Demant
ESRS disclosure: ESRS G1 \ DR G1-3 \ Paragraph 18 a
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- Does the undertaking have established procedures to investigate business conduct incidents, including those related to corruption and bribery, in a manner that is prompt, independent, and objective, beyond the follow-up procedures for whistleblower reports as per the applicable law transposing Directive (EU) 2019/1937?
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Question Id: G1-1_08
Group Legal & Compliance manages the whistleblower hotline and has developed an Investigation Guideline, which is a tool that describes step-by-step how an investigation into a concern raised by an employee is conducted.
Group Legal & Compliance works closely with Global HR and has, in collaboration with them, developed an HR investigation process, which HR uses when conducting HR-related investigations. Employee concerns can also be reported to HR or managers directly and do not have to be reported through the whistleblower hotline.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed description of the procedures currently implemented to prevent, detect, and address any allegations or incidents of corruption and bribery, as required under Disclosure Requirement G1-3.
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Question Id: G1-3_01
Demant has implemented policies and guidelines to mitigate corruption risks throughout the organization. This includes an Anti-Corruption Policy, Gifts & Hospitality Guidelines, and country-specific appendices with local monetary limits and a Third Party Compliance Code, which contains a section on anti-corruption, and is included as an appendix in contracts with third parties. For third parties, a due diligence process is in place to assess the anti-corruption risk associated with dealing with third parties in scope of due diligence. Based on findings, appropriate mitigating measures are implemented, such as specific anti-corruption wording in the contract with the third party.
Report Date: 4Q2024Relevance: 85%