At Endúr, sustainability means creating value through responsible business practices that safeguard the environment and contribute to the good of society. Sustainability is embedded in our operations with rehabilitation and maintenance of infrastructure and marine vessels and ships as a core of our Infrastructure segment and Maritime operations and enabling sustainable food production through our Aquaculture segment.

Our sustainability work is integrated into our governance framework and operational processes and is reported in accordance with the Corporate Sustainability Reporting Directive (CSRD). The sustainability report is part of our Annual reports published under Investor relations/Financial reports

Social

Environmental

Governance and business conduct

Social

Endúr highly values its workforce, recognizing them as the key driver of value creation. Consequently, ensuring the safety and health of our employees is our foremost priority. Given the diverse nature of our divisions operations, our subsidiaries are responsible for implementing effective quality management systems to safeguard employee well-being and address the employees’ needs while simultaneously reflecting the broader values and policies of the group.

Safe

Safety is a cornerstone of Endúr’s core values, and we are committed to maintaining safety throughout all operations for our people, sub-contractors, and clients. The Group, along with our subsidiaries, continuously monitor and enhance our systems, skills, and learning processes to effectively manage and minimize safety-related risks in all our activities. Our ultimate objective is zero injuries, ensuring a safe environment for everyone involved.

Health and work environment

At Endúr, the health and well-being of our employees is paramount. Our subsidiaries are committed to fostering a healthy working environment that promotes both physical and mental well-being, as we believe this is essential for sustainable business practices over the long term. Our objective is to reduce sick leave rates to below industry averages, demonstrating our commitment to the health and productivity of our workforce.

Inclusiveness and diversity

Diversity in our workforce enhances decision-making, innovation, and growth. We believe in equal opportunities for all, regardless of ethnicity, nationality, gender, age, religion, sexual orientation as well as cultural or social background. We continuously strive to recruit and develop individuals from various backgrounds and ensure adaptable working conditions for all. While operating in a male-dominated industry, we have made strides in promoting gender equality, in alignment with the Gender Equality Act, and are actively working to increase female representation across all levels of our organization.

Environmental

Endúr operates in industries with significant environmental impact related to resource use, energy consumption and greenhouse gas emissions. We work continuously to reduce our environmental footprint through efficient project execution, responsible resource use and improved waste management practices.

A significant share of our activities is related to rehabilitation and maintenance of existing infrastructure, contributing to circular economy principles and extending the lifetime of critical assets and facilities.

Environmental considerations are integrated into project planning, procurement processes and operational decision-making across the Group.

Infrastructure

As a leading supplier in rehabilitation of critical infrastructure, Endúr will be a facilitator for circular economy through rehabilitations and maintenance, emission reduction, use of renewable energy and secure responsibility in our supply chains.

Aquaculture

We aim to provide Aquaculture Solutions that enable a sustainable use of marine resources in meeting an increased demand for fish and fish proteins with a focus on production and distribution efficiency, environmental footprint, fish welfare, health and mortality and sustainable technologies

Maritime services

Through our range of maintenance and repair services for ships, marine vessels and related equipment we seek to continuously reduce our environmental impact using sustainable technologies, minimize hazardous waste and reduce energy and water consumption.

Governance and business conduct

Responsible business conduct and ethical business practices are fundamental to Endúr’s operations and long-term value creation.

We are committed to maintaining high standards related to anti-corruption, anti-bribery, fair competition and integrity throughout our operations and value chain. Our work with ethics and compliance is integrated into our governance framework, operational procedures and risk management processes across the Group.

Endúr continuously works to strengthen internal controls, compliance procedures and responsible business practices throughout the organization and subsidiaries.

Whistleblowing

Endúr has implemented a formal whistleblowing framework across the Group to support transparency, integrity and responsible business conduct throughout our operations. Our whistleblowing channel is designed to ensure transparency and integrity within our operations and is managed by an external entity to maintain impartiality and confidentiality. It is readily accessible to all stakeholders, including employees, clients, and partners, providing them with a secure and anonymous avenue to report any concerns or suspicions of misconduct or breach of regulations. This system is an integral part of our commitment to uphold the highest standards of ethical conduct and compliance with laws, ensuring that all reported issues are investigated thoroughly and addressed appropriately. You can find the link to our whistleblowing channel here in Norwegian and here in English.

Norwegian Transparency Act

The Norwegian Transparency Act (Åpenhetsloven) came into force 1 July 2022, increasing the focus and transparency of human rights and decent working conditions throughout the supply chain of businesses.
Our work with the Norwegian Transparency Act is integrated into our corporate governance and operational procedures. We recognize the importance of this Act in promoting responsible business practices that prioritize human rights and environmental sustainability. Our compliance efforts are part of a broader strategy that aligns with our human resources policies and the overarching values of our operations. Our approach to working with the Act is grounded in the principle of continuous improvement. We are committed to regularly reviewing and enhancing our policies, procedures, and practices to better protect human rights and ensure decent working conditions.

Risk Assessment and Management

With operations and majority of our supply chain centered in the Nordics, we believe that our direct workforce is generally at a low risk of human rights violations, due to local labor laws and regulations, we nevertheless remain vigilant. We conduct regular and thorough risk assessments to identify and mitigate any potential indirect impacts within our supply chain. These assessments are an essential part of our due diligence processes, enabling us to pinpoint areas where the risk of human rights violations might be more significant, especially in geographies or sectors known for higher risks.

Transparency and Reporting

We have established transparent reporting mechanisms through our whistleblowing channel and our management systems throughout the group. We actively disclose our findings, the measures we have taken, and our ongoing initiatives to meet identified risks and challenges in our annual due diligence assessment.

2024 Annual due diligence assessment (in Norwegian)

2023 Annual due diligence assessment (in Norwegian)

2022 Annual due diligence assessment (in Norwegian)

Requests for information related to Endúr’s due diligence work should be sent to post@endurasa.no. Please use “Transparency Act” as the email’s subject line.