Anti-Corruption

SHIELD’s anti-corruption principles and values is the foundation of its business practices when operating in conflict areas and in its day-to-day business.

SHIELD has a zero tolerance in relation to corruption, in all parts of regions and countries and in whatever form that may be encountered. This document is intended to build on our Ethics Policy and to clearly state the standards and principles required to ensure commitment to anti-corruption requirements within the countries in which SHIELD and its subsidiary companies operate.

SHIELD also consists of a Response Team which key responsibility is to investigate specific cases and is in charge of anti-corruption implementations for clients and in-house at SHIELD. Prevention of corruption and fraud through training and information is offered to all our employees and is one of our strength in also educating stakeholders.

Training is provided in the form of education in SHIELD’s anti-corruption program and test.

SHIELD holds strong emphasis on maintaining laws and regulations which are relevant to countering corruption and bribery in all the jurisdictions in which we operate, and we are very attentive in ensuring SHIELD is following laws and regulations that are relevant to our specific business practices. We encourage our employees to report if they encounter corruption.

The following laws and conventions is part of SHIELD’s day-to-day business.

• OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (1997)

• UN Global Compact – Principle 10 (Anti-Corruption)

• Foreign Corrupt Practices Act (US)