Sustainability Policy

Europris recognizes that it has a responsibility to ensure that its business is conducted in a socially and environmental responsible manner. As a result of this responsibility, Europris has focused on the social and environmental impact of its business, the care and satisfaction of its employees, and the community in which it operates.

Europris is committed to taking concrete steps to benefit the environment and minimise the adverse environmental impact resulting from its business and operations. As Europris is a discount variety retailer, Management believes that the Company’s impact on the environment primarily results from the choice of products, product transportation and operations at its stores and warehouses. Europris is Eco-Lighthouse certified in Norway by the Eco-Lighthouse Foundation, and has implemented energy conservation and waste reduction projects that aim to reduce the energy consumption of each store and develop smaller and more efficient packaging for its products. In addition, Europris has structured its distribution network to promote efficiency in transporting and delivering products, including through the use of sea freight to deliver products directly to certain stores.

Europris is also committed to promoting corporate conduct that reflects respect and consideration for others and complies with the health, safety, and environmental laws. Europris monitors the degree to which employees are present at work and promotes the health and wellbeing of its employees. In addition, Europris focuses on the training and education of its employees across all aspects of its business.

Europris supports community activities and organizations and serves as a good corporate citizen. For example, Europris is a member of the Ethical Trading Initiative and, as of 2015, has partnered with Church City Mission to provide assistance and promote social work within the alcohol care, elderly care, child welfare and mental health care fields across over 20 cities in Norway.

In addition Europris will focus on some main corporate responsibility areas:

  • Anti-bribery and money laundering
  • Data protection
  • Trade sanctions regulation
  • Compliance with the competition rules
  • Whistleblowing

The general principles underlying the Company’s approach to these topics are described in the Corporate Governance Compliance Manual adopted by the Board of Directors. Priorities shall be based on an assessment of the needs of both the business and its stakeholders, and as an integral part of day-to-day operations.

Supplier Code of Conduct
In order to make our position clear to our suppliers, our Supplier Code of Conduct (SCoC) describes the main requirements based on the ETI (Ethical Trading Initiative) Base Code principles:

  • Employment is freely chosen
  • Freedom of association and the right for collective bargaining are respected
  • Working conditions are safe and hygienic
  • Child labour shall not be used
  • Living wages are paid
  • Working hours are not excessive
  • No discrimination is practiced
  • Regular employment is provided
  • No harsh or inhumane treatment is allowed

Suppliers must comply with these principles, and compliance with the code is considered when selecting suppliers and placing orders.

We expect willingness to show transparency and to enter into dialog about potential challenges in meeting our requirements. If non compliances occur, appropriate corrective action must be taken and business may be terminated if suppliers are unwilling to make corrective actions.

Our Code of Conduct is translated into English and Chinese, see attachments:

 Code of conduct - English

Code of conduct - Chinese

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