Compliance
Code of conduct
Our Code of Conduct defines our core legal and ethical standards and applies to all employees in the Klaveness group.
The code provides a framework for our governance and defines the most important principles and ethical norms that form the basis for how we create value in our businesses and in how we conduct our business.
These principles and values are implemented in our governance documents
Klaveness counterparty code of conduct
Our Counterparty Code of Conduct defines the core legal and ethical standards we expect from our subcontractors, contractual counterparties and others we do business with.
The code applies to all contractual relationships through standard documents and clauses.
Reporting of concerns
As a subsidiary of Torvald Klaveness, we uphold the same values of openness and transparency. These principles are not only vital for a positive work environment and individual well-being but also crucial for optimal business operations. Consequently, we support whistleblowing concerning any blameworthy activities or circumstances within our operations.
Employees and others associated with our company, who suspect any blameworthy activities or circumstances (e.g., breach of applicable legislation) within our operations, have the right to and are encouraged to whistleblow. This also extends to any perceived violations of the Klaveness Code of Conduct, which we adhere to as a subsidiary.
Any employee who reports concerns in line with Section 2-4 of the Norwegian Working Environment Act and the Klaveness Guidelines for Whistleblowing will be safeguarded against any adverse reactions or "retaliation" due to their whistleblowing.
Whistleblowers have the option to remain anonymous. If you choose this route, you'll be provided with a username and password, allowing you to check the status of your case and communicate securely with the case handler. You can also decide to disclose your identity at any point during the case handling.
Membership in the Maritime Anti-Corruption Network (MACN)
MACN is a global business network working towards the vision of a maritime industry free of corruption that enables fair trade to the benefit of society at large.
Torvald Klaveness was among the founding members in 2011 and was actively involved in the formalisation process in 2012. MACN and its members promote good corporate practice in the maritime industry for tackling bribes, facilitation payments and other forms of corruption.
The members are vessel owners and other companies in the maritime industry including cargo owners and service providers.
As of 2019 the Network has more than 100 members and has become one of the pre-eminent examples of collective action to tackle corruption.