Social and governance

Fostering ethical behavior through our Code of Conduct

We want to do the right things in the right way. That is why we have a Code of Conduct. All employees, business partners, and the Board of Directors are expected to follow the principles stated in the Code.

Colleagues gathered around a laptop in an office sitting area.

Doing the right things

Our Code of Conduct is the heart of everything we do, outlining our core values and shaping a strong corporate culture. It emphasizes the importance of ethical business practices, and that we treat everyone with fairness, dignity, and respect.

Examples of what the Code of Conduct includes:

  • Fair treatment: We ensure equal opportunities and respect for all, fostering a diverse and inclusive workplace.
  • Environmental responsibility: We minimize our environmental impact by reducing waste and upholding high standards in terms of safety, health, environment, and quality.
  • Transparency: We maintain open communication with stakeholders and encourage reporting of any wrongdoing through our SpeakUp system.
  • Anti-corruption: We have zero tolerance for all forms of corruption and bribery. This applies to all business dealings and transactions in all countries where we operate.
  • Safety and well-being: We prioritize a safe and healthy work environment with strict safety protocols and regular training.
  • Human rights: We uphold human rights by ensuring fair labor practices, preventing child and forced labor, and promoting safe working conditions.

 

The Code always applies 

While laws and standards vary across the countries we operate in, we always adhere to our Code of Conduct – even when it sets higher standards than local regulations. Available in over 30 languages, our Code of Conduct is accessible to all our stakeholders.

To ensure we live by our values, we have made implementing the Code a key part of our Group targets. All our employees need to sign a compliance statement annually and take our Code of Conduct training every two years. Also our significant business partners are required to confirm compliance with the Code by signing our Business Partner Criteria.

Learn more about our Code of Conduct

Code of Conduct site

Our Code is accessible to anyone through our external Code of Conduct site. It is available in multiple languages and includes our Business Partner Criteria, which our significant suppliers and distributors need to sign.

Code of Conduct training

We invite you to take our online training to discuss different ethical dilemmas. The training is available on a separate site and all in all it takes an hour to complete. It is available in multiple languages and can be done individually or jointly.

Report a concern

If you suspect a breach of our Code of Conduct or any other type of wrongdoing, we encourage you to report a concern through our external system SpeakUp. You can report anonymously in your local language.

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Strategy

Group targets

We set ambitious targets to achieve sustainable, profitable growth. Sustainability is integrated in our strategy and guides our priorities, targets and long-term commitments. This helps us deliver greater value to all stakeholders in a way that is economically, environmentally and socially responsible.
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Social and governance

Business partners

We work with business partners who share our ethical standards. We require all significant business partners to sign our Business Partner Criteria to confirm compliance with our Code of Conduct. A collaborative approach helps manage risks and promote sustainability.
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Social and Governance

Human rights

We are committed to upholding high standards of business ethics and human rights throughout our value chain. This includes due diligence and compliance with international frameworks and ensuring that our business partners adhere to our Code of Conduct.
Collegues from different ethnical backgrounds cooperating in the office.