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2018 was a year of achievements for VIKING Life-Saving Equipment A/S (VIKING). The most significant of these was the acquisition of Norway-based lifeboat and davits manufacturer, Norsafe, adding some 800 employees into the VIKING family. Norsafe has contributed to maritime safety for over a century and, through this acquisition, we have strengthened our presence and ability to service the maritime industry.

Palsgaard’s CSR approach is underpinned by Palsgaard’s long-standing core values, open communication with our stakeholders, a materiality review, the UN Global Compact and Sustainable Development Goals. Four CSR focus areas help to keep us aligned when implementing CSR-related activities throughout the organisation.

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Welcome to our Corporate Social Responsibility Report for 2017. Since its founding in 1960, VIKING has focused on saving passengers and crew in life-threatening situations. For many years now, we have also worked to simplify the process for shipowners and other maritime decision makers when it comes to establishing and maintaining a high level of safety. We view our products and services as a contribution to creating a safer world. Our contributions also extend beyond our products and services, including our commitment to supporting the local communities in which we operate.

This is Palsgaard’s 8th annual CSR report, covering the 2017 calendar year. It aims to provide a balanced overview that identifies the impacts and risks of our work with food ingredients and functional polymer additives, as well as our activities to counter these and to make positive contributions to a more sustainable world. Strategy, design, content and production by cylindr.