GRI - G3

Novo Nordisk supports the GRI – as an Organisational Stakeholder – and its initiatives to drive sustainability reporting. Novo Nordisk reports – and has done so since 2002 – in accordance with the Global Reporting Initiative Sustainability Reporting Guidelines.

The 2007 reporting cycle is the first time that the G3 Sustainability Reporting Guidelines have been adopted by Novo Nordisk. The Guidelines provide a disclosure framework of 10 principles and 121 indicators, including 79 sustainability performance indicators, against which companies can report.

The extent to which companies disclose their management approach and adherence to the GRI’s indicators determines the Application Level as illustrated below:


The Application Levels of C+, B+, and A+ can be declared if external assurance was utilized for the report. For purposes of meeting this requirement, a report maker should only declare a “plus” (+) level if it believes that it has applied external assurance mechanisms that:

  • Engaged parties competent in the subject matter and assurance practices who are external to the organization;
  • Followed defined procedures that can be explained and were documented;
  • Assessed the ability of a report to provide a reasonable and balanced presentation of performance taking into consideration the data of a report as well as the overall selection of content; and
  • Result in an opinion or set of conclusions that are available to readers of the report.

On the basis of a careful analysis of the GRI guidance and requirements, we are declaring an Application Level of A+ for the Novo Nordisk Annual Report 2007 (print and online).

Profile

A short description of the organisational profile, report profile, and the report scope and boundary. See more of our profile here.

Performance indicators

Measures of the impact or effect of the company divided into integrated economic, enviromental and social performance indicators.

 

Management approach

Novo Nordisk has a governance structure in place that oversees the company's sustainability-driven initiatives. Dedicated committees, chaired by a representative of the executive management are charged with the overall responsibility for areas such as people, environment, bioethics, occupational health & safety and global health. See management approach for specific areas.