Grieg Group Annual Report 2021

Page 18

Sustainability at Grieg We Will Restore our Oceans

At the Group level, we have defined SDG 8, 16, and 17 as our license to operate or foundation. These goals represent the groundwork for how we run our businesses, focusing on employee health and wellbeing, inclusive economic growth, transparency, and accountability, and partnering to achieve a greater impact on the sustainability challenges facing the industries in which we operate. In addition to this foundation, we have set ourselves five impact goals, or stretch goals, relating to the areas where we can make a difference and to help us focus our efforts in areas relevant to our business and our stakeholders. These goals relate specifically to SDG 4, 5, 9, 13, and 14. G RY L A R S E N L E A D E R S U STA I N A B I L I T Y A N D P U B L I C A F FA I R S

We have set clear ambitions for all our prioritised SDGs. In 2021 we revised our objectives and KPIs at the Group level. This was done in an inclusive process through the Grieg Group Sustainability Advisory Committee (SAC),

In the Grieg Group sustainability and our commitment

consisting of members of the top management team

to the SDGs is integrated into our business strategy.

from each Grieg company. The Grieg Group companies

For us, the 17 SDGs are interdependent and equally

were also consulted individually. In December, the

important. However, some of the sustainability themes

Board of Grieg Maturitas approved the new objectives

are more relevant to the businesses we operate within,

and KPIs. The operationalising of the objectives and

and it has therefore been natural for us to choose SDGs

KPIs is delegated largely to each company. At the

where we can have the most significant impact and

Group level, the strategy and sustainability objectives

where we also have the largest challenges at an industry

are monitored by the Board, which has the overall

level.

responsibility for ensuring strategic objectives are met. Progress is presented annually.

GRIEG MATURITAS | ANNUAL REPORT 2021


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