We ensure that all employees are aware that they can safely report concerns through our whistleblower hotline. We have had several global campaigns promoting awareness about the hotline and, most recently, awareness was created through our global Code of Conduct and Whistleblower e-learning launched in H1 2024 in 11 languages.

Among other things, the e-learning informs the employees about the whistleblower hotline, how to report and what they can report and provides information about our anti-retaliation principles. In 2024, all employees globally were asked to complete the e-learning, and we plan to relaunch the e-learning every three years. In addition, the business ethics champions appointed in each subsidiary globally help raise awareness about the Code of Conduct and anti-corruption policy and guidelines, which apply to all employees globally, thereby assisting in the prevention of corruption and bribery through training.

In 2024, 58% of all Demant employees completed the e-learning. 76% of highly exposed employees, who are the target group for our 2030 target, completed the training.

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.