Demant
ESRS disclosure: ESRS G1 \ DR G1-3 \ Paragraph 18 a
Tags Tree
- 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.
-
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 financial or in-kind political contributions as stipulated under Disclosure Requirement G1-5, which pertains to political influence and lobbying activities, in accordance with paragraph 27 of the ESRS regulations.
-
Question Id: G1-5_02
Our Anti-Corruption Policy does not allow for political contributions which are defined as contributions to politicians, political campaigns and political parties. Any deviations from this Policy must be approved by our Group CEO. In 2024, we did not make any political contributions.
Report Date: 4Q2024Relevance: 75%