Business ethics
Our compliance and anti-corruption measures play a vital role as we work to protect the value we create for our customers, our investors and society.
Why business ethics matters
Corruption is considered one of our key compliance risks. It distorts opportunities for social and economic development and destabilises the business environment. It also adds to the cost of doing business while affecting external confidence and company morale.
Our ocean and logistics activities face corruption risks, primarily in the form of facilitation payments at ports and borders. For terminals, risks may arise during negotiations on concessions, or agreements to build and operate terminals as part of a country's infrastructure.
Our ambition
Our targets
Highlights in 2023
Priorities and actions
We manage our business ethics risks through our compliance programme and collective actions to fight corruption and ultimately eliminate facilitation payments.
Prioritising business ethics in our ESG strategy broadens our perspective on business ethics to encompass the responsibilities, opportunities and risks related to our work promoting sustainable trade and a better society.
Featured highlights and case stories
Maersk Code of Conduct
Our expectations towards our employees are clearly expressed in the Maersk Code of Conduct and Maersk Commit Anti-Corruption Rules and guidelines. These cover rules on travel, meals, hospitality, gifts and entertainment.
All employees must complete annual training on our Code of Conduct, and mandatory training on anti-corruption and sanctions. We carry out transaction testing and spot checks on an ongoing basis to identify and address risks or gaps.
Sustainability Report 2023
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