COMBATTING CORRUPTION Corruption is a plague on both business and society. Jotun is committed to combatting it throughout its global organisation, promoting awareness while enforcing strict standards and uniform codes of conduct. Corruption damages business, hinders development, undermines the rule of law and contributes to poverty worldwide. In a corporate sense it has the capacity to destroy both reputations and the delivery of shareholder value. Jotun is committed to fighting corruption on every level. ONE JOTUN, ONE APPROACH Jotun adopts a stringent and systematic approach to corruption. The Group has a clear anti-corruption policy that every employee and all affiliated businesses must adhere to. In this way we can maintain our own high standards while acting as a beacon for other businesses – encouraging those we deal with to comply to the same values. Internally we strengthen our anti-corruption culture through: • Dilemma training – presenting realistic and market adjusted business scenarios to employees and providing them with the tools and expertise to make the right decisions, every time • E-learning – a dedicated online anti-corruption programme to enable greater understanding and preparedness • Reporting channels – employees are made aware of, and encouraged to use, clear whistle blowing procedures to highlight potential areas of concern • Business reviews – all companies regularly report on anticorruption activities in business reviews and board meetings, with the Group reporting yearly to the Board of Directors on work throughout the organisation • Standing strong – anti-corruption is an integral part of every new employees’ induction training, ensuring the correct mind-set from their first day onwards BUILDING STRONG FOUNDATIONS Differing countries present different risk scenarios regarding the potential for corruption. However, Jotun’s defence must be equally resilient regardless of borders. In 2016 the Group ran a series of workshops to instil the correct attitudes and understanding in targeted regions. A particular focus is on new places of business. Jotun Mexico, headquartered in Veracruz, was established in 2015 to serve the Marine and Protective Coatings segments. In a bid to communicate Group expectations and build vigilance from the outset, a series of anti-corruption initiatives have been conducted, including class room training facilitated by Jotun Corporate in April 2016. Employees joining Jotun in Mexico, and other new markets, form the foundations of their companies – helping to set the standards, practices and values that will define future growth. It’s therefore vital that the correct attitudes and procedures are embedded in these businesses from the outset. CONSTANT EVOLUTION Jotun takes a dynamic approach to anti-corruption, building on its long-term strategy through a range of continual improvements. In 2016, Jotun has: • Invested in strengthening the structure of its anti-corruption and compliance programmes • Developed new anti-corruption nano learning modules, connecting with our global workforce in a clear, effective and easily accessible format • Created new anti-corruption reporting tools, enabling easier overviews of programmes and actions across Jotun • Tailored an on-going programme of continual improvement for 2017 and beyond BEST PRACTICE Corruption can’t be fought in isolation – it demands a collaborative approach. Jotun works with Transparency International to further its aims of combatting corrupt business practices, while adhering to the United Nations Global Compact (UNGC) and contributing to a sustainable and inclusive global economy. 60 JOTUN AND SOCIETY
Jotun Group Report 2016
To see the actual publication please follow the link above