Anti-Corruption Compliance program

ASSA ABLOY does not tolerate, and works actively to prevent, corruption in its business. To further emphasize this the Group has implemented specific compliance programs within the areas of Anti-Corruption, antitrust and export control, which supplement and expand on the Code of Conduct in respect of these areas.

Risk assessments, employee training, third-party compliance and reporting are essential components of the Anti-Corruption Compliance Program. Implementation of the program is an ongoing process; the Group provides supporting tools, while each division is responsible for the implementation.

Anti-Corruption Compliance Program

The Anti-Corruption Compliance Program adheres to the strictest international standards with the objective of preventing, detecting and responding to potential corruption. The implementation of the program is reviewed through the Group’s established process for internal control, including self-assessment in all operating companies and internal audit.

The Anti-Corruption Compliance Program is available from the right-hand column.

Compliance training

ASSA ABLOY’s training guidelines stipulate that all new employees should receive training on the relevant compliance programs within three months, and receive further training every three years thereafter. Training is conducted either through e-learnings, webinars or face-to-face. The anti-corruption e-learning is global and available in 22 languages.

The target group for the anti-corruption training includes managers as well as sales, purchasing and sourcing personnel.