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We take pride in being a good corporate citizen, observing the spirit as well as the letter of the law in the countries in which we operate.
Corruption is not tolerated under any circumstances and we strongly encourage our staff, business partners and other stakeholders to report any wrongdoing or misconduct.
Corruption is both a cause of poverty and a barrier to overcoming it. For Atlas Copco, the fight against corruption is central to working with human rights and environmental concerns, since it can cripple the governmental bodies and processes needed to address these issues.
Atlas Copco has a zero-tolerance approach to bribery and corruption, including facilitation payments. We have a range of internal controls in place to make sure that we conduct business with the utmost integrity, from compliance with our Business Code of Conduct to training and supplier evaluations. When incidents are reported, firm action is taken on any violations.
The Group Ethical Hotline can be used by employees or external stakeholders to report behavior or actions that may be perceived as violations of laws and regulations, or of the Business Code of Practice. All reports are treated as confidential by Group Legal Counsel, with guaranteed anonymity for whistleblowers. There are no negative repercussions for an employee who reports a violation. For perceived human rights violations, Atlas Copco can arrange where necessary for mediation to provide access to remedy (the compensation given to the individual or community whose human rights have been infringed ).