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Download report for 2008 (PDF format) - Telenor

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HOW WE DO BUSINESS<br />

WITH PARTNERS AND SUPPLIERS<br />

Corporate ethics are related to how we behave towards each other and the external world. All entities associated<br />

with <strong>Telenor</strong> are responsible <strong>for</strong> following the rules and guidelines that are based on <strong>Telenor</strong>'s basic values and<br />

which <strong>for</strong>m attitudes we can be proud of. <strong>Telenor</strong>'s guidelines <strong>for</strong> corporate ethics apply to members of the Board<br />

of Directors, managers and other <strong>Telenor</strong> employees, as well as others acting on behalf of <strong>Telenor</strong>. <strong>Telenor</strong> Group<br />

initiated the HIT Project. The HIT Project stands <strong>for</strong> - Health, Safety and Environment in <strong>Telenor</strong> with the vision of<br />

relaying to all its suppliers and business partners the importance of complying with regulations on occupational<br />

safety, as well as human rights with a special emphasis on the protection of children’s rights. We are investigating<br />

ways in which our suppliers operate in the field and follow-up on them (application and practice), we are checking<br />

official regulations and procedures (both local and global) and we focus on culture and awareness of this issue.<br />

The HIT objectives will be achieved with the support and cooperation of <strong>Telenor</strong> employees, as well as of each<br />

individual supplier and business partner from this sector. This is based on intensive communication, support and<br />

monitoring of suppliers, while <strong>Telenor</strong> will provide logistical supports as well as expertise aimed at reaching these<br />

goals as efficiently as possible.<br />

We are focusing our ef<strong>for</strong>ts on a collaborative approach with suppliers, through a <strong>for</strong>mal and in<strong>for</strong>mal dialogue<br />

aimed at improving relationships and per<strong>for</strong>mance in supply chain management.<br />

OUR CONTRIBUTION TO SOCIETY<br />

In an ef<strong>for</strong>t to show the positive effects of mobile communications <strong>Telenor</strong> commissioned Deloitte to carry out<br />

a study of our markets in Serbia, Bangladesh, Malaysia, Pakistan, Thailand and the Ukraine in 2007. This study<br />

revealed a close correlation between mobile penetration and GDP (Gross Domestic Product) growth. In emerging<br />

markets, a 10 percent increase in mobile penetration could boost GDP growth by as much as 1.2 percent. Our<br />

business has a positive effect on increasing productivity, economic welfare, education and health improvement,<br />

disaster relief and improving conditions in rural areas and low income groups.<br />

Wherever we are present worldwide, mobile communications technology contributes to social inclusion and helps<br />

people to stay in touch. However, <strong>for</strong> many people across the world, access to communications services remains a<br />

remote prospect. Access is a means of fighting poverty, illiteracy and poor health and a means of helping people to<br />

improve their living conditions. This is what we mean when we say Empowerment Through Access. We continue to<br />

create value <strong>for</strong> society by providing more people with access to communications services.<br />

Corporate Responsibility 9

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