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Operating in the healthcare sector gives us opportunities to promote good health and well being, which extend beyond the products we make. By creating strong, mutually beneficial relationships with all our stakeholders, and in particular by caring for the people within our organisation and supply chain, we can expand our positive impact on society.
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To create a positive impact, we build mutually beneficial relationships with employees, customers and the people in our communities.
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In our role as a responsible employer, Mölnlycke’s work to establish a culture of care for our colleagues starts with safety. We achieve our vision of becoming a sustainability leader in our industry with a healthy, safe and engaged workforce which embraces diversity and inclusion.
Safety
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Diversity, equity and inclusion (DE&I)
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We strive to create an inclusive and equitable workplace where we consistently recognize, leverage, and celebrate the power of diversity.
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We expect all of our employees to act with integrity, complying with laws, regulations and industry requirements, considering the impact of their actions and making ethical business decisions. We continuously improve our compliance framework supported by an embedded integrity mindset throughout the organization.
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We set high standards of ethics and responsibility in our business. We continuously improve our compliance framework supported by an embedded integrity mindset throughout the organization.
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Business Ethics
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Building an integrity mindset
Having an integrity mindset means going beyond compliance and considering the impact of our decisions and actions on stakeholders. To build and reinforce the integrity mindset at Mölnlycke we raise employees’ awareness within this area, train them in ethical dilemmas and encourage and empower them to handle the ethical dilemmas they may face in their daily work and interactions.
Our Code of Conduct anchors our commitment to comply with laws and regulations and to be an ethical company in the broader frame of international commitments such as the Sustainable Development Goals (SDGs). The Code of Conduct provides all employees with guidance and is regularly updated.
Third party risk management
Within the medical device industry, interaction with distributors is essential to reach customers across different markets and geographies. These relationships can expose Mölnlycke to ethics and compliance risks, such as bribery and corruption. In order to further reduce this risk and strengthen the reliability of our business relations, Mölnlycke continues enhancing its third party management program with additional guidance and support to ensure that third parties are working in alignment with Mölnlycke’s values.
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An essential part of our vision to revolutionise care for people is promoting and ensuring respect for human and labour rights in all of our stakeholder relationships. When referring to human rights, Mölnlycke takes into consideration internationally recognised human rights as set out by the United Nations (the “UN”), the International Labour Organisation (the “ILO”), the European Union, and applicable national laws. This commitment is formalised through the Human Rights policy and position statement.
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Mölnlycke is committed to uphold human rights and combat modern slavery and human trafficking in all its activities and prohibits forced, compulsory or coerced labour, child labour, forced marriage, debt bondage, servitude, exploitation, trafficking of people, harassment and discrimination. Mölnlycke protects the right to fair working conditions, the freedom of association, the right to collective bargaining and the right to a safe and hygienic workplace. We have zero tolerance for any type of discriminatory behaviour and harassment, human trafficking or any type of forced labour. Clear management procedures are in place in all countries where we operate to ensure that employees are treated fairly, according to ethical standards, and in accordance with applicable regulations. We work in close collaboration with unions and local representatives to continuously ensure safe and respectful workplaces.
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Transparency and governance
We continually monitor our efforts to meet our own standards, as well as the needs and expectations of our customers and stakeholders. We report annually on our progress to the UN Global Compact. All reporting, including disclosure on human rights, connected communities, working conditions, discrimination and harassment in our operations, and modern slavery at the company level, is carried out in accordance with local reporting requirements on non-financial information. In 2023, Mölnlycke established a Human Rights Committee to strengthen the internal focus and expertise on the topics and to address human rights and labour rights issues. Several members from the ELT are members of the Human Rights committee to ensure a substantial accountability on these issues.
Grievances and concerns
Mölnlycke actively promotes a culture where employees are encouraged to voice any concerns they may have on business ethics, compliance, or any breach to the law, including relating to human rights and modern slavery. Employees have access to dedicated channels: using the Ethics Hotline, contacting one of the Compliance Officers, or utilising additional channels in specific locations. The Ethics Hotline provides the option to report anonymously in any preferred language, either through a web-portal or via phone. The Ethics Hotline is also communicated to external stakeholders and business partners who could suspect or experience any misconduct in their relation with Mölnlycke. In addition, any questions on how Mölnlycke works with human rights can be sent to humanrights@molnlycke.com.
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