Code of conduct
Sanoma Code of Conduct: Acting with integrity
Sanoma has a long history of success built on consumer trust and respected business practices.
To build on that tradition, Sanoma’s ethical and compliance standards are set out in a new Code of Conduct, which replaces our former Principles of Business Conduct.
Code of Conduct
The Code of Conduct has a renewed focus on corporate social responsibility, the value we place on customer relationships and employee well-being.
It is an integral part of the Sanoma Way – the set of shared value statements that guides how we work and take decisions throughout the Sanoma Group.
The Code explains our internal standards and ethical values, as well as our legal obligations, and acts as an umbrella document for other compliance policies, guidelines and manuals within Sanoma. It covers issues such as data privacy, environmental standards, non-discrimination, anti-harassment, insider trading, corruption and bribery, supply chain integrity, financial reporting and controls, safeguarding company assets, avoiding conflicts of interest and ensuring we compete fairly.
As a key element of Sanoma’s compliance program, the Code of Conduct sets out one set of standards for everyone. All employees are required to follow the Code, and our business partners are also expected to follow equivalent standards to the Code.
The Code of Conduct, group policies and operating procedures are intended to prevent and detect improper or illegal activities.
Any employee or business partner who becomes aware of a breach of this Code of Conduct, or any related policy or law, is encouraged to report his/her concerns in confidence through one of Sanoma’s internal or external reporting channels. We do not tolerate any form of retaliation against individuals who make reports in good faith. Guidance for employees on the most appropriate reporting channel can be found in our intranet Sanoma World.
Third parties may also report concerns directly to the Group Compliance Officer or Head of Internal Audit of Sanoma who will carry out appropriate investigation.
Employees and third parties may also use our externally hosted hotline for reports about serious allegations of misconduct concerning accounting, internal accounting controls, auditing, banking or financial crimes (e.g. fraud, theft, money laundering), as well as any suspected incident of bribery and corruption.