TeliaSonera sustainability update shows progress

The actions taken against corruption and the newly released transparency report were in focus when TeliaSonera presented a sustainability update to a group of owner representatives. Step by step the company has strengthened its framework for Responsible Business, but there is yet a lot to do.

The actions taken against corruption and the newly released transparency report were in focus when TeliaSonera presented a sustainability update to a group of owner representatives. Step by step the company has strengthened its framework for Responsible Business, but there is yet a lot to do.

The Sustainability Update seminar is a recurring event aimed towards the company’s key stakeholders in the investment community, including large shareholders, giving them a forum to follow up on our sustainability efforts at regular intervals. During the seminar in Stockholm, on Monday the 25th of August, results in several different areas, such as freedom of expression, anti-corruption and customer privacy, were presented.

Humble and realistic
– Our efforts to steer our operations in a more responsible direction are showing progress. The challenges are significant and we are working on several fronts at the same time. We must be humble and realistic. There are no quick fixes. We will work with these issues for a long time and we will face many difficulties along the way, says Johan Dennelind, CEO of TeliaSonera.

During the seminar Johan Dennelind along with expert colleagues reported on the advancements since the previous update in November last year. Since then TeliaSonera has adopted a Freedom of Expression policy, reviewed the operations in Eurasia and carried out a face to face anti-corruption training with virtually all employees in Region Eurasia. TeliaSonera’s new Group Executive Management team is committed to do business in a more responsible way.


Strengthened organisation
TeliaSonera has also reorganized and strengthened the company’s ethics and compliance organization. I each country and/or region where TeliaSonera operate there is now a Ethics & Compliance Officers, reporting to CEO or the CFO, training the staff in matters of Responsible Business. A special investigations office is also created, investigating the concerns raised via the whistle blowing hot-line, launched this spring.

– A thorough ethics and compliance organization is a prerequisite for developing our business. We operate in markets with various degrees of civil rights and rule of law. This puts TeliaSonera’s operations and our staff at risk. This challenging environment demand a reflective leadership and value driven organisation, says Michaela Ahlberg, Chief Ethics and Compliance Officer at TeliaSonera.

– We cannot change the world on our own, but we can be one of many forces pushing things in the right direction. Responsible business must be top of mind for every employee and every manager within the company, says Johan Dennelind.



Link to presentation