About our report

Sustainability is integral to how we run our business. We recognise that sustainability risks could reduce our ability to generate value. We also understand that there are real business opportunities for our group to provide sustainable solutions for our customers and stakeholders. Our employees are at the frontline of making this happen.

The content of this report is defined by a materiality assessment conducted in 2018. As with everything we do, our governing elements lay the foundation and govern how we conduct our business. This also applies when assessing our impact and will always be an important part when looking at how our work affects our stakeholders and the world in which we operate.  This report covers activities in the calendar year 2018 and addresses areas we believe are of material importance to Wilhelmsen and our stakeholders. With this report, we aim at giving stakeholders who are interested in or affected by our activities more information about our approach to sustainability. The information presented in this report is based on data obtained from different parts of the group and we strive to give correct and complete information. Nevertheless, some information will be based on estimates.

  • Reporting boundary

    Companies in which Wilh. Wilhelmsen Holding ASA (Wilhelmsen) owns more than 50% are included in the boundary of this report.

  • GRI Standards

    This is the sixth year that we report in accordance with the GRI Standard: Core option. No external assurance has been undertaken.

  • Stakeholders

    We are regularly in dialogue with key stakeholders who engage with issues relating to the maritime industry and the activities of the Wilhelmsen group. The dialogue contributes to understanding the expectations of the community and transferring them to the group. It also enables us to communicate decisions to stakeholders and provide them with explanations for our underlying motives.

  • Materiality assessment

    We use a materiality assessment to find the aspects of our business that we believe have the most impact on the environment and the societies in which we operate. In the assessment, the importance of different topics are ranked by us and our stakeholders, such as our board, group and company management teams, employees, customers, suppliers, competitors, industry players, and shareholders.

  • Alignment with the Sustainable Development Goals (SDGs)

    The Sustainable Development Goals help us understand where our work makes a difference.

  • Continuous improvements

    In 2018, we revised our sustainability policy and requirements based on the new materiality assessment. The requirements are implemented in our strategies and business goals, advocated when representing Wilhelmsen on boards and used as requirements in mergers and acquisitions and investment decisions.

  • UN Global Compact participation

    In 2018, we committed to implementing the ten principles of the UN Global Compact (UNGC) throughout our operations. We have included requirements related directly to this commitment in our people policy and sustainability policy.