Demant
ESRS disclosure: ESRS S2 \ DR S2-1 \ Paragraph 18
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- Does the undertaking's policy concerning value chain workers explicitly address issues of trafficking in human beings, forced or compulsory labour, and child labour? Additionally, does the undertaking maintain a supplier code of conduct?
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Question Id: S2-1_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. 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: 85%
- Does the undertaking's policy concerning value chain workers explicitly address issues such as trafficking in human beings, forced or compulsory labor, and child labor? Additionally, does the undertaking have a supplier code of conduct?
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Question Id: S2-1_06
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: 85%
- Does the undertaking disclose the process for setting targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities, specifically in relation to value chain workers? Furthermore, does the undertaking provide information on whether and how it engages directly with workers in the value chain, their legitimate representatives, or credible proxies with insight into their situation? Additionally, considering material negative impacts affecting value chain workers that may be linked to entities or operations outside the undertaking's direct control, does the undertaking disclose whether and how it seeks to use leverage in its business relationships to manage these impacts? This may involve the use of commercial leverage, such as enforcing contractual requirements or implementing incentives, other forms of leverage within the relationship, such as providing training or capacity-building on workers’ rights, or collaborative leverage with peers or other actors, such as initiatives aimed at responsible recruitment or ensuring workers receive an adequate wage.
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Question Id: S2-4_13
In Demant, we continuously evaluate our actions through our current practices, including our risk management, which is a part of the routine responsibilities of the procurement functions in Demant. We are currently implementing updated supplier risk assessment and due diligence processes. Therefore, we have not yet set targets to manage impact on workers in the value chain. In 2025, we will explore options to do so.
Report Date: 4Q2024Relevance: 50%