Ethics and Compliance

Ensto is committed to upholding ethical behavior and respect for human and labor rights and aims to set an example throughout the industry.

Ensuring Ethics and Compliance Across Our Value Chain

Ensto is committed to upholding ethical behavior and respect for human and labor rights and aims to set an example throughout the industry. Our goal is to further integrate sustainability and ethics into our own operations and across the supply chain. We are taking concrete actions to ensure we deliver industry leading standards of ethical, supplier and material compliance, as well as customer privacy and cybersecurity. Our goals include:

Culture of ethics and sustainability
Sustainable practices throughout our supply chain
Customer safety, privacy and cybersecurity

Ensto's SDGs on ethics and compliance.

Our Targets in Ethics and Compliance

100%

of employees completed e-learning on Employee Code of Conduct

Blue circle with a white handshake icon.

100%

of our main suppliers have committed to our Supplier Code of Conduct by 2025

100%

of office employees completed Sustainability basic e-learning

100%

of employees completed e-learning on Health and Safety Policy

Human Rights Arrow_forward

Ensto is dedicated to upholding human rights and fostering sustainable development throughout all facets of our operations. Our Code of Conduct serves as a guiding framework for the Ensto Group, outlining the expectations for our suppliers. In addition to this foundational policy, Ensto has proudly been a signatory to the United Nations Global Compact (UNGC) since 2013, reinforcing our commitment to ethical and responsible business practices.

Insulation piercing connector SLIW54 in AMKA line.

Sustainable Sourcing Arrow_forward

Ensto has production facilities in six countries, and we purchase materials globally. The value chain of our products is extensive, and it stretches our social and environmental impacts beyond our direct operations. We value human and labor rights, equality, healthy and safe working conditions, and expect our suppliers and partners to respect the same values and policies when engaging in business activities with us.

Our Actions for High Ethical Standards and Compliance

Where we are with our targets by 2023.

Target	2023 results	2025/30 target
100% of our main suppliers have committed to our Supplier Code of Conduct by 2025	97%*	100%
100% of employees completed e-learning on Employee Code of Conduct	75%	100%
100% of employees completed e-learnings on Health and Safety policy completed	73%	100%
100% of employees completed e-learnings on Quality and Environmental policy	72%	100%
100% of office employees completed Sustainability basic e-learning	87%	100%
100% of office employees completed e-learning on Cyber Security	83%	100%

*Ensto Group, excluding newer businesses Arcteq, Protrol and Maviko

Harri Tuononen at an electricity distribution line.

Managing Ethical Compliance

As a family-owned company, Ensto deeply values sustainability and ethical conduct, which are integrated into our core values. We strive to strengthen our competence and improve our business for the greater benefit of society. Ensto has production facilities in several countries and sources materials from numerous main countries globally, while maintaining human and labor rights, healthy working conditions, and a zero-tolerance policy for corruption. We are committed to building sustainability competence within our network and integrating it into our daily operations, as well as fostering sustainability internally and with our partners.

Policies on Ethics and Compliance

Ensto Code of Conduct

Ensto’s Code of Conduct is the key policy and an essential part of our strategy. This Code defines the way we work and sets a framework for responsible ways of conducting business. It provides the ethical standards that help us to make the right choices every day. The Code is also an introduction to our main policies and principles, which include more detailed guidance and information. The Code applies to everyone working for Ensto, and we require all our employees to complete a Code of conduct e-learning course on our Ensto Academy training platform. To ensure 100% participation, the e-learning is a part of our onboarding.

Supplier Code of Conduct

We set strict requirements for our business parters to uphold high standards for responsible business practices. Ensto's Supplier Code of Conduct defines the minimum sustainability and ethics requirements for our suppliers. We expect our suppliers to implement these requirements across their own supply chains, and compliance with our Code is an integral part of our supplier selection criteria. Our group level target is that 100% of our category A suppliers accept our Code through an eProcurement portal, eAcademy training program or by signing Ensto's contract. We monitor the progress of our Suppliers Code of Conduct implementation monthly.

Health, Safety, Quality and Environment Policies

Ensto’s Health and Safety and Quality and Environment policies are reviewed yearly. To ensure effective communication and understanding of the main policies, we arranged mandatory e-learning courses for all Ensto personnel. The e-learning is mandatory for all employees. We also have a mandatory online basic training on sustainability for our office employees.

Audits Play a Significant Role in the Development of Our Supply Chain

We ensure compliance with our Code in risk countries through regular sustainability audits by external experts. These audits, essential for maintaining efficiency and sustainability, focus on improving practices, particularly in key regions like India. Globally, they uphold high standards of quality, transparency, and ethics, strengthening our supply chain, fostering strong supplier relationships, and promoting long-term industry-wide sustainability.