Purpose

Folk AS commits to respecting and promoting human rights, privacy, employee rights, and equal opportunities in all aspects of its business. This policy provides guidelines for acting in accordance with these principles.

Responsibility

All employees, managers, and partners at Folk AS are responsible for complying with this policy and contributing to a work culture that promotes human rights, privacy, employee rights, and equal opportunities. Respect for human rights and surroundings is an essential part of our corporate culture, both within our own company and in our supply and value chain.

We act in accordance with the following internationally applicable standards and frameworks:

■ UN Sustainable Development Goals
■ The principles of the United Nations Global Compact (UNGC)

We also comply with all relevant legal requirements and binding sustainability obligations. This is regulated in our sustainability policy, which can be found on our website.

Our requirements for ourselves and for our partners

The standards and principles set out in the standards and frameworks listed are reflected in our own requirements for our employees, business partners and suppliers and form the basis of our daily actions:
■ Folk AS Code of Conduct
■ Business ethics for Folk AS’s suppliers

We expect our employees and suppliers to comply with all stated standards and requirements, as well as comply with applicable laws. In addition, we expect our suppliers to comply with all stated standards.

Principles

We commit to the following principles:

• Equality and Diversity: We respect and support the diversity of backgrounds, cultures, genders, ages, and abilities. Discrimination based on race, religion, sexual orientation, or other factors is unacceptable.
• Worker Rights: We recognize workers’ rights, including the right to organization, collective bargaining, and a safe workplace.
• Child Labor: We commit to not using child labor in our business or supply chain.
• Environment and Sustainability: We consider the environment and strive for sustainable practices in all our activities.
• Privacy: We respect individuals’ right to privacy and protect personal data in accordance with applicable privacy laws and regulations.
• Equal Opportunities: We commit to providing all employees with equal opportunities regardless of gender, age, abilities, race, religion, or other factors.
• Equal Pay: We commit to eliminating wage differences based on gender or other discriminatory factors.
• Freedom from Forced Labor: We condemn any form of forced labor, slavery, and human trafficking.

This is how our work concerning human rights is directly or indirectly controlled:

Ongoing nonconformity reporting – Risk assessments – Internal audits of our procedures – Quality control – Supplier assessments – Reporting on equality and transparency – External audits of Folk AS at ISO and Revidert arbeidsgiver.

We are constantly developing our risk management, which is integrated into all relevant business processes. This enables us to identify and minimize human rights risks and prevent, terminate and reduce the extent of human rights violations. In addition, we continuously develop our internal processes to be able to respond to possible complaints and breaches in our value chain at an early stage.

Monitoring and Follow-Up

Any violations of this policy should be reported to management. We will take action to correct the situation and prevent recurrence.