1. Introduction
1.1 Message from our President and CEO Arild Gjerde
2024 is the third year we issue a statement according to the Norwegian Transparency Act. By this we further confirm Kverneland Group’s commitment to continuously improving our environmental and social performance and governance structure related to all our stakeholders: customers, distributors, suppliers, ourselves (employees), authorities and the communities in which we operate. The report of 2024 is focused on our due diligence process with our suppliers, to ensure that the activities in our upstream supply chain are in accordance with our high targets for this area. Kverneland Group is, since 2012, a fully owned subsidiary of Kubota Group, and therefore fully committed to Kubota’s brand statement “For Earth, For Life”. In Kverneland Group we support this statement through our product development, where we focus on developing implements that not only contribute to producing food but also doing so in the most sustainable way possible. Kubota Group has, for a long time, aligned its ESG principles with the United Nations’ Sustainable Development Goals (SDG’s). For more details on this, we refer you to Kubota Groups ESG report for 2025. Looking into the future, Kverneland Group will continue to utilise the framework of the Transparency Act, together with the other related directives and regulations to further align our supply chain with the targets set by the UN and EU for ESG. As a part of Kubota Group, Kverneland Group will be included in the CSRD-report which will be issued first time in 2028 for 2027 figures. We are looking forward to the Corporate Supplier Due Diligence Directive, which we expect will further strengthen the mandate to work in this area. I am, on behalf of Kverneland Group, thankful for your continued partnership and cooperation as we continue this important journey. Together, we will make a lasting impact on the development of our society, especially when it comes to the agricultural sector, which in return creates a better world to live in for the generations to come.
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Yours sincerely, Arild Gjerde President & CEO, Kverneland Group
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