We want to do things the right way. We have clear standards for behavior in our business relationships and guidelines for when to report misconduct. These help us ensure fair and ethical behavior in our relationships and maintain our reputation for doing the right thing.
We train our employees in how to recognize conflicts of interest, bribery, fraud, harassment, discrimination and other forms of misconduct, and encourage our employees, business partners and other stakeholders to report any suspected wrongdoing or misconduct. Our external and independent misconduct reporting system, SpeakUp, can be used to anonymously report behavior or actions that may be perceived as violations of laws, regulations, or our code of conduct.
All reports to SpeakUp are translated into English from local languages and then forwarded by SpeakUp, maintaining anonymity, to the SVP General Counsel and the Head of Group Compliance, who initiate internal or external investigations depending on the type and severity of the reported violation. Proven violations are subject to disciplinary action including termination of employment and may be reported to local authorities for criminal prosecution. There are no negative repercussions for those who report suspected misconduct.
Atlas Copco has a zero-tolerance approach to bribery and corruption, including facilitation payments. We have internal controls in place to make sure that we conduct business with the utmost integrity, from requiring employees to sign their compliance with our Business Code of Practice/code of conduct to trainings in ethics and supplier evaluations.
In addition to ensuring a fair business environment and well-functioning economy, fighting corruption protects the company and its shareholders and positively impacts human rights and the environment. Corruption causes damage to the company and can cripple the governmental bodies and processes needed to safeguard human rights and the health of the planet.
Every one of us has a responsibility to protect our values, the company, the brand and each other.
When you suspect something isn’t right, you should turn to SpeakUp, our misconduct reporting system.