OSLO, 4-Sep-2019 — /EuropaWire/ — In this year’s ranking on sustainability reporting by The Governance Group consultancy and BI Norwegian Business School, Orkla has scored third place. The report reviews and ranks the sustainability reporting of the hundred largest companies on the Oslo Stock Exchange.
The “Bærekraft på børs 2019” rates the companies in four major areas as sustainability reporting, the companies’ CDP ranking, their report on climate risk management and their integration of the UN Sustainable Development Goals.
The companies that achieved the highest overall score of 4 are Equinor, Borregaard, DNB, Orkla, Telenor, Mowi, Norsk Hydro, Grieg Seafood, Gjensidige Forsikring, Yara International, Veidekke, Storebrand, Sparebank 1 Østlandet and Entra.
Commenting on the achievement, Ellen Behrens, Vice President Sustainability at Orkla, said:
“It is gratifying to see that our efforts are recognised, and that we have achieved a clear improvement from last year, in terms of reporting on climate risk. This is an issue that has become more important in recent years as climate challenges have increased, and we are looking at how we can further improve climate risk reporting.”
The report found out that “Mowi, Norsk Hydro and Orkla are examples of companies which score top marks in our ranking and which, in our opinion, integrate sustainability into their company reporting in a comprehensive, meaningful way.”
It also underlines that “Orkla also stands out due to its ability to present highly diversified business operations in a simple way, incorporating sustainability as a natural component.”
Commenting on the sustainability report, Elisabeth Aandstad Ekheim, Senior Communications Manager Sustainability at Orkla, said:
“It’s important that we have a good structure for our sustainability report, so that we can communicate our sustainability results in a succinct, concrete manner. We also consider it important to be open about sustainability risks and the way they can impact on value creation.”
Elisabeth Aandstad Ekheim
Senior Communications Manager Sustainability
+47 924 460 60
Vice President Sustainability
+47 92 80 45 80