Hiab is committed to the principles of the UN Global Compact, OECD’s guidelines for multinational enterprises, the UN Guiding Principles on Business and Human Rights and the ILO Declaration on Fundamental Principles and Rights at Work. We also support all 17 of the UN's Sustainable Development Goals (more information here).
These commitments are reflected in the Hiab Code of Conduct that describes our general requirements, guidelines and ethical principles, and defines our way of working.
Hiab’s Board of Directors (BoD) has the responsibility to ensure that sustainability matters are integrated into Hiab’s overall business strategy and risk management. The BoD, for example, approves Hiab’s sustainability targets and monitors progress towards them.
Hiab’s BoD's Audit and Risk Management Committee’s (ARC) duty is to supervise the financial and sustainability reporting executed by the management. The committee also supervises the adequacy and appropriateness of the company’s risk management processes and internal audit.
The Hiab Leadership Team (HLT) and the CEO are responsible for the implementation of sustainability-related business plans and targets set by the BoD. The HLT decides on resourcing and actions needed to develop, implement and follow up on the plans and targets.
Learn more about Hiab’s governance and management here, and specfically about sustainability governance in our annual reports. Read about Hiab's commitments and guidelines related to sustainability in our Sustainability Policy.
