Svedbergs Group places great emphasis on conducting a responsible business, contributing to the UN Sustainable Development Goals number 3 – Good Health and Well-being, number 5 – Gender Equality, and number 8 – Decent Work and Economic Growth. Svedbergs Group does not accept any form of corruption, bribery, extortion or money laundering and distances itself from any illegal restriction of competition. This stance includes employees, customers, suppliers or individuals working for or on behalf of the Group.
Sustainability goal
No incidence of corruption.
A healthy corporate culture
Svedbergs Group works actively to ensure high business ethics throughout the organisation. The foundation of responsible business and ethical behaviour is a healthy corporate culture. The Group constantly strives to maintain and ensure this culture by means of clearly defined expectations, training, ongoing internal dialogues and structured follow-up processes. The prevention of business ethics risks is based on both external frameworks and internal rules and guidelines. The external frameworks include applicable laws and regulations, for example anti-corruption legislation. Svedbergs Group also complies with the UN Global Compact, the UN Guiding Principles on Business and Human Rights, the International Labour Organization’s core conventions and the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct and the Code to Prevent Corruption in Business (the Swedish Anti-Corruption Institute).
Policies related to business conduct
Employee Code of Conduct. One of the main internal regulations is Svedbergs Group’s Employee Code of Conduct. This Code sets out guidelines for how employees should behave towards each other and when representing the company. The aim of the guidelines is to ensure a safe work environment, equal, fair treatment of all employees and ethical conduct. Four key areas are defined in the Code:
• Promoting a healthy workplace, respecting fundamental labour law principles
• Conducting business based on ethical business practices
• Protecting company assets and personal data
• Supporting local communities and the environment
All employees of the Group have a personal responsibility to read, sign and follow the Code of Conduct. Svedbergs Group’s Group Management is responsible for ensuring compliance with the Code of Conduct.
Supplier Code of Conduct. All suppliers to Svedbergs Group must comply with the principles set out in the Group’s Supplier Code of Conduct. The principles are based on the ETI Base Code and the ten principles of the UN Global Compact. They include working conditions and working hours, discrimination, bribery, environmental considerations and compliance with laws and regulations.
Data privacy. The policy describes Svedbergs Group’s processing of personal data.
Whistleblowing policy. The policy clarifies the possibility for employees and other stakeholders to report irregularities anonymously
and without risk of retaliation.
Management of relationships with suppliers
Svedbergs Group endeavours to ensure control and accountability throughout the supply chain. Social rights, including human rights, and environmental criteria are an integral part of the procurement process. Before a contract is signed with a new supplier, a risk assessment is carried out which, in addition to the ability to deliver as agreed, also covers social and environmental aspects. The Swedish Group companies conduct risk assessments with the support of amfori BSCI, a global business initiative that promotes responsible supply chains. Roper Rhodes works with SEDEX, which has a platform for supplier audits. All brand companies have had access to this platform since 2024.
