Human rights risks
Human rights risks are present throughout our value chain although particularly in relation to our employees and suppliers. As a truly global company, social conditions vary widely in the countries where we and our suppliers operate, with some markets posing a higher risk of human rights violations, such as forced labor, child labor, poor working conditions, discrimination, or restrictions on freedom of association. Being aware of these risks are crucial for successful preventive measures to safeguard that we don’t contribute to adverse impacts.
Ensuring compliance
Protecting the rights of all individuals impacted by our activities or business relationships, and complying with legislation and internationally accepted standards, is crucial to our operations and reputation. Violations can result in severe financial consequences, including legal penalties and fines.
For this reason, human rights insights constitute a central part of our Enterprise Risk Management process, and our divisions are actively required to consider human rights risks.
Human rights due diligence
We apply human rights due diligence procedures to prevent, detect, and mitigate adverse human rights impacts linked to our operations, products, services, or business relationships, even if we have not directly contributed to those impacts. Human rights are integral to our Code of Conduct and as such influence all our internal policies. Our dedicated Human Rights Statement applies to all employees, including consultants, and all business partners in our value chain. It is found on the Policies page.
Our Human Rights Statement applies to all employees and all business partners in our supply chain.
