Gearbulk ESG Report 2023 - Report - Page 62
GEARBULK
ANTI-BRIBERY AND CORRUPTION
ZERO TOLERANCE
OF UNETHICAL BEHAVIOUR
Gearbulk is dedicated to actively contributing to the global e昀昀ort
against bribery and corruption. This commitment is essential
to upholding our enduring values of sustainability and social
responsibility.
OUR AMBITION LEVEL
OUR TARGETS
sation carries not only the 昀椀nancial
Gearbulk commits to collaborate with
• Zero bribery and corruption actual
burden of non-compliance and poten-
its stakeholders to eliminate bribery
tial 昀椀nes but also results in numerous
and corruption in our operations.
WHY IT MATTERS
Unethical behaviour in any organi-
disadvantages for the communities it
serves. Beyond the immediate 昀椀nancial
consequences, such behaviour erodes
trust and tarnishes the reputation of
the organisation, impacting its relationships with stakeholders, customers,
and the public. Additionally, unethical
practices can lead to suboptimal
service delivery and a negative impact
on the quality of products or services
provided to communities. This, in turn,
hampers community well-being and
can contribute to a broader erosion of
societal trust in institutions.
62
PART 4 – GOVERNANCE
incidents.
• Regular training on anti-bribery and
corruption for all employees.