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Årsredovisning 2025

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criteria, such as design for durability, repairability, 
disassembly, and recyclability. There is also no applicable 
EU Ecolabel pathway for these products. As a result, we have 
reported our alarm equipment as not aligned. We have also 
assessed our investment in computers and telecom hardware 
by collecting and reviewing information from third parties 
and consider that all invested products currently do not 
fulfil the technical screening criteria and receive sufficient 
evidence to meet the do no significant harm criteria, and the 
minimum safeguards to be able to report the investment as 
Taxonomy-aligned.
• 6.5 Transport by motorbikes, passenger cars, and commercial 
vehicles – as we have electric vehicles within the organisation, 
we have assessed whether this part could be reported as 
aligned. We have collected and reviewed information from 
our leasing partners to assess whether our vehicles meet 
the substantial contribution, do no significant harm, and 
minimum safeguard criteria. However, we have not been 
able to receive enough evidence to fulfil all the criteria to 
be compliant with the regulation, so we have reported these 
as eligible but not taxonomy-aligned.
• 7.7 Acquisition and ownership of buildings – We have 
collected and reviewed information from our leasing partners 
for buildings and branches to assess whether they meet the 
substantial contribution, do no significant harm, and 
minimum safeguard criteria. We have concluded that they do 
not meet all the regulatory criteria, so we have reported these 
as eligible but not aligned.
Verisure will continue to assess internally and together with 
third parties to strive to meet the criteria for alignment in the 
reporting for the future. 
Turnover
Our total turnover includes all revenue reported in the 
consolidated income statement on the line ‘revenue’. The 
Company’s revenue is mainly generated from recurring monthly 
fees in the portfolio segment, which account for approximately 
85% of the Company’s total revenue. The rest comes from 
installation fees in the customer acquisition segment and 
invoiced services. Our activities are not currently Taxonomy-
eligible, as mentioned previously, security activities are not 
included in the taxonomy as of today.
Capital Expenditures (CapEx)
Our total CapEx includes the acquisition of property, plant, and 
equipment. Most of our property, plant, and equipment is 
related to the alarm equipment installed at our customers' 
premises. The remaining part mainly covers IT equipment, 
telecom hardware and furniture. Our investments in intangible 
assets, excluding goodwill, include part of our customer 
portfolio and other intangible assets. The customer portfolio 
includes contract portfolios. Customer acquisition costs, which 
are the incremental costs for obtaining a contract, have been 
excluded from the calculation. Other intangible assets are 
primarily computer software, development costs, and 
trademarks. Additionally, new and extended contracts were 
reported as right-of-use assets for the year. For 2025, CapEx 
also included investments from business combinations. For 
more details on each of the asset types, see note 11 (Leases), 
note 17 (Property, plant, and equipment), note 19 (Customer 
portfolio), and note 20 (Other intangible assets). Details related 
to business combinations can be found both in note 5 (Business 
combinations) as well as on separate lines in note 11, note 17, 
note 19 and note 20 in the Consolidated Financial Statements in 
this report. 
Eligible CapEx covers investments made with suppliers whose 
activities are taxonomy-eligible in the 2025 financial year. In 
2025, we invested in alarm equipment for installation at our 
customers’ premises, computers, other IT equipment, and 
telecom hardware (CE 1.2 Manufacture of electrical and 
electronic equipment). We also signed new and extended 
lease contracts for vehicles (CCM 6.5 Transport by motorbikes, 
passenger cars, and light commercial vehicles) and leased 
buildings (CCM 7.7 Acquisition and ownership of buildings). 
Our installers and salespeople use the majority of our vehicle 
fleet. Our leased buildings include headquarters in each of 
our countries and branches. Otherwise, none of our other 
investments are linked to taxonomy-eligible activities.
We can only assess purchases from suppliers as taxonomy-
aligned if we have verified that the supplier’s activities meet the 
Taxonomy requirements. To confirm that an economic activity 
is taxonomy-aligned, we must aim to make sure that the 
technical screening criteria for substantial contribution and 
doing no significant harm to other environmental objectives are 
met. Moreover, the supplier must have all processes in place to 
support minimum safeguards. This year, we could not verify 
with certainty that our suppliers’ activities met all the criteria, 
so we have therefore reported these investments as eligible but 
not taxonomy-aligned. 
As commented in the E1-1: 
Transition plan for climate change 
mitigation & E1-8: Internal carbon pricing section of the Climate 
Change chapter, we do not need to significantly increase our 
new and prolonged expenditure to achieve our direct emissions 
targets for 2030. Instead, we need to reallocate a larger 
proportion of our new contracts and prolonged contracts of car 
leasing towards zero or low-emission cars. We have already 
started this process, but we must also consider the pace of 
public charging infrastructure deployment to avoid 
operational risk.
Operating Expenditures (OpEx)
Our total OpEx, as defined by the Taxonomy, includes research 
and development, building renovations, short-term and low-
value leases, maintenance and repair, and any other direct 
costs for day-to-day servicing of alarm equipment installed at 
our customers' sites and telecom hardware. These costs cover 
both work we do ourselves and activities we outsource to third 
parties, supporting the continued effective functioning of our 
assets. 
We have identified that the main part of OpEx that is eligible 
but not taxonomy-aligned, which is related to alarm equipment, 
IT and telecom hardware (CE 1.2 Manufacture of electrical and 
electronic equipment). The remaining part is related to leased 
vehicles (CCM 6.5 Transport by motorbikes, passenger cars and 
light commercial vehicles), and leased buildings (CCM 7.7 
Acquisition and ownership of buildings).
Sustainability Statement
Environmental Disclosures continued
196 Verisure plc | Annual Report 2025

===== SIDA 199 =====

Proportion of turnover, CapEx, OpEx from products or services associated with Taxonomy-eligible or Taxonomy aligned 
economic activities – disclosure covering year 2025 (summary KPIs)
Financial year 2025
KPI Total
P
roportion of Taxonomy 
eligible activities 
T
axonomy aligned 
activities
P
roportion of Taxonomy 
aligned activities
B
reakdown by environmental 
objectives of Taxonomy aligned 
activities
P
roportion of enabling 
activities
P
roportion of transitional 
activities
N
ot assessed activities 
considered non-material
T
axonomy aligned 
activities in previous 
financial year (2024)
P
roportion of Taxonomy 
aligned activities in 
previous financial year 
(2024)
C
limate Change 
Mitigation 
C
limate Change 
Adaptation
W
ater 
C
ircular 
Economy
P
ollution 
B
iodiversity 
(
1)  (2)  (3)  (4)  (5)  (6)  (7)  (8)  (9)  (10)  (11)  (12)  (13)  (14)  (15)  (16) 
€m % €m % % % % % % % % % % €m %
Turnover 3,745  0%  -  0%  0%  -  -  0%  -  -  -  -  -  -  - 
CapEx 903  65%  -  0%  0%  -  -  0%  -  -  -  -  -  -  - 
OpEx 190  99%  -  0%  0%  -  -  0%  -  -  -  -  -  -  - 
Proportion of CapEx from products or services associated with Taxonomy-eligible or Taxonomy aligned economic 
activities – disclosure covering year 2025 (activity breakdown)
Reported KPI (CapEx)
Financial year 2025
Economic Activities Code
T
axonomy eligible KPI 
(Proportion of Taxonomy 
eligible activities CapEx)
T
axonomy aligned KPI 
(monetary value of CapEx)
T
axonomy aligned KPI 
(Proportion of Taxonomy 
aligned CapEx)
B
reakdown by environmental objectives 
of Taxonomy aligned activities
E
nabling activity
T
ransitional activity
P
roportion of Taxonomy 
aligned activities in 
Taxonomy eligible
C
limate Change 
Mitigation
C
limate Change 
Adaptation
W
ater
C
ircular Economy
P
ollution 
B
iodiversity 
(
1)  (2)  (3)  (4)  (5)  (6)  (7)  (8)  (9)  (10)  (11)  (12)  (13)  (14) 
% €m % % % % % % %
(E 
where 
applica 
ble)
(T 
where 
applic
able)
%
Transport by motorbikes, 
passenger cars and light 
commercial vehicles
CCM6.5  7% 0  0%  0%  -  -  -  -  -  -  -  0% 
Acquisition and ownership of 
buildings CCM7.7  4% 0  0%  0%  -  -  -  -  -  -  -  0% 
Manufacture of electrical 
and electronic equipment CE1.2  54% 0  0%  -  -  -  0%  -  -  -  -  0% 
Sum of alignment per objective
Total KPI (CapEx)  65% 0  0%  0%  -  -  0%  -  -  -  -  0% 
Strategic Report Corporate Governance Financial Statements Sustainability Statement Additional Information
Verisure plc | Annual Report 2025 197

===== SIDA 200 =====

Proportion of OpEx from products or services associated with Taxonomy-eligible or Taxonomy aligned economic 
activities – disclosure covering year 2025 (activity breakdown)
Reported KPI (OpEx)
Financial year 2025
Economic Activities Code
T
axonomy eligible KPI (Proportion 
of Taxonomy eligible OpEx)
T
axonomy aligned KPI (monetary 
value of OpEx)
T
axonomy aligned KPI (Proportion 
of Taxonomy aligned OpEx)
E
nvironmental objective of Taxonomy aligned 
activities
E
nabling activity
T
ransitional activity
P
roportion of Taxonomy aligned 
in Taxonomy eligible 
C
limate Change Mitigation
C
limate Change Adaptation 
W
ater
C
ircular Economy
P
ollution
B
iodiversity
(
1)  (2)  (3)  (4)  (5)  (6)  (7)  (8)  (9)  (10)  (11)  (12)  (13)  (14) 
% €m % % % % % % %
(E where 
applica 
ble)
(T where 
applicab
le) %
Transport by 
motorbikes, 
passenger cars and 
light commercial 
vehicles
CCM 
6.5  1% 0  0%  0%  -  -  -  -  - - -  0% 
Acquisition and 
ownership of 
buildings
CCM 
7.7  2% 0  0%  0%  -  -  -  -  - - -  0% 
Manufacture of 
electrical and 
electronic 
equipment
CE. 
1.2  95% 0  0%  -  -  -  0%  -  - - -  0% 
Sum of alignment 
per objective
Total KPI (OpEx)  99% 0  0%  0%  -  -  0%  -  -  -  -  0% 
Sustainability Statement
Environmental Disclosures continued
198 Verisure plc | Annual Report 2025

===== SIDA 201 =====

S1
Social Disclosures
Own Workforce
 S1-ESRS 2 SBM-3: How Our Workforce Impacts, Risks, and S1-ESRS 2 SBM-3
Opportunities Shape Verisure’s Strategy
At Verisure, our workforce25 is addressed through four interrelated material topics that, together, enable a holistic approach to 
people and talent management across the Company. These topics – Diversity, Equity, Inclusion & Belonging (DEIB); Employee 
Health, Safety & Well-being; Talent Management and Sustainable Engagement; and Employee Relations – reflect how we support, 
develop, and engage our colleagues, while offering safe, inclusive, and high-performing workplaces aligned with our business 
strategy.
The perspectives of our stakeholders that inform the IROs related to our own workforce are addressed in the section ESRS 2 SBM-2: 
Stakeholder Engagement and Priorities of Our Sustainability Strategy chapter and in the Section 172(1) Statement of the 
Strategic Report. 
The material IROs related to Our Workforce are presented below, structured around these Verisure-specific topics, which 
collectively correspond to the ESRS S1 topic. The legend explaining the type of IRO, value chain location, and time horizon is 
provided in section ESRS 2 SBM-3: Our Material Impacts, Risks and Opportunities.
Diversity, Equity, Inclusion & Belonging
ESRS Verisure 
Material Topic Impacts, Risks, and Opportunities Type of IRO Value Chain 
Location
Time 
Horizon
S1
Diversity, 
Equity, 
Inclusion 
& Belonging 
(DEIB)
Encouraging gender equity and fair compensation through inclusive 
development and merit-based progression, while monitoring talent 
development and evaluation processes to support fair treatment throughout 
the employee lifecycle.
Diversity, 
Equity, 
Inclusion 
& Belonging 
(DEIB)
Promoting a diverse and inclusive workplace fosters innovation, enhances 
problem-solving, and improves brand reputation – opening new market 
opportunities and increasing access to diversity-linked funding. By 
implementing DEIB initiatives, we foster an inclusive culture where colleagues 
feel respected and valued, leading to higher engagement, reduced turnover, 
and stronger team performance. Diverse teams broaden perspectives, fuelling 
innovation and driving sustainable competitive advantage.
Our global DEIB strategy is built on a broad approach that 
recognises Verisure’s role as an employer, a business, and a 
social actor, applying to all our employees. By playing these 
three roles, we believe we can unlock the full value of our 
human capital, strengthen long-term competitive advantage, 
and enhance our positive impact on the communities we serve.
As an employer, fostering an inclusive workplace across the 
employee lifecycle is an integral part of our culture. Our 
objective is to generate merit-based access to opportunities 
while identifying and addressing potential bias within key 
people practices. Discrimination and harassment of any kind 
are strictly prohibited in all our people processes, including 
recruitment, compensation, job assignments, promotions, and 
support. The engagement of our colleagues is essential to the 
successful implementation of this strategy, as building an 
inclusive culture requires shared responsibility and everyday 
commitment across our Company.
Throughout 2025, we reached key milestones, advanced our 
strategy, and made progress on our DEIB KPIs across our 
countries and functions. This roadmap includes programmes 
with a shared purpose and collaborative initiatives that, where 
applicable, enable consistent implementation and monitoring.
Strategic Report Corporate Governance Financial Statements Sustainability Statement Additional Information
V e r i s u r e  p l c   |   A n n u a l  R e p o r t  2 0 2 5 199
25) Unless otherwise stated, references to our workforce refer exclusively to employees and exclude contingent workers.

===== SIDA 202 =====

Verisure evaluates DEIB aspects of its workforce by integrating 
workforce data analysis, conducting employee engagement 
initiatives, and maintaining ongoing communication with local 
management and human resources teams. This includes 
considering characteristics such as gender, age, or disability 
status, among others, as well as local context. Insights gathered 
through employee surveys, Speak Up channels, and DEIB 
engagement mechanisms are used to identify situations 
requiring attention to support the effective decision-making 
process on this topic.
As a business, we achieve excellence by developing high-
performance, diverse teams which foster innovation and 
effectively serve and protect a broader range of market 
segments. By embracing diversity in our teams and leadership, 
we are better equipped to understand the unique needs and 
preferences of various customer groups, which enables us to 
innovate and develop tailored solutions, and expand our reach 
into new and underserved market segments. 
We also work to eliminate systemic bias in our business 
practices and strategies while leveraging the diversity of our 
suppliers and partners as a competitive advantage.
As a social actor, we leverage DEIB to increase our positive 
impact on the communities in which we operate. By investing in 
job opportunities and inclusive employment practices, we are a 
driving force for employment and a positive influence in the 
labour market. Through this approach, we aim to strengthen 
our social contribution and uphold our responsibility to society 
across our footprint.
Information related to the identification and management of 
risks associated with forced or compulsory labour and child 
labour within Verisure’s own workforce is addressed in the S1 
Employee Relations section, which describes the relevant types 
of operations and geographic areas, as well as the measures in 
place to prevent and mitigate such risks.
Our Holistic Approach to DEIB
Verisure as an Employer Verisure as a 
Business
Verisure as a Social 
Actor
Promote diversity, equity 
inclusion and belonging 
across the Company
Promote diversity that 
reflects our customers and 
the communities we serve, 
driving innovation across 
our business.
Enhance social impact by 
better protecting vulnerable 
population and providing job 
opportunities to diverse range 
of candidates in our 
communities.
DIVERSITY
Enable diverse representation across 
career moments, functions, and 
geographies aligned with our 
customers and society.
EQUITY
Apply a merit-based system for 
everyone while addressing 
unconscious bias in key processes.
INCLUSION
Create an inclusive environment that 
fosters a sense of Belonging.
DEIB dimensions
 Recruitment
Retention
Progress, Growth & Recognition
Rewards
Support
Key enablers
Operational enablers
• Systems, processes and tools
• Policies and regulations
• Training and learning
Tracking enablers
• Monitoring
• Governance
Activation and Communication Enablers
• Leadership activation
• Internal and external communication
• Best practice sharing
• Gender
• Age
• Disability status 
• Nationality 
• Sexual 
orientation & 
gender identity
• Socio-economic 
background
• Race & ethnicity
• Religion
• Life stage
Sustainability Statement
Social Disclosures continued
200 Verisure plc | Annual Report 2025

===== SIDA 203 =====

Employee Health, Safety & Well-being
ESRS Verisure 
Material Topic Impacts, Risks, and Opportunities Type of 
IRO
Value Chain 
Location
Time 
Horizon
S1
Employee 
Health, Safety, 
& Well-being
Embedding a safety-first culture through continuous training and 
awareness programmes empowers colleagues to take ownership of risk 
prevention, reinforcing a shared sense of accountability and care.
Employee 
Health, Safety, 
& Well-being
Implementing a well-established company-wide Health & Safety 
Management System – supported by measures such as regular training, 
ergonomic equipment, and smart incident monitoring – enables data-
driven decision-making, reduces workplace accidents and injuries, lowers 
insurance and legal exposure, and strengthens the Company’s value 
proposition.
In 2025, we continued to work globally on the safety of our 
people, focusing on maintaining health and safety standards 
and promoting holistic well-being, encompassing emotional, 
mental, social, physical, and financial aspects. We take the 
safety and health of our colleagues very seriously, promoting 
their holistic well-being as professionals and as individuals.
Our duty of care supports the provision of safe working 
environments, which are governed by local regulations and our 
Code of Conduct, which includes a specific section on Health 
and Safety, raising awareness particularly on road safety and 
the use of Company cars, given the wide scope of our field-
based operations. We never engage in or tolerate any form of 
violence in the workplace.
In addition, all country operations have established local 
Health & Safety management systems aligned with local legal 
requirements. These systems typically provide a framework for 
identifying, monitoring, and managing workplace health and 
safety risks. This contributes to the protection of our workforce 
and the continuous improvement of occupational health and 
safety practices, which are supported by specific training and 
guidelines for teams exposed to specific risks. In addition, in 
several countries, dedicated leaders or Work Environment 
Committees are responsible for implementing awareness 
policies and running campaigns.
Talent Management and Sustainable Engagement
ESRS Verisure 
Material Topic Impacts, Risks, and Opportunities Type of 
IRO
Value Chain 
Location
Time 
Horizon
S1
Talent 
Management 
and 
Sustainable 
Engagement
By regularly analysing employee feedback to understand how they feel 
and think, the Company fosters a culture of trust and continuous 
improvement, enhancing overall well-being and engagement.
Talent 
Management 
and 
Sustainable 
Engagement
The ongoing global shortage of tech talent, combined with rapid 
innovation in digital security and automation, may hinder Verisure’s 
ability to reskill or upskill its workforce quickly enough. This could lead to 
project delays, increased outsourcing costs, and reduced competitiveness, 
ultimately impacting revenue growth and operational efficiency.
At Verisure, Talent Management and Sustainable Engagement 
are fundamental to our human capital strategy. As a Company 
built on the belief that we are people protecting people, we 
recognise that attracting, developing, and retaining a skilled, 
engaged, and purpose-driven workforce is essential to 
delivering long-term value for our customers and stakeholders.
Our approach focuses on fostering a high-performance, 
values-driven culture where colleagues are empowered to 
grow, contribute, and thrive. By integrating structured talent 
processes, continuous learning opportunities, and data-driven 
insights, we support the evolution of our organisational 
capabilities in line with the needs of the business. This helps 
us build a workforce that is equipped to support Verisure’s 
long-term mission and growth.
Verisure’s focus on talent management and engagement also 
helps mitigate key people-related risks. One of the most 
material risks we face is the global shortage of critical skills – 
particularly in technology and digital security – combined with 
strong competition for top talent. Without a robust talent 
strategy, such shortages could slow innovation, delay strategic 
projects, or increase reliance on external providers. To address 
this, we invest in strategic workforce planning and capability 
development: continuously reskilling and upskilling our people 
in emerging areas, strengthening our employer brand, and 
maintaining solid succession plans. This helps us build and 
retain the in-house expertise needed to support our 
technology-driven growth, related to the identified risk. 
Talent Management at Verisure combines our STAR 
performance framework, the annual Talent Review and 
Succession Planning cycle, and multiple avenues for 
professional growth. Together, these processes strengthen 
Strategic Report Corporate Governance Financial Statements Sustainability Statement Additional Information
Verisure plc | Annual Report 2025 201

===== SIDA 204 =====

our leadership pipeline, promote internal mobility, and support 
a culture of meritocracy, fairness, and access to opportunities 
across all countries and functions. 
Sustainable Engagement is also a cornerstone of this strategy. 
Through our annual global survey, we measure engagement, 
organisational enablement, and empowerment, and use the 
insights to drive action plans at the country, functional, 
and team levels. In addition to the annual survey, we run 
regular pulse surveys to gather timely feedback throughout the 
year, enabling us to monitor trends, anticipate needs and 
respond quickly to colleague input. This continuous feedback 
loop enables us to adapt our people practices in real time to 
help maintain their relevance to the needs of our workforce.
Employee relations
ESRS Verisure 
Material Topic Impacts, Risks, and Opportunities Type of 
IRO
Value Chain 
Location
Time 
Horizon
S1
Employee 
Relations
A potential disregard for colleagues’ non-working time and prolonged 
high-stress conditions could lead to fatigue, burnout, and reduced 
attentiveness – undermining performance, increasing turnover, and 
compromising service quality.
Employee 
Relations
Providing wages that are sufficient to meet basic living costs enables 
colleagues to live with dignity, financial stability, and personal autonomy 
– fostering well-being, motivation, and long-term engagement.
Employee 
Relations
Potential insufficient communication with colleagues or ineffective social 
dialogue mechanisms could lead to labour strikes or collective disputes. 
These disruptions can result in service gaps, customer dissatisfaction and 
ultimately, in revenue losses and operational inefficiencies.
We are committed to respecting fundamental human rights 
through the United Nations Global Compact principles and 
agenda, including fair employment conditions internally and 
across our supply chain. We aim to create a culture in which 
our people and stakeholders act responsibly and create value 
where we operate. We uphold high moral, ethical, and legal 
standards, striving to do the right thing at all times. Our 
commitment to integrating respect for human rights into our 
global operations and value chain is robust and aligns with 
the UN Guiding Principles on Business and Human Rights.
We implement this commitment through our Compliance 
programme, which includes our Code of Conduct along with 
several additional policies and standards.
Our Code of Conduct applies to our entire organisation, 
including our directors, managers, and other colleagues, as 
well as subcontractors and other collaborators. Everyone in the 
organisation is expected to understand and comply with our 
Code of Conduct. Our Code of Conduct sets the standards for 
everything we do and provides specific guidance on: 
• The global standard we must follow in our daily work, guiding 
us in our day-to-day decision-making. 
• Our responsibility in how we act, how we manage and how 
we respect Human Rights and Labour Standards at all times 
in our Company and through our value chain.
• Our interactions with colleagues, customers, suppliers, 
partners, government officials, and other stakeholders, 
including our competitors. 
Our Code of Conduct includes a specific section, reinforcing our 
commitment to Human Rights and Labour Standards within our 
Company and throughout our value chain, clearly stating our 
opposition to any form of modern slavery, forced labour, child 
labour, or human trafficking. For further details, please refer to 
the Verisure Code of Conduct subsection in the G1-1: 
Business 
Conduct Policies and Corporate Culture section of the G1 Ethics 
& Integrity chapter.
To complement our Code of Conduct and focus on raising 
awareness and monitoring this matter with other stakeholders 
within our value chain, our ESG supplier assessments and both 
online and on-site audits of compliance with our Supplier 
Standards and Ethical Code have not revealed any material 
employment risks within our supply chain, including instances 
of child or forced labour. For more information on this topic, 
please refer to section S2-4:
 How We Address Labour Risks and 
Opportunities in Our Supply Chain.
Our Code of Conduct is also complemented by a global Anti-
Harassment and Non-Discrimination Policy that reaffirms the 
Company’s zero-tolerance for any form of discrimination or 
harassment. Our Verisure Anti-Harassment and Non-
Discrimination Policy clearly defines both harassment and 
discrimination, provides guidance on the various forms they 
can take, and outlines how to behave if you are a victim or 
witness to such behaviour. This aims to raise awareness 
and help train our colleagues to identify such behaviour. 
Furthermore, Verisure provides various channels for colleagues 
and stakeholders to report any form of harassment or 
discrimination they have experienced or witnessed, either 
anonymously or personally. Our Compliance Programme team 
is responsible for tracking details of all discrimination and 
harassment complaints received through various channels, 
including line management, HR, Legal, senior management, 
and a dedicated Speak Up platform.
In addition, we are committed to maintaining a healthy 
compensation strategy for all our colleagues. Our approach to 
remuneration is comprehensive, incorporating both fixed and 
variable cash components, benefits, and long-term incentive 
plans. We also prioritise flexibility in our compensation 
measures and investment in training opportunities. 
Sustainability Statement
Social Disclosures continued
202 Verisure plc | Annual Report 2025

===== SIDA 205 =====

Our remuneration framework is deliberately structured to 
reward performance, with a clear emphasis on long-term 
value creation over short-term cash outcomes. Reflecting this 
philosophy, a greater proportion of total compensation is 
delivered through long-term incentives, in which more than 500 
colleagues across our Company participate. This broad-based 
equity participation reinforces an entrepreneurial ownership 
mindset, and directly links rewards to sustained strategic 
progress and shareholder value generation. By weighting 
remuneration towards long-term performance, we maintain 
strong alignment between our leadership, our long-term 
strategy, and the interests of our shareholders.
Our action plan is based on the following principles:
• Legal compliance - We adhere to local legal requirements in 
employee relations matters, including remuneration, which 
is increased for colleagues who demonstrate strong 
performance.
• Consistency across countries and businesses - In our pursuit 
of equality, we strive to develop and maintain coherent 
compensation practices, policies, processes, systems, and 
timelines across the 18 countries in which we operate and 
within our functions.
• Monitor market competitiveness - We carefully monitor 
external and internal indicators of competitiveness to inform 
our salary decisions. At least once a year, we compare these 
indicators to market benchmarks, which are regularly 
updated from leading worldwide compensation data 
providers. We also leverage market intelligence from our 
high-volume recruitment efforts as we continue to grow. We 
review pay equity among peers, taking into account time in a 
position, alongside performance and talent assessments.
• Pay for performance - As a results-driven organisation with 
high standards for achievement, our cash compensation 
decisions are guided by an objective merit matrix that 
considers both annual performance and comparative 
positioning. We believe our colleagues should share in the 
benefits of the results they contribute to, which is why we 
place significant emphasis on compensation components 
tied to both Company and individual performance, 
especially for leadership positions.
To engage regularly with our colleagues and enhance our 
performance, we actively seek qualitative and quantitative 
feedback through various channels. One key method is our 
Sustainable Engagement survey, which informs our decision-
making by helping us manage current and potential impacts 
and gain insights into risks and opportunities. We also have 
direct engagement methods, such as our STAR Performance 
Management Process. This process includes three key moments 
for gathering input: assessing the past year, establishing 
priorities for the upcoming year, and discussing opportunities 
for individual growth. Further information is disclosed in S1-13
: 
Training and Skills Development. These engagement points are 
also completed through engagement with the work council, 
employee representatives, and the forum, wherever they are 
in place.
 Policies Related to Our Workforce
S1-1
We aim to create a culture in which our people and 
stakeholders act responsibly and deliver value where we 
operate. We implement this commitment through our 
Compliance programme, which includes our Code of Conduct 
along with several Company policies and standards. 
Our Code of Conduct sets the standards for everything we do. 
It provides guidance on our day-to-day decision-making, how 
we compete, and how we interact with colleagues, customers, 
suppliers, partners, government officials, and other 
stakeholders. It applies to everyone in our organisation, 
including all colleagues - regardless of role, function or 
geography - as well as contractors and collaborators. 
Compliance is mandatory for all.
To facilitate effective implementation, the Code of Conduct is 
embedded into specific policies and standards and supported 
by training and awareness initiatives, enabling its full 
integration across our Company.
Our Code of Conduct emphasises our adherence to the 
principles set out in the United Nations Global Compact 
(UNGC), the OECD (Organisation for Economic Co-operation 
and Development) Guidelines for Multinational Enterprises, 
and the International Labour Organisation (ILO) conventions 
and guidance. We recognise human rights as fundamental 
standards and are committed to upholding them within our 
Company and promoting their respect across our supply chain. 
This includes a strong stance against modern slavery, human 
trafficking, forced or child labour, discrimination, and 
harassment, as well as the protection of freedom of 
association and the right to collective bargaining.
In terms of child or forced labour risks within our workforce, 
Verisure operates in 18 countries across Europe and Latin 
America. Our primary operations involve field sales personnel 
and field installers/maintenance staff who work directly with 
customers to sell our services and install or repair our devices. 
We also have office-based employees. All of our staff, including 
both employees and non-employees, are above the age of 18, 
except for trainees and apprentices in certain countries 
participating in legally regulated internship or apprenticeship 
programmes. Due to the type of work and the countries we 
operate in, there is no significant risk of child or forced labour 
among our workforce in any of our countries or operations. 
In 2025, we further updated our Code of Conduct to reinforce 
our commitment to protecting our Company, our people, and 
our values, and to support complete alignment with the 
Verisure Compliance Control Framework. This update included 
an enhanced focus on preventing and addressing fraud, 
identifying and managing conflicts of interest, protecting 
confidential and inside information, and safeguarding our 
Company’s image and reputation. This latest version of our 
Code of Conduct also reflects the integration and alignment 
of key Verisure policies that underpin our approach to people 
management, including the Verisure Diversity, Equity, Inclusion, 
& Belonging Policy. This policy reinforces our commitment to 
non-discrimination, the protection of human rights, and the 
Strategic Report Corporate Governance Financial Statements Sustainability Statement Additional Information
Verisure plc | Annual Report 2025 203

===== SIDA 206 =====

safeguarding of vulnerable groups. It sets out the principles 
that guide diversity-conscious practices and foster a respectful, 
equitable, and inclusive culture of belonging. These efforts 
cover different DEIB dimensions such as gender, age, disability, 
nationality, sexual orientation and gender identity, socio-
economic background, race and ethnicity, religion, and life 
stage. A key focus of this update was integrating and aligning 
these new Company policies, including:
• The Diversity, Equity, Inclusion & Belonging Policy, which 
establishes principles that promote a diversity-conscious 
and inclusive experience, essential for our engagement with 
internal and external stakeholders. Scope: all employees.
• The Corporate Social Responsibility Policy, which 
communicates our commitment to the communities across 
our footprint and guides the implementation of cohesive CSR 
actions across all our geographies and functions. Scope: all 
employees.
• The Artificial Intelligence (AI) Policy, which promotes a 
trustworthy, ethical, and legally compliant use of AI 
technology in accordance with our Company’s values and 
objectives. Scope: all employees, contingent workers, and 
other stakeholders.
• The Share Dealing Policy, which sets out the restrictions 
that apply to trading in Securities. Scope: all employees.
• The Social Media Policy, which sets out the principles and 
rules for using social media to minimise risks to our business, 
brand, and reputation. Scope: all employees.
• The Information Policy, which explains how information 
within the Company should be assessed, disclosed, or 
protected in line with applicable regulations. Scope: all 
employees.
The Code of Conduct is complemented by a set of key Company 
policies and standards that further support our commitments 
to our workforce, including, among others:
• Verisure Anti-Harassment and Non-Discrimination Policy, 
which demonstrates that we have zero-tolerance for 
discrimination or harassment based on any characteristic 
across all our operations. Scope: all employees and any 
company or affiliated entity of Verisure at any given time.
• Verisure Speak Up Policy, which explains the types of 
misconduct that should be reported and how to raise 
concerns. Scope: all employees, contingent workers, 
shareholders, former employees, and prospective employees 
who have started the recruitment process or negotiations to 
join a legal entity in the Company.
Further information about Compliance governance can be 
found in the G1-1:
 Business Conduct Policies and Corporate 
Culture section of the G1 Ethics & Integrity chapter.
 Processes for Engaging Employees S1-2
and Representatives on Workforce 
Impacts, Risks, and Opportunities
We have established processes to engage with our own workers 
and, where applicable, workers’ representatives on matters 
related to actual and potential impacts, enabling regular 
dialogue, feedback, and consultation through a range of 
channels across our Company. Verisure provides various 
channels for colleagues and stakeholders to report concerns 
about inappropriate workplace conduct. These channels 
include line management, HR, Legal, senior management, 
our dedicated Speak Up platform, and the annual 
Sustainable Engagement Survey.
These engagement processes help us identify, validate, and 
prioritise actual and potential impacts by enabling timely 
insights from colleagues, detecting issues, and informing 
management responses.
In addition, where applicable, Verisure engages with colleagues 
through established employee representative bodies, including 
Trade Union Representatives, Works Councils, and Employee 
Delegates, as part of our ongoing social dialogue. This is further 
detailed in the section on S1-8:
 Collective Bargaining Coverage 
and Social Dialogue.
In several countries, Work Environment Committees or Workers’ 
Safety Representatives are in place. These committees or 
representative bodies are generally responsible for occupational 
health and safety matters and serve as a formal channel of 
communication between colleagues and management. They 
operate in accordance with local regulations and, as required 
by local law, are consulted on topics such as risk assessments, 
preventive measures, and work-related accidents. Depending 
on the country, these committees or representatives may be 
elected by colleagues or trade unions.
Verisure engages its own workforce on Diversity, Equity, 
Inclusion, & Belonging through structured governance and 
dialogue mechanisms. These include the DEIB Committee, 
which oversees its roadmap and validates key actions. The 
Committee also holds country dialogues with local teams; 
the Ambassadors Network; and Affinity Groups that foster 
collaboration, employee input, and help identify emerging 
needs. Verisure gains insight into the perspectives of potential 
vulnerable groups within its workforce through these targeted 
DEIB engagement mechanisms. It also analyses disaggregated 
results from employee engagement surveys.
In relation to Talent Management, our Sustainable Engagement 
survey is our primary gauge of organisational health and a 
core mechanism for engaging with colleagues. The survey is 
designed to help us understand how engaged, energised, and 
enabled our people are, and to measure the evolution of these 
results over time.
Sustainability Statement
Social Disclosures continued
204 Verisure plc | Annual Report 2025

===== SIDA 207 =====

This survey is held in the last quarter of each year. Following 
the survey, we obtain results for the Sustainable Engagement 
index and its drivers using different segmentations. Based on 
these results, we produce and share country reports, analyses, 
and implement action plans to continue enhancing our 
colleagues' engagement year after year.
The participation rate in our 2025 survey was >90%, consistently 
exceeding our 85% target. In terms of results, the overall 
Sustainable Engagement score reached >85%, exceeding the 
target threshold of >80%. Our colleagues’ satisfaction with our 
DEIB efforts is reflected in their responses to the Sustainable 
Engagement survey, particularly their responses to the question 
about diversity and inclusion support in the workplace. In 2025, 
the Diversity category became the highest-performing category 
in the Sustainable Engagement survey.
12 countries improved their scores compared to last year and 
12 out of 17 participating countries are above country norms26 
including our largest geographies: Spain, France, and Brazil. As 
in previous years, the key drivers for Sustainable Engagement 
in our organisation for 2025 were leadership, company strategy, 
working environment, and professional growth and 
development.
Feedback gathered through Verisure engagement mechanisms 
is systematically analysed and integrated into management 
decision-making and action planning at both global and local 
levels. Insights from employee surveys, dialogue forums, and 
representative bodies inform the prioritisation of initiatives, the 
design of targeted action plans, and the monitoring of progress 
over time. This structured feedback loop embeds employee 
perspectives into policies, practices, and ongoing improvement 
initiatives across our Company.
• Functions: The overall score aligns with our key customer-
facing functions (Sales and Operations), accounting for 66% 
of total Sustainable Engagement Survey responses, where 
employee engagement directly drives customer satisfaction.
• Employee Net Promoter Score (eNPS): We have observed a 
positive trend across all items, notably:
• eNPS for Product and Services: 7 p.p. increase from last year.
• eNPS as Employer: 7 p.p. increase since last year.
• These positive trends are consistent across most countries.
We continue to launch regular pulse checks in all our countries. 
This allows us to capture our colleagues' feedback, monitor it 
regularly, and provide real-time insights from their responses 
so we can act on their needs. 
Human Resources Directors (HRD) and Country Managers are 
responsible for driving effective engagement under the 
leadership of our Chief Human Resources, Communications, 
and ESG Officer and our Management Team.
>90% >85%
PARTICIPATION RATE IN 
2025
SUSTAINABLE ENGAGEMENT 
SURVEY OVERALL SCORE IN 
2025
 Processes to Address Workforce 
S1-3
Impacts and Channels for Raising 
Concerns
Working time has been identified as a key topic through our 
DMA, informed by employee engagement surveys and country-
level dialogue. It is managed in line with applicable legislation 
and initiatives that promote employee well-being and, where 
possible, flexibility. Particular attention is given to roles with 
defined working patterns, such as night shifts and field sales, 
recognising that sustained high workloads or insufficient 
respect for non-working time may increase fatigue and impact 
well-being.
To address this, Verisure has implemented processes to 
support healthy working conditions, promote work-life balance, 
and enable timely identification of concerns. Colleagues can 
raise issues through multiple channels outlined in the Verisure 
Speak Up Policy, including managers, HR, Legal/Compliance, 
employee representatives, and the Speak Up platform. The 
platform is globally available 24/7, allows users to report 
anonymously if they want to, and is also accessible to external 
stakeholders. Substantiated cases are monitored through 
Quarterly Compliance Reporting to identify risks and define 
appropriate actions.
The following sections outline actions, metrics, and targets 
across four material workforce topics: Diversity, Equity, 
Inclusion, & Belonging; Employee Relations; Employee Health, 
Safety & Well-being; and Talent Management and Sustainable 
Engagement. Where ESRS S1 disclosures apply to multiple 
topics, they are reported once in the most relevant section, 
except for S1-8 and S1-11, which are addressed from 
complementary perspectives to guarantee full ESRS 
compliance without unnecessary duplication.
For further information related to the Speak Up channel and 
procedures, please refer to the Speak Up Framework and Policy
 
section. In relation to actions taken to provide remedy to 
potential negative impacts, please refer to section S1-15:
 Work-
Life Balance Metrics and G1-1: Business Conduct Policies and 
Corporate Culture.
Strategic Report Corporate Governance Financial Statements Sustainability Statement Additional Information
Verisure plc | Annual Report 2025 205
26) Country Norm reflects the average scores of all organisations within a specific country that participate in the provider’s annual survey benchmark database.

===== SIDA 208 =====

Diversity, Equity, Inclusion & Belonging (DEIB)
 Actions on Material Workforce S1-4
Impacts and Approaches to Risk 
Mitigation and Opportunity Realisation
Embedding diversity, equity, inclusion, and belonging across 
the entire employee lifecycle is essential to shaping our culture, 
strengthening engagement, and enabling long-term 
performance. From the outset, we apply fair, equitable, and 
merit-based recruitment processes, supported by measures to 
identify and mitigate potential bias or discrimination. Our focus 
extends from retention to career growth, promoting access to 
opportunities for career advancement, and working to close the 
gender pay gap.
Verisure’s DEIB initiatives are developed with guidance from 
local teams and/or the global DEIB team to support alignment 
with the DEIB Strategic Framework and help make a positive 
impact. In addition, the Verisure Diversity, Equity, Inclusion & 
Belonging Committee acts as the governing body responsible 
for monitoring the progress and impact of DEIB initiatives.
The management of DEIB-related material impacts is supported 
by a dedicated global DEIB team, complemented by locally 
allocated resources in each country. These teams work in close 
collaboration with cross-functional people-related functions, 
including HR and other relevant corporate areas, to facilitate 
consistent implementation and effective management.
Recruitment
In 2025, we strengthened our commitment to diversity and 
inclusion by focusing on the first stage of the employee 
experience: attracting and recruiting talent.
• Inclusive Job Postings: We reviewed job descriptions across 
the Company and provided guidance to support the use of 
inclusive, accessible language and requirements. We also 
incorporated a DEIB statement reaffirming Verisure’s 
commitment to creating a workplace where people of all 
backgrounds, identities, and experiences feel valued and 
welcome.
• Visibility of Women Role Models: Across our markets, we 
implemented targeted employer branding strategies to 
elevate the visibility of diverse role models – particularly 
women. These initiatives helped position Verisure as an 
inclusive employer, especially in roles where representation 
has historically been lower, such as sales.
• ‘The Voice’: In Spain, a dedicated recruitment event was held 
to implement blind recruitment for telesales roles. This new 
edition involved more than 300 participants, in which 
candidates were assessed exclusively on voice performance 
to help eliminate unconscious bias.
• In 2025, we launched the Hiring with Excellence (HwE) 
e-learning initiative to strengthen our recruitment practices 
and consistently deliver a great candidate experience when 
hiring top talent. Additionally, some countries delivered 
targeted sessions to mitigate unconscious bias, with a focus 
on LGBTIQ+ inclusion.
• Graduate Programme: We strengthened our graduate 
programme for junior technology profiles to attract and 
develop younger talent within our Company.
Retention 
In 2025, we focused on talent retention by strengthening our 
culture and creating an inclusive workplace across functions 
and geographies, prioritising areas that required additional 
support. Key initiatives included:
• Exit Survey Analysis: We reviewed offboarding survey data 
through a DEIB lens to understand attrition drivers and 
address unconscious bias in our retention strategies.
• As a local best practice, France has in place the Disability 
Allies’ Network, whose mission is to support colleagues 
with disabilities in their day-to-day work, challenge 
misconceptions, and promote the inclusion of people with 
disabilities, as well as enhance their employment experience 
within the Company.
Progression, Growth, and Recognition
At Verisure, we are committed to supporting the development 
and growth of diverse talent by providing opportunities at 
every stage of their careers. Through mentoring, training 
programmes, and leadership initiatives, we support inclusion 
at all levels of our Company. Some examples of key initiatives 
include:
• In Italy, Verisure obtained the voluntary UNI/PdR 125:2022 
certification. This framework supports the implementation of 
a structured internal management system for gender equality 
across key areas including culture, governance, people 
processes, gender pay equity, and work-life balance. This 
certification is a key enabler of Verisure’s local DEIB strategy, 
helping to promote gender equity and meritocracy while 
strengthening employee well-being, employer branding, 
and long-term competitiveness.
• Spain announced the third edition of She Leads in 2025 – an 
initiative designed to promote women’s leadership, personal 
growth, and professional development. The programme 
provides participants with the resources, insights, and 
mindset to reach their full potential and drive positive 
change within our organisation.
Sustainability Statement
Social Disclosures continued
206 Verisure plc | Annual Report 2025

===== SIDA 209 =====

Culture
In 2025, we provided support tools to help colleagues integrate 
inclusion into their daily work and team management. These 
include digital resources that promote an inclusive culture, 
embedded in our decision-making, communication, and 
collaboration processes.
• DEIB Awareness: As a core part of our DEIB Strategic 
Framework, we implemented a structured DEIB calendar with 
key moments throughout the year to focus on the diversity 
dimensions that are strategic for us and foster a more 
inclusive culture across our workforce, such as International 
Women’s Day, Pride, International Day of Persons with 
Disabilities, and our global Diversity week. For each occasion, 
we defined specific actions such as gamification, inspirational 
talks, awareness campaigns, or training. Additionally, some 
countries complemented global initiatives with locally 
developed initiatives, such as Italy's Inclusion Week.
• DEIB Training: Each year, we provide not only training 
sessions but also tailored content for specific audiences, 
supporting both people management and the overall 
employee experience. In 2025, this included the launch of 
dedicated training on age diversity or culture bridging, among 
others. 
• Global Benchmark: In 2025, we participated for the second 
time in the Global Benchmark from Workplace Pride, which is 
designed to assess and guide LGBTIQ+ policies and practices 
among employers worldwide. This assessment supports the 
continued development of our DEIB and LGBTIQ+ initiatives. 
The 2025 edition reflected a marked improvement in our 
performance, with results exceeding the overall median score. 
• DEIB Partnerships: Across our geographies, we work with a 
range of partners to support the deployment of our diversity 
strategy at the local level. These collaborations help advance 
our priorities across key areas such as gender equity, 
disability inclusion, and LGBTIQ+ inclusion, reinforcing our 
efforts to foster more inclusive workplaces in line with local 
contexts. For example, Argentina collaborated with Mocha 
Celis and France collaborated with Le Refuge to raise 
awareness about social and labour inclusion of the LGBTIQ+ 
community.
• Early Education: As part of our commitment to supporting 
women and girls in science, we launched the fourth edition 
of the Technovate Verisure Girls Club in Spain. Through this 
initiative, young girls from our colleagues’ families participate 
in a mentoring programme, with our mentors supporting their 
development as future tech entrepreneurs and leaders.
 DEIB Ambitions
S1-5
We aim to achieve a more gender-diverse organisation, 
particularly within our Sales and Technology functions and 
leadership roles, given their strategic importance to the 
business and their relevance in workforce representation. 
In particular, we aspire to increase women’s representation 
globally to 40% and 33% in leadership positions27 by 2030. 
These ambitions were defined based on country-level 
projections and growth expectations. They were agreed with 
local entities, resulting in a consolidated global ambition for 
the Company that was approved and reviewed in the 
ESG Governance cycle28. 
We use 2022 as the baseline year for the defined targets, when 
the women share overall was 37.5%, and 27.1% in leadership 
positions. At the end of 2025, women represented 38.5% of 
Verisure’s global workforce, with 30.9% of leadership positions 
held by women. Both figures show steady progress toward our 
gender representation ambitions. Compared with 2024, the 
global representation of women rose by 0.2 p.p., while the 
representation of women in leadership increased by 2.6 p.p.
Women at Verisure: 2030 Ambition
Women’s representation 
38.5%
30.9%
2025 
Women representation 
2025 
Women in leadership 
roles
Strategic Report Corporate Governance Financial Statements Sustainability Statement Additional Information
Verisure plc | Annual Report 2025 207
27) Leadership positions refers to the company-wide leadership team, in addition to local and functional leadership teams. 
28) Further information about ESG governance can be found in section ESRS 2 GOV-1 & GOV-2: Leadership Oversight and Governance of Sustainability.
40% Ambition
by 2030
33% Ambition
by 2030

===== SIDA 210 =====

TOTAL EMPLOYEE NUMBER BREAKDOWN BY GENDER 29
As a percentage of total headcount active at the end of the period
 RepresentationS1-6
We are committed to fostering diverse representation across all 
levels of our organisation, with a focus on lowering barriers for 
key diversity dimensions outlined in our DEIB Framework: 
gender, age, disability, nationality, sexual orientation and 
gender identity, socio-economic background, race and 
ethnicity, religion, or life stage. Our goal is to prevent and 
manage potential inequalities throughout the employee 
lifecycle related to these identities, especially where they are 
considered social priorities.
At Verisure, we are proud of our team of 30,54730 dedicated and 
engaged colleagues (29,84331 excluding Mexico). In 2025, we 
expanded our teams and increased our talent pool by 1,287 
professionals. As we continue to grow, we prioritise attracting 
and retaining best-in-class talent, fostering a supportive 
culture where everyone can thrive and develop professionally 
alongside us. We take a holistic approach to diverse 
representation across our workforce, recognising and valuing 
various forms of diversity. 
We constantly monitor the evolution of our strategy using 
different KPIs. To provide an inclusive environment, our people 
processes are reviewed on a regular basis by relevant areas 
such as Talent or DEIB. This data is sourced from the Company’s 
HR Information System (HRIS) and is used by the People 
Analytics team to develop dashboards that monitor employee-
related indicators and support comprehensive analysis.
Information on employee headcount by gender
31 December 2025
Gender Number of employees (headcount)32
Male33 18,330
Female34 11,499
Other35 9
Not Reported36 5
Total Employees 29,843
Total number of employees in countries with 50 or more 
employees representing at least 10% of total number of 
employees
31 December 2025
Country Number of employees (headcount)
Spain 9,817
France 3,996
Brazil 3,332
Total 17,145
Sustainability Statement
Social Disclosures continued
208 Verisure plc | Annual Report 2025
29) 'Other’ and ‘Not disclosed’ categories are not shown separately and account for the remaining 0.1%.
30) Total employee headcount at the end of the period, consistent with the average number of employees presented in note 8 - Employees and Directors of the 
consolidated financial statement.
31) In this report, the terms ‘employees’ is equivalent to ‘colleagues, which refer to both permanent and temporary staff, including students. For this reporting period, we provided 
information solely about our colleagues, excluding contingent workers.
32) Calculated using all active permanent and temporary colleagues headcount, including students, at the end of the period. The figure excludes Mexico.
33) Employees included in the category ‘Male’ correspond to Verisure employees who identified as ‘Men’. This definition prevails in all the report.
34) Employees included in the category ‘Female’ correspond to Verisure employees who identified as ‘Women’. This definition prevails in all the report.
35) Employees included in the category ‘Others’ correspond to Verisure employees who did not disclose their gender in our HRIS, labelled internally as ‘Not Declared. 
This definition prevails in all the report. 
36) Employees included in the category ‘Not reported’ correspond to Verisure employees whose gender is not recorded in our HRIS, labelled internally as ‘not informed’. 
This definition prevails in all the report.
2022 2023 2024 2025
Female n Male
62.4%
62.1% 61.6% 61.4%
38.5%38.3%37.8%37.5%
62.4%
28,137 28,556 29,843

===== SIDA 211 =====

Information on employees by contract type, broken down by gender (headcount)
31 December 2025
Female Male Other* Not disclosed Total
Number of employees (headcount)
11,499 18,330 9 5 29,843
Number of permanent employees (headcount)
10,567 16,893 4 4 27,468
Number of temporary employees (headcount)37
718 1,180 5 0 1,903
Number of non-guaranteed hours employees (headcount)38
76 192 0 0 268
Number of full time employees (headcount)
8,472 16,285 6 4 24,767
Number of part-time employees (headcount)
3,027 2,045 3 1 5,076
(*) Gender as specified by the employees themselves.
Employee Attrition: Using the standard methodology, the 
Company recorded an overall turnover rate of 39.6%39 in 2025. 
This figure is significantly shaped by our business model and, in 
particular, the structure of our sales organisation. In our largest 
markets, it is challenging to recruit talent with prior experience 
in our specific go-to-market approach. As a result, the first four 
months of employment serve as a clearly defined and mutually 
transparent phase within the selection process and contractual 
framework. During this period, new hires complete training 
while both they and the Company assess suitability for the role. 
Given the scale of our sales force, this model has a notable 
effect on reported attrition; therefore, turnover excluding sales 
employees with less than four months’ tenure provides a more 
meaningful view of workforce stability.
By adopting this adjusted approach, our employee turnover 
rate stands at 28.4%40, providing a more accurate 
representation of our organisation. Additionally, employee 
voluntary turnover remains around 14%41. Moving forward, we 
will continue to focus on strengthening talent retention and 
optimising these metrics, leveraging the insights gained from 
our surveys and other feedback mechanisms.
 Diversity Metrics
S1-9
As part of our commitment to properly cater to our diverse 
customer base, we value age diversity as an important 
component of our strategic framework42. We recognise the 
valuable contributions of all generations currently active in 
the labour market. We work to offer job opportunities where 
younger talent and more senior talent are included, leveraging 
their skills, abilities, experience, expertise, and know-how to 
better serve our purpose. Professionals under 30 comprise 
31.1% of our team, those over 50 represent 11.7% of our 
workforce, and 57.2% of our talent is between 30 and 50 years 
old.
As part of our ongoing governance and monitoring of gender 
diversity across leadership levels, the Management Team43, 
currently comprises three women and eleven men, representing 
21% and 79% respectively. These figures provide a transparent 
view of the current composition while reinforcing the 
importance we place on diversity as a core element of our 
leadership agenda.
Furthermore, our diversity is also reflected in our colleagues, 
who represent 122 nationalities across our global operations. 
This diverse workforce enhances innovation, promotes cross-
cultural understanding, and enables us to better serve the 
communities in which we operate. 
Strategic Report Corporate Governance Financial Statements Sustainability Statement Additional Information
Verisure plc | Annual Report 2025 209
37) In this calculation, temporary employees exclude those classified as students. Unless specified, student employees are included in all headcount figures throughout the rest of 
this report.
38) Non-guaranteed hours employees are employed without a guarantee of a minimum or fixed number of working hours. Casual employees, employees with zero-hour contracts, 
and on-call employees are examples that fall under this category.
39) We calculated the numerator by counting employee departures (headcount) during the reporting period. The denominator comprises the number of employees (headcount) 
who have worked at the Company during the same period. The calculation includes both permanent and temporary staff, as well as students.
40) We calculated the numerator using employee departures excluding sales exits occurring before four months and the denominator includes employees active at any point 
during the reporting period excluding sales exits occurring before four months. This headcount accounts for permanent and temporary employees, including students.
41) We calculated the numerator using voluntary employee departures excluding sales exits occurring before four months and the denominator includes employees active at any 
point during the reporting period excluding sales exits occurring before four months. This headcount accounts for permanent and temporary employees, including students.
42) Metrics related to own workforce are only monitored internally using internal operational and human resources data, complemented, where relevant, by information provided 
by local entities. Methodologies are based on consolidated reporting processes shared within our geographies, using consistent definitions and calculation criteria for a better 
comparability over time.
43) The Verisure’s Management Team is what we consider as top management in compliance with the ESRS standards.

===== SIDA 212 =====

Distribution of employees by age group as a percentage of 
total headcount at the end of the period. 
9,288
31.1%
17,064
57.2%
3,484
11.7%
n Under 30 years old
n Between 30 and 50 years old
n Over 50 years old
 RewardsS1-16
We also work to provide fair remuneration for all our colleagues 
across functions, geographies, and organisational levels, based 
on merit and annual base payments, regardless of gender. In 
our ongoing commitment to transparency and fairness, we have 
closely analysed our remuneration metrics, focusing, among 
other topics, on the gender pay gap. Furthermore, the Company 
has developed a common global framework, system, and 
process to regularly monitor and analyse compensation to 
avoid pay gaps and address any unfair or unjustified disparity. 
The gender pay gap, which measures the difference in average 
pay levels between women and men employees, is a key 
indicator of fair compensation within our organisation. In 2025, 
our unadjusted gender pay gap was 12.5%. 
As multiple factors can affect the pay levels of employees, 
we have applied a more detailed methodology, considering 
additional aspects such as actual time worked, type of work, 
and level of contribution of each role, among others. This 
approach produces an adjusted figure that we call the ‘Equal 
Pay for Equal Job’ Gender Pay Gap. Our Equal Pay for Equal Job 
Gender Pay Gap stands at 1.2%.
At Verisure, the ratio of the annual remuneration for our 
highest-paid employee to the median annual remuneration of 
all employees (excluding the highest-paid employee) was 45.9 
in 2025.
Most of our colleagues also receive performance-based 
incentives linked in some cases to sales performance or 
achievement, in other cases to operations effectiveness for 
sales and operations roles, and to financial KPIs for the 
remaining functions (including part-time employees).
Understanding the context behind these figures is essential. 
Our data compilation methodology involves collecting salary 
data from all employees with accuracy and consistency. Any 
significant changes to the data, such as adjustments for part-
time employees or organisational structure changes, have 
been documented and considered in our analysis. Additionally, 
data on industry benchmarks, economic conditions, and 
organisational policies have been taken into account to provide 
a comprehensive understanding of our remuneration metrics.
By continuously monitoring and improving our pay practices, 
we aim to foster an inclusive and equitable workplace for all 
colleagues.
For further information on methodology, please refer to 
sections 
BP-1 & BP-2: About this Sustainability Statement 
section of Our Sustainability Strategy chapter.
Employee Health, Safety, & Well-being
 Actions on Material Workforce S1-4
Impacts and Approaches to Risk 
Mitigation and Opportunity Realisation
Protecting the health and safety of our colleagues is a priority 
and a key element of our duty of care. Occupational health and 
safety has been identified as a material topic due to its 
potential adverse health impacts associated with our activities.
Health and safety risks are primarily managed at the local 
level through established occupational health and safety 
management frameworks, reflecting local regulatory 
requirements and operational contexts. These frameworks 
support the prevention of work-related injuries and illnesses 
and contribute to safer working environments.
Local management is responsible for conducting and 
monitoring risk assessments and implementing appropriate 
policies, preventive measures, and training programmes. While 
risk assessments are performed locally, the Company has 
identified key health and safety risks common at the global 
level too. In particular, road traffic accidents represent one of 
the most significant risks, given the number of colleagues who 
use company vehicles frequently for customer visits.
To mitigate this risk, road safety measures are implemented at 
country level through tailored prevention initiatives and 
training programmes adapted to local conditions. In addition, 
the Company’s Code of Conduct explicitly addresses road 
safety, setting clear expectations regarding responsible driving 
behaviour, compliance with traffic regulations, and the safe use 
of company vehicles.
Sustainability Statement
Social Disclosures continued
210 Verisure plc | Annual Report 2025

===== SIDA 213 =====

Our road-safety training initiatives reflect a unified 
commitment to fostering a safety-first culture and protecting 
the well-being of all colleagues. Our programmes focus on 
enabling participants to understand everyday driving risks, 
recognise the impact of human factors, and adopt safer 
behaviours in their daily journeys. Through interactive content, 
practical simulation exercises, and guided reflection, colleagues 
gain greater awareness of how attitude, attention, and 
preparedness influence safety on the road for the drivers 
and others.
Furthermore, to enhance oversight and effectiveness, work-
related injuries and occupational illnesses indicators are 
monitored at a global level. In 2025, the Company implemented 
a global process for reporting health and safety incidents on a 
regular basis. This process enables consistent record-keeping, 
and supports the identification of trends across countries, 
which can support local measures and corrective actions, in line 
with internal and external reporting requirements.
In addition, in jurisdictions where required by law, employee 
health and safety is further supported through Work 
Environment Committees or Workers’ Safety Representatives. 
These bodies provide formal consultation and communication 
channels between employees and management and contribute 
to identifying risks and implementing practical safety 
improvements in line with local legislation.
As required by the ESRS, it is important to note that we have 
not identified any significant impact on our workforce 
stemming from our efforts to transition to greener and climate-
neutral operations. Any new knowledge or skills required in the 
market have been minimal. For more information, please refer 
to section ESRS 2 SBM-3:
 Our Material Impacts, Risks, and 
Opportunities. 
 Employee Health, Safety, and Well-S1-5
Being Ambitions
The Company’s targets related to its own workforce matters are 
primarily defined through a compliance-based management 
approach44. This approach focuses on adhering to applicable 
labour, health and safety, and ethical conduct requirements, 
supported by targeted quantitative and qualitative monitoring 
mechanisms. Verisure fosters a preventive safety culture, 
promoting employee awareness and strengthening continuous 
improvement mechanisms across its operations. Under 
Employee Health, Safety & Well-being, one quantitative target 
has been established:
• Code of Conduct training: To promote ethical behaviour, 
compliance with internal policies, and respect for workplace 
health and safety requirements, a quantitative target has 
been established for the completion of the Code of Conduct 
e-learning. As the Code of Conduct includes a dedicated 
section on Employee Health and Safety, high completion rates 
are essential to reinforce all colleagues understand the 
standards expected of them. The Company has set a minimum 
expected completion rate of 90% for all employees. 
Completion rates are monitored regularly at the global and 
country level, and follow-up actions are implemented where 
participation falls below the defined threshold. At the end of 
2025, the overall completion rate achieved was 91%, while in 
2024, used as our baseline year, it was 89%. 
Health and safety performance is managed through continuous 
monitoring, preventive controls, and governance oversight, with 
the objective of reinforcing a safety-first culture and limiting 
adverse impacts:
• Health & Safety incidents and occupational ill-health 
reporting: Work-related accidents and cases of occupational 
ill-health are monitored through the Verisure Health and 
Safety Reporting Framework. Incidents are reported on a 
quarterly basis, enabling consistent data collection, trend 
analysis, and the identification of areas requiring preventive 
or corrective actions. This includes breaches of internal 
policies or applicable regulations related to health and safety. 
The Reporting Framework supports governance oversight, 
facilitates timely escalation and remediation, and contributes 
to the management of material risks related to employee 
health and safety.
• In addition to incident-based metrics, employee well-being is 
monitored through the Well-being category of the Sustainable 
Engagement Survey, which provides quantitative insight into 
perceived workload, stress levels, and overall health-related 
experience at work. 
 Collective Bargaining Coverage 
S1-8
and Social Dialogue
In several countries, social dialogue with colleagues is 
supported through established Work Environment Committees 
or Workers’ Safety Representatives. These bodies serve as 
formal consultation and communication channels between 
colleagues and management, primarily in relation to 
occupational health and safety matters.
They operate in accordance with applicable local legislation 
and, where required, are consulted on topics such as workplace 
risk assessments, preventive health and safety measures, and 
the investigation of work-related accidents and incidents. 
Depending on national frameworks, members of these 
committees or safety representatives are appointed or elected 
by employees and/or trade unions. These mechanisms 
contribute to employee representation, facilitate ongoing 
dialogue on health and safety issues, and support the 
identification and mitigation of workplace risks in line with 
local regulatory and collective labour frameworks.
Strategic Report Corporate Governance Financial Statements Sustainability Statement Additional Information
Verisure plc | Annual Report 2025 211
44) These commitments are shared with the Employee Relations topic.

===== SIDA 214 =====

Social ProtectionS1-11
In relation to health and safety, social protection arrangements 
provide coverage for work-related injury, occupational illness, 
or acquired disability, either through statutory schemes or 
company-provided insurance and benefit arrangements, 
depending on local requirements.
In certain countries, sickness- and injury-related benefits, 
including those related to work-related accidents or ill health, 
exceed minimum statutory requirements. These arrangements 
help mitigate adverse impacts associated with workplace 
injuries or health conditions and support employee security 
and recovery, in line with applicable legal and regulatory 
frameworks.
 Health and Safety Indicators 
S1-14
and Results
Our duty of care enables us to provide safe working 
environments, which are governed by local regulations and our 
Code of Conduct. Our Code of Conduct includes a specific 
section on Health & Safety to further reinforce our commitment 
to protecting the health and safety of our colleagues. 
We are committed to protecting the health and safety of our 
colleagues across all the countries in which we operate.
Our colleagues are supported by country-based health and 
safety management frameworks aligned with local legislation45. 
These systems typically provide a framework for identifying, 
monitoring, and managing workplace health and safety risks, 
contributing to the protection of our workforce and the 
continuous improvement of occupational health and safety 
practices.
13 of our countries hold the ISO 45001 certification. Of these, 10 
countries are certified at the level of our Alarm Receiving 
Centres (ARCs), while three countries hold company-wide 
certifications. ISO 45001 recognises that an organisation has an 
effective Occupational Health and Safety (OH&S) management 
system in place, demonstrating a structured approach to 
managing workplace health and safety risks and promoting 
continuous improvement.
In addition, it is important to highlight that most of our 
countries offer an Employee Assistance Programme (EAP), 
providing free and confidential health assessments, short-term 
counselling, referrals, and follow-up services. Where EAPs are 
available, all colleagues can access them.
In 2025, two fatalities were reported and confirmed among our 
permanent or temporary colleagues as a result of declared 
work-related ill health or accidents. One fatality resulted from 
a car accident that occurred while the employee was returning 
home after work. The other happened during working hours, 
when the employee began to feel unwell while carrying out 
installation work and subsequently lost consciousness. Due to 
data privacy constraints, the Company does not know the cause 
of this fatality. 
In addition, two fatalities occurred during working hours in 
Spain in 2025 and, as of 31 December 2025, remain pending 
classification as either work-related or non-work-related. These 
incidents were not directly connected to work activities such as 
alarm sales or installation tasks. 
2025
Number Percentage 
/ Rate
Total number of employees covered by an 
H&S management system 29,843  100% 
Number of fatalities as a result of work-
related injuries and work-related ill health 2
Number and rate of recordable work-
related accidents 661 12.42
Number of cases of recordable work-
related ill health 4
Number of days lost to work-related 
injuries, fatalities from work-related 
accidents, work-related ill health, and 
fatalities from ill health
35,002
Regarding the previous table, ‘Total number of employees 
covered by a H&S management framework’, refers exclusively 
to our colleagues covered by an H&S management framework 
based on legal requirements and/or recognised standards or 
guidelines. ‘Number of fatalities as a result of work-related 
injuries and work-related ill health’, covers both permanent 
and temporary colleagues. 'Number and rate of recordable 
work-related accidents', only applies to our permanent 
colleagues. The calculation methodology has been based on 
the following steps:
• Total number of days worked in 2025 (calculated as the days 
between hire and termination date), minus the total number 
of days of leave of absence and time off.
• The resulting number is then divided by seven to obtain the 
total number of weeks worked per country.
• The number is then multiplied by the standard full time 
working hours in each country.
• Following this, the respective number of cases is divided by 
the total number of hours worked by our employees, and the 
result is multiplied by 1,000,000. This makes the rate 
represent the number of respective cases per one million 
hours worked.
The ‘work-related injuries and fatalities from work-related 
accidents, work-related ill health, and fatalities from ill health’, 
indicator follows these considerations:
• The calculation for lost days focuses on the number of days 
lost due to work-related accidents for all colleagues, as well 
as the days lost due to work-related ill health.
• The methodology also counts the first and last days of 
absence as lost days. 
• Incidents that occur during the commute to and from work 
are not included in the calculation, as these fall outside the 
Company's responsibility.
Sustainability Statement
Social Disclosures continued
212 Verisure plc | Annual Report 2025
45) This information applies only to employees, referred to as ‘colleagues’, and does not include non-employees in our own workforce.

===== SIDA 215 =====

Talent Management and Sustainable 
Engagement
 Actions on Material Workforce S1-4
Impacts and Approaches to Risk 
Mitigation and Opportunity Realisation
At Verisure, our focus on the well-being and development of 
our people is central to sustaining a resilient organisation 
capable of long-term success. Through our Talent Management 
and Sustainable Engagement approach, we support colleagues 
across all functions so they feel engaged, enabled, equipped, 
supported, and empowered to thrive in a high-performance, 
values-driven environment. By integrating structured talent and 
development processes with continuous listening and a strong 
culture of feedback, we are able to anticipate workforce needs, 
strengthen organisational capabilities, and foster a motivated 
and purpose-driven workforce.
Our approach plays a critical role in mitigating key people-
related risks, particularly the global shortage of critical skills 
and increasing competition for technology and digital security 
talent. Without proactive talent processes, these risks could 
affect innovation, delay strategic priorities, or increase 
dependency on external expertise. To address this, we invest 
in strategic workforce planning, reskilling and upskilling 
programmes, and robust succession planning. These actions 
help us attract, develop, and retain the talent required to 
advance our technology-driven transformation and support 
business continuity. In relation to the identified risk associated 
with the global shortage of tech talent, Verisure’s Sustainable 
Engagement framework generates insights on employee 
experience and development needs, informing action plans 
that strengthen retention, internal mobility, and continuous 
upskilling.
A core element of managing workforce impacts is enabling that 
employee feedback directly informs organisational actions. 
Our Sustainable Engagement survey is a central mechanism 
for identifying risks early and translating insights into action. 
Through our annual engagement survey and periodic pulse 
checks, we gather real-time insights on organisational 
enablement, empowerment, and cultural drivers. These insights 
inform targeted action plans at country, functional, and team 
levels, supporting rapid responses to emerging workforce 
needs and ongoing alignment with colleagues’ expectations. 
Our Talent Management practices, including our STAR 
performance framework, annual Talent Review and Succession 
Planning process, and our internal development and mobility 
processes, enable us to systematically identify, grow, and retain 
high-potential individuals. These processes help us build a 
strong and diverse leadership pipeline, address future 
capability gaps, and strengthen the internal bench for key 
positions across countries and functions. By promoting 
meritocracy, fairness, and access to opportunities, we reinforce 
people practices that continue to foster a healthy, engaged, and 
future-ready workforce.
Taken together, these initiatives provide an integrated 
approach to workforce management that enhances resilience 
and prepares Verisure for future challenges and opportunities. 
By proactively addressing people-related risks and accelerating 
capability building, we reinforce our ability to innovate and 
deliver strong performance over the long term. As the 
organisation evolves, our continued investment in our people 
remains a key driver of sustainable growth. 
 Talent Management and Sustainable 
S1-5
Engagement Ambitions
As part of our commitment to listening to colleagues and 
strengthening a culture built on trust and continuous 
improvement, we set two key objectives for our Sustainable 
Engagement Survey46: achieving at least 85% participation and 
reaching an overall engagement score of >80%, ambitions 
which were defined and approved by the Management Team, 
as well as reviewed regularly with HR Functions leaders. In 2021, 
the overall Sustainable Engagement score was >80%, while 
participation reached >85%. This year, we surpassed both 
targets, reflecting not only our people's strong willingness to 
share feedback but also a solid level of overall engagement. 
These results reinforce the survey’s role as a critical tool for 
guiding our cultural and organisational development. They are 
shared across multiple forums with colleagues at different 
leadership levels, including the Management Team. Each 
country is equipped with the resources and processes required 
to analyse engagement results, identify key priorities, and 
implement customised action plans that strengthen employee 
engagement.
 Training and Skills Development
S1-13
Performance and Career Development
Our ‘STAR’ approach to performance management and career 
development is one of our key enablers for having the best 
possible talent in every position.
Over the past few years, we have devoted significant time 
and resources to improving our performance management 
processes and increasing the number of colleagues 
participating in regular performance and development reviews. 
All our frontline and specific operations teams undergo a 
performance appraisal process based on frequent touchpoints. 
In 2020, we launched our STAR programme, focused mainly on 
non-frontline positions, establishing four key moments for 
Strategic Report Corporate Governance Financial Statements Sustainability Statement Additional Information
Verisure plc | Annual Report 2025 213
46) These ambitions were defined based on the annual survey provider’s recommendations regarding what is considered a ‘high’ range, and subsequently refined to reflect our 
specific context.

===== SIDA 216 =====

managers and colleagues to assess their priorities for the year, 
discuss personal achievements, explore opportunities for 
individual growth, and review performance. In 2024, we evolved 
the model by enhancing the quality of our talent discussions 
and improving overall efficiency. As a result of these 
improvements, our STAR participants now have three key 
formal conversations with their managers during the year, 
providing our teams with a more comprehensive overview of 
talent performance.
We internally track a performance completion ratio, which 
measures the number of STAR participants who complete the 
performance assessment process against the total eligible STAR 
population. This ratio stands at 85%, reflecting in-progress 
participation while the campaign remains open. The campaign 
closes at the end of March, at which point completion 
historically reaches 100%. 
In 2025, we completed our fifth full cycle of the STAR 
programme. Approximately 33% of our total active colleagues 
participated in the STAR programme, a total of 9,952 colleagues. 
Among STAR participants, women accounted for about 39.6%, 
men for about 60.4%, and others for 0.08%47. Considering all 
colleagues who participated in any performance appraisal 
process within the Company (including STAR and other 
performance processes), the percentage rises to around 84% of 
the total active workforce. Among total participants, 
approximately 38% were women, 62% were men, and others 
and those not reported accounted for 0.02%. For the population 
that follows a different performance appraisal process, 
primarily Sales and Operations, performance is evaluated and 
rewarded based on individual results and commission schemes, 
measured monthly through clearly defined individual KPIs.
Our strong culture of feedback and performance management, 
along with our reskilling and re-staffing programmes, is not 
only highly appreciated by our colleagues but also has a 
significant impact on the growth and performance of our 
people. 
Every year, we conduct our Talent Review and Succession 
Planning exercise to assess our talent, identify current and 
future gaps, and create action plans to accelerate the 
development of our people and improve their engagement. In 
2025, more than 3,700 colleagues participated in this process. 
As a result, we have continued to accelerate the development 
of our leaders, while increasing both the quantity and quality 
of identified successors for key leadership positions.
Our leaders are relatively young, but experienced, and include a 
balanced mix of internal promotions and external hires. Women 
now represent 30.9% of our leadership team, up 2.6 p.p. from 
2024. Similarly, our successors to leadership positions are top-
performers who combine youth and proven experience.
Against the backdrop of a global technology talent shortage, 
coverage of technology leadership positions and quality of 
successors remain key risk areas. Even so, both the proportion 
of technology leadership roles with identified successors and 
the share of those successors rated as high performers are 
above the levels observed across the overall leadership 
population.
Taken together, the outcomes of the 2025 Talent Review 
demonstrate a solid and increasingly resilient leadership and 
succession pipeline, supported by a sustained focus on people 
development and continuous improvement of our leadership 
and talent processes.
Training and Growth
At Verisure, we are focused on developing and nurturing a high-
performance organisation. We continue to invest in different 
initiatives aimed at growing our talent, both individually and 
collectively.
The Verisure RISE Leadership Model is foundational to our 
people development activities. This model outlines the 
expectations the Company has of its leaders and those that our 
colleagues can expect from them. The model is based on four 
essential pillars: 
• Role Model Responsible Ownership: Acting as a long-term 
owner, always putting the customer first, thinking and acting 
big, and being accountable and responsible. 
• Inspire & Drive Outstanding Performance: Motivating others 
to achieve high performance, prioritising and making 
decisions with an analytical approach, and executing with 
excellence. 
• Strengthen and Grow a High-Performance, Diverse 
Organisation: Building high-performance and diverse teams 
and fostering a culture of learning by setting continuously 
higher standards for our people. 
• Empower and Lead with Courage, Integrity, and Purpose: 
Inspiring our people and honouring our mission and purpose 
by leading with confidence, positive energy, and genuine 
empathy and humility. 
In 2025, we deepened the integration of the Verisure RISE 
Leadership Model into our key processes, such as Hiring and 
Staffing, Performance Management, and Talent Review. We also 
continued running specific deployment workshops across our 
functions and countries to further embed this model in the 
development of our leaders.
Our RISE Leadership Model and its four pillars form the 
foundation of our Leadership Academy, which aims to develop 
both our current and future leaders. The offering within the 
Leadership Academy is diverse, incorporating various learning 
approaches such as formal training, social training, and 
learning by doing.
Formal Training
In 2025, we offered >585,00048 training hours to our colleagues 
(including both online and in-person training), which breaks 
Sustainability Statement
Social Disclosures continued
214 Verisure plc | Annual Report 2025
47) Individuals recorded under the gender categories 'Other’ and ‘Not reported’ have been consolidated into a single category referred to as ‘Others.’
48) Training hours conducted in 2025 by Verisure colleagues who were still active as of 31 December 2025.

===== SIDA 217 =====

down to an average of ~19.649 training hours per colleague. 
These hours include functional and role-related skills training, 
critical digital capabilities, including AI; as well as courses 
aimed at improving our colleagues’ soft skills and well-being.
We also improved our global Learning Dashboard to enable 
more systematic and efficient tracking of training hours 
across countries.
>585,000
HOURS INVESTED IN TRAINING BY OUR COLLEAGUES 
(INCLUDING BOTH ONLINE AND IN-PERSON TRAINING)
In-Person Training:
In 2025, we continued to offer numerous in-person training 
sessions for managers, further expanding the reach of our 
global Leadership Academy. These programmes were delivered 
across various business areas, countries, and levels of 
(manager) experience, with high participation from leaders 
who actively facilitated sessions.
Online Training:
One key milestone in 2025 was the digitalisation of our RISE 
Leadership Academy content. While our RISE Framework 
defines the core leadership expectations in our organisation, 
training delivery has historically relied on in-person initiatives 
delivered in countries that chose to implement them.
To support the rapid and continuous reskilling and upskilling of 
our leaders, we are transforming this content into e-learning 
formats that provide constant availability and consistency 
across the organisation. These changes help our leaders stay up 
to date with our leadership expectations and evolving 
standards.
This initiative will continue in the coming years, with the aim of 
releasing training in multiple languages to maximise reach 
across our organisation.
Critical Digital Capabilities:
For several years, we have invested in building critical 
competencies across data analytics, cloud technologies, 
cybersecurity, and Artificial Intelligence, enabling our people to 
be equipped to drive Verisure's ongoing digital transformation 
and deliver measurable impact across the business.
As part of this journey, we are advancing our AI transformation 
across the organisation. This includes embedding AI 
capabilities into our ways of working and strengthening the 
skills of our people to unlock sustainable business impact. For 
further details on our AI strategy and initiatives, please refer to 
the AI at Verisure
 in the Strategic Report.
Together, these multi-year initiatives reinforce our commitment 
to building one of the most digitally capable workforces in our 
industry, driving innovation, resilience, and sustainable long-
term growth.
Dashboard:
Another key milestone in 2025 was the introduction of a new 
Global Learning Insights Platform, created to elevate how we 
monitor and accelerate capability building across our markets. 
Moving beyond a traditional reporting tool, this solution 
provides a harmonised, country-level perspective on both 
digital and in-person formal training activity, supporting 
consistent measurement and transparency across countries. 
By equipping Learning Owners with real-time intelligence on 
the evolution of training hours within their organisations, 
the platform enables proactive decision-making, faster 
identification of development gaps, and more agile deployment 
of targeted upskilling initiatives. This enhanced visibility 
strengthens our ability to drive a culture of continuous learning 
and to align capability development with strategic business 
priorities across all countries.
Social Learning
We also continued fostering the development of our people 
through social learning.
In 2025, we significantly increased the use and impact of our 
customised 360° feedback process, based on our RISE Model, 
with more than 500 Verisure managers participating. The 
process strengthened leadership capabilities by helping 
participants gain deeper self-awareness of their strengths 
and development areas through structured debrief sessions 
with specialised coaches. It also helped democratise the 
understanding of the Verisure RISE Leadership Model across 
our organisation. In parallel, we built an internal network of 
trained 360° debriefers, enabling us to scale the process 
sustainably and support leaders in leveraging their feedback. 
Together, both internal and external debriefing approaches 
fostered a strong feedback culture, encouraged open and 
constructive conversations, and embedded feedback as a key 
driver of development across Verisure.
We continued to develop and expand our mentoring 
programmes and coaching offering to help our managers grow, 
providing customised support where and when needed. We 
also built an increasingly solid network of dependable external 
coaches and internal mentors. Through targeted interventions, 
further improved leadership effectiveness and performance, 
particularly in leadership teams that needed help to diagnose 
and build collective capacity to address business and 
organisational challenges.
Learning by Doing
We continued focusing on the professional growth of our 
colleagues through a ‘learning by doing’ approach, which 
remains our default and primary method for developing our 
people. Every year, colleagues eligible for the STAR process 
meet with their managers to discuss their objectives and 
development needs. Together, they co-design individual 
development plans that detail each person’s growth objectives 
and outline how to achieve them, including on-the-job training 
plans for the upcoming year.
Strategic Report Corporate Governance Financial Statements Sustainability Statement Additional Information
Verisure plc | Annual Report 2025 215
49) Average training hours = Total training hours conducted in 2025 by Verisure colleagues who were still active as of 31 December 2025/Total number of Verisure colleagues active 
on 31 December 2025.

===== SIDA 218 =====

In 2025, we also created over 500 individual action plans for our 
key talent. Within this broader effort, and mindful of the 
ongoing global shortage of technology talent. These covered 
both short-term, on-the-job learning and mid- to long-term 
goals, such as potential role changes, stretch assignments, and 
international mobility opportunities. These experiences expose 
our leaders to new realities (new geographies/areas), 
continuously challenging them to grow, and advancing our 
approach to ‘learning by doing’.
Progress against these plans is tracked throughout the year to 
help leaders apply their development objectives in practice, 
gain hands-on experience, and build the skills and capabilities 
outlined in their action plans. This ongoing cycle of planning, 
action, and follow-up helps embed learning into day-to-day 
work, enabling colleagues to develop effectively as they take 
on new challenges.
Table 11 – Training metrics
31 December 2025
Average training hours offered to and completed by employee
Male 19.9
Female 19.0
Other 33.7
Not Reported 32.4
Total by employee 19.6
Employee Relations
 Actions on Material Workforce S1-4
Impacts and Approaches to Risk 
Mitigation and Opportunity Realisation
The Company addresses material impacts and risks related to 
employee relations through a combination of compliance 
processes, employee engagement mechanisms, and governance 
oversight, aimed to make sure fair working conditions, open 
dialogue, and early identification of workforce-related risks. 
Verisure’s Employee Relations are managed locally, with 
support from the global ERLR (Employee Relations and Labour 
Relations) team as needed, to facilitate a consistent and 
aligned approach across all geographies.
Compliance with labour and employment regulations is a core 
element of our approach. All compliance incidents are 
consolidated and monitored through the Company’s Quarterly 
Compliance Reporting process. This process enables the 
identification of key compliance risks, the monitoring of trends 
over time, and the definition of appropriate remediation and 
preventive actions. The effectiveness of these actions is 
regularly reviewed through management oversight and follow-
up at the global and country levels. 
In parallel, the Company promotes active employee 
engagement and open communication to mitigate risks in 
employee relations and support a positive, inclusive working 
environment. Colleagues can express concerns, provide 
feedback, and engage with the organisation through multiple 
channels, including employee engagement surveys, direct 
access to Human Resources, internal communication platforms, 
and regular meetings and feedback sessions with team leaders. 
These mechanisms support the timely identification of 
potential issues related to working conditions, well-being, or 
inappropriate conduct, and enable local management to take 
appropriate action.
To further strengthen the identification and management of 
workforce-related compliance risks, Verisure launched a 
Compliance Control Framework in 2025. As part of this 
framework, minimum mandatory controls were implemented 
across all countries to support compliance with applicable 
labour and employment laws. The framework enhances 
consistency, supports risk mitigation, and helps prevent 
adverse impacts on colleagues.
Finally, in addition to the above, in 2025, a due diligence 
exercise on Employee Relations matters was conducted in six of 
our countries. This exercise was run by an external law firm for 
complete independence and assessment, with the objective of 
providing each participating country with a clear picture of 
where they stand in terms of Employee Relations matters and 
potentially identifying areas for improvement.
In relation to actions taken to provide remedy to potential 
negative impacts, please refer to section S1-15:
 Work-Life 
Balance Metrics and G1-1: Business Conduct Policies and 
Corporate Culture. 
 Employee Relations AmbitionsS1-5
Employee relations targets are therefore focused on 
maintaining adherence to applicable labour and employment 
legislation, internal policies, and operational procedures, rather 
than on the systematic use of quantitative performance targets 
across all workforce topics. This approach reflects the nature of 
the identified material impacts and risks, which are managed 
through preventive controls, monitoring mechanisms, and 
timely remediation, supported by governance oversight at the 
global and country levels.
Under employee relations, progress in managing material 
workforce-related impacts and risks is monitored through one 
established quantitative target:
• Code of Conduct training: A quantitative target has been set 
for completing the Code of Conduct e-learning, with a 
minimum completion rate of 90% for all employees. 
Completion rates are regularly monitored by different 
Sustainability Statement
Social Disclosures continued
216 Verisure plc | Annual Report 2025

===== SIDA 219 =====

stakeholders including HRDs and other senior leaders, and 
follow-up actions are taken when participation falls below the 
defined threshold. As of the end of 2025, the global 
completion rate was 91%, compared to 89% in our baseline 
year, 2024.
In addition, Employee Relations monitors the following metrics 
to support the management of workforce-related impacts and 
risks:
• ERLR reporting: ERLR matters, including court rulings, 
sanctions, penalties, and human-rights incidents, are 
reported every quarter through the global ERLR Reporting 
Framework. This enables the timely identification, escalation, 
and management of labour-related risks and adverse 
impacts.
• Compliance (and Ethics) incidents reporting: Compliance 
incidents are reported quarterly through global compliance 
reporting.
• Speak Up reporting on harassment and discrimination: 
Complaints are reported quarterly through global compliance 
reporting.
In order to monitor the identified potential negative impact 
associated with disregard for employees’ non-working time and 
prolonged high-stress conditions, Verisure conducts an annual 
Sustainable Engagement Survey. The survey provides 
quantitative results across several categories, including Well-
being, Working Environment, Leadership, and overall 
Sustainable Engagement. In particular, the Well-being category 
helps us detect elevated stress levels, fatigue risks, and 
potential burnout trends, allowing for early identification of 
workforce pressure that could undermine performance, 
increase turnover, or impact service quality. For positive 
impacts related to adequate wages and financial stability, 
relevant outcome indicators include Sustainable Engagement 
results under Compensation & Benefits. Further information on 
Sustainable Engagement is addressed in the S1-2: 
Processes for 
Engaging Employees and Representatives on Workforce 
Impacts, Risks, and Opportunities. For the identified potential 
risk of ineffective social dialogue mechanisms, monitoring 
includes survey results under Working Environment. Further 
information is addressed in the section S1-8:
 Collective 
Bargaining Coverage and Social Dialogue.
In addition, countries have access to operational monitoring 
tools and metrics that support local management of workforce-
related risks and opportunities, including:
• HR dashboards, covering KPIs such as turnover and 
performance.
• Compliance dashboards, covering compliance incidents and 
Speak Up cases related to harassment and discrimination.
Compliance and workforce-related metrics are regularly 
reported to the Compliance Committee and Audit and Risk 
Committee, providing oversight at the appropriate governance 
levels.
To further strengthen the management of labour-related and 
human rights risks, additional qualitative controls were 
implemented in 2025 in selected countries through external 
audits and due diligence activities, including in LatAm, Portugal, 
and Italy. These actions enhance risk identification, strengthen 
internal controls, and support continuous improvement in the 
management of material workforce-related impacts. 
 Collective Bargaining Coverage and 
S1-8
Social Dialogue
We support our colleagues’ employment rights to associate 
freely and bargain collectively, as stated in our Code of 
Conduct, which allows them to choose associations based on 
their needs and preferences.
11 of our countries have well-established local employee 
representation systems, including Trade Union Representatives, 
Works Councils, and Employee Delegates. This includes the 
Netherlands, where a Works Council was formally established in 
2025. These bodies play a key role in promoting social dialogue 
and consultation at the local level, supporting constructive 
engagement between management and employee 
representatives on work-related matters.
Across the European Economic Area (EEA), approximately 61.5% 
of our colleagues are represented by these employee 
representation bodies. Additionally, 13 of our countries apply 
one or more CBAs, most of which are external agreements at 
the national and/or sectoral level. As a result, 82.7% of our 
colleagues are covered by a CBA (92.3% within the EEA50 and 
57.6% outside EEA).
Our largest markets, Spain and France are fully covered by 
CBAs. These social dialogue channels enable us to engage with 
our colleagues and their representatives on a variety of topics, 
including business decisions, compliance programmes, and 
other initiatives. Through this ongoing dialogue, we aim to 
promote transparency, mutual trust, and a collaborative 
working environment across all our countries.
Total number of employees in countries with 50 or more employees 
representing at least 10% of total number of employees
Collective Bargaining Coverage Social dialogue 
Coverage Rate Employees - EEA
Employees - Non 
EEA
Workplace 
representation 
(EEA only) 
0 - 19%  -  -  - 
20 - 39%  -  -  - 
40 - 59%  -  -  - 
60 - 79%  -  - Spain 
80 - 100% Spain; France Brazil France
Strategic Report Corporate Governance Financial Statements Sustainability Statement Additional Information
Verisure plc | Annual Report 2025 217
50) The table on this page presents information about CBA and Workplace Representation (applicable only to the EEA) for the countries where we operate, provided that we have 
at least 50 colleagues, and they represent at least 10% of our total workforce. These countries include Spain, France, and Brazil.

===== SIDA 220 =====

Adequate WagesS1-10
A significant proportion of our employees are covered by CBAs. 
These agreements typically set salary levels above the statutory 
minimum wage. These wage floors are consistent with the 
principles of adequate remuneration and help guarantee that 
our baseline pay practices remain aligned with recognised 
l i v i n g - w a g e  e x p e c t a t i o n s .
Beyond regulatory compliance, we reinforce this commitment 
by regularly benchmarking our compensation structure against 
market data and industry standards. These assessments allow 
us to identify potential gaps, adjust salary ranges upward when 
needed, and seek to confirm that all colleagues receive 
remuneration that reflects both their contribution and external 
l a b o u r - m a r k e t  c o n d i t i o n s .  O u r  l a t e s t  i n t e r n a l  a n a l y s i s  c o n f i r m s  
that all employees are compensated at or above the 
a d e q u a t e - w a g e  t h r e s h o l d ,  a s  d e f i n e d  b y  c o l l e c t i v e  b a r g a i n i n g  
outcomes and independent market benchmarks. We 
continuously monitor wage trends across all geographies in 
which we operate and promptly address any deviations to 
uphold our standards of fairness.
We view adequate wages not only as a compliance requirement 
but as an essential component of our social responsibility. By 
having in place transparent processes, ongoing evaluation, and 
continuous improvement, we aim to maintain a workplace 
where every colleague feels valued and fairly rewarded. We 
will continue to evaluate, disclose, and strengthen our wage 
practices to uphold high standards of equity and responsible 
employment.
 Social ProtectionS1-11
All colleagues are covered by social protection programmes, 
either through statutory public schemes or through company-
provided benefits, depending on the country of employment. 
These programmes provide income protection in situations 
such as sickness, unemployment, parental or adoption leave, 
and retirement, in line with applicable labour and social 
security legislation.
Where company-provided benefits complement public 
schemes, they are designed to support fair and stable 
employment conditions and mitigate risks related to income 
loss during periods of absence. Coverage and benefit levels are 
determined in accordance with local legal requirements and 
employment frameworks.
Sustainability Statement
Social Disclosures continued
218 V e r i s u r e  p l c   |   A n n u a l  R e p o r t  2 0 2 5

===== SIDA 221 =====

Work-Life Balance MetricsS1-15
At Verisure, we recognise the importance of work-life balance 
and flexibility in supporting employee well-being, engagement, 
and performance. A hybrid working model is in place, offering 
eligible colleagues greater flexibility regarding where and when 
they work, subject to local regulations and operational 
requirements. This model is supported by office environments 
designed to promote collaboration, creativity, and connection. 
Depending on the country or function, eligible colleagues may 
work remotely for up to two days per week, adjust their start 
and end times within a defined flexibility window, and use 
designated work-from-another-location periods, allowing 
greater flexibility during holiday and summer periods while 
supporting work-life balance.
In several countries, these arrangements go beyond statutory 
requirements and complement additional local benefits. For 
example, in France, an Equality and Quality of Work Conditions 
Plan is in place, including flexible working provisions for 
personal life events such as marriage or bereavement, time off 
to care for dependent relatives, and flexible working 
arrangements in specific functions, including Operations, to 
support the balance between professional and personal life.
In addition, all colleagues are entitled to family-related leave in 
accordance with local legislation. For parental leave, most 
countries provide extra-statutory support, either in terms of 
duration or compensation. All countries provide at least 12 
weeks of maternity leave, while 16 countries offer 16 weeks or 
more, either as maternity leave or as parental leave for the care 
of a newborn. During these periods, all countries provide at 
least 70% of base salary coverage, with nine providing 100% 
coverage. In most countries, average commission or bonus 
components are also included in compensation coverage. Most 
countries also offer the option to take extended paid or unpaid 
leave, with durations ranging from nine months to more than a 
year. These extended leaves are generally unpaid, although 
social security benefits may apply in certain jurisdictions. 
Reduced working hours are also available in most countries, 
allowing colleagues to temporarily reduce their working hours 
until their child reaches a certain age. The applicable age 
thresholds vary by country, ranging from one year in Portugal to 
12 years in Spain (or 13 years in accordance with our internal 
policy). These arrangements typically involve a proportional 
reduction in salary, although social security schemes in some 
countries may provide partial compensation.
Finally, child sickness care is available in 12 of our 18 countries, 
under varying conditions and durations. In terms of 
compensation, in some countries, the employer covers the cost 
of this leave, whereas in others it is unpaid but may be partially 
compensated by social security.
Percentage of entitled employees taking family-related 
leave (breakdown by gender)
2025
Gender Percentage
Total  16.92% 
Male  50.95% 
Female  49.05% 
 Incident Management S1-17
In 2025, we had no severe human rights claims or complaints 
filed by either our colleagues or third parties51. We did not pay 
any fines, penalties, or compensation requirements for human 
rights violations. Additionally, we had no cases of non-
compliance with the UN Guiding Principles on Business and 
Human Rights, ILO Declaration on Fundamental Principles and 
Rights at Work, or OECD Guidelines for Multinational 
Enterprises. We continued partnering with our countries to 
effectively address complaints regarding discrimination, 
harassment, and physical violence. 
Our efforts to effectively detect and address potential cases of 
harassment, discrimination, and physical violence are 
reinforced by the Verisure Speak Up Policy, our global Verisure 
Speak Up platform, our Verisure Anti-Harassment and Non-
Discrimination Policy, and our Verisure Diversity, Inclusion, 
Equity, and Belonging Policy.
In 2025, 307 complaints52 of alleged harassment, discrimination, 
or physical violence were reported by our workforce (0.49 per 
100 active headcounts53). Of these, 109 were substantiated and 
confirmed as incidents54, leading to disciplinary action in 100 
cases, including 47 dismissals. This represents a ratio of 0.17 
incidents per 100 total active headcounts55. No complaints filed 
with the National Contact Points for OECD Multinational 
Enterprises have been reported. Additionally, in 2025, the 
Company paid a total of €102,002 in fines, penalties, and 
compensation related to claims of discrimination and 
harassment.
Strategic Report Corporate Governance Financial Statements Sustainability Statement Additional Information
Verisure plc | Annual Report 2025 219
51) Severe human rights claims include, but are not limited to: forced labour, human trafficking, and child labour. Additionally, severe human rights violations may encompass 
damages that are considered severe due to the number of employees involved or because the damage in question is irremediable.
52) A complaint represents an allegation or concern formally raised, regardless of whether the allegation is substantiated or not after assessment/investigation. Complaints come 
through multiple channels (Speak Up platform, HR or Legal team, manager, etc.). Only closed complaints, those that have been fully processed and concluded, are counted.
53) Complaints per 100 active headcount ratio is calculated by dividing the number of incidents by the total number of active employees and contingent workers during the 
reporting period, then multiplying by 100. 
54) An incident refers to a substantiated case of non-compliance with the regulation or internal rules performed by our own workforce (employees and contingents). The total 
number of discrimination, harassment and physical violence incidents is as follows: Harassment – 79, Discrimination – 13, and Physical Violence – 17.
55) Incidents per 100 active headcount ratio is calculated by dividing the number of incidents by the total number of active employees and contingent workers during the 
reporting period, then multiplying by 100.

===== SIDA 222 =====

S2
Social Disclosures
Sustainable
Sourcing
 Sustainable Sourcing Across Our Value ChainS2-ESRS 2 SBM-3
As outlined in the ESRS 2 IRO-1: Our Double Materiality Assessment Process section of Our Sustainability Strategy, we have 
identified Sustainable Sourcing as one of our ESG-related material topics.
Our identified IROs related to Workers in the value chain are presented below. The legend explaining the type of IRO, value chain 
location, and time horizon is provided in section ESRS 2 SBM-3: Our Material impacts, Risks, and Opportunities.
ESRS Verisure 
Material Topic Impacts, Risks, and Opportunities Type of IRO Value Chain 
Location
Time 
Horizon
S2
Sustainable 
Sourcing
Our Supplier Standards and Ethical Code promote fair labour practices and 
safe conditions across the value chain, strengthening workforce stability, 
supporting service quality, and reducing legal or reputational risks while 
creating long-term value.
  
Sustainable 
Sourcing
P o t e n t i a l  s u b - p a r  s u s t a i n a b i l i t y  p e r f o r m a n c e  a m o n g  o u r  s u p p l i e r s  a n d  a c r o s s  
the broader value chain could lead to reputational harm and potential ESG 
regulatory enforcement.
  
The DMA incorporates inputs from our suppliers and other key 
stakeholders. We conducted a survey to gather the qualitative 
insights needed to assess the scale of our IROs and inform the 
materiality model. Stakeholder perspectives relevant to 
sustainable sourcing are addressed in the section ESRS 2 
SBM-2: Stakeholder Engagement and Priorities of Our 
Sustainability Strategy and in the Section 172(1) Statement of 
the Strategic Report.
Our Supplier Standards and Ethical Code provide an 
opportunity to strengthen responsible practices across our 
value chain by promoting fair labour conditions, safe working 
environments, and ethical conduct among suppliers. However, a 
r i s k  o f  s u b - p a r  s u s t a i n a b i l i t y  p e r f o r m a n c e  a m o n g  s u p p l i e r s  h a s  
been identified, especially given the diversity of our global 
supply chain and the evolving regulatory landscape. The 
opportunity and the risk therefore interact closely: while our 
Standards set expectations and drive positive outcomes, the 
a s s o c i a t e d  r i s k  p r o m o t e s  t h a t  w e  m a i n t a i n  r o b u s t  d u e - d i l i g e n c e  
processes, assess supplier practices continuously, and monitor 
c o m p l i a n c e  a c r o s s  t h e  E S R S  S 2  s u b - t o p i c s  t o  m i t i g a t e  p o t e n t i a l  
impacts.
Verisure has developed a comprehensive understanding of the 
risks faced by workers with certain characteristics, those 
working in specific contexts, and individuals engaged in 
particular activities. This insight has been garnered through a 
combination of risk assessments, stakeholder consultations, 
and continuous monitoring. Our commitment to safeguarding 
all workers is reflected in our policies and practices, which are 
designed to mitigate risks and promote a safe and inclusive 
working environment.
Our value chain is composed of several types of workers: (i) 
upstream workers from our suppliers and business partners, 
and (ii) downstream workers, including the guards managed 
by third parties we send for on-site assistance, who are also 
considered our suppliers, and all the emergency services 
provided by official bodies, such as the police, medical 
assistance, or fire brigade who should not be considered 
part of our suppliers. 
We have several types of suppliers56:
• Strategic suppliers: Support the success and strategic goals 
of Verisure by delivering essential products and services that 
contribute to business continuity and drive performance 
across the entire organisation, beyond individual country 
operations. Strategic suppliers account for 54% of spend, 
while representing just 2% of the supplier pool. This group 
includes Third-Party Logistics (3PL) suppliers and the majority 
of product suppliers, among others: 
Sustainability Statement
220 V e r i s u r e  p l c   |   A n n u a l  R e p o r t  2 0 2 5
56) Verisure’s Procurement function manages around 82% of the total spend of the global organisation. The remaining spend corresponds mainly to marketing media, and 
purchase orders below €10k, in accordance with the Procurement Policy. The distribution of spend across the different supplier categories is calculated based on this 82%.

===== SIDA 223 =====

• 3PL suppliers: External companies to whom Verisure 
outsources logistics and supply chain operations, covering 
functions such as warehousing, transportation, inventory 
management, order fulfilment, and reverse logistics. These 
suppliers act as specialised logistics partners, managing a 
significant part of Verisure’s physical distribution activities.
• Strategic product suppliers: Suppliers that provide the 
components and parts for the alarm devices 
commercialised by Verisure.
• Important suppliers:
• Suppliers whose spend is equal to or greater than 1% of 
total country spend, or who are crucial to Company 
activities. 
• Suppliers with annual spend over €500,000.
• Important suppliers account for 22% of total spend and 
represent 3% of the supplier pool.
• Standard suppliers: Suppliers that do not meet the criteria for 
strategic or important status. Standard suppliers account for 
24% of total spend and represent around 95% of the supplier 
pool.
Additionally, suppliers are catego
rised by tier, based on their 
position and relationship within the supply chain: 
• Tier-1 suppliers: Companies from which we purchase 
products, or services directly. They hold a direct commercial 
and contractual relationship with us.
• Tier-2 suppliers: Companies providing materials, components, 
or specialised services to Tier-1 suppliers, but not directly to 
us. They have no contractual relationship with us.
• Tier-3 suppliers: Companies supplying goods or services to 
Tier-2 suppliers, placing them further upstream in the supply 
chain. 
Our Sustainable Sourcing Strategy, published in 2023, outlines 
our efforts and is supported by our Procurement Policy and the 
following annexes: our Supplier Standards and Ethical Code, 
our Supplier Diversity Programme, and our Due Diligence 
process. 
Our Due Diligence process upholds respect for human rights 
and environmental sustainability throughout our Company's 
supply chain and among our suppliers. Most of the 18 countries 
where we operate are in Europe, benefiting from a robust 
framework of national and EU labour laws. 
In 2023 and 2024, we implemented a monitoring process to 
prevent sourcing from regions identified as being at risk of 
manufacturing involving child or forced labour. Since then, we 
have monitored the manufacturing regions for our EMS Tier-2 
suppliers, specifically avoiding sourcing from the Xuar region 
in China. 
Supplier Ethical Data Exchange Platform (SEDEX) assessments 
indicate that certain geographies where we source present 
potential risks of child or forced labour, particularly India 
(contact centre and uniforms) and China (alarm products and 
batteries). Our Due Diligence process shows no high risks 
among our monitored suppliers. 
We are also reviewing our EMS Tier-2 suppliers by mapping their 
countries of origin, integrating them into our eSourcing tool, 
and requiring them to sign our Supplier Standards and Ethical 
Code. Some components are manufactured in China and other 
APAC countries that SEDEX flags for higher risks related to child 
or forced labour. We are closely monitoring these suppliers.
 Policies Related to Value Chain S2-1
Workers
We are firmly committed to sustainable sourcing, upholding 
high standards of integrity and expecting the same from our 
suppliers. To integrate ESG principles into our procurement 
processes, we have developed a Sustainable Sourcing Strategy 
and a roadmap through to 2030. This roadmap encompasses 
the concept of Sustainable Sourcing. This roadmap covers ESG 
risk management, due diligence, and impact assessment within 
our sphere of influence. 
Our draft Procurement Policy – currently pending final approval 
– outlines processes to identify potential risks during the 
qualification and sourcing phases, before we enter into 
agreements with suppliers. As part of this, suppliers must 
provide information about their operations, which we 
complement with checks against third-party databases to 
identify potential risks related to finance, legal compliance, 
ESG issues, data privacy, and information security.
Our Procurement Organisation reviews the submitted 
documents and certifications to assess each supplier’s profile, 
including company size, organisational structure, financial 
indicators, and escalation procedures for critical incidents. 
To qualify, suppliers must also demonstrate compliance with 
legal obligations concerning taxes, social security, and 
labour contracts.
Key risk-management measures include conducting a Supplier 
Risk Assessment during qualification and requiring adherence 
to our Supplier Standards and Ethical Code. By accepting 
these standards, suppliers affirm their legitimacy, regulatory 
compliance, and commitment to fundamental principles on 
Human Rights, Labour, Environment, and ethical business 
conduct57. 
Our global Procurement and Supply Chain Director holds 
the most senior accountability for implementing sustainable 
sourcing policies. However, the draft Procurement Policy 
applies to all colleagues across Verisure, including 
headquarters, countries, and all subsidiaries. 
Strategic Report Corporate Governance Financial Statements Sustainability Statement Additional Information
Verisure plc | Annual Report 2025 221
57) It should be emphasised that the workers employed by our suppliers are not part of our workforce, and our interactions occur with the representatives of their companies 
rather than directly with individuals within the value chain.

===== SIDA 224 =====

Our Supplier Standards and Ethical Code
As a member of the UN Global Compact, we are committed 
to responsible sourcing and to driving positive impacts 
throughout our supply chain. In 2023, we publicly outlined our 
strategic objectives for the sustainability of our value chain. 
We have defined our commitments, approach, and roadmap, 
complete with clear and measurable objectives.
Our Supplier Standards and Ethical Code, outlined in Annex 1 
of the draft Procurement Policy, aligns with the 10 Principles 
of the UN Global Compact and reflects our commitment to 
responsible and ethical business practices. By agreeing to 
our Code, suppliers commit to respecting internationally 
recognised human rights frameworks, including:
• The UN International Bill of Human Rights 
• The Universal Declaration of Human Rights 
• The International Covenant on Economic, Social, and 
Cultural Rights and the International Covenant on Civil 
and Political Rights and its two Optional Protocols 
• The United Nations Guiding Principles on Business and 
Human Rights.
This commitment includes preventing child labour, forced 
labour, human trafficking, and other exploitative or abusive 
practices, and requires suppliers to implement appropriate 
measures to safeguard the rights and dignity of their workers.
Our Supplier Standards and Ethical Code apply to all suppliers 
approved by our global Procurement and Supply Chain team 
to conduct business with us. This document is available for 
reference on our website. We encourage suppliers to use our 
website’s Speak Up platform to confidentially report any 
suspected violations of our code or applicable regulations. In 
2025, no grievances were reported against our supply chain 
practices.
 If needed, we will provide support to any supplier 
requiring help to implement the Supplier Standards and 
Ethical Code. 
Since 2022, we have required all suppliers to accept and follow 
these Supplier Standards to participate in our tenders and 
secure contracts. As of 2025, 99.96% of suppliers registered and 
qualified in our eSourcing management tool have signed the 
Supplier Standards and Ethical Code. Additionally, 100% of our 
Strategic and Important suppliers have submitted all required 
documentation to confirm their commitment to our standards.
This requirement reinforces our expectation that all suppliers 
comply with our business ethical standards, including: 
• Compliance with all applicable laws and regulations: 
Suppliers must adhere to all relevant laws, regulations, and 
standards that pertain to their industry and the countries 
where they operate.
• Security: Suppliers are responsible for maintaining robust 
security at all production and warehousing locations. They 
must implement supply chain security measures to prevent 
unauthorised movement of cargo in outbound shipments. 
Each supplier facility must have documented security 
procedures that confirm adequate security controls are 
in place.
• Employment practices: We expect our suppliers to respect 
their employees and make continual efforts to improve their 
working conditions. This includes providing fair wages and 
benefits, reasonable working hours, avoidance of child labour 
and forced labour, non-discrimination, freedom of 
association, safe working conditions, and adherence to 
human rights standards.
• Conflict Minerals: We expect our suppliers to conduct due 
diligence to identify any potential presence of conflict 
minerals in goods delivered to us. We may also require them 
to provide relevant documents, information, and evidence 
as necessary.
• Gift and Gratuity Policy: Our colleagues are prohibited from 
soliciting or accepting any gifts, gratuities, or other monetary 
incentives as a condition of conducting business. We expect 
suppliers to report any such requests or demands to us and 
to refrain from offering gifts or gratuities before or during the 
business relationship.
• Bribery, corruption, and fraud: Suppliers must comply with all 
relevant laws and regulations regarding bribery, corruption, 
and fraud. They must not engage in any form of bribery, 
payment, or improper advantage with public officials, 
international organisations, or third parties, either directly 
or indirectly. We also require our suppliers to maintain a 
compliance verification process to support compliance with 
these regulations.
• Freedom of expression and data protection: Our suppliers 
must respect the rights to privacy and freedom of expression 
within their operations. We expect all suppliers to implement 
robust security controls and take necessary precautions to 
prevent unauthorised data disclosures, thereby protecting 
the interests of data subjects.
All these initiatives form a crucial part of our Sustainable 
Sourcing Strategy, which we will continue to develop over the 
coming years. 
 Processes for Engaging with Value 
S2-2
Chain Workers About Impacts
We recognise that workers in our value chain may be affected 
by the activities of our suppliers and business partners. As part 
of our responsible sourcing framework, we have established 
mechanisms to safeguard fair working conditions and allow 
concerns to be raised.
While we do not directly engage with workers employed by our 
suppliers, we seek to understand and address worker-related 
matters in our value chain through established indirect 
engagement channels. These mechanisms allow us to exercise 
leverage and promote responsible labour practices across our 
value chain, including:
• Formal communication with suppliers and their authorised 
representatives
• Contractual obligations embedded in the Supplier Standards 
and Ethical Code
• The availability of our Speak Up grievance mechanism.
Sustainability Statement
Social Disclosures continued
222 Verisure plc | Annual Report 2025

===== SIDA 225 =====

All workers in our supply chain can confidentially report 
grievances or concerns through the Verisure Speak Up 
channel, which we reference in our Supplier Standards and 
Ethical Code and make publicly accessible via our corporate 
website. The Speak Up platform is accessible to internal and 
external stakeholders, including suppliers, customers, 
former colleagues, and candidates. For example, a supplier’s 
representative may use the Speak Up channel to report a 
potential labour rights concern, such as a health and safety 
incident, which then triggers our review and follow-up process.
After implementing this grievance mechanism, the Procurement 
and Supply Chain Director formally communicated its 
availability and functionality to suppliers registered in our 
eSourcing system.
We investigate reports received through the Speak Up channel 
in line with our internal policies and procedures. Where 
concerns are substantiated, outcomes may include corrective 
actions, contractual enforcement measures, remediation 
requirements, or other supplier management decisions. In this 
way, perspectives raised through the grievance mechanism 
inform our approach to managing actual and potential impacts 
within our value chain.
We engage on an ad hoc basis when concerns are raised, and 
do not operate structured, recurring consultation forums with 
value chain workers. We assess the effectiveness of this 
engagement mechanism by monitoring the number and nature 
of reported cases, reviewing investigation outcomes, tracking 
resolution timelines, and evaluating corrective actions taken. 
Management periodically reviews findings to identify potential 
systemic issues and inform improvements to supplier oversight 
processes.
We do not conduct targeted outreach to specific categories 
of value chain workers who may be particularly vulnerable or 
marginalised. However, our supplier due diligence and risk 
assessment processes help us identify contexts where labour-
related risks may be heightened, and the principles set out in 
our Supplier Standards and Ethical Code apply to all workers 
within our supply chain.
We have not adopted a general, proactive engagement process 
directly involving value chain workers beyond the mechanisms 
described above.
 Processes to Remediate Negative 
S2-3
Impacts and Channels for Value Chain 
Workers to Raise Concerns
We are committed to addressing and remediating negative 
impacts affecting workers in our value chain whenever we 
identify them. If we determine that we have caused or 
contributed to a negative impact, or are directly linked to it 
through business relationships, we aim to use our influence 
to put suitable corrective and remedial measures in place.
Our general approach to remediation forms part of our 
responsible sourcing and business conduct framework. When 
we identify potential or actual negative impacts through due 
diligence, supplier monitoring, or grievance mechanisms, we 
engage with the relevant supplier to investigate the matter, 
determine root causes, and define corrective action plans. 
Channels for Raising Concerns
Value chain workers can raise concerns directly with us through 
the Speak Up channel. This mechanism is accessible to external 
stakeholders and allows concerns to be submitted 
confidentially and, where permitted by law, anonymously. 
For more information about the Speak Up channel, see section 
S2-2
: Processes for Engaging with Value Chain Workers About 
Impacts section. 
Tracking, Monitoring, and effectiveness
We assess and investigate concerns raised through the channel 
in line with our internal policies, standards, and applicable 
laws. We categorise cases by subject matter, and define 
appropriate actions based on our findings.
Substantiated cases may result in corrective actions, 
remediation requirements, disciplinary measures, or 
contractual consequences. 
Awareness, Trust, and Protection against Retaliation
Our Speak Up Framework includes safeguards to protect 
individuals who raise concerns in good faith. Verisure prohibits 
retaliation and is committed to protecting the identity of 
individuals who report concerns or are involved in 
investigations, in accordance with our Business Conduct 
policies (see more in G1-1:
 Business Conduct Policies and 
Corporate Culture in the G1 Ethics & Integrity chapter). Verisure 
does not conduct direct surveys or consultations with value 
chain workers to assess awareness levels. 
 How We Address Labour Risks and 
S2-4
Opportunities in Our Supply Chain
Due Diligence Process
We acknowledge that our operations have a meaningful impact 
on people and the environment, and we recognise our 
responsibility to prevent, mitigate, and minimise adverse 
effects across the value chain. Through our Due Diligence 
process, we proactively identify the most significant human 
rights, and environmental risks in our supply chain. Our 
Procurement team leads this process, supported by a 
cross-functional group that includes Procurement Compliance, 
Direct and Indirect Procurement, and Supply Chain Risk 
Management teams.
In 2025, we enhanced our due diligence process for our 
suppliers, including Tier-2 suppliers, and EMS subcontractors. In 
line with the value chain worker opportunity highlighted in our 
DMA, we are extending due diligence across additional supplier 
tiers to help improve labour practices and safeguard workers’ 
rights throughout the value chain.
Strategic Report Corporate Governance Financial Statements Sustainability Statement Additional Information
Verisure plc | Annual Report 2025 223

===== SIDA 226 =====

Our ambition is for our key suppliers to develop and apply 
their own due diligence processes, which helps them to better 
understand and oversee the practices of their subcontractors. 
We require suppliers to comply with our expectations on 
employment rights, human rights, health and safety, fair wages, 
and the prohibition of child and forced labour, as well as 
maintaining zero-tolerance for discrimination. To reinforce 
these expectations, we are embedding ESG requirements into 
procurement templates (RFQs, tenders, award documents, 
contracts, and SLAs58) and incorporating ESG performance into 
our Supplier Evaluation process. By strengthening supplier 
expectations and processes, we aim to drive positive impacts 
by improving labour conditions and protecting workers’ rights 
across our value chain.
Our Sustainable Sourcing Strategy includes a due diligence 
framework that identifies the most significant human rights 
and environmental risks within our supply chain. In 2025, 
supplier risk assessments did not reveal any human rights 
issues or incidents. 
Our due diligence process includes the following key steps:
• Supplier risk assessment in qualification: Since 2022, we have 
partnered with Bureau Van Dijk (now Moody’s) to evaluate 
financial, legal, and ESG risks during the supplier qualification 
phase. By the end of 2025, 100% of our Strategic and 
Important suppliers and 22% of all our suppliers qualified in 
the eSourcing tool (Jaggaer-Bravo) had received an ESG rating. 
Following the strategic partnership between Moody’s and 
MSCI in 2025, we are migrating ESG ratings to the MSCI 
database, which will provide ratings for several standard 
suppliers that have not yet received a rating by Moody’s.
Suppliers without an external ESG rating must complete an ESG 
questionnaire during the qualification phase in our eSourcing 
tool. This questionnaire evaluates their ESG performance and 
policies, assigning a score based on their responses. The key 
areas of focus include: 
• An established environmental policy and compliance 
procedures
• A strategy to address climate change, and procedures to 
measure and monitor environmental impacts 
• A code of conduct covering labour rights and working 
conditions
• Procedures to support compliance with the code of conduct 
on labour rights and working conditions
• A due diligence process to identify potential negative impacts 
on human rights and the environment within the supply chain
• A grievance mechanism that allows stakeholders to raise 
concerns related to ESG matters
• A Corporate Governance Code.
If suppliers cannot accept our Supplier Standards and Ethical 
Code, we review their own code for alignment before doing 
business with them. 
In 2025, we enhanced our due diligence process among our 
suppliers by joining SEDEX, aiming to perform ESG ratings for 
Tier-1 and Tier-2 suppliers not rated by Moody’s or MSCI, and 
to conduct on-site audits through SEDEX-approved audit 
companies, following the internationally recognised Sedex 
Members Ethical Trade Audit (SMETA) methodology. 
• Supplier Standards and Ethical Code. Please refer to S2-1
 for 
more information.
• Supplier audits: We conduct annual supplier audits, either on-
site or online, using self-assessment questionnaires for our 
Strategic Product Manufacturers and Third-Party Logistics 
suppliers59. These audits allow us to monitor various aspects 
of their business operations, including financial performance, 
ESG practices, and working conditions within their facilities. 
During these audits, we assess supplier compliance with 
labour laws, health and safety regulations, environmental 
standards, human rights, business ethics, and other pertinent 
topics. Suppliers unwilling to join SEDEX and follow this 
process must provide a Responsible Business Alliance (RBA) 
audit report or a similar valid report, with action plans in 
place for non-conformities. Non-compliances identified 
through SEDEX, RBA, or online assessments are addressed 
through supplier action plans with defined deadlines, 
monitored through follow-up reviews, with corrective actions.
• Due Diligence on EMS Tier-2 suppliers: In 2023, we began 
mapping Bills of Materials from our EMS Tier-2 suppliers to 
identify potential impacts on human rights, labour, and the 
environment arising from component manufacturers’ ESG 
practices. This process includes assessing country risks, 
compliance with environmental standards – such as the 
EU Restriction of Hazardous Substances in Electrical and 
Electronic Equipment (RoHS) Directive and the EU 
Registration, Evaluation, Authorisation, and Restriction 
of Chemicals (REACH) Regulation – adherence to conflict 
minerals regulations, and reviewing ESG third-party ratings. 
In 2024, we extended our mapping to Tier-3 product plastic 
suppliers and began engaging with our Original Design 
Manufacturers (ODMs) to follow up on the due diligence 
practices in their supply chains. 
Regarding conflict minerals, we require our Strategic and 
Important suppliers to demonstrate that none of the 
components they supply contain 3TG metals originating from 
covered countries (the Democratic Republic of the Congo and 
adjoining nations). 
• Grievance mechanism: All supply chain workers can report 
concerns confidentially through our Verisure Speak Up 
channel, which we reference in our Supplier Standards and 
Ethical Code and make publicly available on our corporate 
website. For more information about the Speak Up platform, 
see section S2-2: Processes for Engaging with Value Chain 
Workers About Impacts.
• ESG due diligence requirement letter in supplier contracts: In 
2025, we began incorporating ESG due diligence requirements 
into our framework agreements with strategic suppliers. 
Sustainability Statement
Social Disclosures continued
224 Verisure plc | Annual Report 2025
58) Service Level Agreement.
59) For online audits.

===== SIDA 227 =====

Currently, 92% of suppliers in scope have already signed the 
ESG requirement letter, committing to implement due 
diligence procedures across their operations.
In 2025, our ESG supplier assessments, as well as online and on-
site audits and compliance assessments against our Supplier 
Standards and Ethical Code, did not reveal any human rights 
issues. This includes no cases of child labour, forced labour, 
or human trafficking.
Supplier Risk Assessment
We identify and address potential risks faced by supply chain 
workers through risk assessments, stakeholder consultations, 
and continuous monitoring, demonstrating our commitment 
to promoting a safe and inclusive working environment.
Throughout 2025, we regularly engaged with our Strategic 
Product Suppliers and Third-party Logistics Providers to assess 
their ESG impacts and develop mutual improvement plans. We 
also monitored their ongoing sustainability initiatives. By 
supporting continuous ESG performance improvements among 
key partners, these engagements contribute to better working 
conditions and positive impacts for value chain workers, in line 
with our DMA opportunity.
We hold biannual meetings with each strategic product and 
logistics supplier to review KPIs related to:
• Energy consumption
• Green Energy utilisation
• GHG emissions
• Waste management.
Notably, 92% of our product and logistics spend goes to 
suppliers who actively share their ESG efforts with us. The 
breakdown of these initiatives is as follows: 
• 90% of suppliers have established CO2eq emission reduction 
targets
• 70% have waste reduction targets 
• 80% have renewable energy goals 
• 100% hold ISO 9001 certification 
• 100% have an environmental policy in place 
• 95% hold ISO 14001 certification
• 55% have obtained either Occupational Health and Safety 
Assessment Series (OHSAS) or ISO 45001 certification 
• 75% have a CSR Policy and 60% a DEI policy
• 75% have a Supplier Code of Conduct.
By incorporating sustainability considerations into our risk 
management practices, we aim to improve resilience and 
working conditions, promote responsible business behaviour, 
and build long-term value for all stakeholders.
Supplier Diversity Programme
We are committed to integrating sustainability and diversity 
into all procurement practices and to supporting suppliers in 
acting responsibly. As part of this commitment, we launched 
our Supplier Diversity Programme in early 2023 to formally 
promote diversity within our supply chain. In line with the value 
chain worker opportunities identified in our DMA, this 
programme promotes equal access to tenders for minority and 
vulnerable suppliers, creating positive social impact. 
The categories of diverse suppliers include:
• SMEs (Small and Medium Enterprises): Businesses with fewer 
than 100 employees
• MOBs (Minority-Owned Businesses): Businesses with more 
than 50% minority ownership
• WOBs (Women-Owned Businesses): Businesses with more 
than 50% women ownership 
• WISEs (Work Integration Social Enterprises): Businesses where 
most employees are people with disabilities or from 
vulnerable groups
• SDBPs (Strong Diverse Business Practices): Companies that 
demonstrate robust diversity through established policies 
and implemented processes, including:
• A Supplier Diversity Programme that addresses gender, 
ethnicity, age, disability, and other minorities 
representation
• Governance and procedures that promote diversity in the 
workplace
• Targets and reporting mechanisms that monitor the 
percentage of women in both staff and management 
positions
• An Equal Pay Policy that aims for parity between men and 
women.
Currently, 44% of our supplier base consists of diverse 
suppliers. The breakdown is as follows:
• 5.7% are WOBs, MOBs, and WISEs
• 25.4% are SMEs 
• 13% are SDBPs.
Our goal is to increase the representation of MOBs, WOBs, and 
WISEs, aiming to reach 10% of qualified diverse suppliers by 
2030. In 2026, we will continue to expand engagement with 
SMEs, WOBs, MOBs, and WISEs, prioritising partners with strong 
diversity strategies and governance structures.
Our Procurement and Supply Chain team monitors potential 
suppliers for compliance with our diversity criteria. When a 
supplier qualifies as a diverse business and can provide the 
requested product or service, we are committed to inviting 
them to participate in tender awards, allowing them to compete 
on equal footing with other suppliers. A designated supplier 
diversity sponsor oversees compliance with the Supplier 
Diversity Programme, builds a diverse supplier pool, provides 
training to buyers, and tracks our progress against targets. 
Our Procurement and Supply Chain department manages all 
sustainability-related actions concerning workers in our supply 
chain, allocating resources to address our current IROs. 
Notably, all colleagues in this department have sustainability-
focused goals incorporated into their professional performance 
objectives.
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===== SIDA 228 =====

Measuring Progress on Sustainable S2-5
Sourcing Targets
Our approach to sustainable sourcing is guided by clear annual 
targets and measured performance, driving progress in supplier 
engagement, ESG integration, and supplier diversity.
To accelerate our impact, we have reinforced our commitments 
to the 2030 targets.
Our new targets:
• Supplier acceptance of our Ethical Code60: 
• 100% by 2025
• Strategic product suppliers evaluated via audit61: 
• 100% by 2025
• 80% via on-site audits by 2030
• Suppliers rated in ESG62: 
• 100% of strategic and important suppliers by 2025
• 50% of standard suppliers (>€100k spend) by 2030 
• Diverse suppliers (WOBs, MOBs, and WISEs) qualified63: 
• 10% by 2030 
These targets were originally set in 2021 and reassessed in 2025 
by the global Procurement & Supply Chain organisation and 
approved by the Board. 
Our targets were set using a practical, risk-based, and 
capacity-driven approach rather than a formal methodology. 
Supplier Ethical Code acceptance targets reflect our ability to 
roll out requirements across procurement. Audit and ESG-rating 
targets focus on reducing supply-chain ESG risks and increasing 
supplier engagement over time. Targets for diverse supplier 
qualification aim to promote diversity and inclusion within our 
supplier pool. 
Progress against these targets is monitored quarterly through 
defined performance indicators, allowing us to track 
implementation, assess effectiveness, and support continuous 
improvement across our supplier base64.
Our performance in 2025:
• 99.96% of suppliers registered in the eSourcing Tool and 
qualified to do business with us have signed the Supplier 
Ethical Code.
• 100% of our Strategic Product suppliers have been audited by 
our Procurement Organisation, and 45% were evaluated via 
on-site audits. For more information regarding supplier 
audits, please refer to the Due Diligence Process
 section 
under S2-4.
• 100% of our Strategic and Important suppliers qualified in the 
eSourcing tool (Jaggaer-Bravo) have been rated in ESG, and 
17% of standard suppliers (>
€100k spend) qualified in our 
eSourcing tool have been rated in ESG.
• 5.7% of enterprises qualified to do business with us are 
women-owned, minority-owned, and work integration social 
enterprises. Detailed information can be found in the Supplier 
Diversity Programme section of this chapter.
In October 2025, we successfully achieved an 82% in the ISO 
20400 Sustainable Procurement audit review (vs 79.5% in 2024), 
and we aim to confirm this guideline standard in 2027. 
These targets align with our commitment to the four strategic 
objectives of the UN Sustainable Development Goals, following 
the guidelines of the ISO 20400. These objectives have been 
clearly communicated to the organisation and are monitored 
regularly. Our four strategic objectives are:
• To minimise our impact on the environment
• To use resources efficiently
• To protect human and labour rights
• To promote access to opportunities and inclusion.
Sustainability Statement
Social Disclosures continued
226 Verisure plc | Annual Report 2025
60) Baseline year: 2021. Baseline value: 0% supplier acceptance of our Suppliers Standards & Ethical Code in 2021.
61) Baseline year: 2021. Baseline value: 0% strategic product suppliers evaluated via audit. In 2025, we added a target for on-site audits since the 100% of our strategic product 
suppliers have been audited online by 2025.
62) Baseline year: 2021. Baseline value: 0% suppliers rated in ESG in 2021. In 2025, we extended this target to standard suppliers as the target for strategic and important has been 
reached in 2025.
63) Baseline year: 2021. Baseline value: 0% suppliers qualified (including all types of diverse suppliers) in 2021. In 2025, we have reassessed this target in order to promote, among 
all diverse suppliers, WOBs, MOBs & WISEs suppliers. 
64) It should be emphasised that the workers employed by our suppliers are not part of our workforce, and our interactions occur with the representatives of their companies 
rather than directly with individuals within the value chain. They have not been engaged in setting the targets and are neither communicated on targets’ performance.

===== SIDA 229 =====

S3
Social Disclosures
Community
Impact
 Our Community Impact Approach and Strategic FrameworkS3-ESRS 2 SBM-3
As outlined in the ESRS 2 IRO-1: Our Double Materiality Assessment Process section of Our Sustainability Strategy, we have 
identified Community Impact as one of our ESG-related material topics.
Our identified IROs related to Affected Communities are presented below. The legend explaining the type of IRO, value chain 
location, and time horizon is provided in section ESRS 2 SBM-3: Our Material Impacts, Risks, and Opportunities.
ESRS Verisure 
Material Topic Impacts, Risks, and Opportunities Type of 
IRO
Value Chain 
Location
Time 
Horizon
S3
Community 
Impact
Direct and indirect job creation contributes to the social and economic 
development of local communities.
Community 
Impact
By harnessing our colleagues’ volunteering time, skills, expertise, and 
other resources, Verisure’s community impact initiatives promote social 
and labour inclusion for vulnerable groups.
Beyond providing peace of mind to our customers, Verisure is 
proud to make a significant positive impact in the communities 
we serve by promoting social inclusion and by creating direct 
employment opportunities for our colleagues and indirect jobs 
for our suppliers.
We also understand that our responsibility to society extends 
beyond the bounds of our business. The perspectives of our 
stakeholders that inform the identification of our IROs related 
to our community impact are addressed in the ESRS 2 SBM-2: 
Stakeholder Engagement and Priorities section of Our 
Sustainability Strategy and in the Section 172(1) Statement of 
the Strategic Report.
Verisure includes within the scope of its disclosures all affected 
communities that are reasonably likely to experience material 
impacts arising from our own operations and value chain 
activities. These communities primarily include local areas 
where we operate, as well as vulnerable individuals and groups 
supported through community initiatives and job seekers 
benefiting from direct and indirect employment opportunities. 
Impacts may arise directly through Verisure’s operations, as 
well as indirectly through business relationships with suppliers 
and partners. The material impacts identified primarily relate to 
specific groups within these communities, including vulnerable 
individuals and groups identified in our CSR Strategic 
Framework.
Our CSR strategy focuses on supporting vulnerable populations 
in need of protection in the communities where we operate, 
through volunteering and ad hoc initiatives. This approach 
enables us to make a significant difference by leveraging 
our expertise, geographical footprint, and the nature of 
our business.
We monitor metrics related to affected communities internally 
using operational and human resources data, and, where 
relevant, information provided by local entities and social 
partners involved in community initiatives. Our methodologies 
are based on consolidated reporting processes shared across 
our geographies, applying consistent definitions and 
calculation criteria for better comparability over time. These 
metrics are not subject to external validation or assurance.
Our global CSR strategy, formalised in 2023, provides a unified 
framework for guiding our social impact initiatives. This 
framework sets shared priorities while allowing local flexibility, 
supporting initiatives that foster inclusion, empowerment, and 
access to opportunities for specific vulnerable individuals and 
groups. It also enables us to respond to different community 
needs across our geographies, and helps us mitigate potential 
negative impacts.
Our ESG Operative Committee monitors and validates the 
impact of our CSR strategy at the Company level and manages 
its implementation across our geographies and functions. 
As part of the ESG structure, our ESG team oversees the 
development of the CSR strategy across our geographies, 
aiming to maximise positive impact by sharing best practices 
and implementing global initiatives.
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V e r i s u r e  p l c   |   A n n u a l  R e p o r t  2 0 2 5 227

===== SIDA 230 =====

Verisure Corporate Social Responsibility Strategic Framework
VISION/MISSION ‘We protect what matters most by having a positive impact on our communities.’
DIRECT 
BENEFICIARIES
More vulnerable populations in need of protection in our 
communities, including disadvantaged children, elderly people, 
vulnerable women, and other groups at risk of social exclusion.
INITIATIVES, 
PROJECTS
We leverage the time, expertise, and knowledge of our colleagues and close 
communities to enhance the safety and security of our communities both now 
and in the future. Additionally, we selectively offer our products and services for 
protection, along with targeted financial donations.
LEGAL 
UMBRELLA
We provide the appropriate legal vehicle for each initiative, Verisure, 
a foundation, an association, or collaborations.
GEOGRAPHIC
SCOPE
We focus on supporting the communities in the geographies where 
we operate. In exceptional cases, we also contribute to important 
global causes, focusing on the communities we are connected to.
Key Enablers
OPERATIONAL Values: Verisure 
Star CSR Policy Guidelines Collaborations 
with entities
TRACKING KPI Monitoring 
By collaborator. By project.
Governance
Decision-making on a global level, budget 
allocation, project approval
COMMS/ 
MARKETING
Logo & visual 
assets
External/Internal
Communication Best practice sharing
 Policies Related to Affected 
S3-1
Communities 
We uphold high moral, ethical, and legal standards in our 
business practices, understanding that how we engage is 
fundamental to our impact on our communities. In 2024, 
Verisure approved a global CSR Policy, making it accessible to 
all our colleagues. This policy communicates our commitment 
and engagement with communities across our footprint to 
colleagues and other relevant stakeholders. It also serves as a 
reference to guide the consistent implementation of CSR 
initiatives across all our geographies and functions. 
Our CSR policy supports key IROs, including direct and indirect 
job creation as a driver of social and economic development in 
local communities, and the promotion of social and labour 
inclusion for vulnerable groups through employees’ 
volunteering time, skills, and expertise. We embed oversight 
and monitoring of CSR-related commitments within our 
broader governance and control framework. This Policy should 
be read in conjunction with the Verisure Code of Conduct and 
the Verisure Anti-Bribery Policy.
The positive social impacts identified in our IRO assessment are 
intrinsically linked to the principles in our Code of Conduct, 
which establishes the ethical framework for the responsible 
delivery of our services. We are committed to upholding human 
rights and labour standards in the communities where we 
operate, both in our operations and throughout our supply 
chain. This commitment is guided primarily by our Code of 
Conduct and Speak Up Policy (see section S1-1: Policies Related 
to Our Workforce section in the S1 Own Workforce chapter), and 
secondarily by our Supplier Standards and Ethical Code, which 
is supported by our Supplier Due Diligence processes (see 
section S2-1: Policies Related to Value Chain Workers
 of the S2 
Sustainable Sourcing chapter).
Further information about Compliance governance, policies, 
and procedures can be found in section G1-1: Business Conduct 
policies and Corporate Culture of the G1 Ethics & Integrity 
chapter. 
 Community Engagement ProcessesS3-2
We engage with affected communities through both regular and 
ad hoc structured dialogue mechanisms, enabling us to identify 
needs, assess potential impacts, and align our actions with 
strategic priorities. Regular engagement occurs at least 
annually, whereas ad hoc engagement is initiated in response 
to specific projects, community needs, or significant 
developments related to our activities. We work with local non-
governmental organisations (NGOs) to identify and address 
specific social needs and opportunities related to 
employability, developing initiatives that align with our CSR 
Framework and are relevant to the communities we serve.
Sustainability Statement
Social Disclosures continued
228 Verisure plc | Annual Report 2025

===== SIDA 231 =====

Our CSR strategy is grounded in a strong commitment to 
building meaningful and lasting relationships with the 
communities where we operate, particularly by forming 
alliances that support vulnerable groups such as disadvantaged 
children, elderly people, vulnerable women, and other groups 
at risk of social exclusion. In France and Spain, this 
commitment is supported through dedicated associations and 
foundations that serve as key platforms for community 
engagement, working closely with local stakeholders to channel 
resources effectively and support initiatives that generate long-
term social value. In Spain, for example, we assess awareness 
and perception of our CSR initiatives through a biannual Brand 
Track survey, gathering insights from a representative sample 
of the country’s population to monitor progress and guide 
improvements. For more information about initiatives that 
generate a positive impact for affected communities, see S3-4
: 
Our CSR Impact. 
At Verisure, Human Resources Directors (HRDs) and country 
managers are responsible for driving effective community 
engagement under the leadership of our Chief Human 
Resources, Communications, and ESG Officer and our 
Management Team.
Finally, in Spain and France, our community impact strategy is 
supported by two corporate entities that enable us to focus our 
efforts and maximise the impact of our CSR performance: the 
Verisure Foundation and the Verisure Association.
Verisure Foundation in Spain
The Verisure Foundation, based in Spain, is a corporate 
foundation officially registered with the Spanish Ministry of 
Justice since November 2023. It plays a key role in implementing 
our CSR strategy in Spain and is committed to delivering 
projects that create a tangible impact in our communities.
At the Verisure Foundation, ethics and transparency are 
embedded in our DNA, guiding every action and collaboration. 
This commitment is reflected in our adoption of leading 
international compliance standards, which strengthen 
stakeholder trust and support the long-term sustainability of 
our work. To reinforce this approach, it obtained UNE 19601 
and ISO 37001 certifications, underscoring our dedication to 
compliance excellence and the prevention of criminal and 
corruption risks.
Verisure Association in France
In 2024, our French subsidiary officially established its 
corporate association, L’Association Verisure. The association 
supports a major national cause: assisting victims of domestic 
and family violence, particularly women and children. In the 
same year, l’Association Verisure launched a partnership with 
the French association ‘FEMMES avec…’ to support Verisure 
colleagues and customers who have experienced domestic 
violence. The Verisure Association has also been marked by rich 
exchanges and cooperation with numerous external 
stakeholders, including public authorities, judicial and security 
institutions, companies, and specialised associations.
 Our CSR Impact 
S3-4
Verisure’s CSR action plan is organised around global lines of 
action that provide a common framework for integrating 
initiatives across our geographies. Through these actions – 
community volunteering initiatives, direct and indirect job 
creation – Verisure reinforces its role as a trusted social actor 
and contributes to community well-being, while respecting 
fundamental rights.
The effectiveness of these actions is assessed through defined 
performance indicators, stakeholder feedback, and regular 
internal reviews, allowing us to monitor progress and adjust 
initiatives where necessary.
Verisure Volunteer Programme
At Verisure, we empower our colleagues to engage in the 
communities where we operate in community support activities 
by providing an increasing range of opportunities through our 
Volunteer Programme. The implementation timeline of the 
Verisure Volunteer Month is established on a yearly basis in 
line with local community needs and business growth.
We encourage our colleagues to dedicate their time and skills 
to volunteering activities, fostering a sense of belonging and 
pride in our collective efforts to support the communities we 
serve by living our DNA. 
In 2025, 1,659 Verisure volunteers, 597 more volunteers than 
in the previous year, dedicated a remarkable 6,340 hours, 
an increase of 1,997 hours compared to the previous year, to 
addressing community needs – living our DNA by Making 
a Difference. 
In 2024, we launched the Verisure Volunteer Month, a global 
initiative designed to unify and enhance our volunteer activities 
across all countries. During the second edition of the Verisure 
Volunteer Month in May 2025, we organised 67 volunteering 
opportunities that engaged 923 colleagues across our 
geographies.
The following examples illustrate volunteering initiatives 
supported across our geographies and focus areas:
With a strong focus on corporate volunteering, the Verisure 
Foundation in Spain partners with local NGOs and drives in-
house programmes aligned with our global CSR objectives. In 
2025, it reached more than 12,200 beneficiaries across Spain, 
thanks to the dedication of 598 volunteers, who contributed 
over 2,656 hours to social initiatives. Beneficiary data is 
compiled through post-activity reporting processes and 
information provided by partner organisations. While based on 
the available data, figures may include reasonable estimates 
and are subject to standard reporting limitations. These efforts 
include tackling school bullying, promoting employment 
opportunities for vulnerable groups, and addressing unwanted 
loneliness among older adults. As an example, over the course 
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Verisure plc | Annual Report 2025 229

===== SIDA 232 =====

of one week, a team of 19 volunteers took responsibility for 
operating the Teléfono Dorado, a national free helpline 
supporting older people experiencing emotional isolation. 
In Peru, colleagues participated in a volunteer activity in 
collaboration with the Asociación de las Bienaventuranzas, 
focused on fostering meaningful human connections and 
supporting local residential care homes. Volunteers improved 
the living environment through cleaning activities, supported 
daily operations by assisting in the kitchen, and spent time 
accompanying residents through conversation and attentive 
listening. This included creative spaces for painting and 
drawing activities to encourage self-expression and creativity.
Colleagues from Argentina invested their time supporting 
families in vulnerable contexts in collaboration with Hábitat 
para la Humanidad. Volunteers took part in implementing 
housing improvements in La Matanza, in the western area of 
Buenos Aires, as well as in Italy, where Verisure colleagues 
participated in a community initiative supporting older adults 
in collaboration with Associazione Salvamamme. Over two days 
in May, 50 volunteers dedicated their time and skills organising 
recreational and well-being activities designed to foster 
connection, inclusion, and joy among elderly participants. 
In Brazil, 60 colleagues participated in two social initiatives 
held in the city centre of São Paulo in collaboration with 
Associação Mãos na Massa. Across two days in May, we 
supported people experiencing homelessness through 
welcoming, active listening, and direct engagement. We 
distributed meals funded by Verisure, reaching approximately 
800 individuals. 
Finally, in Sweden, Verisure continued its collaboration with 
Östergötlands Stadsmission in 2025, where colleagues 
volunteered to refurbish one of the organisation’s supported 
housing facilities (HVB) in Linköping for women affected by 
gender-based violence and other vulnerable situations.
The Verisure Association in France supported Les Papillons, an 
organisation dedicated to helping children who are victims of 
domestic violence. In this context, a volunteer and solidarity 
initiative was organised, raising €11,420 through the 
involvement of 700 donation boxes placed by employees in 
partner local shops. In December 2025, Les Papillons organised 
another event for the children of Verisure employees, focusing 
on school bullying.
Verisure Academy for Protection
We provide comprehensive awareness, training and educational 
resources on CSR-related topics to our colleagues and external 
audiences, focusing on protecting vulnerable people across our 
footprint.
As part of the Verisure Academy for Protection, we launched a 
pilot training programme for our Alarm Receiving Centre (ARC) 
teams to identify and manage potential cases of gender-based 
violence, contributing to early detection and rapid 
communication with relevant authorities and supporting more 
effective and targeted emergency responses. The objective is to 
progressively extend this training programme to all local ARCs 
during 2026. This initiative aims to strengthen the capacity of 
frontline colleagues to recognise warning signs, respond 
appropriately, and act with sensitivity when handling alerts that 
may involve situations of violence against women. The initial 
pilot, with participants from the Spanish ARC team, reflects our 
commitment to responsible practices and to equipping our 
teams with the knowledge and tools needed to support 
affected individuals, while contributing to improved protection 
outcomes for vulnerable groups. Further information in relation 
to early detection and rapid communication to increase the 
efficiency of public security resources is addressed in S3-2
: 
Community Engagement Processes.
In France, the Verisure Association has implemented a domestic 
violence prevention and response programme for its 300 
managers. This programme highlights the impact of domestic 
violence, the importance of supporting victims, and its direct 
link to Verisure’s mission: protecting people. In 2025, this 
training programme continued to equip Verisure teams to 
respond appropriately when they witness, detect, or suspect 
situations of domestic violence, taking into account the realities 
of their roles. The training provides practical tools to identify 
risk situations, listen and respond appropriately, and take 
action without putting themselves at risk, while respecting 
professional boundaries and legal obligations. As a result, 474 
employees received one full day of in-person training across 
France. These sessions targeted teams in direct contact with 
those we protect, including sales managers, field maintenance 
teams, and monitoring centre teams. 
Job Creation
In relation to direct and indirect job creation that contributes to 
the social and economic development of local communities, we 
take pride in fostering opportunities for professional growth 
and greater social inclusion by creating jobs and offering career 
pathways in the regions where we operate. Job creation is 
intrinsically linked to business growth and monitored on a 
yearly basis. 
Over the past year, we have created 1,287 new jobs across 
Europe and Latin America, representing an increase of 868 jobs 
compared to the previous year. Additionally, as a result of the 
acquisition of ADT, 704 employees have joined our workforce, of 
which 20 represent newly created Verisure positions, distinct to 
former ADT employees. We provide meaningful career 
prospects that promote individual development and contribute 
to the well-being of families within our local communities. 
We firmly believe in employment as a powerful driver of social 
inclusion. As an example, members of the recruitment team and 
HR Business Partners in Argentina participated in an initiative 
in collaboration with Fundación EMPUJAR, supporting young 
people from vulnerable backgrounds in their first steps towards 
the labour market. Through virtual mock interviews, colleagues 
shared practical guidance on communication skills, navigating 
recruitment processes with confidence, and improving CVs to 
strengthen future applications. This initiative reflects our 
commitment to empowering young people and creating real 
opportunities for those at the beginning of their professional 
journey.
Sustainability Statement
Social Disclosures continued
230 Verisure plc | Annual Report 2025

===== SIDA 233 =====

Many of our colleagues, particularly in Sales and Operations, 
hail from diverse educational and professional backgrounds. 
We are committed to nurturing their potential by providing 
training and equipping them with the skills necessary for 
leadership and career growth within our organisation.
Our most significant investment in training is in our Sales and 
Operations academies, where we offer the most structured 
programmes, supported by a large number of internal trainers 
drawn from our top-performing sales managers.
Lastly, it’s important to highlight that most of our team leaders 
and managers in Sales began their careers in entry-level 
positions. This approach is a deliberate aspect of our business 
strategy, as we prioritise the growth and development of talent 
based on merit and motivation, rather than solely on 
educational qualifications. Job creation is an ongoing 
commitment aligned with the Company’s business growth 
strategy, with actions implemented continuously in line with 
operational needs. Further information about job creation is 
provided in section S1-6
: Representation of our S1 Own 
Workforce chapter.
Other lines of action
As a pioneering and transformative initiative in the fight against 
unwanted loneliness among older adults, Desoledad was born 
within the Verisure Foundation. It is a dynamic space for social 
collaboration that integrates knowledge, experience, and 
solutions, aspiring to become a benchmark in the fight against 
social isolation.
With the launch of the Desoledad report, Verisure Foundation 
has taken a further step: it represents a commitment to a 
comprehensive, preventive intervention model that places 
older people at the centre. Its main lines of action include 
providing purposeful emotional support, activating community 
networks for early detection of risk situations, and responsibly 
using technology to bridge the digital divide without losing 
human contact.
The next steps of the Desoledad project focus on strengthening 
its strategic framework through the creation of an Expert 
Committee to provide rigour and governance, launching in 
2026 a social innovation pilot to generate evidence on 
purpose-driven support for older adults, and deploying a 
structured line of socialisation initiatives designed to enhance 
community impact and enable future scalability of the model.
Finally, in addition to the CSR actions, we remain responsive to 
the urgent needs of our communities, such as natural disasters, 
by providing support to the communities where we operate.
 Measuring Progress on Community 
S3-5
Impacts
While Verisure has no externally communicated CSR 
quantitative targets related to affected communities, our 
approach to managing impacts, risks, and opportunities in 
our communities is guided by clear policies and long-term 
commitments related to our impact. Our ambition is evaluated 
through quantitative indicators disclosed in S3-4
: Our CSR 
Impact. We evaluate the performance and effectiveness of our 
actions in relation to the material IROs identified for affected 
communities through the following quantitative indicators. 
These metrics are monitored annually through the 
CSR reporting process and consolidated at Company’s level. 
Direct and indirect job creation contributes to the social 
and economic development of local communities.
The following metrics are used to assess performance and 
effectiveness in relation to this IRO:
• Total net employee hires
By harnessing our colleagues’ volunteering time, skills, 
expertise, and other resources, Verisure’s community 
impact initiatives promote social and labour inclusion 
for vulnerable groups.
The following metrics are used to assess performance and 
effectiveness in relation to this IRO:
• Number of employees participating in at least one 
volunteering activity
• Number of hours spent in volunteering activities by 
employees
• Number of beneficiaries reached
Beneficiary data is compiled through post-activity reporting 
processes and information provided by partner organisations. 
While based on available data, figures may include reasonable 
estimates and are subject to standard reporting limitations. 
In particular, beneficiary numbers may combine direct and 
indirect beneficiaries, and in certain cases rely on reporting 
methodologies defined by partner organisations. Our ambition 
is to increase the scale and reach of our community impact 
annually, strengthening volunteering engagement and 
extending the number of beneficiaries supported.
Established in 2023, the Company’s CSR Framework also marks 
our baseline year for measuring progress, while our community 
impact approach continues to evolve. As the framework 
continues to consolidate, Verisure will assess the feasibility of 
setting targets aligned with the nature of its community-related 
impacts and local contexts. 
Verisure assesses the effectiveness of its policies and related 
actions by monitoring its commitments through the actions and 
KPIs described in our CSR Impact. While the policy defines the 
overall scope, implementation and performance are tracked 
and evaluated against the established KPIs. Our policies 
provide a consistent framework across countries, enabling local 
teams to address community needs effectively and responsibly 
in line with our purpose and values.
Strategic Report Corporate Governance Financial Statements Sustainability Statement Additional Information
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