Ratos's governance model establishes clear areas of responsibility and roles for the portfolio companies. Subsidiaries operate with a high degree of autonomy, while adherence to the shared business and sustainability strategy permeates the Group.
Responsible ownership
Ratos works to be a long-term and responsible owner with clear requirements for ethical business conduct throughout the value chain. The Ratos Code of Conduct sets out fundamental principles for business ethics, anti-corruption, human rights, fair working conditions and responsible investment. It emphasises a corporate culture characterised by integrity, accountability and respect, supported by clear governance principles and a whistleblowing function.
Corruption and bribery
Ratos applies a zero-tolerance approach to corruption, including bribery and money laundering. Corruption risks shall be regularly analysed, while relevant action programmes are provided and continuously followed up.
The management teams of Ratos AB and each portfolio company are responsible for regularly analysing risks related to corruption and money laundering, and for ensuring that relevant action programmes are in place and followed up. The President and CEO of Ratos AB and of each portfolio company is responsible for implementation, and the work is reported to the Board of Directors of Ratos AB and to the Board of each respective portfolio company.
Sustainability in ownership governance
Sustainability has for many years been an integrated part of Ratos's ownership governance, through which Ratos sets requirements for active sustainability work and transparent sustainability reporting. In addition to work on reducing climate and environmental impact, material issues include actively working against corruption and bribery, promoting greater gender equality among senior executives, and addressing data and IT security including privacy matters.
Policies and guidelines
The ownership governance is complemented by additional policies and guidelines covering areas such as data protection, information security and the handling of personal data. Through structured ownership governance, clear exclusion criteria and systematic work on risks and regulatory compliance, Ratos creates the conditions for sustainable value creation and long-term returns for shareholders.
Investment criteria
Ratos's investment criteria mean that the company refrains from investing in operations that conflict with international norms or entail unacceptable risks. This includes, among other things, the production of tobacco products, pornography, operations that cause serious environmental damage, and the development, production or sale of weapons prohibited under international conventions. These principles are applied in the investment process and form an integral part of Ratos's ownership governance.
