Corruption and bribery

ACTING WITH INTEGRITY

Corruption and bribery

We do not engage in corruption and we never pay bribes regardless of who we’re dealing with or what the local custom or practice is.

Our key Values to consider

  • Safety
  • Openness
  • Integrity
  • Simplicity
  • Responsibility
  • Entrepreneurialism

What does our commitment mean in practice?

We never request, accept, offer, provide or authorise bribes of any kind, including facilitation payments. A bribe can take the form of gifts, entertainment, travel, signing bonuses, job offers, rebates or “kickbacks”, loans, fees, services, donations or favours
We’re careful to ensure we only work with business partners that share our commitment to ethical business practices and conduct
We ensure all gifts and entertainment are in good faith, occasional, reasonable and appropriate and that they are not given with the intent of influencing the recipient’s decision making or gaining an improper business advantage
We’re especially careful in our dealings with public officials to avoid any perception of bribery, including in the exchange of any gifts and entertainment with them
We don’t contribute to any political campaign, party, candidate or their affiliated organisations
We set realistic business objectives and do not expose our people to bribery and corruption risk by putting pressure on them to meet unrealistic targets or deadlines
We recognise colleagues who act with integrity and do not penalise them for losing business as a result

Our external commitments

  • We are members of:
    • The Partnering Against Corruption Initiative (PACI)
    • The Maritime Anti-Corruption Network (MACN)
    • TRACE International
  • We support the Institute of Business Ethics (IBE)