Communication on Progress

NetEnt AB (publ) Communication on Progress

Participant
Published
  • 12-Jan-2017
Time period
  • January 2016  –  January 2017
Format
  • Stand alone document – Basic COP Template
Differentiation Level
  • This COP qualifies for the Global Compact Active level
Self-assessment
  • Includes a CEO statement of continued support for the UN Global Compact and its ten principles
  • Description of actions or relevant policies related to Human Rights
  • Description of actions or relevant policies related to Labour
  • Description of actions or relevant policies related to Environment
  • Description of actions or relevant policies related to Anti-Corruption
  • Includes a measurement of outcomes
 
  • Statement of continued support by the Chief Executive Officer

  • Statement of the company's chief executive (CEO or equivalent) expressing continued support for the Global Compact and renewing the company's ongoing commitment to the initiative and its principles.

  • January 12th 2017

    To our Stakeholders:

    I am pleased to confirm that NetEnt AB (publ) reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labor, Environment and Anti-Corruption.

    In this annual Communication on Progress, we describe our Actions to continually improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations. We also commit to sharing this information with our stakeholders using our primary channels of communications.

    Sincerely yours,

    Per Eriksson
    CEO of NetEnt AB (publ.)

Human Rights
  • Assessment, policy and goals

  • Description of the relevance of human rights for the company (i.e. human rights risk-assessment). Description of policies, public commitments and company goals on Human Rights.

  • • NetEnt has a written company code of conduct on respecting Human Rights and preventing potential abuses: Anti- Slavery and Human Trafficking Policy
    • We support the Universal Declaration of Human Rights
    • Equal Opportunities Policy
    • NetEnt has a zero tolerance to discrimination, sexual harassment and workplace bullying
    • A clear and straightforward corporate goal is set to achieve a 50:50 gender balance throughout the entire organization by the year 2020. This is frequently communicated both internally and externally and a strategic action plan is in place.
    • Taken extensive measures to enhance and promote responsible gaming within the product and in communication regarding our product and company.
    .

  • Implementation

  • Description of concrete actions to implement Human Rights policies, address Human Rights risks and respond to Human Rights violations.

  • • All empolyees are advised to read though policies upon work start, and encourgaged frecuently through out ther emploment to revise them
    •

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • • Equal Opportunities Policy
    • Anti-Slavery and Human Trafficking Policy

Labour
  • Assessment, policy and goals

  • Description of the relevance of labour rights for the company (i.e. labour rights-related risks and opportunities). Description of written policies, public commitments and company goals on labour rights.

  • • We ensure that our company does not participate in any form of forces or bonded labor.
    • Work Environment Policy
    • Equal Opportunities Policy
    • Staff Vetting Policy
    • NetEnt continuously measures employee’s satisfaction
    • We do not apply affirmative-action, but do have a clear corporate goal to achieve a 50:50 gender balance throughout the entire organization by year 2020 and take extra measures when looking for candidates to join us.

  • Implementation

  • Description of concrete actions taken by the company to implement labour policies, address labour risks and respond to labour violations.

  • • All employees are provided safe and suitable work facilities. This includes ergonomical tools such as adjustable desks, chairs and lighting.
    • NetEnt has employed a Health and Energy Inspirer that works full time on promoting, motivating and arranging activities for employees to enhance their physical and mental wellbeing
    • Yearly benchmarking of salary’s is performed to ensure we are competitive within the industry.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • • A 50:50 gender balanced management is reached, 38:62 balance for the company, 31:69 among managers
    • Average age of employee: 34
    • 47 nationalities are represented among employees
    • Average absenteeism has decreased by 4 hours per employees since December 2015 when our Health and Energy Inspirer joined the company.

Environment
  • Assessment, policy and goals

  • Description of the relevance of environmental protection for the company (i.e. environmental risks and opportunities). Description of policies, public commitments and company goals on environmental protection.

  • • NetEnt Environment Policy and adheres to the Global Compact environmental principles.
    • NetEnt aims to reduce the CO2 per game transaction with 20% during the coming 3 years.
    Q3 2016: 23mg CO2/game transaction (Estimated full year value based on data from Jan- Sep 2016)
    Target Q3 2019: 18mg CO2/game transaction

  • Implementation

  • Description of concrete actions to implement environmental policies, address environmental risks and respond to environmental incidents.

  • • Our digital product leaves a minimal environmental footprint
    • Yearly “planet week” is organized in the offices and focuses on engagement, improvement and set goals.
    • Planet team that is dedicated to making our company more sustainable and environmentally friendly.
    • Recycling bins in offices for paper, glass and metal cans.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates environmental performance.

  • • All computers and cell phones are recycled or donated to charity after lifespan at NetEnt.
    • Recycling of cans, glass and paper is standard in a offices

Anti-Corruption
  • Assessment, policy and goals

  • Description of the relevance of anti-corruption for the company (i.e. anti-corruption risk-assessment). Description of policies, public commitments and company goals on anti-corruption.

  • • NetEnt Supports the UN Convention Against Corruption and other international instruments
    • Written company policies and a zero-tolerance on corruption, bribery and extortion
    • Anti Money Laundering Policy
    • Annual anti-money laundering training for all employees
    • We aim to operate primarily on regulated markets, applying for licenses on markets as they open.
    • We require our clients to have licenses needed when offering our products on regulated markets
    • Due diligence on all potential clients and ongoing due diligence on all existing clients

  • Implementation

  • Description of concrete actions to implement anti-corruption policies, address anti-corruption risks and respond to incidents.

  • • A thorough compliance program, a uniform approach, to ensure compliance with gaming industry-specific laws, regulations and standards which impact on the activities of the company.
    • We order audits from independent institutes annually.
    • We require our clients to have licenses needed when offering our products on regulated markets
    • Due diligence on all potential clients and ongoing due diligence on all existing clients

  • Measurement of outcomes

  • Description of how the company monitors and evaluates anti-corruption performance.

  • • Our Business Intelligence Team continuously monitors all transactions and take actions on any suspicious activity.