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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:

Leadership and culture

We work hard to build a global company culture that is deeply committed to ethics and compliance, with zero tolerance for bribery and corruption.

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Risk management

We anticipate and understand where corruption risks may arise and take measures to address them, even if it means forsaking business opportunities.

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Processes and controls​

We set high standards and implement processes and controls to proactively manage bribery and corruption risks.

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Reporting and investigations​

We remain vigilant and encourage our employees and other stakeholders to speak up and report compliance concerns, which we systematically investigate and address.

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Continuous improvements​

We remain attentive and responsive to improvements to our Ethics and Compliance program that Ericsson, our stakeholders, and authorities believe are necessary.

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Building global partnerships​

We engage with global organizations and programs to join forces in our fight against corruption.

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