Demant
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 20b
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- Provide a detailed description of your organization's human rights policy commitments that pertain to your own workforce. Include an explanation of the processes and mechanisms in place to ensure compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, and the OECD Guidelines for Multinational Enterprises. Emphasize the material aspects and your general approach to engaging with individuals within your workforce.
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Question Id: S1-1_05
Our Third Party Compliance Code outlines our expectations toward suppliers and business partners regarding working conditions for workers in the value chain. This includes the core International Labour Organization (ILO) standards on working conditions, workplace health and safety, freedom of association, forced/child labour and non-discrimination.
Report Date: 4Q2024Relevance: 40%
- Provide a detailed account of the measures your organization is implementing to address identified severe human rights incidents, such as forced labor, human trafficking, or child labor. Specifically, when participating in an industry or multi-stakeholder initiative, elucidate how the initiative, alongside your organization's involvement, aims to mitigate the material impact in question. Additionally, report any relevant targets established by the initiative and the progress made towards achieving them, as per ESRS S1-5.
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Question Id: S1-4_15
In 2024, selected suppliers, based on spend, were screened as part of the risk assessment process. In the supply chain in our Diagnostics business area, all direct upstream suppliers and approximately 80% of all indirect upstream suppliers to our Danish and Polish production sites were screened, based on the 2023 supplier base. In the supply chain in our Hearing Aids business area, 31% of direct upstream suppliers were screened, based on the 2023 supplier base, covering 99% of total direct spend. During 2025, we will implement the risk assessment process globally and align our due diligence efforts according to risk categories.
Report Date: 4Q2024Relevance: 50%