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Annual and Sustainability Report 2025

Metrics and targets

Targets related to business conduct (MDR-T)

  • Our 2030 goal is to have all employees sign and comply with the CoC.

This is measured through mandatory CoC training, where employees sign and confirm their compliance upon completion. This is complemented by annual targets for both employees and managers. These targets reinforces the CoCs core objectives—upholding ethical behavior, transparency, and accountability. Annual training ensure progress toward embedding these principles into our culture, strengthening governance and stakeholder trust.

Progress on targets

Chart: Managers and employees that signed and confirmed compliance with our Code of Conduct, %

The levels of signed and confirmed compliance among managers and employees remain high. In 2025, the target for managers was 100% and the result was 100% (100). The target for all employees was 98% in 2025 and the result was 99% (99).

 

Confirmed incidents of corruption or bribery and other violations of Code of Conduct (G1-4)

In 2025, in total 214 (195) complaints were reported through Speak Up. 68 of these cases are still under investigation. Out of the total number, 59 complaints concern labor relations, 26 fraud and corruption, and 64 harassment. No cases during the year were deemed material (i.e. risk of regional or Group impact). There are no confirmed incidents where employees were dismissed or disciplined for corruption. Additionally, during the year, no convictions or fines for violation of anti-corruption and anti-bribery laws have been reported through our Speak Up line. A breach of our Anti-Corruption Policy or law is always considered an incident. 

All Speak Up cases are investigated in accordance with specific procedures. Based on the results of the investigation, the lead investigator will recommend appropriate actions to the business organization, which may include disciplinary action, corrective action, or legal action. If breaches of anti-bribery or anti-corruption requirements are identified, disciplinary actions will always follow. Through the Speak Up platform, categorization, outcomes and implementation of disciplinary actions can be followed up by Group Compliance.  

Speak Up cases

Reported potential violations, number 2025 2024
Fraud and corruption 26 20
Labor relations 59 63
Health & Safety 15 7
Discrimination and Human Rights 5 6
Harassment 64 57
Conflict of interest 21 19
Breach of data privacy 1 1
Security 1 0
Other 22 22
Total 214 195
     
Methodology

The data is based on reported incidents in the Speak Up system. Classification is done by Group Compliance. If there are any material cases which are reported through other channels, these are added manually to the Speak Up system, hence they will be included in the Speak Up data.

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