Novo Nordisk Annual Report 2021 slide image

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 culture
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