Ethics & Integrity

The Group Code of Conduct must be followed by all colleagues every day. It guides our daily decision-making, how we compete, and our interactions with each other, as well as with our customers, suppliers, government officials and other stakeholders.

We have zero tolerance for discrimination or harassment based on any characteristic across all our operations. At Verisure we define discrimination as any unjust or prejudicial treatment of people on the grounds of characteristics like gender, race or ethnicity, age, national origin, religion or belief, sexual orientation, gender identity or expression, marital status or disability and harassment as behaviour directed at an individual or a group which creates an offensive, intimidating, humiliating, or hostile work environment.

Corruption and bribery are also addressed within our Group Code of Conduct and Group Anti-Bribery Policy, both available on our intranet sites for colleagues to read as well as on our website for investor access. As stated in other Policies and Standards, colleagues must also comply with these policy documents. It is our colleagues’ responsibility to speak up in case of any questions, doubts or concerns. Country management teams are responsible for identifying, managing, and mitigating bribery risks relevant to their businesses.

In 2021, we created the Supplier Standards and Ethical Code, which also aligns with the Ten Principles of the UN Global Compact. This document is incorporated in our procurement sourcing tool throughout 2022, its acceptance became a requirement in the qualification phase. We also started monitoring the compliance of our strategic and most relevant suppliers, based on the documentation provided.

To avoid and eradicate any conduct that may put someone’s integrity at risk, it is everyone’s responsibility to speak up if they suspect or witness a violation of our Code of Conduct, policies, standards, or applicable laws. To help colleagues and other stakeholders report events, our Group Speak-Up Framework and Policy explains the types of misconduct that should be reported and how to raise concerns.

Everyone at Verisure handles personal data. It is therefore critical that we all are aware of the principles and rules to follow for such data and comply with them in all we do. This Policy sets the principles and rules we must all follow to protect personal data in our operations and continue earning the trust of our customers, colleagues and business partners.

Fair competition cuts across all areas of our business – when we purchase, when we sell, when we negotiate, and when we have contact with competitors. Violation of competition laws never pays off. This Policy sets the principles and rules to prevent breaches of competition law.

Tax Evasion, and the deliberate and dishonest facilitation of Tax Evasion by another person, are criminal offences. The purpose of this Policy is to prevent the facilitation of Tax Evasion by Third Parties we deal with .