Compliance and Corporate Integrity

Our Code of Conduct

At Autoliv, the Code of Conduct is the foundation for business ethics and integrity. The Code of Conduct supplements sound judgment and assists us in performing our work in an ethical and lawful manner. We publish the Code of Conduct in 19 languages and make it available to all employees, consultants and contractors.

Promoting Ethical Behavior

Autoliv’s Board of Directors, in particular the Risk and Compliance Committee, has the ultimate responsibility for overseeing the Compliance Program. Each member of Autoliv’s business leadership is responsible for ensuring that, within their respective organizations, employees have an understanding of the Code of Conduct and taking the steps necessary to ensure compliance. Each employee is responsible for acquiring a sufficient understanding of the Code of Conduct and related company policies in order to recognize situations which may not comply with the Code of Conduct and related company policies.

Annually, all employees at the managerial level and higher submit Code of Conduct certifications electronically in our compliance system. The certification requires the disclosure of known violations of the Standards of Business Conduct and Ethics. We also require a conflict of interest disclosure to be submitted by targeted individuals and anyone with an actual, potential or apparent conflict of interest.

A critical aspect of our Compliance Program is education. We have implemented eLearning programs in the following areas: Code of Conduct; Non-Retaliation; Competing Fairly; Anti-Corruption and Anti-Bribery; Respect in the Workplace: Diversity, Discrimination and Harassment; Conflicts of Interest; Insider Trading, Data Protection, Information Security and Fraud Awareness.

Speaking up

At Autoliv we have a broad definition of speaking up. For us speaking up covers all discussion that has the intention to support positive change or improvement. Therefore, speaking up covers raising a concern, but also asking a question, sharing knowledge, encouraging inclusion, or proposing a new way of doing things. These are all examples of speaking up and across Autoliv we encourage our colleagues, contractors and business partners to speak up in their teams, with management and to our specialist functions when appropriate.

In addition to the many internal speak up channels, anyone can contact the Autoliv Helpline 24/7. This is a confidential multilingual service operated by a third party. When a concern or problem is reported in good faith (e.g. a potential violation of our Code of Business Ethics or our Supplier Code) we will ensure the reporter is not negatively affected and will never tolerate retaliation for raising such issues.