G1 - Business conduct
A healthy corporate culture characterized by transparency, integrity and accountability is crucial in order to prevent, detect and react to failure to comply with both laws and our values and policies.
Business conduct policies and corporate culture
NIBE is an international company with many employees and we therefore set great store by our work on anti-corruption and prohibited restraint of trade. Our values and business principles entail zero tolerance of all forms of corruption and apply to all parts of our business, including our business partners. We have two policies related to business conduct and corporate culture, in addition to our values.
Anti-corruption policy
The policy highlights the importance of complying with legislation and adhering to business ethics. It also includes a prohibition on all forms of corruption for own benefit or that of the company. This applies regardless of whether gifts are of monetary value or not.
Whistleblower policy and associated whistleblower function
The policy aims to achieve and maintain an open business climate and high standards of business ethics. It is incumbent on our employees to report suspected or known violations either to the relevant manager or via our whistleblower function.
Policy for business relationships
The policy establishes that sanctions adopted under international law, EU law or national legislation and which apply to specific products, business sectors or named individuals must be followed.
