People & culture Diversity, equity and inclusion An embracing culture Rooted in our business, culture and history, we strongly believe in diversity. Demant management holds the overall responsi- bility for ensuring a diverse and embracing culture. Since 2012, Demant has had a diversity policy as well as specific initiatives aimed at ensuring equal terms between genders. Age, gender, education and background of the members of Board of Directors and Executive Board are listed in the Annual Report 2021. We work with a focused approach to diversity, equity and inclusion (DE&I). To guide this work, in 2021 we introduced a new Demant diversity, equity and inclusion position paper, which has steered our work and formed the basis of DE&I policy-making and target-setting in 2022. Most importantly, it has helped us understand existing perceptions of diversity, equity and inclusion and enabled us to better mitigate risks and address potential unconscious biases and sameness thinking. It will also support us in engaging employees who may otherwise refrain from sharing their opinions, new ideas and solutions. We have initially identified targets to be our starting point for working with DE&I. In short, they include: • developing a DE&I baseline check, • educating leaders via DE&I training, • focusing on DE&I in recruitments, • launching new Demant DE&I policy and targets, striving to achieve a relevant gender balancing when it comes to our entire workforce, increasing the number of women in senior management, having 70-80% of teams in Demant live up to a set of diversity principles in regard to composition of the teams. Read more in note 2.2 75 Demant ∙ Sustainability Report 2021
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