Novo Nordisk Annual Report 2021
Contents
Introducing Novo Nordisk Strategic Aspirations Key risks
Management
Consolidated statements
Additional information.
Novo Nordisk Annual Report 2021
23
We follow and adhere to legal requirements, international
standards, recommendations and commitments including:
Standards
- Value Reporting Foundation/
Sustainability Accounting Standards
Board
- Taskforce on Climate-related
Financial Disclosures
- Science Based Targets initiative
- World Economic Forum's
Stakeholder Capitalism Metrics
VALUE
REPORTING
FOUNDATION
SASB
STANDARDS
TCFD
TASK FORCE ON
CLIMATE-RELATED
FINANCIAL
DISCLOSURES
Legal requirements
- The Danish Financial Statements Act
- UK Bribery Act
- UK and Australian Modern
Slavery Acts
- US Foreign Corrupt Practices Act
Recommendations and
commitments
- UN Global Compact Ten Principles
- UN Guiding Principles on Business
and Human Rights
- UN Political Declaration on
Universal Health Coverage
- UN Sustainable Development Goals
- OECD Guidelines for Multinational
Enterprises on Responsible
Business Conduct
For more information, see
novonordisk.com.
Regulatory compliance
We are committed to comply with all applicable rules
and regulations. As a listed company with more than 500
employees, we are in scope of the EU Taxonomy Regulation.
We do not currently consider our core economic activities to
be in scope of the EU Taxonomy Regulation's technical annexes
on climate change mitigation and climate change adaptation.
Based on our current understanding, available data and
assessment of requirements, we have zero eligible activities
to report on within revenue, Opex and Capex. We note that
the EU Taxonomy Regulation will keep evolving and that we
will continue to consider its impact as well as future reporting
obligations.
Remuneration
As described in the Remuneration Report, executive
remuneration is linked to performance on financials as well as
non-financials (e.g., innovation, sustainability).
SCIENCE
BASED
TARGETS
DRIVING AMBITIOUS CORPORATE CLIMATE ACTION
Strategic Aspirations
2025 Purpose and
sustainability
- Being respected for adding value to society
- Progress towards zero environmental impact
- Ensure distinct core capabilities and evolve cultureView entire presentation