Sustainability and CSR
We aspire to achieve sustainable development, i.e., to strike a good balance between financial results, value creation, and corporate social responsibility (CSR). The value created will benefit our owners, stakeholders, and society as a whole.
We set high standards for our business practices and we strive to shoulder our corporate social responsibility in a satisfactory manner. Our supplier network consists of a large number of individual suppliers and their subcontractors (lower-tier subs), and they make important contribution to Kongsberg Defence & Aerospace's added value.
Consequently, it is important to us for this link in the value creation chain to meet the same or similarly high standards in terms of business practices and corporate social responsibility.
In collaboration with our suppliers, Kongsberg Defence & Aerospace strives to ensure that operations are carried out in compliance with internationally recognised principles for business ethics and corporate social responsibility. In selecting suppliers, one of our assessment criteria is the suppliers' work not only with human rights, workers' rights, and anti-corruption initiatives, but also with climate change and the environment.
Kongsberg Defence & Aerospace has drawn up dedicated principles for supplier conduct that are intended to ensure secure working conditions, that employees are treated with respect and dignity, and that business activities in the supply chain are eco-friendly and carried out in compliance with internationally recognised principles of business ethics. The principles apply to the entire supply chain, and all of our suppliers must confirm in writing that they accept the content of these principles.