CORPORATE SOCIAL RESPONSIBILITY
Aker BioMarine’s business purpose is to develop the natural resource krill into value-added products for humans and animals. Long-term and sustainable development is essential for the company’s future.
Corporate Social Responsibility (CSR) is an integral part of Aker BioMarine’s culture. Key elements of our culture are that we act properly, but not arrogantly, we accept mistakes, but expect honesty and we do not expect more of others than of ourselves.
Aker BioMarine’s vision is to create a healthier lifestyle through responsible and sustainable decisions. The company’s core values – proud, determined, diverse and sustainable – underpin its CSR work. Making deliberate socially responsible decisions enable us to achieve profitability over time, while taking care of the environment and society. Responsible conduct will not be undermined by prospects of short-term gain.
The Compass is a practical tool that sets out Aker BioMarine’s main CSR principles in the areas of people, society, the environment and integrity. The Compass guides the group companies and employees on how to act in and navigate day-to-day situations, in a demanding global landscape. Responsible decisions demand orientation in a challenging landscape and the compass needle represents our values while the cardinal points designate our actions.
Code of conduct
Aker BioMarine shall be known for its high ethical standards by conducting its business with integrity, and respecting the laws, cultures, dignity and rights of individuals in all of the countries where we operate. We therefore expect the same of our business partners, including suppliers, advisors, government partners and others. Aker BioMarine’s Code of Conduct (download in English or Russian) states our requirements for business practices and personal conduct in and on behalf of Aker BioMarine.
Privacy legislation should, as a part of its broader purpose, ensure integrity and confidentiality in the processing and storing of personal data. Aker BioMarine safeguards the privacy of our employees and everyone we do business with when handling sensitive information.
The AKBM group is the world’s leading krill supplier and the only supplier that controls the entire harvesting and production process. We are committed to conducting our business with integrity and the highest ethical standards. In order to contribute to its commitment to integrity and the highest ethical standards, all of AKBM’s Suppliers (including contractors and all sub-tier suppliers) are required to indicate their commitment to the principles in a Supplier Declaration.
The Aker Compass
Responsible decisions demand orientation in a challenging landscape.
↑ Lead the way and contribute
We seize opportunities and use natural resources in a sustainable way to the benefit of society and health. We invite civil society, science community, NGOs and other sources of knowledge to take part in the development of the industry. This is how we create value for the benefit of our stakeholders and how we demonstrate responsibility.
→ Dare to surprise and accept adversity
We apply know-how and responsible conduct to develop our business. We have the courage and ability to think different and find new solutions. Daring projects may fail, but never in ethical matters. We expect openness and we learn from our successes and failures.
↓ Be a role model and stay courageous
Ethical conduct is our backbone. There is no doubt about what is right and wrong, although dilemmas can be many and difficult. We are role models who show courage, are open minded, and make demands on ourselves as well as others. Unethical behavior carries consequences.
← Show respect for others and their competence
We achieve results based on knowledge and experience. We seek solutions through diversity in knowledge and we pursue the best expertise wherever it may be found.
Building an Open Corporate Culture
Aker BioMarine treasures openness and transparency to maintain a corporate culture in which people deliver excellent results in a responsible manner.
Aker BioMarine has established a whistleblowing channel to better enable employees and others to seek advice and without fear of retaliation raise concerns or report instances of improper activities or misconduct, potential non-compliance with our Code of Conduct, other corporate policies, laws and regulations. Such improper activities or misconduct may include HSE violations, harassment, insider trading, money laundering, fraud, bribery and kick-back arrangements, or other breaches of Aker BioMarine’s Code of Conduct.
Raising a concern
Aker BioMarine employees are encouraged to first discuss any compliance matters internally with their immediate supervisor, a member of the executive management or the company’s Chief Compliance Officer (CCO Lars Jacobsen; email@example.com / +47 906 05 306). If such measures are not deemed to be sufficient, advice may be sought or incidents may be reported through the whistleblowing service provider (see contact information below).
Reports through the whistleblowing service provider will initially be received and handled by an independent third party; PricewaterhouseCoopers (PwC). PwC is dedicated to maintaining high ethical standards and will handle all submissions with confidentiality.
There are three possible ways to report a concern
- Fill in a form or
- Send an email to PwC: firstname.lastname@example.org or
- Send a letter to PwC: PricewaterhouseCoopers, Att. Gunnar Holm Ringen, P.O. Box 748 Sentrum, N-0106 Oslo, Norway
When raising a concern to the whistleblowing service provider, you may remain anonymous. However, it will be easier to follow up your concern if you reveal your identity. You may also remain anonymous towards Aker BioMarine while revealing your identity to PwC only. If you seek advice through the whistleblowing service provider, they need to be able to contact you back.
After processing a reported concern, PwC will make an initial report to Aker BioMarine’s CCO for further assessment of the matter according to a formal procedure. Even if you reported the concern under your name and may be contacted back, you may not be kept closely informed about the development of the case. Legitimate interests of confidentiality and privacy must be maintained throughout the process.
Unless you have elected to remain anonymous to all parties, you shall however receive a response within a reasonable period of time, and no later than upon closing of the case. This response will, to the extent possible, contain information about how the case has been treated and the outcome.
All incidents logged are formally closed by the Board of Directors in meeting.
Privacy information received through the whistleblowing channel is handled in accordance with the Norwegian Personal Data Act, the Norwegian Working Environment Act and accompanying regulations. This includes measures to ensure confidentiality of privacy information as well as routines for deletion of privacy information once the case is concluded.