Policy for sustainable Business Practices Knif Innkjøp Board resolution March 12th. 2024 Introduction The customers and the owners of Knif are non-profit organisations founded on idealism. Therefore, it is especially important that Knif Innkjøp work according to sustainable business practices that respect people, social conditions, and the environment. Sustainable business practices are a prerequisite for sustainable development and lie at the balance point between people, the environment, and the economy1. Sustainable development satisfies the needs of the present without compromising the ability of future generations to meet their own needs2. Requirements for Our Own Busniess Knif Innkjøp offers procurement agreements for goods and services which our members purchase directly from our partners. Knif Innkjøp acknowledges that our business practices can have a potential negative impact on people, social conditions, biodiversity and the environment. At the same time, we see our potential to contribute to positive development in these supply chains. Based on this, we have developed the following principles and requirements for our own business: • Conducting due diligence As a member of Ethical Trade Norway, we commit to actively working with due diligence for sustainable business practices3. This means: conducting our own risk assessments of negative impact on people, social conditions, the environment and biodiversity, and stopping, preventing, and mitigating such impact. Where the supplier is responsible for the negative impact/damage, the supplier is also responsible for recovery. The measures are monitored and assessed for their impact and communicated to those affected. We expect our suppliers and partners to follow the same approach. The minimum standard we are obliged to follow ourselves, and is set as a minimum requirement for suppliers and partners, is detailed in "Guidelines for Partners and Suppliers to Knif Purchasing" and "Principles for Sustainable Business Practices (Code of Conduct)". This covers forced labor/slavery, unionization and collective bargaining, child labor, discrimination, harsh treatment, HSE, wages, working hours, regular employment, marginalized populations, environment, corruption, animal welfare, and governance-systems for follow-up.
1 «Triple bottom line», John Elkington 1994 2 «Our common future», World Commission on Environment and Development (Brundtlandkommisjonen) 1987
3
UN OHCHR, Guiding Principles on Business and Human Rights (UNGP)”, 2011; OECD, «Due Diligence Guidance for Responsible Business Conduct», 2018
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