Our Code of Conduct reflects our commitment to a prominent level of business ethics and is the overarching compliance document for our Group. The Code of Conduct outlines the behaviour we expect of our employees. It sets the minimum standards and general principles applicable to all employees, regardless of location and the nature of their work, and provides everyone with a common understanding of how we conduct our business.

In H1 2024, we hosted Business Ethics Days at our headquarters in Denmark for all our global business ethics champions and for centralised business functions. The purpose of the days was to further educate our champions on business ethics compliance and ensure engagement throughout the champions’ network.

Demant ensures that all employees are aware that they can safely report concerns through the whistleblower hotline. E-learning informs employees about the whistleblower hotline, how to report and what they can report, and provides information about 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. Business ethics champions appointed in each subsidiary globally help raise awareness about the Code of Conduct as well as our Anti-Corruption Policy and guidelines.