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Company Response

21 Mar 2022

Author:
Ericsson

Ericsson response

...Group Security and Group IT have increased monitoring of all communication links to and from Ukraine as well as all computers (servers and clients) in country. Daily monitoring meetings are conducted to summarize status, erect a situational picture and agree on operational activities for the coming period. Group Security also stays close to security functions in other organizations to share and receive information about the situation to increase the overall understanding of the very complex threat landscape...

In order to assess, prevent and mitigate potential misuse of Ericsson’s technology, the Company has integrated human rights due diligence into its sales process through the Sensitive Business Framework. This framework aims to ensure that business opportunities and engagements are conducted in accordance with international human rights standards. The Sensitive Business Framework evaluates sales opportunities from a human rights risk perspective. Risks are identified based on the parameters of the Sensitive Business risk methodology (country, customer, product and purpose). As a result of these due diligence measures, Ericsson decides how to proceed with the opportunity and how to mitigate identified risks. The decision can be to approve, with or without conditions, or to reject the sales engagement. Conditional approvals include technical and contractual mitigations as applicable...

Ericsson conducts screening on all its customers and suppliers in Russia. We use different screening tools when evaluating entities we interact with, and with regard to financial transactions we have a close cooperation with our banks..."

Timeline