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ANNUAL REPORT 2011/12 - IC Companys A/S

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Management report<br />

PAGE 36<br />

Cutting unit in the South of India. <strong>IC</strong> <strong>Companys</strong> runs production in India via own production offi ce in Delhi.<br />

overall aim was to strengthen not only our preventative work<br />

– avoid that harmful chemicals enter our products in the fi rst<br />

place – but also to be able to apply a risk matrix and test<br />

in a smarter way. This work has led to new processes being<br />

put in place and has already proven its worth. We have also<br />

provided training to our suppliers on how to avoid harmful<br />

chemicals. Furthermore, this has been followed up by<br />

guidance and dialogue on specifi c issues, e.g., with regards<br />

to fi nding alternatives to harmful chemicals, etc.<br />

Though we put a lot of emphasis on education and on<br />

the preventive part of the equation, we also know that we<br />

do need to perform audits and tests to validate that our<br />

preventive focus works. Consequently, we have also worked<br />

hard the last year to put more knowledge into the testing<br />

so that we now have a much deeper knowledge and more<br />

developed systems which allows us to run smarter and more<br />

comprehensive tests than previously.<br />

Litmus test of our approach<br />

Our new processes and approach were put to the test by the<br />

Norwegian authorities in the spring of 20<strong>12</strong>. The Norwegian<br />

Climate and Pollution Agency (KLIF) picked ten of our styles<br />

and invited us to Norway for a full day meeting with the aim<br />

of receiving documentation and test reports showing that<br />

the styles were in compliance with existing Norwegian as<br />

well as EU legislation (REACH – Registration, Evaluation,<br />

Authorisation and Restriction of Chemical substances). The<br />

<strong>IC</strong> COMPANYS <strong>ANNUAL</strong> <strong>REPORT</strong> <strong>2011</strong>/<strong>12</strong><br />

meeting started with an explanation of our policies and<br />

processes for avoiding harmful chemicals in our products.<br />

This was followed up by an in-depth questions and answers<br />

session where we provided information on why we had<br />

and had not chosen to test the styles based on our risks<br />

assessments. The meeting ended with the Norwegian<br />

authorities congratulating us for our work and saying that<br />

we were one of the best companies they had ever examined.<br />

This event was subsequently featured in the Norwegian<br />

Textile Forum magazine.<br />

This story shows how we have gone from a relatively reactive<br />

approach to working with harmful chemicals to now working<br />

more proactively and knowledge-based than previously.<br />

Anti-corruption policy<br />

To support our work on applying a zero tolerance against<br />

corruption we have developed a comprehensive anticorruption<br />

policy. The overall aim of the policy is to ensure a<br />

non-corruptive business environment throughout the value<br />

chain of our Company. We work actively to comply with all<br />

applicable anti-bribery laws in force in all countries where we<br />

do business. This is also in alignment with our membership<br />

of the UN Global Compact and the 10th principle on working<br />

against corruption in all its forms, including extortion and<br />

bribery.

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