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Corporate social responsibility is one of the key areas of focus and we are committed to respect human rights, to manage environmental impacts and manage anti-corruption.

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Approach to CSR

RelyOn Nutec does not have a separate CSR policy as elements that may be included in a CSR policy are already an integral part of RelyOn Nutec’s business behavior, including the company’s Code of Conduct and other relevant specific policies and procedures.

However, RelyOn Nutec is committed to respect human rights, to manage environmental impacts and manage anti-corruption. RelyOn Nutec adheres to all applicable laws as well as internal policies and procedures.

Therefore, RelyOn Nutec is in the process of introducing an improved culture on compliance and complete a review of the existing framework and governance. This also entails that new targets and objectives for the corporate social responsibility area will be defined during 2019.

Governance documents and procedures have been prepared and implemented to support and ensure that the above vision is complied with. Further, a management system is in place in order to support and ensure due implementation, improving performance and ensure an appropriate culture with respect to the policies and procedures in place.

Code of Conduct and UN Global Compact

RelyOn Nutec has a Code of Conduct, outlining the expectations to and reflecting the principles on how we conduct our business, and how our providers and employees are expected and required to act.

It has been decided that the RelyOn Nutec Group will work towards signing up to the UN Global Compact, hence initiatives will be initiated to ensure that this will be achieved in due course. This will also entail that the Code of Conduct will be reviewed and updated during 2019.

Primary CSR Related Risks and Policies

Labour

RelyOn Nutec believes that an engaged and motivated workforce that is offered development opportunities will produce better quality work and be more satisfied. RelyOn Nutec invests in the development of employee skills, knowledge and competencies as this is essential for the success of the group and continued satisfaction of the employees.

RelyOn Nutec has numerous policies in place to ensure the well-being, health, safety and security of our employees, including policy on health and safety, on safe driving and on human rights. With respect to health, safety and security we have in 2018 continued to work systematically to implement improvements across the Group.

The RelyOn Nutec Group wishes to contribute to the society and to the people that we engage with when conducting our business. Our commitment to respect and protect human rights is among other things following the UN Guiding Principles on Business and Human Rights and inspired by ILO Declaration on Fundamental Principles and Rights at Work.

Human Rights and Data Protection

Further, RelyOn Nutec has great focus on ensuring that the employees and customers’ personal data is not misused. This is ensured by compliance initiatives and ongoing projects with respect to processing and protecting personal data to continuously ensure the highest standard of data protection. All such data protection projects and initiatives continued throughout 2018 and are anchored with the Group General Counsel.

Environment and climate

RelyOn Nutec does not have a separate policy on environment and climate as this is not deemed appropriate. However, some environmental elements are already an integral part of RelyOn Nutec’s business behavior, including the company’s Code of Conduct and other relevant specific policies and procedures.

Anti-corruption

RelyOn Nutec conducts business in accordance with all relevant laws and regulations in all counties including the FCPA and the UK Bribery Act and adheres to all policies and procedures. The RelyOn Nutec Group operates in areas of the world where corruption is not an uncommon practice. Therefore, it is crucial that appropriate policies and procedures are duly implemented and that measures are taken to mitigate this risk and to prevent non-compliant practices. One initiative implemented in 2018 to mitigate the risk in this area is a roll-out of business ethics through e-learning sessions across the RelyOn Nutec Group. Continuous focus will remain on anti-corruption and additional initiatives will be implemented in order to mitigate and prevent non-compliant practices.

Activities and Results in 2018

It is assessed by Group Management that the continued work with and focus on human rights and corporate social responsibility contributes positively to the Group’s reputation and performance.

Due to the transformation RelyOn Nutec has undergone in 2018, and due to that our CSR related activities in 2018 were all about creating the proper set up and governance around CSR, we do not have results to report area by area. It is our ambition that this will be possible in 2019.