This annual report presents DNV’s financial, social and environmental performance in line with the Global Reporting Initiative (GRI) guidelines. Our vision of a global impact for a safe and sustainable future is reflected throughout the report and particular emphasis has been given to the global challenge involved in climate change.

The selection of reporting parameters is based on an assessment of materiality for all GRI indicators. Due regard has been given to their relevance to DNV and DNV stakeholders. The indicators reflect both opportunities and challenges for DNV as a professional service provider with the objective of safeguarding life, property and the environment.

DNV’s Corporate Social Responsibility (CSR) work adopts a risk-based approach when prioritising and defining activities to ensure continuous improvement within focus areas such as corporate governance, ethics, transparency, health, safety and the environment. These activities are reported upon. This report also takes into account our reporting commitment to the UN Global Compact and our communication of progress is integrated with the GRI content index.

DNV has applied the GRI guidelines (G3) in preparing this annual report. The financial review has been prepared in accordance with the Norwegian Accounting Act and accounting principles generally accepted in Norway. Information on the accounting principles applied to subsidiaries is given in the notes to the financial statements. Environmental performance indicators are limited to five large sites covering approximately 32% of DNV’s employees. DNV is continuously working to extend this environmental reporting to cover more sites.

The GRI content index shows where you can find information on the main reporting elements and indicators of the GRI and the UN Global Compact. In some cases, reference is made to information that may be found on our web site: www.dnv.com.

Application level
DNV has assessed this report against the criteria in the GRI Application Levels and rates this report at Level C. This application level has been checked by the GRI. The annual financial statements have been audited by Ernst & Young AS.

Photo: Getty Images