CSR Report 2019-2019

2.1. Anti-corruption and bribery 2.2 What is corruption? Corruption is the abuse of trusted power or funds that are exploited for their own or the company’s gain. Corruption has many ”faces”, including bribery, extortion, nepotism or fraud - regardless of form, they are all considered unacceptable. 2.2.1 What is a bribe? Bribery is to offer, give or receive something of va- lue (money or gifts) for that purpose exert undue influence on the recipient’s decision or behaviour. Bribery can be expressed in various forms, but typi- cally involves a ”model” where both parties achieve something. 2.2.2 What is extortion? Blackmail is the fact that one or more people threa- ten someone for the purpose of obtaining an unju- stified gain. 2.2.3What is nepotism? Nepotism is the fact that a person respects and prefers relatives and friends over others, especially when occupying positions. 2.2.4 What is fraud? Fraud is that by misleading someone causing them to act differently than they would otherwise, and thus creates an unjustified financial loss with others and a gain for themselves. 2.3 Guidelines for employees Gifts triggered by campaigns by suppliers It is not acceptable to receive gifts from vendors triggered by campaigns (for example, purchases over DKK 10,000 in a given week that trigger 12 bags of coffee). Employees who are offered this type of gift must contact the nearest manager with infor- mation on this. The company regularly contacts the suppliers that make this kind of offer, with the mes- sage to stop this type of sale going forward. Christmas presents All gifts from suppliers and business partners that are received as Christmas gifts are handed in at the bookkeeping, and are used as prizes in connection with the staff association’s annual Christmas lotte- ry. Money It is not acceptable to receive gifts in the form of cash or vouchers comparable to cash. It is a fundamental principle for Idealcombi A/S to do business without the use of corruption and bribe- ry. In addition to the attitudinal point of view, it is also a legal requirement in Denmark. Corruption is criminal, and criminal acts expose Idealcombi A/S and our employees to the risk of pro- secution, and consequently possible penalties/imprisonment. In addition, it entails a great potential risk of jeopardizing Idealcombi A/S’s reputation and thereby damaging the company. Violation of this policy may have legal consequences.