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.

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.