Brunvoll Holding AS and all companies in the group
Eikremsvingen 2c, 6422 Molde, Norway
Our business concept is to design, manufacture and support systems for propulsion, positioning and maneuvering of advanced seagoing vessels.
Brunvoll is a family-owned company founded in 1912, consisting of solely Norwegian registered companies. We export 75-85% of our products and services to the global market and are ISO-certified according to the ISO 9001 standard. In addition, we are ISO-certified in 14001 and 45001 standards for the biggest company in the group. We have an integrated value chain with a strategy to produce in Norway.
Read more about our company and value chain in our Sustainability Report
Effective July 1st, 2022, larger companies are obligated by law to perform such processes and show transparency by publicly reporting on their efforts.
Our business practice builds on our Ethical guidelines, which applies to our employees, business partners and our suppliers. The guidelines are approved by The Board of Directors and comprise, among other subjects, human rights1 and decent working conditions2.
Brunvoll follows The UN Guiding Principles on Business and Human Rights and will provide a more complete and transparent reporting within June 2023. In the report we will disclose how we work to identify, address, prevent and limit violations of human rights or decent working conditions – whether potential or actual impacts. We will work according to the process described in the OECD Due Diligence guidance for responsible business conduct.
The Brunvoll Group has an annual purchase volume of about 500 million NOK and a considerable number of suppliers in our supply chain3. Metals (steel and bronze) and electrical components (motors, frequency converters, batteries and electronics) are the two largest categories of purchased goods. Our supplier mapping shows that a large percent of our suppliers is situated in Norway and Europe.
Our purchase strategy explicitly states that the company shall prioritize local suppliers and partners when possible, and that we shall seek to establish long-term partnerships. We shall only choose partners that demonstrate good business ethics related to economy, quality, social and environmental sustainability.
Our business partners4 consist mainly of an international network of agents built up over decades, and partners providing services such as transportation, ICT-equipment, maintenance and catering. Based on an initial risk assessment, we apply standardized or specific contractual requirements or more complete due diligence processes when entering into agreements with new partners.
In 2022 Brunvoll will evaluate all processes, policies and templates related to business ethics and contractual requirements of our suppliers and business partners. Further, we will map all our suppliers and business partners with regards to country and industry, and compare that information to internationally recognized risk-indexes on human rights and decent working conditions. We will disclose our findings and how we address potential and actual impacts on human rights and decent working conditions. If you have any inquiries, please use the request form below.
The process of evaluation, mapping and disclosure is owned by the top management and approved by the Board of Directors 24.06.2022.