Company Information
Schréder Ethics Advisory Panel As the leading independent outdoor lighting manufacturer in the world with commercial presence in more than 70 countries on five continents, Schréder is exposed to diverse cultures, opinions, business approaches and local situations. This diversity enriches the world but it can also lead to ethical dilemmas, where the company’s clear stance on values and ethics can be challenged. To address this paradigm, Schréder set up a dedicated working group in 2023, the Schréder Ethics Advisory Panel (SEAP). The purpose of the SEAP is to asssist the Board and Senior Executives with independent assessments of ethical issues that the company may face, to perform proper due diligence, and to ensure that the company’s core values prevail. The SEAP is composed of members from within the Schréder organisation and an external advisor. Employee Awareness and Training on Anti-Corruption and Competition Law Policies The following tables provide a comprehensive overview of Schréder’s efforts in ensuring employee awareness and compliance with our anti- corruption and competition law policies and procedures. Anti-Corruption Policy In December 2023, we updated the anti-corruption policy and launched our e-learning training programme, which features both Basic and Advanced versions. By the end of 2023, 85% of our employees were informed about the revised policy, with 25% actively participating in the corresponding e-learning sessions. Our commitment to this initiative extends into 2024. We will keep engaging our workforce and ensure the
Communication 18 about policy during reporting period
Anti-Corruption 19
Competition Law
EMPLOYEES
EMPLOYEES
EUROPE
1,545
EUROPE
359
AMERICA
113
AMERICA
30
AFRICA
126
AFRICA
15
OCEANIA
127
OCEANIA
106
ASIA
77
ASIA
10
TOTAL
1,988
TOTAL
520
AS % OF TOTAL NUMBER
85%
AS % OF TOTAL NUMBER
22%
Followed training about policy during reporting period
Anti-Corruption
Competition Law
EMPLOYEES
EMPLOYEES
EUROPE
491
EUROPE
243
AMERICA
19
AMERICA
42
AFRICA
34
AFRICA
16
OCEANIA
35
OCEANIA
37
training modules are completed. Competition Law Compliance
ASIA
13
ASIA
24
TOTAL
592
TOTAL
362
While 2023 did not primarily focus on Competition Law, we maintained our commitment to fostering awareness among our employees. A further 520 employees (22%) were informed about the policy, and an additional 362 (15%) voluntarily participated by completing the training sessions 17 .
AS % OF TOTAL NUMBER
25%
AS % OF TOTAL NUMBER
15%
(17) By the end of 2023, a total of 1,460 (62%) of employees had been informed about the policy, and 806 (34%) had completed the training. (18) Communication was defined as the number of users who have registered for training since the policy or training was updated. (19) All the numbers disclosed about the Schréder’s Anti-Corruption policy communication and training were only accounted once the policy was updated in December 2023.
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