Business ethics accross our value chain
Arjo has an ethical responsibility to employees, customers and business partners, and we strive for high business ethics on all levels. Ensuring compliance is part of our daily work.
An annual evaluation of compliance
Arjo aims to be a credible business partner. Accordingly, we have well-developed processes and procedures to ensure that we are complying with the necessary laws, regulations and policies relevant to our operations.
Our employees play a crucial role in enabling Arjo’s regulatory compliance. Since 2017, our employees receive training in our Code of Conduct, which includes policies and directives for Arjo’s global compliance processes.
Based on a risk assessment, we prioritize the countries and regions where most action is required and where we can have the highest impact. Some sales units in prioritized regions received advanced internal training in business ethics and compliance during 2019.
We conduct annual assessments of the level of compliance with international guidelines for sustainability reporting (ESG). The results are followed up on the basis of various key data, including:
- Training of new employees in the Code of Conduct
- The proportion of employees who have signed the Code of Conduct
- The proportion of business partners who have signed the Code of Conduct
- The number of cases reported in the whistleblower function.
Arjo’s Ethics & Compliance Committee
The Ethics & Compliance Committee sets the strategic direction pertaining to Arjo’s business ethics and regulatory compliance. It acts on the instruction of the Management Team and monitors that Arjo’s operations comply with the ethical guidelines in the global market, and follows-up ongoing internal processes and activities in this area. The committee also has an advisory function and responds to employees’ questions.