Responsible Challenger in Kazakhstan - Tele2

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Nov 17, 2015 4:53 PM CET

Responsible Challenger in Kazakhstan

November,13, we had about 30 engaged ESG investors and stakeholders joining us for a Round table where we described our new Joint Venture between Tele2 and Kazakhtelecom’s mobile operations; Altel in Kazakhstan. 

An important part of being a responsible challenger is to demonstrate transparency. Hence, when announcing our new Joint Venture with Altel it was obvious that we also needed to create a forum where our ESG stakeholders could raise their questions.

The Roundtable started with presentations by Lars Torstensson, New Growth & Strategy, Niklas Sonkin COO, Marie Baumgarts Director of CR, Caroline Fellenius Omnell, Group General Counsel and Jonas Lindström, Director of Security that explained the new venture and the laws, considerations and decisions underpinning it.

Among other things, the following information where given from a CR perspective:

  • Tele2 will educate all new employees in our way of working and the Code of Conduct (CoC). We will also introduce our Whistle Blower policy.
  • Tele2 will appoint a CR Officer of the Joint Venture that will make annual reports on the sustainability.
  • The UN Guiding Principle on Business and Human Rights, the Government of Sweden’s Action plan for Business and Human rights and the Tele2 CoC have guided us throughout the whole process.
  • We did a thorough due diligence process analysing areas such as Legal, Finance, Ownership and Human Rights before signing the deal.

Tele2 will educate all new employees in our way of working and the Code of Conduct (CoC). We will also introduce our Whistle Blower policy.
Tele2 will appoint a CR Officer of the Joint Venture that will make annual reports on the sustainability.
The UN Guiding Principle on Business and Human Rights, the Government of Sweden’s Action plan for Business and Human rights and the Tele2 CoC have guided us throughout the whole process.
We did a thorough due diligence process analysing areas such as Legal, Finance, Ownership and Human Rights before signing the deal.

After the presentation, we held a Q&A where we let our guests raise their questions. We are of course happy to have such engaged ESG stakeholder and will continuously inform about the progress in Kazakhstan as well as for the whole Tele2 Group.

Want to know more? Please take some time to read our CR Memo on the JV explaining it further here.  

Lars Torstensson, New Growth & Strategy and Niklas Sonkin, COO. 

Marie Baumgarts, Director of Corporate Responsibility

Caroline Fellenius Omnell, Group General Counsel

Jonas Lindström, Director of Security