How we do business is equally important as the business we do. Complying and acting ethically towards society and engaging with the community in various ways is a key priority and a responsibility that is also expected of our business partners and suppliers.
The Autoliv Standards of Business Conduct and Ethics (“Code”) supplements sound judgment. The Code assists us in performing our work in an ethical and lawful manner. Through guidance and practical examples, the Code helps our people to make the best possible decisions, particularly in complex or challenging business situations. Autoliv ensures that all employees adhere to the Code and understand the importance of making ethical choices in their daily work.
Because we value ethical business practices, we do not allow the accepting or offering of any form of bribery. We have defined clear expectations to prevent corruption in our Code and the supporting policy, AS313 Anti-corruption and Anti-bribery. We conduct face-to-face training in this area and have e-learning for targeted employees to ensure that employees fully understand the associated risks and how to prevent corruption.
Autoliv’s Standard of Business Conduct and Ethics is available here for downloading.
We encourage and empower employees to “raise their hands” by reporting concerning behavior or breach of our Code to managers, human resources, legal, compliance or to the Autoliv Helpline, a confidential multilingual whistleblower service operated by a third party. We ensure that no employee will be adversely affected for reporting in good faith or for refusing to carry out a directive believed to constitute fraud or a violation of the Code, laws, or regulations.
Autoliv Helpline is available here.
Suppliers play a key role in managing our global supply chain in a responsible manner. We expect our suppliers to comply with the laws and regulations in the places where they operate and to follow Autoliv’s policies and procedures, including our Standards of Business Conduct and Ethics for Suppliers (“Supplier Code”). The Supplier Code conveys our expectations to uphold our social, ethical, and environmental standards in conducting their businesses, including Human Rights and Working Conditions, Environment, Sustainability, and Business Conduct and Ethics.
We strongly believe in contributing to the well-being of the communities in which we operate. We encourage our business operations to engage and support their local communities. Projects are typically initiated by Autoliv employees who are passionate about their communities and take part in a wide range of volunteering activities.
'It starts with me' has become a guiding principle for ethical behavior in Autoliv. Employees are encouraged not only to adhere to ethical behavior in every situation but to support the Company and speak up if something appears to be violating our code of ethics. This helps Autoliv investigate potential violations before they impact our business. This year, employees raised 192 concerns to either a manager, compliance officer or through the Autoliv Helpline.
Our Supplier Quality organization performs supplier audits annually on a rotating basis. 300 audits were conducted in 2016. These audits ensure that our suppliers are adhering to Autoliv's standrads of excellence, as well as to applicable local laws and regulations, and sets forth a process for working with suppliers that fail to meet our policies and standards.
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