The Council on Ethics’ dialogues during 2020

The Council took part in dialogues with more than 363 listed companies. A company dialogue focuses on how companies deal with difficult issues in their operations, including corruption, human rights, labour rights, health & safety, pollution and biodiversity. In this way the Council can contribute to the prevention of problems, violations and accidents in various companies and industries.

The Council took part in dialogues with more than 363 listed companies. A company dialogue focuses on how companies deal with difficult issues in their operations, including corruption, human rights, labour rights, health & safety, pollution and biodiversity. In this way the Council can contribute to the prevention of problems, violations and accidents in various companies and industries.

The Council on Ethics’ registered 423 incidents based on the screening that takes place twice a year. A company can have several incidents, which means that the total number of companies with norm-violating incidents is 363 companies. As can be seen from the map below, almost half of the incidents occur in Asia. Human rights are the area where most norm-violating incidents are registered. The most common industries are industrial and materials.


In 2020, 21 dialogues were concluded as the objectives of the dialogue were achieved. In 2020, the Council on Ethics was directly involved in approximately 30 company dialogues regarding selected reported incidents where violations are judged to be confirmed and well documented.

During the year, the Council on Ethics made a recommendation for exclusion, of China Spacesat Co Ltd due to the company’s link to the production and sale of cluster munitions, thus associated with violation of the Convention on Cluster Munitions. There are 18 companies on the Council on Ethics’ list of recommended exclusions.