Solar is a registered partner of the UN’s Global Compact
As of 2011, the group will report our CO2 emissions and observance of ethical standards.
10 principles
At the end of 2009, Solar registered as a partner in the UN’s Global Compact. This means that Solar has established a reporting system for activities covered by Global Compact’s 10 principles, which encompass human rights, working environment/labour, environment and anti-corruption.
Reporting
By signing up for Global Compact, Solar meets the reporting requirements of the Danish authorities applicable as from 2009. We have established a reporting system for the company's CO2 consumption.The system has been rolled out in all the group's subsidiaries and the first measurements have been completed.
We have agreed to follow up on:
• Reporting of CO2 emissions. Solar has signed up for the Carbon Disclosure Project by preparing a Carbon Footprint, a standardised statement of the group’s emission of greenhouse gasses provided as information for customers and collaboration partners and used as a tool in introducing activities that reduce negative effects on the environment. Naturally, being a wholesaler, our CO2 emissions are high due to our extensive transport necessities.
• In 2010 Solar implemented a Code of Conduct across the group. Under the code, Solar is committed to complying with current legislation and regulations and to act in an ethical, sustainable and socially responsible way in all its business activities. The ethical standards will be an integral part of all new employees' introduction programmes.
• All Solar supplier agreements already include a clause in which suppliers commit themselves to observing the Global Compact principles. This policy will continue and its level of observance will be measured on an ongoing basis.
Information channels
Solar’s annual report and website www.solar.eu will be our primary information channels for our corporate social responsibility work, some of which will be implemented as cross-disciplinary projects involving various professions from our organisation.
Solar wants to make it clear that we are committed to the UN’s Global Compact Programme. We see our involvement in the programme as an asset in relation to customers and suppliers and a clear advantage in respect of attracting and maintaining employees. In addition, there is the need for and a desire to be seen as a company in which both Danish and foreign investors can safely invest – also from an ethical standpoint.
UN Global Compact – Communication on Progress