Caseb takes its social responsibility seriously and wishes to be a positive contributor to society through our businesses. First and foremost, we along with our companies strive to live up to the sustainability goals set by the UN, and supported by Norway. When we evaluate new investments or initiate new activities, we always try considering whether these meet the sustainability goals. The companies in which we are co-owners today all have a conscious approach to sustainability, whether it concerns environmental, ethical, or social considerations. This applies to both their own company as well as the subcontractors and partners they use. It should always be a priority for Caseb, for the companies in which we are co-owners, and for the products and services that we produce, that they satisfy strict ethical, social, economic, and environmental requirements.
Our goal is to reduce the impact that Caseb and its interests have on the environment. We therefore strive to
We aim to continuously improve the working conditions and well-being of our employees and those in our value chain and thereby strengthen human rights in countries where we operate. We shall, among other things, actively ensure:
Caseb wishes to incorporate ESG goals into our businesses’ operations. In this regard, we focus on the following:
Caseb, as a co-owner in several small and medium-sized companies, has been committed to ensuring that these companies and their supply chains follow the strict ethical guidelines and minimize the impact on the external environment. As active owners, we maintain ongoing contact with management in the companies in which we are engaged. In this way, and through more formal reporting routines, we strive to ensure that our business partners comply with local and international laws and regulations that preserve the environment and secure human rights and decent working conditions for employees.
Caseb itself has no operations that pose major challenges regarding human rights, decent working conditions, or the environment. At the same time, we are aware that some of the companies in which we are involved may have such challenges, as they, or some of their subsidiaries and/or suppliers, are located in countries where, for example, environmental requirements are not as strict or the requirements for decent working conditions differ significantly from those in the Nordic countries and the EU. Through ongoing dialogue with the management of these companies and at board level, we ensure that they strive, as far as possible, to achieve the most important of the UN's sustainability goals.
Caseb actively works to ensure that all our companies and subsidiaries, partners, representatives, suppliers, and subcontractors follow the OECD Guidelines for Responsible Business Conduct, ref. The Transparency Act. We do this to ensure that our extended business environment respects fundamental human rights and that our companies and partners offer decent working conditions.
"Impact investing" is defined as "investments made in companies, organizations, or funds with the intention of generating a measurable and positive social or environmental impact in addition to financial returns." This describes Caseb's business practice quite well, in that our investments shall contribute to positive societal development, regardless of industry and product.