Pneumatech Accountability

Transparency

In all our communications, both written and spoken, we are committed to being open, truthful and accurate within the limits of commercial confidentiality. We provide reliable and relevant information on our activities in a timely, regular manner. We consider interaction important and therefore have a positive attitude toward constructive dialogue with all of our stakeholders.


Pneumatech has established high reporting standards, where each employee involved in the recording, processing and reporting of information is expected to safeguard its validity and correctness.


Business Integrity


Governance

Pneumatech management is responsible for approving the overall Pneumatech strategy and orgnaization.


Group executive management is responsible for developing and following up on Pneumatech strategies, objectives and policies, including financial, social and environmental performance, under the leadership of the group CEO.


Implementation

The Business Code of Practice summarizes policies common to all entities in our orgnaization. Our behavior is guided by these internal policies, helping us to increase the value of Pneumatech.


These policies, along with other principles, guidelines and instructions are gathered in The Way We Do Things, an internal database accessible to all employees through the group's intranet. It is the responsibility of each employee to be familiar with and adhere to the content of The Way We Do Things. Appropriate training is provided through our Circles program, which is mandatory for all new employees. We inform key stakeholders about our Business Code of Practice.


Based on the policies described in The Way We Do Things, operational units prepare strategies and implementation plans.


Follow-up procedures are established for each policy. Social and environmental performance indicators are reported and followed up on a group level. Risk assessments in relation to our key stakeholders regarding legal, as well as social and environmental performance, are reported at board meetings.


To safeguard the implementation of our policies, internal audits are conducted on site.