Demant
ESRS disclosure: ESRS S2 \ DR S2-4 \ Paragraph 35
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- Does the undertaking disclose the measures and strategies implemented to prevent or mitigate material negative impacts on value chain workers caused or contributed to by its own practices? This includes detailing the approaches taken in areas such as procurement, sales, and data use, and addressing any tensions between these preventative or mitigative actions and other business pressures.
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Question Id: S2-4_10
Demant engages with suppliers that operate in countries and industries where there is a risk of negatively impacting workers' rights. This is especially the case in the electronic components manufacturing sector where impacts can be severe, e.g. poor health and safety standards, suboptimal working conditions and unfair labour practices. These negative conditions impact the individual workers and their families and take place in the short term. These impacts may be linked to our operations, products or services through our business relationships.
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. We expect all our direct suppliers to comply with this Code, which is included as an appendix in all new contracts with suppliers.
Report Date: 4Q2024Relevance: 80%