2016-12-11

To our stakeholders:

I am pleased to confirm that [ Company Name ] reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labour, 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 share this information with our stakeholders using our primary channels of communication.

Sincerely yours,

Johan Lassing

CEO

In our CSR policy we make it very clear that our organization rests steadily on the belief that we are all of equal worth. This does not mean that we are all equal and we realize that our organization will reach its full potential only if we jointly try to bring out the best in ourselves. Appreciating the potential in different origins, cultures, experience, gender and general viewpoint will allow us to better navigate in a complex reality.

Our CSR clearly states that we shall encourage our suppliers, partners and customers to share our viewpoint.

People in our organization comes from many different backgrounds and cultures and one goal we have for next year is to further help people to reach their full potential without being hindered by their origin, i.e., continue our work with cultural interaction.

We further continued our work on implementing a flat organization, without managers, but with clearly defined rules. This allows people to act in a different way than in an hierarchical manager-led organization. We see an increased level of openness, less suspicion and less conflicts. During the past year we noted that this organization form forces people in the organization to take a more active part of discussions concerning the organization, its values and its operations. This is a very positive and leads to more respect and diversity and sharper decisions.

Suppliers need to present material describing their work to assure that Human Rights principles are obeyed.

We continuously interact with our collegues to understand if there are any violations of human rights that needs addressing and we have a channel where people can speak directly to the company Chairman of the board about any issues.

We have clear statement that freedom of association is upheld and supported by the company. We have a clear ban on any forms of forced labor, child labor and employment discrimination.

We evaluate our work environment continuously to assess risks associated with our work.

Outcome for 2016: No accidents related to work.
Outcome for 2016: Leave time due to sickness was less than 1% of all worked time. This is an extremely low number, less than half of the relevant official statistics for comparable industries.

Goal for 2017: Zero work related accidents.

All information about our business and its operations is available to everyone in the company. This allows everyone to express, review, comment on important aspects of our operations. We have dedicated areas where we discuss and document CSR aspects.

Any improvement suggestions are reported by employees on our intranet and then jointly decided if they require action. We measure the effect of implemented actions and log this on the intranet.

There has been no incidents during 2016.

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.
Environment is an area of importance to us and we work actively to minimize our environmental footprint. Our business operation is completely CO2-neutral since we own wind power assets that produce more energy than we consume throughout our operation.

Our environmental performance is achieved through:
* Continuously reducing the environmental impact of our own operations
* Increasing the knowledge and awareness about sustainability among employees
* Using Design for Environment (DfE) strategies to achieve continuous environmental improvements regarding mass and energy flows related products we develop
* Using Life-Cycle Assessment (LCA) methodology as a means for determining significant aspects and as a basis for communicating environmental performance of our operations, products, services and solutions
* Engaging our suppliers to ensure adequate sustainability standards in our supply chain
* Actively engaging with our stakeholders about our sustainability performance
* Meet or exceed applicable legal requirements in the socio-economic and environmental areas
* Understanding the environmental responsibility and impact of the customers we work with and actively take part in improving the customers’ products and solutions
* Selecting transportation of goods supplied by partners that has an environmental policy and fulfill the ISO 24001 standard.

During 2016, we have certified our environmental management system for compliance to ISO 14001:2004. This has led to an increased awareness in the company and we have had numerous discussions about our own impact.

We have spend extra effort in reducing the amount of energy consumed by the products we develop,

We have conducted conflict material analysis and material declarations for the products we develop.

During 2016, we have certified our environmental management system for compliance to ISO 14001:2004. We consider this an important milestone.

We have no ongoing investigations or conflicts in this area, and no incidents have taken place during 2016.

In our CSR policy we have clear statements about our zero tolerance for any form of corruption, including bribing and similar.

We still consider the whistleblowing mechanism via Chairman of the board as one of the key mechanisms for addressing this area. We also conduct regular discussions about how to deal with this in our daily work.

We pay particular attention to scenarios where we judge that there is a risk of corruption and review contracts, discussions, and financials.

No incidents or suspicion on incidents has been reported during 2016.