Communication on Progress

Participant

Published

Time period

Format

Differentiation Level

Self-assessment

Includes a CEO statement of continued support for the UN Global Compact and its ten principles
Description of actions or relevant policies related to Human Rights
Description of actions or relevant policies related to Labour
Description of actions or relevant policies related to Environment
Description of actions or relevant policies related to Anti-Corruption
Includes a measurement of outcomes

Statement of continued support by the Chief Executive Officer
Statement of the company's chief executive (CEO or equivalent) expressing continued support for the Global Compact and renewing the company's ongoing commitment to the initiative and its principles.
8 January 2016

To our stakeholders:

I am pleased to confirm that Odin Prosjekt reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labour, Environment and Anti-Corruption.

In this annual Communication on Progress, we describe our actions to continually improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations. We also commit to share this information with our stakeholders using our primary channels of communication.

Sincerely yours,

 Ole-Morten Duesund
 Chairman

Human Rights

Assessment, policy and goals
Description of the relevance of human rights for the company (i.e. human rights risk-assessment). Description of policies, public commitments and company goals on Human Rights.
By submitting this COP, by all the informal support for the Global Compact, as well as by all the actions described below, Odin Prosjekt continues to support and commit to the initiative and its principles. The commitment is long term, durable and is anchored in the core values of the company and its resources.

Implementation
Description of concrete actions to implement Human Rights policies, address Human Rights risks and respond to Human Rights violations.
Description of concrete actions to implement Human Rights policies, address Human Rights risks and respond to Human Rights violations.
Several practical actions on the operational level, customer and contract related. This period, the principles are implemented in all our – and almost all of our customers – standard contracts in form of obligations with clear and enforceable remedies for breach – in general the right to cancellation and damages.
The set of principles are easily transcribed to contractual terms and/or entity internal guidelines. All principles are implemented.
In any international assignment, all our managers must evaluate and assess the status of the principles in the relevant country. The countries history of violations is a central part of the foundation for the decision on whether or not to conduct business within the country. Serious breaches of the principles will automatically disqualify the country as a viable business region for us, unless the assignment is aid-related.

Measurement of outcomes
Description of how the company monitors and evaluates performance.
Odin Prosjekt has had no incidents related to human rights, nor have we yet had any measurable results from our policies.

Labour

Assessment, policy and goals
Description of the relevance of labour rights for the company (i.e. labour rights-related risks and opportunities). Description of written policies, public commitments and company goals on labour rights.
Odin Prosjekt has implemented, and maintains written and documented policies and procedures recognizing the rights of our employees and ther compensation and benefits.

Implementation
Description of concrete actions taken by the company to implement labour policies, address labour risks and respond to labour violations.
Odin Prosjekt has implemented, and maintains written and documented policies and procedures recognizing the rights of our employees and ther compensation and benefits.

Environment

Assessment, policy and goals
Description of the relevance of environmental protection for the company (i.e. environmental risks and opportunities). Description of policies, public commitments and company goals on environmental protection.
The work performed by Odin Prosjekt has a minimal environmental impact. We encourage recycling and environmental-friendly solutions with our customers.

Implementation
Description of concrete actions to implement environmental policies, address environmental risks and respond to environmental incidents.
Odin Prosjekt has consolidated multiple servers both on our own and on our clients behalf in order to improve efficiency and reduce the energy-footprint.

Measurement of outcomes
Description of how the company monitors and evaluates environmental performance.
Odin Prosjekt has had no environmentally related incidents.

Anti-Corruption

Assessment, policy and goals
Description of the relevance of anti-corruption for the company (i.e. anti-corruption risk-assessment). Description of policies, public commitments and company goals on anti-corruption.
Odin Prosjekt supports the work of the UN Convention Against Corruption and makes efforts to ensure all employees behave in an ethical manner consistent with these values.

Implementation
Description of concrete actions to implement anti-corruption policies, address anti-corruption risks and respond to incidents.
Odin Prosjekt has a zero-tolerance for corruption, both for employees and customers. Odin Prosjekt encourages transparency to raise awareness and reduce the possibility of corruption.

Measurement of outcomes
Description of how the company monitors and evaluates anti-corruption performance.
Odin Prosjekt has had no incidents regarding bribery or other forms of corruption.