Empowering compliance throughout the value chain

Compliance is essential to maintain trust as a thought leader in the circular economy. Being compliant means navigating a complex web of regulation that affects business operations while empowering employees and stakeholders to do the right thing.

14 May 2025

Compliance is essential to maintain trust as a thought leader in the circular economy. Being compliant means navigating a complex web of regulation that affects business operations while empowering employees and stakeholders to do the right thing.

– As many businesses right now, we are facing a multitude of new regulatory requirements more or less at the same time. We are dedicated to updating our organisation with the infrastructure needed, says Fanny Hagbom, Head of Compliance at Ragn-Sells Group.

Ragn-Sells strongly welcome increased regulation on value chain transparency such as the EU’s Corporate Sustainability Reporting Directive (CSRD).

– Transparency requirements in the value chain is good for all serious business actors. All businesses have challenges in their value chains. What matters is being open about these challenges and efforts to manage them, says Fanny. 

"Compliance is about ensuring a licence to operate – and about creating business opportunities. Companies that identify and address their sustainability challenges will be winners long-term”

Fanny Hagbom, Head of Compliance at Ragn-Sells Group

During 2024, Ragn-Sells initiated a comprehensive process to update our Code of Conduct to be better suited for a new regulatory landscape. The updated Code of Conduct will be an umbrella for all compliance initiatives and is planned to be launched in 2025.

– The main purpose with the updated Code of Conduct is to clarify to all stakeholders what kind of company we are, and how we do business. I hope it will instil a sense of pride in the organisation and be an efficient tool for everyday situations, says Fanny. 

During 2024, the compliance function has developed from focusing on internal processes needed to be regulatory compliant, towards including customer related work and the entire value chain. Local contact points for compliance have been established on all markets.

– For me, the most exciting thing about compliance is that it is truly about change management. Most people want to do the right thing but are unsure how to navigate complex regulations. The job of the compliance team is to support and empower our colleagues and business partners to understand and follow new regulation, says Fanny.

Moving forward, focus will be on proactive, continuous, and long-lasting implementation of the updated Code of Conduct in order to integrate the guiding principles into all aspects of the business. In addition, EU regulation on data protection, such as cybersecurity, GDPR, and AI, will be even higher up on the agenda. 

– There really is no conflict between high sustainability ambitions and doing more business. The companies we partner with are responsible and sustainable. Together we can learn from each others infrastructure and know-how; while developing the way we do business, says Fanny Hagbom.

This article was published in Ragn-Sells’ 2024 Sustainability Report, which offers insights into our sustainability efforts, progress on seven key goals, and our vision for a circular and sustainable society. Download report here