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Integrity at the core of our business
At Hydroscand, we believe that long-term success is built on trust. Acting with integrity, being transparent, and taking responsibility are central to our way of working. Our corporate governance model ensures that sustainability and ethics are integrated into daily operations and strategic decisions alike.
Sustainability governance is led by the CEO and Group Management, supported by a dedicated Sustainability Manager. ESG matters are embedded in our annual business planning and monitored continuously across the organization.
Sustainability governance is led by the CEO and Group Management, supported by a dedicated Sustainability Manager. ESG matters are embedded in our annual business planning and monitored continuously across the organization.
Our Code of Conduct and ethical foundation
Hydroscand’s global Code of Conduct outlines how we do business: responsibly, ethically, and in full alignment with international frameworks such as:
- UN Global Compact
- UN Declaration of Human Rights
- OECD Guidelines
- Agenda 2030 and the SDGs
Anti-corruption and whistleblower protection
Hydroscand maintains a zero-tolerance policy on corruption and bribery. While our exposure to high-risk sectors is limited, we implement strong preventive measures in regions where risks exist. All suppliers must commit to anti-corruption standards through our supplier agreements.
To ensure accountability, we provide a whistleblower system that is open to both internal and external stakeholders. Reports can be submitted anonymously and are handled according to strict confidentiality guidelines.
In 2024, no corruption cases or whistleblower reports were registered.
To ensure accountability, we provide a whistleblower system that is open to both internal and external stakeholders. Reports can be submitted anonymously and are handled according to strict confidentiality guidelines.
In 2024, no corruption cases or whistleblower reports were registered.
Information security and compliance
Protecting sensitive information is an essential part of our ethical responsibility. In 2024, Hydroscand introduced a cybersecurity awareness program across all entities. Employees receive training via simulated attacks and microlearning sessions.
Key 2024 outcomes:
Key 2024 outcomes:
- Over 5,000 phishing simulations sent
- 66% participation in cybersecurity training
- 275 real phishing attempts reported by employees
Towards CSRD and beyond
As part of the EU’s green growth agenda, Hydroscand is preparing for full compliance with the Corporate Sustainability Reporting Directive (CSRD). In 2024, we conducted a Double Materiality Assessment to better understand both our sustainability impact and financial exposure.
This process included:
This process included:
- Stakeholder engagement
- Materiality mapping
- Strategic alignment with the ESRS framework
- Gap analysis and action plan for future reporting
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Integrity at the core of our business
At Hydroscand, we believe that long-term success is built on trust. Acting with integrity, being transparent, and taking responsibility are central to our way of working. Our corporate governance model ensures that sustainability and ethics are integrated into daily operations and strategic decisions alike.
Sustainability governance is led by the CEO and Group Management, supported by a dedicated Sustainability Manager. ESG matters are embedded in our annual business planning and monitored continuously across the organization.
Sustainability governance is led by the CEO and Group Management, supported by a dedicated Sustainability Manager. ESG matters are embedded in our annual business planning and monitored continuously across the organization.
Our Code of Conduct and ethical foundation
Hydroscand’s global Code of Conduct outlines how we do business: responsibly, ethically, and in full alignment with international frameworks such as:
- UN Global Compact
- UN Declaration of Human Rights
- OECD Guidelines
- Agenda 2030 and the SDGs
Anti-corruption and whistleblower protection
Hydroscand maintains a zero-tolerance policy on corruption and bribery. While our exposure to high-risk sectors is limited, we implement strong preventive measures in regions where risks exist. All suppliers must commit to anti-corruption standards through our supplier agreements.
To ensure accountability, we provide a whistleblower system that is open to both internal and external stakeholders. Reports can be submitted anonymously and are handled according to strict confidentiality guidelines.
In 2024, no corruption cases or whistleblower reports were registered.
To ensure accountability, we provide a whistleblower system that is open to both internal and external stakeholders. Reports can be submitted anonymously and are handled according to strict confidentiality guidelines.
In 2024, no corruption cases or whistleblower reports were registered.
Information security and compliance
Protecting sensitive information is an essential part of our ethical responsibility. In 2024, Hydroscand introduced a cybersecurity awareness program across all entities. Employees receive training via simulated attacks and microlearning sessions.
Key 2024 outcomes:
Key 2024 outcomes:
- Over 5,000 phishing simulations sent
- 66% participation in cybersecurity training
- 275 real phishing attempts reported by employees
Towards CSRD and beyond
As part of the EU’s green growth agenda, Hydroscand is preparing for full compliance with the Corporate Sustainability Reporting Directive (CSRD). In 2024, we conducted a Double Materiality Assessment to better understand both our sustainability impact and financial exposure.
This process included:
This process included:
- Stakeholder engagement
- Materiality mapping
- Strategic alignment with the ESRS framework
- Gap analysis and action plan for future reporting