Integrity at the core of our business

At Hydroscand, we believe that long-term success is built on trust. Acting with integrity, being transparent, and taking responsibility are central to our way of working. Our corporate governance model ensures that sustainability and ethics are integrated into daily operations and strategic decisions alike. 

Sustainability governance is led by the CEO and Group Management, supported by a dedicated Sustainability Manager. ESG matters are embedded in our annual business planning and monitored continuously across the organization. During 2025, the work to integrate business strategy and ESG continued, and ESG remained incorporated into the overall annual budget process. 

We are committed to providing transparency regarding targets, progress and actions, and to strengthening long-term governance across the Group.
Illustration of a document

Our Code of Conduct and ethical foundation

Hydroscand’s global Code of Conduct outlines how we do business: responsibly, ethically, and in full alignment with international frameworks such as:
  • UN Global Compact
  • UN Declaration of Human Rights
  • OECD Guidelines
  • Agenda 2030 and the SDGs
The Code applies to all Hydroscand employees, as well as to our suppliers through a separate Supplier Code of Conduct. We offer mandatory training on the Code for all employees, both during onboarding and through annual updates.

Our Supplier Code of Conduct sets expectations on human rights, labour standards, environmental responsibility and anti-corruption, and supports our work on conflict minerals, REACH, RoHS and other relevant regulations across the value chain.

Download Hydroscand Supplier Code of Conduct - PDF 
Illustration of a mail

Anti-corruption and whistleblower protection

Hydroscand maintains a zero-tolerance policy on corruption and bribery. While our exposure to high-risk sectors is limited, we implement strong preventive measures in regions where risks exist. All suppliers must commit to anti-corruption standards through our supplier agreements.

To ensure accountability, we provide a whistleblower system that is open to both internal and external stakeholders. Reports can be submitted anonymously and are handled according to strict confidentiality guidelines.

In 2025, Hydroscand reported 1 whistleblower report and 0 reported corruption incidents.
Hydroscand branch

Information security and compliance

Protecting sensitive information is an essential part of our ethical responsibility. Hydroscand’s cybersecurity awareness program continued during 2025, helping employees identify and respond to cyber threats through simulations and microlearning sessions.
 
Key 2025 outcomes:
  • 43,698 phishing simulations sent 
  • 66% participation in cybersecurity training 
  • 2,759 real phishing attempts reported by employees 
  • 1 information security incident 
  • 1 GDPR incident 
By continuously educating our users, we strengthen our first line of defense and support a secure and resilient digital environment across the Group. In parallel, we continue to align with GDPR requirements and improve our data security infrastructure to protect stakeholder trust.

Towards CSRD and beyond

As part of the EU’s green growth agenda, Hydroscand continues to develop its sustainability reporting in line with the Corporate Sustainability Reporting Directive (CSRD). In 2024, we conducted a Double Materiality Assessment to better understand both our sustainability impact and financial exposure, and this analysis continues to guide our work during 2025. 

This process included:
  • Stakeholder engagement
  • Materiality mapping
  • Strategic alignment with the ESRS framework
  • Gap analysis and action plan for future reporting
During 2025, Hydroscand further strengthened the integration of sustainability into its core business, with increased focus on governance, data quality and value chain collaboration. We see CSRD as an opportunity to enhance transparency, improve decision-making and strengthen long-term governance. 

Explore our other focus areas

Learn more about how we translate strategy into action.

Sourcing with integrity

Responsible Supply Chain

Empowering our people

People and Culture

Tracking our impact

Reporting and Results

Integrity at the core of our business

At Hydroscand, we believe that long-term success is built on trust. Acting with integrity, being transparent, and taking responsibility are central to our way of working. Our corporate governance model ensures that sustainability and ethics are integrated into daily operations and strategic decisions alike. 

Sustainability governance is led by the CEO and Group Management, supported by a dedicated Sustainability Manager. ESG matters are embedded in our annual business planning and monitored continuously across the organization. During 2025, the work to integrate business strategy and ESG continued, and ESG remained incorporated into the overall annual budget process. 

We are committed to providing transparency regarding targets, progress and actions, and to strengthening long-term governance across the Group.

Our Code of Conduct and ethical foundation

Hydroscand’s global Code of Conduct outlines how we do business: responsibly, ethically, and in full alignment with international frameworks such as:
  • UN Global Compact
  • UN Declaration of Human Rights
  • OECD Guidelines
  • Agenda 2030 and the SDGs
The Code applies to all Hydroscand employees, as well as to our suppliers through a separate Supplier Code of Conduct. We offer mandatory training on the Code for all employees, both during onboarding and through annual updates.

Our Supplier Code of Conduct sets expectations on human rights, labour standards, environmental responsibility and anti-corruption, and supports our work on conflict minerals, REACH, RoHS and other relevant regulations across the value chain.

Download Hydroscand Supplier Code of Conduct - PDF
Illustration of a document
Illustration of a mail

Anti-corruption and whistleblower protection

Hydroscand maintains a zero-tolerance policy on corruption and bribery. While our exposure to high-risk sectors is limited, we implement strong preventive measures in regions where risks exist. All suppliers must commit to anti-corruption standards through our supplier agreements.

To ensure accountability, we provide a whistleblower system that is open to both internal and external stakeholders. Reports can be submitted anonymously and are handled according to strict confidentiality guidelines.

In 2025, Hydroscand reported 1 whistleblower report and 0 reported corruption incidents.

Information security and compliance

Protecting sensitive information is an essential part of our ethical responsibility. Hydroscand’s cybersecurity awareness program continued during 2025, helping employees identify and respond to cyber threats through simulations and microlearning sessions.
 
Key 2025 outcomes:
  • 43,698 phishing simulations sent 
  • 66% participation in cybersecurity training 
  • 2,759 real phishing attempts reported by employees 
  • 1 information security incident 
  • 1 GDPR incident 
By continuously educating our users, we strengthen our first line of defense and support a secure and resilient digital environment across the Group. In parallel, we continue to align with GDPR requirements and improve our data security infrastructure to protect stakeholder trust.
Hydroscand branch
Hydroscand HoseExpress van

Towards CSRD and beyond

As part of the EU’s green growth agenda, Hydroscand continues to develop its sustainability reporting in line with the Corporate Sustainability Reporting Directive (CSRD). In 2024, we conducted a Double Materiality Assessment to better understand both our sustainability impact and financial exposure, and this analysis continues to guide our work during 2025. 

This process included:
  • Stakeholder engagement
  • Materiality mapping
  • Strategic alignment with the ESRS framework
  • Gap analysis and action plan for future reporting
During 2025, Hydroscand further strengthened the integration of sustainability into its core business, with increased focus on governance, data quality and value chain collaboration. We see CSRD as an opportunity to enhance transparency, improve decision-making and strengthen long-term governance. 

Explore our other focus areas

Learn more about how we translate strategy into action.

Sourcing with integrity

Responsible Supply Chain

Empowering our people

People and Culture

Tracking our impact

Reporting and Results