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 on the methods and channels through which your organization communicates its policies related to the prevention and detection of corruption and bribery to relevant stakeholders, ensuring accessibility and comprehension of the policy's implications.
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Question Id: G1-3_05
Demant has established a whistleblower hotline, which enables employees, business partners, and other stakeholders to report their concerns relating to corruption and bribery confidentially and anonymously. Group Legal & Compliance manages all reports received through the whistleblower hotline and our Whistleblower Policy and Investigation Guideline ensure that the investigator involved in a specific whistleblower case is independent from the chain of management involved in the matter.
Report Date: 4Q2024Relevance: 50%