to combine our reporting on financial and ESG performance in a single publication.
This provides our investors and other stakeholders with a holistic view of our business, value drivers, strategy, governance, and financial and non-financial performance.
Technology is transforming the world. At GN, we want it to transform the world for the better. To be part of the change, we are committed to building the technology of the future in a way that minimizes the impact on the climate, the environment, and society.
Sustainability is an integrated part of our strategy and all the decisions we make. It’s not always an easy way forward, but it’s the right way.
Peter Karlstromer, CEO
Environment
The science is clear: climate change and the loss of biodiversity are the major environmental challenge of our time. These are partly caused by the current dominant linear make-take-waste economy and its associated dependence on virgin material. As a global company, we have a role to play in addressing these issues.
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Social
Every day, we utilize core technology to help millions of people lead better lives. People with hearing loss are at the heart of what we do, and it is our ambition to break down barriers to hearing health to resolve the high level of unmet needs. We support communities within GN by working towards a diverse and inclusive workforce.
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Governance
GN’s commitment to responsible business forms the foundation of the compliance and sustainability strategy. As signatories to the UN Global Compact and its principles of responsible business, GN is committed to strong corporate governance and business ethics inside GN and across our supply chain.
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ESG data
To support our sustainability agenda, we strive for optimal transparency by tracking the most material ESG data points. This data is updated annually, and more frequently where relevant.
ESG data
UN SDG 3
Our products make life sound better, which helps our users lead a healthier and happier life. In our operations we drive a culture of health and safety and avoid negative impact on health by complying with chemical and hazardous substance regulations
UN SDG 5
By driving a culture of diversity and inclusion in our recruitment, employee development and internal networks, we strive to empower underrepresented groups in leadership positions and across GN
UN SDG 8
Driven by our commitment to UN Global Compact, we set high internal standards and audit suppliers to ensure human and labor rights are protected at all times
UN SDG 9
The dynamic industries in which we operate drive us to develop products and services on the leading edge of innovation that meet society’s current and future needs
UN SDG 12
We do business the right way. Through our policies and due diligence processes in, for example, conflict minerals, responsible sourcing, and business ethics, we set high standards across our value chain
UN SDG 13
We help our customers make climate-friendly choices through our remote collaboration solutions, and are committed to reducing our emissions as fast as the science dictates
Our business standards
2023 marked our 13th year as a committed signatory to the UN Global Compact and its 10 principles of responsible business. These principles guide us in everything we do. We uphold and protect human rights throughout our supply chain, ensure our labor practices meet international standards by protecting the freedoms and rights of anyone working in our supply chain, take responsibility for our environmental footprint and actively work to reduce it through our products, and uphold the highest standards of business ethics.
View our standardsWhistleblower hotline
We encourage an open and honest dialog, and we encourage you to come forward if you suspect or know of serious misconduct in GN. We know it is not always easy to come forward. This is why we have a whistleblower hotline. You can use this hotline if you do not feel that you can report your concern directly to someone in the GN Group, for example your usual contact person. Alternatively, you can speak to GN Group Legal.
LISTEN TO THIS™
LISTEN TO THIS™ is a global initiative connecting healthcare partners, academic institutions, policy makers, patient organisations, NGOs and more – united in making hearing health an urgent priority for cognitive health and overall wellbeing. It represents a dedication to raising awareness, advocating for good hearing health, and leading ongoing research at the forefront of hearing and cognition. Join the hearing health movement and let’s fight cognitive decline – from the ear inwards.
Visit our websitePolicies and reports
GN has a wide range of policies relating to corporate responsibility and corporate governance.
Read our policies and reports