The policy is divided into four main areas: Human Rights, Labour Rights, Environment and Anti-corruption. Each issue has a specific action plan to ensure continual improvement.
Bang & Olufsen commits to ensuring compliance both within its own organisation as well as for partners and suppliers.
Bang & Olufsen commits to showing the greatest degree of social responsibility towards our employees. We do of course support the abolition of child labour and forced labour, and we condemn discrimination in employment and occupation.
Bang & Olufsen attaches great importance to freedom of association and recognises the right to collective bargaining. We wish to be a tolerant workplace where each employee thrives and has the possibility to develop and create a good work-life balance.
Bang & Olufsen strongly disassociates itself from all kinds of corruption, including extortion and bribery. Bang & Olufsen does not tolerate the acceptance, offering, promising or paying of bribes of any form. Reports of breaches to the policy will be investigated thoroughly and appropriate actions will be taken on the basis of such investigation.
Bang & Olufsen is subject to serious criminal and civil penalties for breaches of applicable anti-corruption laws. Consequently, any Bang & Olufsen personnel and third party associate who breaches the Anti-Corruption policy may be subject to criminal and/or civil penalties, including imprisonment and very substantial fines, which will not be reimbursed by Bang & Olufsen. In addition, any Bang & Olufsen personnel who breaches the policy may be subject to disciplinary action by Bang & Olufsen, up to and including termination of their contract of employment.
ENVIRONMENT AND CLIMATE
Bang & Olufsen has an integrated thinking with regard to the environmental consequences our production and products have on our employees, customers and surroundings. We use the word "environment" broadly to cover the disciplines of work environment, product environment and external environment.
As an environmentally responsible company Bang & Olufsen aims to create sustainable products. The considerations involved in the operation, design, and longevity of our products must be in mutual balance with the environmental impact of production. Bang & Olufsen complies with existing legislation in the countries where we produce and sell our products.
More specifically we aim to focus on the areas where the right balance between effort and impact can be achieved:
- Improve the work environment and the health and safety conditions of our employees
- Prevent work related illnesses and/or injuries
- Improve and prevent negative environmental impact from our production and products including reduction of climate impact.
Approved by the Board of Directors on the 24th June 2016