12 slides from Telefonaktiebolaget Lm Ericsson Class A's sustainability presentation, Jun 18, 2024
Slide 1: Sustainability and responsible business update
Sustainability and responsible business update Environmental, social and governance June 18, 2024 | 2024-06-18 | Page 1
Slide 2: Welcome
Welcome Lena Häggblom Investor Relations | 2024-06-18 | Page 2
Slide 3: Ericsson's Ethics and Compliance Program update
Ericsson’s Ethics and Compliance Program update Becky Rohr Chief Compliance Officer and Head of Investigations | 2024-06-18 | Page 3
Slide 4: Becky Rohr
Environment Social Governance Becky Rohr Chief Compliance Officer and Head of Investigations • Joined Ericsson in 2022 as Head of Corporate & Government Investigations • Appointed Chief Compliance Officer on March 5 2024, in addition to her role as Head of Investigations • Previously Vice President,
Slide 5: Conclusion of the Monitorship
Environment Social Governance Conclusion of the Monitorship “This is an important milestone in our journey to improve our organization. Over the past four years we have implemented important compliance requirements and processes. Our commitment to integrity is rock solid and we have no tolerance for
Slide 6: Timeline of the Monitorship
Environment Social Governance Timeline of the Monitorship Y1 ONBOARDING & CONSULTATION PERIOD (max 120 days) INITIAL REVIEW (max 180 days) Engagement of Monitor Initial Review (IR) Start of the Initial Review (IR) Initial Review Report (IRR) June 2, 2020 Work Plan (WP 1) Y2 OBSERVATION PERIOD 1 FIRS
Slide 7: The journey towards a best-in-class E&C Program and a culture of integrity
Environment Social Governance The journey towards a best-in-class E&C Program and a culture of integrity Starting point Ongoing Improvements Long term goals • Recruited experienced professionals into the • Resourced and empowered Ethics & compliance organization • Sustainable compliance program and
Slide 8: Our Starting Point Our Current Situation
Our Starting Point Our Current Situation (Underlying themes in the DPA and Monitor Report) (Post Plea Agreement and Monitorship conclusion) The company is on a simplification journey where it has Complex and unclear initiatives, policies, and processes proactively developed compliance policies, proc
Slide 9: Allegation Management and Investigation Statistics
Environment Social Governance Allegation Management and Investigation Statistics 2023 Reported and substantiated compliance concerns Corrective and disciplinary actions taken3 1201 • 1201 compliance concerns reported in 2023 • 125 cases referred for investigation • Cases not investigated are referre
Slide 10: Our strategic priorities are the cornerstones of ensuring a sustainable E&C program
Environment Social Governance Our strategic priorities are the cornerstones of ensuring a sustainable E&C program fit-for-purpose collaboration trusted advisor Continuous improvement and Increase impact and reduce risks Compliance Office employees adaption to changes in both our by acting as One Eri
Slide 11: Q&A
Q&A | 2024-06-18 | Page 11
Slide 12: W
W