Code of Conduct
Awareness of social and environmental issues has long been an integral part of the Swedish Match corporate culture. Swedish Match believes that motivated employees and a healthy work environment, as well as social and environmental undertakings, are key success factors and provide a solid foundation for long-term growth.
The Swedish Match Code of Conduct, established in 2004, is the foundation for the Company’s position in areas related to Corporate Responsibility. The Swedish Match commitment to social responsibility and environmental issues is supported by the Group’s core values: Communication, Teamwork, Trust, Innovation, Recognition and Growth. These values are the platform for our business ethics and, as such, they are demonstrated in our relations with stakeholders and are a natural part of the way we conduct our business.
During 2008, Swedish Match reviewed and improved the content and form of the Code of Conduct to better meet current standards. This review included an overhaul of the follow-up process. The main changes were the full integration into the Code of Conduct of the tobacco policy and business ethics policy and the areas related to communication.
The Code encompasses five different areas:
- Social responsibility – including human rights, child labor, supplier contracts, and issues specific to tobacco products.
- Workplace practices – including health and safety, recruitment, and remuneration.
- Business ethics – including conflict of interest, honest and ethical conduct; compliance with laws, rules and regulations; fraud response; gifts and loans; and related party transactions.
- Communication – including designated spokespersons, public reporting and communication, and internal reporting on critical information.
- Environment – including the Group environmental management systems.
The Company policies comply with international conventions and guidelines on human rights and labor conditions.
Code of Conduct in PDF
Group Environmental Policy
The Swedish Match environmental vision is to achieve a balance in which the Group consistently achieves its commercial objectives while fulfilling the requirements of shareholders, customers and other stakeholders. The purpose of the Group Environmental Policy is to ensure that Swedish Match commits itself to continual environmental improvement and prevention of pollution in all activities, products and services.
Group Environmental Policy in PDF
Fraud Response Policy
Swedish Match employees are required to maintain a culture of honesty and opposition to fraud and corruption. The Group Policy on Fraud Response reinforces the Group's approach by setting out the ways in which employees can voice their concerns about suspected fraud or corruption. It also outlines how the Group will deal with such complaints.
Fraud Response Policy in PDF