The Board of Directors is ultimately responsible for the company’s sustainability performance. The CEO reports on the progress of the company’s sustainability work at every Board meeting.
In 2020, BioGaia established a Sustainability Committee comprising representatives from across the company, including a Board member and the CEO. This Committee’s work is headed by BioGaia’s Sustainability Manager and the Committee meets four times per year. During 2022, the Committee focused on the overall sustainability strategy, and its stated targets for managing environmental impact with a particular focus on the company’s packaging, products and transportation. Additionally, the Committee focused on the ambitions for this year’s Sustainability Report and how it will be integrated into the annual report. In addition to the meetings in the sustainability committee, management and key individuals in the company have also been involved in updating the company’s materiality assessment. For more information about how the company is governed, refer to the Corporate Governance Report.
Governing documents
BioGaia has an internal Code of Conduct that provides overall guidelines and policies for how the company is to be operated and how sustainability is to be integrated into operations. The company’s policies are reviewed and approved every year by the Board. BioGaia also has several directives that are approved by the CEO and/or Executive Management. It is mandatory for all new employees to review all of the company’s policies and directives as part of their on-boarding. Anti-corruption training also includes that employees confirm that they have read and undertake to comply with the Code of Conduct and policies for anti-corruption and conflicts of interest. All policies and directives are available on BioGaia’s intranet.
BioGaia has the following policies and directives:
- Code of Conduct
- Anti-Corruption Policy
- Conflicts of Interest Policy
- Insider Trading Policy
- Financial Policy
- Work Environment Policy
- Diversity Policy
- Recruitment Directive
- Data Protection Policy
- Data Integrity Directive
- IT Security Directive
- Communication Policy
- Marketing Directive
- Travel Directive
- Supplier Code of Conduct
- Distributor Code of Conduct
