Vestas Wind Systems
ESRS disclosure: ESRS G1 \ DR G1-1 \ Paragraph 10 e
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- Does the undertaking have established procedures to investigate business conduct incidents, including those related to corruption and bribery, in a manner that is prompt, independent, and objective, beyond the follow-up procedures for whistleblower reports as per the applicable law transposing Directive (EU) 2019/1937?
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Question Id: G1-1_08
EthicsLine is our whistleblower system and main mechanism for identifying, reporting, and investigating concerns, promptly, independently and objectively as defined in the EthicsLine Policy. It accommodates both internal and external stakeholders. It allows employees and business partners to report suspected violations of Vestas Codes of Conduct, applicable laws, and Vestas policies.
Report Date: 4Q2024Relevance: 80%
- Provide detailed information regarding the undertaking's policy for training within the organisation on business conduct. This should include specifics on the target audience, the frequency of training sessions, and the depth of coverage.
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Question Id: G1-1_10
Our Global and Regional Compliance Programmes serve as our training policy for business conduct and relate to our impact on corruption and bribery (including anti-bribery). Our Global and Regional Compliance Programmes are updated annually. The scope of the programmes is global and regional in nature covering all of Vestas’ own workforce. The target audience is defined through a risk-based approach linked to the global compliance survey and EthicsLine cases. The current functions determined to be most at risk for bribery and corruption are office employees and service technicians due to the nature of their functions. The fundamental training is conducted as part of the onboarding process and based on the survey and EthicsLine cases. Additional training is performed on a yearly basis, covering areas relevant for Vestas.
Report Date: 4Q2024Relevance: 90%