Anti-corruption and fraud
Royal Greenland undertakes comprehensive anti-corruption training of employees.
Royal Greenland trades in a global market, with many different stakeholders. It is therefore important that relevant employees are aware of the risks which their jobs may entail.
Risks and opportunities
At Royal Greenland we do not tolerate any form of corrupt behaviour. This might be tax evasion, money laundering, embezzlement or bribery. We operate in many different cultures and it is therefore crucial to clearly require the same code of conduct throughout the organisation.
To increase risk awareness, employee training is very important. If criminal activity is discovered in the company, the whistleblower scheme can be used.
Risks
- Involuntary involvement in a corruption case
- Receiving inappropriately large gifts
Opportunities
- Dilemma training of employees
- Opportunities for anonymous reporting
Goals and results in 2023
Goals
- Ensure that our emplyees are aware of the risks and consequences of corruption
- Prevention of complicity in corruption, abuse of power or violations
- Whistleblower scheme for Royal Greenland employees
Results
- There were no corruption cases in 2023
- Training of new employees
- One case has been reported via the whistleblower scheme
Ambition for 2030:
- The whistleblower scheme is active and has been expanded to include partly-owned companies.
