Demant
ESRS disclosure: ESRS G1 \ DR G1-3 \ Paragraph 18 a
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- 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%
- Provide detailed information regarding the process, if any, utilized to report outcomes related to the prevention and detection of corruption and bribery to the administrative, management, and supervisory bodies, as per Disclosure Requirement G1-3.
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Question Id: G1-3_03
Group Legal & Compliance reports regularly on material reports received through the whistleblower hotline to the audit committee and the Legal & Compliance Board.
Report Date: 4Q2024Relevance: 85%