Icebug Responsible Business Conduct Policy 2023

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Icebug AB Responsible Business Conduct Policy 231214 Icebug’s vision is to be a changemaker for a society where people can thrive, on a planet in balance. As a consequence, the space that we have to conduct our business has an inner boundary of not exploiting people and an outer boundary of not exceeding planetary boundaries. This is the safe space to create value, the value created should also benefit a wider range of stakeholders than just the shareholders. Our by-laws state that Icebug has a purpose that is not restricted to maximizing profit and our owner’s directives clearly states that when there is a conflict of interest between what’s best for Icebug short term and what is best for people and planet long term, society and nature are the prioritized stakeholders. We use five purposes to interpret the vision into everyday work: - Inspiring more sustainable lifestyles - Empowering people to get out more - Scaling climate action - Disrupt the destructive industry - Develop and spread good work, that works on developing people The last three of our purposes has most relevance for this document. This Responsible Business Conduct (RBC) policy sums up what we at Icebug expect from all our staff and representatives, working in the core processes of our daily operations, as well as what we expect from our partners in the value chain, such as sourcing partners, suppliers and their sub-contractors. We also expect our logistic partners, distributors and retailers to follow the same principles of responsible business practices. Icebug acknowledges that cultural and legislative differences between countries will have practical impact on how business is conducted in different places. This RBC policy contains the basic way that Icebug works throughout our value chain. The RBC policy encompasses: “Human rights, including workers and industrial relations, environment, bribery and corruption, disclosure, and consumer interests” (OECD, 2018). The policy is based on international regulations set by:

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The International Labour Organization ILO regulations, http://www.ilo.org/global/standards/land--en/index.htm UN Universal Declaration of Human Rights, http://www.un.org/en/documents/udhr OECD Due Diligence Guidance for responsible supply chains in the Garment and Footwear sector https://mneguidelines.oecd.org/oecd-due-diligence-guidancegarment-footwear.pdf

Icebug Responsible Business Conduct Policy – 8th November 2023


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