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Accountability and transparency

Woolly Bear takes responsibility for the impact that its decisions and activities on society, environment and economy, especially significant negative consequences. Measures taken to prevent repetition of unintended and unforeseen negative effects, but also to minimize the effects that can not be avoided.

Woolly Bear also strives to clearly, correctly and in a reasonable and sufficient degree, publish guidelines, decisions and activities to ensure transperancy and accountability. This is to protect the ability of customers to the understanding of our business, and allowing them to find gaps and areas for improvement in the company’s operations. This distinguishes Woolly Bear from most companies, but we see it as a strength that transparently take help of our stakeholders. Woolly Bear thereby strive to work together with the community and not against.

Our company policy of transparency do not force the company to publish business sectrets, but does not discuss whether secret classified material should be published. The principle also do not include that information which is confidential or which would be contrary to the legal, commercial, security obligations or the obligations relating to privacy provided.

Woolly Bear is also working to achieve the value chain objectives for social responsibility. It includes promoting fair and effective management of costs and benefits that occur when working for social responsibility implemented in the value chain and, if possible, improve the skills of other organizations adequate purchasing practices, such as paying fair prices and that there are lasting agreements .

Woolly Bear must be transparent in terms of:

  • Purpose of and location of our business.
  • The identity of those who have a controlling interest in the organization’s activities.
  • The way in which decisions are made, implemented and monitored, including the definition of roles, responsibilities, accountability and authority within the organization’s various functions.
  • Standards and criteria the organization uses to evaluate its own performance on social responsibility.
  • Results in relevant and important areas of social responsibility.
  • The sources, the sum of, and the use of our funds.
  • The known and likely impacts, decisions and activities on stakeholders, society, economy and environment.
  • Stakeholders and the criteria and procedures used to identify, select and involve them.
  • Establish procedures to facilitate the reporting of unethical behavior without fear of reprisal.
  • Identifying and addressing situations where local laws and regulations are missing or contrary to ethical behavior.
  • Adopt and implement internationally recognized standards of ethical conduct as research with human subjects conducted.
  • Respect the protection of animals when animal life is affected, including by providing decent conditions in the breeding, transport and use of animals.