We are a company that values ethics and compliance, adopting a Code of Ethics and Conduct that guides our business.
The Company’s ethics and compliance committee works to maintain a high standard of performance and transparency.
Code of Ethics and Policies
PRIO has compliance policies that guide the conduct of the company, its employees and business partners. The Anti-Corruption Policy provides instructions and guidelines for the prevention, detection, and handling of practices and/or conduct that may be or appear to be acts of corruption, bribery, or kickbacks.
The Anti-Money Laundering and Combating the Financial of Terrorism Policy guides the company’s conduct in relation to these issues.
Anti-Money Laundering and Combating the Financing of Terrorism Policy
Compliance Program
OThe PRIO Compliance Program is voluntary and is constantly being improved. It gathers principles related to prevention, detection and response, with the aim of guiding the conduct of employees and third parties who act on behalf of the company to conduct their activities ethically and with integrity and transparency.
The program not only provides tools that enable PRIO to identify and address integrity and compliance risks, but also serves as an instrument to fulfill the company’s goals and strategies.
Public Commitment
PRIO is a signatory to the Business Pact for Integrity and against Corruption, an initiative by the Ethos Institute for Business and Social Responsibility. The Compact’s guidelines are based on the Charter of Principles of Social Responsibility, the UN Convention against Corruption, the 10th principle of the Global Compact, and the OECD guidelines. The company’s commitment is to promote a fairer and more ethical market and to eradicate bribery and corruption.
Integrity Channel
PRIO provides a safe and independent channel for reporting unethical conduct or violations of the code of ethics and conduct, which will ensure the confidentiality of all reported information as well as
protection against retaliation.
Transparency and Confidentiality
The records reported in the integrity channel are handled impartially and independently by the PRIO Ethics Committee. The service is available on the employees’ intranet, on the PRIO website, and by calling +0800-326-0826.
