DSV A/S

Hedehusene, Denmark

DSV A/S is a global transport and logistics company based in Denmark. The company provides comprehensive transport and logistics solutions, including road, air, and sea freight as well as supply chain management services worldwide.

CCI Score

-10.57

April 18

Latest Event

DSV Under Human Rights Scrutiny Over Saudi Neom JV

Danish investors have raised ESG and human rights concerns about DSV's $10bn joint venture in Saudi Arabia's Neom mega-city project, questioning the ethical implications of collaborating with a regime known for repressive policies.

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ENABLER

DSV A/S is currently rated as an Enabler.

-10 to -19 CCI Score

Companies in this segment facilitate authoritarian practices while claiming neutrality. They provide resources or support that indirectly bolster oppressive regimes, thereby undermining democratic accountability without overtly endorsing the regime.

Latest Events

MAR

01

2024

DSV Under Human Rights Scrutiny Over Saudi Neom JV
-62.50

Danish investors have raised ESG and human rights concerns about DSV's $10bn joint venture in Saudi Arabia's Neom mega-city project, questioning the ethical implications of collaborating with a regime known for repressive policies.
-70

Business Practices and Ethical Responsibility

March 27

DSV's involvement in a controversial joint venture in Saudi Arabia, a country with a poor human rights record, has raised serious ESG and ethical concerns among its Danish investors. This decision may imply a willingness to compromise on responsible business practices, indirectly facilitating engagement with authoritarian regimes.

DSV's Neom JV in Saudi Arabia comes under 'human rights' scrutiny
-70

Economic Collaboration

March 27

The joint venture with Saudi Arabia's Neom project is seen as an economic collaboration with a regime known for repressive governance and human rights violations. This association raises serious concerns about DSV's willingness to engage in deals that may support authoritarian practices.

DSV's Neom JV in Saudi Arabia comes under 'human rights' scrutiny
MAR

01

2024

Human Rights Proposal Backing for DSV Board
35.71

Danish pension funds have filed a board-backed proposal urging DSV to enhance its reporting on human rights and labour rights in accordance with the UN Guiding Principles on Business and Human Rights.
+40

Labor Relations and Human Rights Practices

March 27

The proposal backed by Danish pension funds calls on DSV's board to increase transparency and accountability regarding human and labour rights. This push aligns with anti-authoritarian principles by advocating for improved corporate human rights standards, which supports progressive governance and worker protections.

Danish pension funds file board-backed human rights proposal at DSV
NOV

10

2023

DSV Tie-Up with Neom Project Raises ESG Concerns
-34.64

DSV A/S's strategic partnership with the Neom project has sparked criticism among Danish investors, who cite the project's poor human rights record and questionable climate credentials as problematic, potentially aligning the company with an authoritarian regime's agenda.
-40

Economic Collaboration

March 27

DSV's engagement with the Neom project, which has been widely criticized for its human rights issues and lack of sustainable climate practices, constitutes an economic collaboration that may indirectly support authoritarian policies. This decision has raised ESG concerns among Danish investors regarding ethical business practices.

Danish investors raise ESG concerns over DSV's tie-up with Neom project
OCT

30

2023

Investor Scrutiny Over Saudi Mega-Project Involving DSV
-55.63

Investors have pressed DSV for assurances regarding its role in a billion-dollar urban mega-project in Saudi Arabia, raising concerns over political risk and potential human rights compliance issues tied to the authoritarian context of the project.
-60

Labor Relations and Human Rights Practices

March 27

Investors are questioning whether DSV’s participation in the Saudi mega-project respects human rights standards. This rating under Labor Relations and Human Rights Practices reflects concerns that involvement might indirectly contribute to human rights abuses, given the authoritarian nature of the regime involved.

Major investors want answers from DSV on Saudi mega-project
-70

Economic Collaboration

March 27

The company's involvement in a multi-billion-dollar urban project in Saudi Arabia raises red flags regarding economic collaboration with an authoritarian regime. This score reflects the risk of complicity in enabling projects linked to repressive governance practices.

Major investors want answers from DSV on Saudi mega-project
OCT

01

2023

DSV Launches Human Rights Programme
64.23

DSV has developed and implemented a comprehensive Human Rights Programme to ensure the protection of fundamental human and labour rights for its employees and those within its supply chains, in line with international labour and human rights standards.
+80

Labor Relations and Human Rights Practices

March 27

DSV's initiative to develop a Human Rights Programme demonstrates a strong commitment to upholding fundamental human and labour rights. By adhering to international standards such as the ILO Conventions and the UN Guiding Principles on Business and Human Rights, the company sets high expectations for fair labor practices within its operations.

Human and labour rights
+70

Supply Chain Ethics

March 27

The programme extends its protection to workers throughout the supply chain, reflecting positive ethical sourcing practices and a commitment to safeguarding labour rights beyond direct employees.

Human and labour rights