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%
- Provide a detailed description of the internal functions involved in managing impacts within your organization. Specify the types of actions these functions undertake to address negative impacts and advance positive impacts. Include information on the process for setting targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities. Indicate whether and how your organization engaged directly with workers in the value chain, their legitimate representatives, or credible proxies with insight into their situation. Additionally, outline the resources allocated to the management of material impacts and evaluate the effectiveness of these actions.
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Question Id: S2-4_18
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%