and compliance Business practice –

Ethics And Governance

Ovum is committed to high ethical standards and compliance to legislation. We have Code of Business Conduct in place and started the compliance measurement process on legislation for human rights and social responsibility

The community and location: We shall be aware, and we have established good cooperation in the areas we operate and use local opportunities for business if appropriate. We acknowledge our influence on the local environmental and we are respecting human rights principles in all areas.

The performed stakeholder analysis, that will be continuously updated, provides input and confidence in these processes.

Compliance with regulations

Ovum works actively to ensure that our operations respect and are compliant with relevant legislation and standards. We have established systems to handle noncompliances and establish actions accordingly.

2022 audits:

→ 1 audit of external supplier with 2 defined non-conformities and 3 observations. All findings has been handled and closed.

→ 4 audits of Ovum by external third-party with total 17 defined non-conformities. All findings has been handled and closed.

→ There were no environmental non-compliances