XXL depends on the trust of customers, shareholders, employees and the society at large. We believe sustainable business is profitable business.
XXL will publish an annual statement on sustainability
XXL ASA Sustainability Report 2021
XXL ASA Carbon Accounting Report 2021
XXL has adopted a set of ethical and corporate responsibility rules that set forth the basic principles for business practices and personal behavior for XXL employees and representatives.
Corporate Social Responsibility Guidelines
XXL defines corporate responsibility as achieving commercial profitability in a way that is consistent with fundamental ethical values and with respect for individuals, the environment and society. The group shall respect human and labour rights, establish good environmental, health and safety (EHS) standards, facilitate good dialogue with stakeholders and generally operate in accordance with applicable regulatory frameworks and good business practice. These ethical and corporate social responsibility rules form the group’s CSR Guidelines, setting forth the basic principles for business practices and personal behaviour for XXL and its employees.
XXL has identified nine main corporate responsibility topics:
Strong corporate culture
- Respect for human and labour rights
- Environment, health and safety (EHS)
- Responsible marketing practices
- Responsible sourcing
- Money laundering
- Compliance with legislation and regulation
The general principles underlying the groups approach to these topics are described in the CSR guidelines document. Priorities shall be based on an assessment of the needs of both the business and its stakeholders, and as an integral part of day-to-day operations.
Supplier Code of Conduct
In order to make our position clear to our suppliers, our Supplier Code of Conduct (SCoC) describes the main requirements based on the ETI (Ethical Trading Initiative) Base Code principles:
- Employment is freely chosen
- Freedom of association and the right for collective bargaining are respected
- Working conditions are safe and hygienic
- Child labour shall not be used
- Living wages are paid
- Working hours are not excessive
- No discrimination is practiced
- Regular employment is provided
- No harsh or inhumane treatment is allowed
Suppliers must comply with 15 additional principles describes in the SCoC, and compliance with the code is considered when selecting suppliers and placing orders.
We expect willingness to show transparency and to enter into dialog about potential challenges in meeting the requirements in the SCoC. If non compliances occur, appropriate corrective action must be taken. If a supplier is unwilling to make corrective action, business may be terminated.
In accordance with well established principles as described in the company’s Corporate Responsibility Policy, XXL is committed to operate in accordance with responsible, ethical and sound business principles and comply with all applicable laws and regulations. XXL specifically does not permit or tolerate engagement in any form of corruption. The internal anti-corruption manual describes how all employees must relate to the implications of the company’s anti-corruption policy.