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G1-4 - Cases of Corruption or Bribery

Updated over 5 months ago

ESRS Standard

22 The company shall provide information on cases of Corruption or Bribery during the reporting period.

(23) The purpose of this disclosure requirement is to provide transparency regarding instances of Corruption or Bribery during the reporting period and the related outcomes.

24. the company shall disclose the following

  • (a) the number of convictions and the amount of fines for violations of Corruption and bribery regulations, (130) and

  • b) any actions taken to address violations of anti-corruption and anti-bribery procedures and standards.(131)

(25) The company may disclose the following:

  • (a) the total number and nature of confirmed incidents of corruption or bribery,

  • (b) the number of confirmed cases in which own employees were dismissed or disciplined for Corruption or Bribery,

  • (c) the number of confirmed cases regarding contracts with business partners that were terminated or not renewed due to violations related to Corruption or Bribery; and

  • d) details of public legal proceedings for Corruption or Bribery initiated against the company and its Own workforce/own workers during the reporting period and the outcomes of these proceedings. This also applies to cases that were initiated in previous years and whose outcome was only determined in the current reporting period.

26 The required disclosures only need to include cases involving Actors in the value chain if the company or its employees are directly involved.


Examples from previous practice

Examples serve only as an indication of how a disclosure requirement has been reported by other companies to date. Audited ESRS reports are not yet available. There is no guarantee of accuracy and completeness.

G1-4 - Incidents of Corruption and Bribery

No violations of the company's Code of Conduct were reported in the reporting year. No incidents relating to human rights, fraud, Corruption, Bribery or violations of antitrust and competition law were identified. In addition, the company did not receive any convictions or fines for violations of anti-corruption or anti-bribery laws and was not the target of any legal proceedings in 2023.

Clear process instructions and guidelines have been formulated to ensure that all employees comply with the standards for combating Corruption and Bribery. These form part of the binding internal regulations, which ensure that all employees act in accordance with the law and regulations. Regular training is also offered to raise awareness of these procedures and promote continuous compliance.

This article has been machine translated. In case of errors, please contact [email protected].

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