Fighting and preventing corruption
Corruption is harmful for many reasons. Primarily, it is a considerable obstacle to economic and social development around the world. It holds back sustainable development and often affects poorer communities the most. From a business perspective, corruption undermines fair competition, impedes innovation, raises costs and poses serious legal and reputational consequences.
We are committed to winning business on merit, ability and fairness and acting vigorously to correct any irregularities we encounter. Ericsson strives to be a responsible and relevant driver of positive change within the communities and societies where we operate. As part of this commitment, fighting and preventing corruption are a high priority.
Fighting and preventing corruption requires discipline, persistence and clear strategies. It is hard work, and a fight that needs to be battled on many fronts. Ericsson's approach includes the following areas: