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 STAKEHOLDER GROUPS AND ENGAGEMENT 2022 Stakeholder dialogue Having an open dialogue with stakeholders is an essential aspect of Getinge's materiality assessment. Getinge's stakeholder dialogue is a continuous practice in its day-to-day work. As part of the con- tinued assessment of the sustainability work, Getinge conducted interviews with multiple internal and external business partners on their views and priorities in sustainability in regard to Getinge as a company and as a supplier. The main stakeholder groups are: Employees Getinge's employees are a key factor for Getinge to deliver on the company's business strategy. Customers Getinge has close relationships and continuous dialogues with customers. The company actively listens to customer feedback so that it can deliver valuable products and services. Employees Prioritized topics Employees rank social as- pects higher than governance and environment in general. Environmental: • Waste management • No harmful chemicals and materials Energy efficiency • Carbon emissions from our own sites Social: Employee safety and wellbeing Diversity & Anti- discrimination • Human rights Competence development Governance: ⚫ Ethics Anti-corruption Customers Prioritized topics During 2022 Getinge has experienced an increase in ESG-related questions and dialogue with customers. Customers rank, after quality and safety of the products environment as highly im- portant. Environmental: • Product environmental impact: life-cycle assess- ment & EcoDesign No harmful chemicals and materials .Reducing impact from packaging • Carbon emissions • Waste reduction Social: Human rights Safety of products Governance: Product quality & efficiency Responsible sourcing & partner assessment • Good corporate governance Partners Prioritized topics Suppliers rank governance aspects highest focusing on: Environmental: • No harmful chemicals or materials Environmental impact of products . Energy efficiency • Waste management Social: Health & Safety ⚫ Human capital Governance • Product quality ⚫ Business ethics • Anti-corruption ⚫ ESG Reporting Investors and Owners Prioritized topics Beyond the financial per- formance of the company (profitability) and economic efficiency, tangible and intangible assets, investors rank governance-related as- pects highest with focus on: Environmental: • Carbon emissions and reduction roadmap Environmental impact of products In addition, there is increasing focus on •Fact-based quarterly sustainability data . Evolving reporting stan- dards and impacts Social: • Product portfolio health benefits • Access to healthcare. Governance Product quality . Good governance Business ethics Governments and Regulators Prioritized topics Climate change remains a key focus for regulators. . Environmental Climate change and wider sustainability agenda, including carbon reduction, human rights, environ- mental impacts Social . Contribution to national economic, development and public health priorities Governance Support to local communities Ethical business practice Partners Cooperation and dialogues with other experts are necessary to achieve success and to contribute to the society in the best way possible. Investors and Owners Getinge has ongoing dialogues with investors. The company provides actual and fact-based sustainability data and progress reporting. Governments and Regulators Getinge is committed to comply with all applicable regulation in its markets and the geographies where the company operates. The regulatory environment is critical to the success of business. Channels for dialogue Employee materiality survey Meetings, interviews and workshops • Education and trainings • Employee Engagement Survey 2022 .GetNet (internal digital platform) Speak-Up Line Channels for dialogue • Meetings and interviews • Analysis of tender specifi- cations and requirements of purchasing organizations Financial and Non-financial reporting including Getinge Capital Markets Day • Product-related information and customer trainings • Speak-Up Line • Getinge.com Channels for dialogue Survey on responsible business in practice • Meetings and interviews with suppliers and financial stakeholders • ESG rating agencies • Financial and Non-financial reporting including Getinge Capital Markets Day • Communication and training on Supplier Code of Conduct and Business Partner Code of Conduct ⚫ Speak-Up Line Channels for dialogue Meetings, interviews and workshops Financial and Non-financial reporting including Getinge Capital Markets Day Quarterly teleconferences Channels for dialogue Memberships in UN Global Compact and local Swedish Associations • Ongoing dialogues with regulators on certification of products Financial and Non-financial reporting including Getinge Capital Markets Day • Getinge.com 135 • Getinge.com
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