Getinge 2022 Annual Report slide image

Getinge 2022 Annual Report

Getinge 2022 Annual Report Introduction Strategy Corporate Governance Annual Report Sustainability Report Other information Contents Annually, Getinge conducts corporate-level assessments in varying forms to inform the need for more in-depth assessments. In 2022, the corporate level assessments led to five more in-depth regional-level assessments in Columbia, South Africa, Thailand, Taiwan, and China. Additionally, annual assessments are con- ducted in relation to business engagements with US healthcare professionals. These relationships are evaluated to mitigate risks associated with those engagements. Further, in 2022, as a part of the commitment to Human Rights, a corporate-level pre-study which assessed human rights-related laws potentially relevant to Getinge activities was conducted to initiate ongoing evaluation of the impact of Getinge's business activities on human rights laws. Through risk assessments, Getinge strives to understand and mitigate risks associated with key areas including: interactions with healthcare professionals, sales practices through third parties, business activities, and laws related to anti-corruption. Lessons learned from risk assessments are incorporated in the Ethics & Compliance Program Plan, as well as in global and local trainings and initiatives. More information about risk assess- ment-related activities can be found in the Getinge Ethics and Compliance Report. Disclosure 205-2 Communication and training about anti-corruption policies and procedures Training and communications are essential components of Getinge's Global Ethics & Compliance Program. The Global Ethics & Compliance training program includes targeted training for specific groups at all levels of the company including employees, the Board of Directors, and all members of the Getinge Executive Team. Onboarding All new Getinge employees receive the Code of Conduct and other relevant policies, including the Global Anti-Bribery & Corruption Policy during the new hire onboarding process. Regular Communications During the past year, the Code of Conduct and the Global policies were communicated throughout the organization via various channels of communication, including articles, online Q&A and discussion sessions in global and local intranet pages, newsletters, townhalls and management meetings. Responsible Leadership Program A specialized 26-hours course, titled Responsible Leadership #ItStarts With Me, was deployed in 2022 and aimed to enhance business ethics awareness and decision-making at all levels in Getinge. The program leverages an online platform that includes more than 50 short videos, with some of the world's foremost ex- perts on behavioral science, corporate culture, business ethics, and responsible leadership. Practical case studies and live workshops aimed at discussion and reflection are also a component of the program. By the end of 2022, 351 employees had completed the program with many more signed up and actively engaging. Ethics Ambassadors Program The Ethics Ambassador Program is a network of Getinge employees committed to promoting Responsible Leadership and ethical business conduct. These are employees outside of the Ethics & Compliance department, who have partnered with the department as 'Ethics Ambassadors' on the ground within their regions, departments, and business teams. They are committed to sharing information about the Global Ethics & Compliance Program, Responsible Leadership Program, and company policies and principles. A few also serve as workshop facilitators within the Responsible Leadership Program. Collectively, they serve a key role in supporting the organization in important business ethics, integrity, and compliance matters. The program currently consists of forty-three (43) ambassadors in twenty-two (22) countries, covering all parts of the organization and the whole world. Basic compliance trainings In December 2021, to commemorate International Anti-Corruption Day, a new Global Anti-Bribery & Corruption mandatory e-learning training was deployed to all employees globally. In 2022, 89.8% of active employees completed the e-learning program. In July 2022, an Interactions with Health Care Professionals and Health Care Organizations e-learning was deployed to all employees globally. This training is an interactive, scenario-based training with modules that illustrate the rules for interacting with customers, healthcare professionals, and healthcare organizations. By the end of 2022, 90% of active employees completed the Health Care Compliance e-learning training. Virtual/Face-to-face trainings In 2022, live/virtual trainings were conducted in relation to the Code of Conduct and anti-corruption related policies. Below is a chart reflecting the distribution of the training attendance by region. SAPAC Total Global & MEA Americas Europe All attendees 9,261 579 5,834 2,390 458 Managers 846 109 Employees 8,415 470 573 5,261 114 2,276 50 408 Business Partner Trainings Getinge's Anti-Bribery and Corruption Policy is communicated to business partners during contracting and onboarding processes. Also, these documents are referred to in the contract templates. In Q2 2022, Getinge launched its revised Business Partner Code of Conduct along with a specialized e-learning training module for distributors and agents to communicate the main principles and requirements of the Code. By the end of 2022, 537 distributors and agents had completed the e-learning course. In addition, during 2022, 4,259 agents and distributors received various forms of trainings and communication on Getinge Code of Conduct related topics in SAPAC, MEA and LATAM. For additional information see the Ethics and Compliance Report. Disclosure 205-3 Confirmed incidents of corruption and actions taken a. Total number and nature of confirmed incidents of corruption. 0 b. Total number of confirmed incidents in which employees were dismissed or disciplined for corruption. 0 c. Total number of confirmed incidents when contracts with busi- ness partners were terminated or not renewed due to violations related to corruption. 0 d. Public legal cases regarding corruption brought against the organization or its employees during the reporting period and the outcomes of such cases. O 150
View entire presentation