AVK CSR 2023-24 web - Flipbook - Page 50
GOVERNANCE
Table 3: Management data, resultat
Unit
Water
Industry
Advanced
AVK Group
2023/24
AVK Group Development
Description (2023/24 figures)
2022/23
%
ISO 9001certifications
Number
36
16
7
67
63
6.35
ISO/TS 29001
certifications (Gas)
Number
6
2
1
11
11
0
Supplier
management and
audits
Number
53
72
-27.78
Number of companies with said ISO
certification.
Valid for all AVK companies that
design, manufacture, and supply
products for gas.
Our Code of Conduct applies to all
suppliers, but we audit based on a
risk assessment in risk areas.
* We have a few companies outside the three mentioned business segments – these companies are included in Total AVK Group.
G
Comments to Governance
Accounting policies (G)
Supplier management
In the financial year 2023/24, we performed 53
on-site supplier audits at selected suppliers, a
decrease from 72 audits in 2022/23.
Board of directors
Diversity on the board of directors’ level is
measured as the ratio of women to men among
the elected board members of AVK Holding
A/S, the ultimate parent company not including
employee elected members.
Ongoing supplier audits are conducted on-site
according to a set programme. The frequency
of audits is based on an internal country
and product-based risk assessment. Risk
management is documented and managed in
our internal ISO 9001 documentation.
No major incidents were identified among
the audited AVK suppliers that warranted the
issuance of major non-compliance statements
or other corrective actions.
See Figure 7
Anti-corruption
No confirmed cases of corruption or bribery
have been reported in the Group.
50 | AVK Sustainability report 2023/2024
This is calculated at the end of the financial
year.
Anti-corruption
Anti-corruption is measured by the proportion of
the relevant workforce – typically management,
sales, purchasing, and others with external
contact – who have formally confirmed their
adherence to the policy.
Registrations are made directly by the local
companies, and their share is reported to the
parent company.
Personal data protection
A Group-level Data Ethics Policy is applicable to
all companies within the AVK Group.
Supplier audits
Number
72
53
24
2021/22
2022/23
2023/24
Figure 7
