Our approach

Our approach

Our approach to Corporate Responsibility is set upon the beliefs, identified by our organization, as necessary for long-term, sustainable success.

Corporate Responsibility is a fundamental, unifying concept for Kongsberg Automotive. It is a common thread that connects diverse objectives, stakeholders, and issues. This concept addresses the need for due consideration of stakeholder interests and a need to understand and prioritize the material aspects of our activities. Our approach to Corporate Responsibility is set upon the beliefs, identified by our organization, as necessary for long-term, sustainable success.

Governance

Assuring legal compliance, honest and transparent dealings and equal treatment of stakeholders.

People

Caring for our employees, our business partners and the communities where we work & live.

Innovation & operational excellence

Providing innovative products & sustainable solutions while also considering the environmental and social impacts of our manufacturing activities.

Economic performance   

Creating value for our stakeholders and responsibly managing economic, social and environmental risks.

Stakeholder engagement & materiality

Affected stakeholders were engaged to participate in defining our Corporate Responsibility material aspects. This ensures the alignment of corporate decisions with the views of various groups forming, influencing or being influenced by the company.

To identify the material issues within the context of Corporate Responsibility we used a four-step process:

  1. Identify key stakeholder groups
  2. Construct a comprehensive survey based on relevant industry issues and trends, stakeholder expectations, value chain assessments, legal and customer requirements, risk analysis and strategic business goals
  3. Conduct a survey of key stakeholders: employees, suppliers and business partners, customers, communities, investors, insurers and industry groups
  4. Evaluate survey results and highlight the most relevant, priority aspects using a Materiality Matrix

 

Our Materiality Matrix

At Kongsberg Automotive, we consider material aspects to be those, which are of priority interest to our stakeholders and deemed most critical for future business success. The Materiality Matrix is the tool we use to highlight significant aspects in a comprehensive yet easy to understand way.

We believe the material issues shown on the matrix here, are at present, the most significant in terms of addressing our stakeholders’ expectations and securing future success. We will continue to develop and enrich existing Corporate Responsibility initiatives however, identified priorities will be given due consideration.

Our Materiality Matrix

Our guiding principles

Our guiding principles

We commit to operate in an economically, socially and environmentally responsible manner
Code of Conduct

Code of Conduct

Community engagement

Community engagement

Our approach

Our approach

CR report

CR report