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ISPEAK IKEA CODE

ISPEAK IKEA CODE

In FY21, we made minor updates to our Anti-Bribery and Corruption Policy and strengthened our procedures relating to management of incidents.Īnti-bribery and corruption is an important part of our Code of Conduct training for all co-workers. We carry out periodic risk assessments and focus on ensuring effective implementation of our internal controls. Our internal controls cover key areas of risk including conflicts of interest, gifts and entertainment, sanction screening and anti-money laundering. Our Anti-Bribery and Corruption Framework incorporates policies, governance and due diligence designed to mitigate the risk of bribery and corruption, and is underpinned by our values and culture. Our Risk & Compliance Committee provides oversight of our approach, and is chaired by our Chief Financial Officer and Deputy CEO, who is a member of our Management Board. The majority of the concerns related to potential breaches of our human resources policies and were raised by retail co-workers. There were 219 concerns raised via Trust line (FY20: 185). We investigate and respond quickly and carefully, following our investigation procedure to ensure confidentiality, consistency and accountability.

We take every case of potential unethical behaviour and policy breaches very seriously.

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We offer clear guidance on how to manage situations of misconduct, and undertake regular risk assessments, both nationally and within our functions and three businesses (IKEA Retail, Ingka Centres and Ingka Investments). Concerns are evaluated by Trust line managers, and where an investigation is required, this is carried out by a designated manager within our People & Culture or Business Risk & Compliance functions. In the USA, we provide a similar service called iSpeak. It is available in all countries where we are present, except for Austria and the USA. The platform is independently operated by a third party. When this isn’t suitable, concerns should be raised with their line manager, local risk manager or People & Culture representative.Ĭo-workers can anonymously raise a concern through our Trust line. If our co-workers have a concern at work, we encourage them to raise this with the person involved in the first instance, where this is appropriate. We promote an open culture of trust, fairness and honest communication. Suppliers must adopt the IKEA supplier code of conduct – known as IWAY – and ensure their suppliers understand and apply our standards too read more on IWAY. We only work with suppliers and service providers who respect our values, uphold our standards and want to have a positive impact on societies and communities. We place the highest priority on protecting our customers’ data and managing cybersecurity risks read more here. Read more on our anti bribery and corruption framework.Īs the pace of technological change continues to accelerate and digital solutions become more integrated into our lives, we are committed to building an ethical digital culture across the business. We have zero tolerance for bribery or corruption in any form. We fully investigate any breaches of our Code (see below for details).

We provide refresher training for co-workers once every two years. Where to dumpster dive near me.Our Code of Conduct, policies and rules set out our position and requirements for how we do business.Īll new co-workers are required to complete training on our Code of Conduct within a month of joining the company.

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