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.

We have had no confirmed incidents of corruption or bribery in Demant in 2024.