Business ethics & governance Global business ethics A responsible supply chain Demant collaborates with direct and indirect suppliers which match our roadmap in terms of commercial, technical and quality-related requirements. We monitor and address global supply risks, such as sustainability risks, and work across business areas to harvest group synergies. By means of our different business activities, Demant is required to adhere to international conventions to safeguard that our suppliers are ethical, non-corrupt and comply with our standards as well as adhering to number of regulations, such as the FDA, ISO13485 and Medical Device Directives. As a consequence, proper measures must be taken when working with and evaluating suppliers, for instance for suppliers within calibration of equipment and machinery, certification and cer - tain advisory services. Demant’s direct suppliers are mainly linked to manufacturing. To ensure compliance, we require that direct suppliers are signed under the Demant Third Party Compliance Code, which is part of our Compliance and business ethics programme. Variations depending on business area Some of Demant’s business areas deploy varying practices in order to offer world-class, high-quality products and services to our customers and users. In the following, we unfold such variations as well as report on relevant activities of 2021. Demant Group Third Party Compliance Code The code describes international standards and specific criteria which govern aspects of human and labour rights, including forced labour, child labour and young workers; free- dom of association and non-discrimination; health and safety measures; environmental protection and privacy and ethics, including bribery and corruption. Page 1 of 11 Third Party Compliance Code, 888 04 018 Rev. 06 155 Demant ∙ Sustainability Report 2021
Share
Print
Download PDF file
