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Responsible value chain

Identifying human risks means assessing hazards linked to working conditions, labour law and safety standards at every step, from the extraction of raw materials to the delivery of the finished product.

ETHICAL GUIDELINES

We strive to maintain a high ethical standard that is in line with our values. There is a clear policy for ethical guidelines, designed on the basis of our own requirements and what our suppliers must live up to. We care about the people who produce our products. Therefore, we require and monitor that our subcontractors follow Tranemo's commitment to run an ethically sustainable business regarding:

Forced labour: All forms of forced labour are prohibited, including penal labour or slave labour. ILO convention no. 29 and 105.

Discrimination: We do not accept any type of discrimination based on race, caste, ethnicity, social origin, marital status, sexual orientation, disability, religion, nationality, age, gender and/or membership in a trade union or political affiliation. ILO convention no. 100 and 111.

Child labour: We follow internationally recognised agreements regarding human rights and working conditions and do not accept child labour. ILO convention no. 138 and 182. Convention on the Rights of the Child, Article 32.

Freedom of association and collective bargaining: We recognise elected employee representatives and respect the rights of employees to organise and negotiate collectively in accordance with the laws of the countries in which they are employed. ILO convention no. 87 and 98.

Compensation and working hours: We guarantee that work is carried out on the basis of an approved employment relationship established in accordance with applicable laws and practices as well as international labour standards. ILO convention no. 1, 26 and 131.

Safety and health: Workers' safety must be prioritised in all situations. The working environment must meet the requirements of applicable occupational safety laws and regulations.

Business ethics: Good business ethics and compliance with applicable laws and regulations are the foundation of good business practice. We strive to promote a high ethical standard in commercial relationships and therefore actively counteract all forms of corruption and bribery. We prohibit gifts and other gratuities in business contacts that may be regarded as bribes.

Environment: We focus on continuous improvements and sustainable development. As a minimum requirement, our suppliers must always follow applicable environmental laws and regulations.

 

Whistleblowing reporting

Integrity and compliance with laws and regulations is something we place great emphasis on. To detect potential irregularities, Tranemo has a whistleblowing system that enables employees and other stakeholders to safely report serious irregularities and wrongdoing. The whistleblowing system is based on fundamental principles such as protection of the whistleblower and the whistleblower's right to anonymity. Reports received via the whistleblowing system are treated with the utmost confidentiality.

According to national legislation, the whistleblowing process must only be used to report irregularities and misconduct concerning company management and other key individuals.

Number of reports during 2024–2025: 0