SustainCase: How Ericsson shows zero tolerance for bribery and corruption

Case study: How Ericsson shows zero tolerance for bribery and corruption


Conducting its business in 180 countries across the globe responsibly and transparently is a key priority for Ericsson. Constantly strengthening and improving anti-corruption and compliance policies and procedures, Ericsson strives to be a trusted partner, committed to showing zero tolerance for bribery and corruption.


Abstract


The commitment to zero tolerance for bribery and corruption, demonstrating integrity and respect for employees and the communities in which it operates, is central to Ericsson’s approach to corporate responsibility. In order to show zero tolerance for bribery and corruption Ericsson took action to:

• ensure top-level commitment

• monitor compliance among business partners

• raise employee awareness of corruption risks

• enable employees and external parties to raise concerns through Ericsson’s whistleblower tool

• comply with the Partnering Against Corruption Initiative’s (PACI) Principles


Using the GRI Standards in order to maintain and increase the value of your company


With each publication in this series the FBRH team will highlight one key impact identified by a company reporting in accordance with the GRI Standards and show how it has taken a structured, systematic approach to improving performance. With such positive action companies build trust, by dealing responsibly and conscientiously with their impact on the environment and on their stakeholders (e.g. clients, suppliers, shareholders, local communities, NGOs or local government). Stakeholders that can hold it back or stop it from reaching its objectives


By building trust your company creates loyalty and long-term commitment to its services and brands


New foreword by the Editor:

Why the GRI Sustainability Reporting Standards are not a box ticking exercise and how 80% of the world's 250 largest companies are using the GRI Standards to gain competitive advantage