Question: Has the company created a risk mitigation plan with input from stakeholders?
Norsk Hydro
Unverified - Added by Steward
Not mentioned: "In case Hydro becomes aware of non-compliance with the CSR principles in the supply chain, the relevant first level supplier shall be contacted to discuss possible mitigating actions and an action plan shall be established containing list of non-compliance issues, mitigating actions and a plan for follow up. Corporate CSR shall receive a copy of the plan. Re-evaluation of risks shall take place periodically in accordance with the risk mitigation action plan. If after a reasonable amount of time the supplier shows no willingness to improve, the line management shall evaluate whether it is appropriate to take additional contractual actions. " p. 2