The ASSA ABLOY Code of Conduct forms the basis for the Group’s actions and behavior and is at core of the sustainability governance. It applies globally to everyone acting on behalf of ASSA ABLOY – including third parties. The Code of Conduct covers areas such as environment, consumer interest and anti-corruption.
The Code of Conduct provides the framework for ASSA ABLOY’s daily operations and is at core of the sustainability governance. The responsibility for implementing the ASSA ABLOY Code of Conduct is delegated to each division, but the overall responsibility for identifying and managing existing and emerging risks is held by the Board of Directors.
The Code of Conduct Compliance Committee overlooks the process of implementing the Code of Conduct. Its responsibilities include receiving information from whistle-blowers and ensuring that such matters are handled in an appropriate way. The committee includes two members of the board, and it is chaired by the Group Senior Vice President of Human Resources.
ASSA ABLOY does not tolerate bribery and corruption. To further emphasize this position, the Group launched its Anti-Corruption Compliance program in 2011.
More about anti-corruption compliance program
Acquisitions are important to ASSA ABLOY’s growth strategy. ASSA ABLOY has successfully expanded through a combination of organic growth and over 200 acquisitions.
Acquisitions and the acquisition process
ASSA ABLOY is a decentralized organization. The responsibility for implementing the Code of Conduct and related policies is delegated to each division.
More about organizational responsibility