Act ethically and respect human rights

Act ethically and respect human rights

We continue to build an ethical, trusted company, where everyone impacted by our operations can feel confident that their rights are respected.

Our promise

Electrolux will earn the trust of everyone impacted by our operations, demonstrating our commitment to ethics and human rights through our words and actions.

The roadmap to 2020

  • Develop and implement a cohesive, Group-wide approach to human rights
  • Provide guidance to employees on how to do the right thing by promoting our Code of Conduct and Code of Ethics
  • Be responsive and respectful when dealing with issues of concern, building trust in our Ethics Program among employees
  • Develop and implement an effective global Anti-Corruption compliance program

The case for action

A strong culture of ethics is vital for stakeholder trust and long-term business success. Consumers are increasingly making purchasing choices based on whether a company is perceived as being trustworthy and how it contributes to society. Additionally, employees prefer to work for a company with values that match their own. Corruption also increases the cost of doing business globally by up to 10% on average, according to the World Economic Forum.

Our approach

Our company is built on trust, which means everything we do and all decisions we make are governed by the principles of ethics, integrity, and respect for people and our planet – no matter where in the world we work.

Our Workplace Code of Conduct, Code of Ethics, and Policy on Corruption and Bribery are the foundation for our work with ethics, anti-corruption and human rights. The Code of Conduct constitutes our human rights policy, and guides our efforts to assess, manage and mitigate the risks of non-compliance. It also helps define our expectations throughout the value chain.

Accountability for the Ethics Program and oversight of Human Rights lies with the Ethics & Human Rights Steering Group, which comprises of representatives from Group Management. Human rights procedures engage many functions throughout our organization, from Sustainability Affairs and Human Resources to Purchasing, Industrial Operations and Compliance.

Challenges

  • Bridging different countries, cultures and local practices in a global organization
  • Raising the bar on diversity: Identifying and addressing barriers to greater gender diversity
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