What is important to us

Safeguarding life, property and the environment

Our purpose, ‘to safeguard life, property and the environment’, is our reason for being. It has guided us since our foundation in 1864, and is shared with our sole owner, Stiftelsen Det Norske Veritas – a freestanding, independent Norwegian foundation. This enables us to take a long-term view on how we create value for our customers, employees, society and the environment.

Creating value through our work is important to DNV GL and understanding what issues are most important to our business and our external stakeholders helps direct the approach we take. Our key stakeholders are our owner, our customers and our employees. Other stakeholders include suppliers, research institutions, government bodies, industry associations, civil society organizations, and the media. Our scale — 12,000 employees, 100,000 customers, and operations in more than 100 countries — means we are in a good position to deliver our aim of creating financial and non-financial value for our stakeholders.

Engaging our stakeholders

We engage with internal and external stakeholders in a variety of ways to understand their thinking and concerns on a range of business and sustainability issues. In this way, we can identify the economic, social and environmental risks, opportunities and impacts that are most important, or material, to DNV GL and our stakeholders.

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Supporting the Sustainable Development Goals (SDGs)

We are a resolute supporter of the SDGs. Through our business activities we contribute to the SDGs, with a particular focus on Goals 7, 9 and 13, areas where we believe we can contribute most. Business solutions that support these goals include those covering renewable energy, safe and sustainable industrial operations and infrastructure, technology innovations, and climate change mitigation and adaptation. The sustainable innovation examples from around DNV GL show some of the ways we work with customers in support of the SDGs.

Looking ahead, we are working on projects that support Goals 3, 12 and 14, which relate to key areas of our business:

SDG 3: Good health and well-being

SDG 12: Responsible consumption and production

SDG 14: Life below water

Defining our material issues

Our materiality assessment is based on a wide-ranging stakeholder survey designed to identify the sustainability topics our customers, suppliers, partners, employees and the media consider important. The survey received more than 1,000 responses giving detailed insight into stakeholders’ views.

Our important topics are outlined above and covered in detail in on the sustainability pages.

We are currently developing a new corporate strategy, which will be launched in 2020 for the period 2021 to 2025. As part of the process, we will update the Group sustainability strategy, including revisiting our materiality assessment to gather a fresh understanding of business and stakeholder views on our priority sustainability issues.