Getinge 2022 Annual Report
Getinge 2022 Annual Report
Introduction
Strategy
Corporate Governance
Annual Report
Sustainability Report
Other information
Contents
and proposals to be decided on by the Getinge Executive Team in
each area. The Board for Getinge AB (publ) has the ultimate
responsibility for the Group's sustainability matters and the area is
addressed by the Board in its entirety. The Board supervises all of
the sustainability focus areas, which are presented to the Board
once a year, or more often as necessary.
Getinge has prepared a Sustainability Report that is separate
from the Annual Report that also includes a GRI index. The Board
has decided to engage the company's auditor to carry out a limited
assurance review of the 2022 Sustainability Report and
has the ambition to reach an even higher level of review in the
future. The auditor's report on its review of the Sustainability
Report and statement on the Statutory Sustainability Report is
presented on page 176.
Governance of environmental and social aspects
At Getinge, the Group's EVP HR & Sustainability and the associated
corporate function are responsible for establishing frameworks
for all employees in order to conduct socially, ethically and
environmentally sound operations throughout the Group's entire
value chain. For the operational aspects, the function coordinates
with the Business Areas and other corporate functions to integrate
the matters into every level of the operations. Getinge has also
established a Sustainability Board at Getinge Executive Team
level, which prepares matters ahead of decisions by the Getinge
Executive Team. The Committee is presented on page 42.
Governance of Ethics & Compliance
A Legal, Compliance & Governance function has been established
at Getinge, led by the EVP Legal, Compliance & Governance, which
handles strategic guidance and support for daily operations. The
ultimate operational responsibility for compliance work is integrated
into daily operations. The function is presented below in the section
Assurance framework, risks and risk management.
Quality assurance
Quality assurance permeates all of Getinge's operations.
A function for Quality Compliance, Regulatory & Medical Affairs has
been established at group level, led by the EVP Quality Compliance,
Regulatory & Medical Affairs. The function develops relevant policies,
processes and structures and ensures that they are implemented
in order to meet regulatory requirements. The function also carries
out regular monitoring and reviewing measures to assess the
design and efficiency of the Group's quality system. The ultimate
operational responsibility for quality work is integrated into the
Business Areas. Quality system audits are also carried out by each
certificate holder in operations to ensure that the quality system
meets the external requirements that apply to Getinge.
Governance of IT and cybersecurity
The EVP Operational Services and the associated corporate
function have the ultimate responsibility for governance of IT and
cybersecurity. The Operational Services function drives synergies
in the IT area in order to ensure compliance and cybersecurity.
The primary operational responsibility and work to ensure that
Getinge's products and customer offerings meet expectations and
external requirements lies with the Business Areas in collaboration
with the corporate and group support functions.
Legal entity governance
Getinge comprises a large number of separate legal entities
throughout the world. Each legal entity within Getinge functions as
part of an operational group, and is organizationally affiliated with
one of the Business Areas, the Global Sales and Service organiza-
tion, the corporate functions or the group support functions.
Corporate governance relating to Getinge's legal entities must be
effective and designed to ensure compliance with applicable local
laws, regulations, other legal requirements and intra-group rules.
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