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BUSINESS ETHICS AND                                                                                             THE MSC CODE OF
        PROTECTION OF HUMAN RIGHTS                                                                                      BUSINESS CONDUCT
                                                                   THE UN GLOBAL COMPACT’S
                                                                   TEN PRINCIPLES
        MSC fully supports the Ten Principles of the United                                                             Over the years, MSC has earned the trust of its    the MSC Code of Business Conduct was held in the
          Nations  Global  Compact.  MSC  reiterates  its  commit-  Human Rights                                        customers and business partners by conducting its   headquarters for the first time in September 2015.
        ment in the areas of Human Rights, Labour, Environ-        1  Businesses should support                         business with integrity, in a fair and responsible manner.   Since then, it has become mandatory for all newcomers
                                                                      and  respect the protection
        ment and Anti-Corruption. MSC is dedicated to the             of internationally  proclaimed                    MSC relies therefore on its employees to act the same   as part of their onboarding programme to properly
        respect  and  the  implementation  of  corporate  ethical     human rights; and                                 way in their daily work. The MSC Code of Business   transmit MSC’s family values.
        practices within its business activities, relationships    2  make sure that they are not                       Conduct reflects the principles by which MSC does   A dedicated team of compliance experts within MSC’s
        with its partners, internal and external stakeholders as      complicit in human rights                         business and is a strong top-to-bottom message from   headquarters, the Compliance department, provides
        well as within its supply chain.                              abuses.                                           MSC’s senior management to all employees. The MSC   regular training to all MSC agencies on the MSC Code
        MSC respects internationally recognised human rights       Labour                                               Code of Business Conduct communicates to employees    of Business Conduct. Employees are made aware of
        defined by the Universal Declaration of Human Rights,      3  Businesses should uphold                          the correct way of doing business and empowers   human rights issues. They are required to exercise
        ILO  conventions,  including  the  ILO  Maritime  Labour      the freedom of association                        managers with a role model responsibility. It sets forth   care and control, especially over MSC’s suppliers and
        Convention, 2006, domestic laws, as well as interna-          and the effective recognition of                  the common standards of approved behaviours that   to escalate any suspicious or non-compliant situations.
        tional humanitarian laws such as the Geneva Conven-           the right to collective bargaining;               should lead MSC’s conduct in all its business dealings   An e-learning programme specially dedicated to the
        tions of 1949 and their additional protocols of 1977.      4  the elimination of all forms of                   worldwide and that should guide employees when    MSC Code of Business Conduct is currently being
        MSC’s commitment towards the protection and the               forced and compulsory labour;                     interacting with each other or with MSC’s stakeholders   developed to facilitate a better reach globally. It will be
        promotion of human rights is endorsed by the  Aponte       5  the effective abolition of child                  in the area of human rights, environment and business   made available during 2017.
        family, who has incorporated the Ten Principles of            labour; and                                       ethics. In many countries where MSC operates, such   Within each MSC agency, one employee was appointed
        the  UN Global  Compact  into  MSC’s core  values.         6  the elimination of discrimination                 standards may go well beyond compliance with laws   as the Code of Business Conduct Coordinator. This
          Accordingly, MSC is re-assessing the Group’s strategy       in respect of employment and                      and regulations. MSC aims at preventing miscon-  person is responsible to make sure that all the MSC
        and there is an ongoing centralisation process within         occupation.                                       ducts and behaviours which are not in line with MSC’s    agency’s employees have read, understood and have
        MSC’s headquarters. This aims to enhance the trans-        Environment                                          values from happening and at protecting the employees   been trained on the MSC Code of Business Conduct.
        parency  of  the  actions  that  have  already  been  taken   7  Businesses should support                      and communities’ rights.                      This person is also responsible for monitoring the
        worldwide on these topics. The global harmonisation           a precautionary approach                          The MSC Code of Business Conduct was introduced in   observance of the MSC Code of Business Conduct
        process is presently being led by MSC’s senior man-           to environmental challenges;                      January 2015 with the strong support of MSC’s senior   locally and reports to the Compliance department. The
        agement at the headquarters in Geneva, Switzerland.        8  undertake initiatives to promote                  management, who made its implementation one of   Code of Business Conduct Coordinator has the full
        MSC’s strategy includes, but it is not limited to,            greater environmental                             the company’s main priorities. The MSC Code of Busi-  support of the Agencies’ Management, the Regional
                                                                      responsibility; and
        the  global implementation of the MSC Code of Busi-        9  encourage the development                         ness Conduct is available on MSC’s public website    Management and the Compliance department. In
        ness Conduct, the insertion of specific contractual           and diffusion of environmentally                  (https://www.msc.com/che/sustainability/governance)    2016,  there were  141 Code  of  Business  Conduct
        requirements imposed upon MSC’s business partners,            friendly technologies.                            and Intranet. It constitutes a framework to help all em-  Coordinators worldwide. These coordinators represent
        the creation of a reporting channel and strong collab-                                                          ployees maintain the highest business ethics  standards.   a robust global network reporting to the headquar-
        oration with the Corporate Internal Audit department.      Anti-Corruption                                      MSC expects all employees to fully adhere to and abide   ters in Geneva, safeguarding and promoting the MSC
        In the coming years, MSC plans to further improve and      10  Businesses should work against                   by the MSC Code of Business Conduct. It has been cir-  values around the world. The aim for 2017 is to focus
                                                                      corruption in all its forms,
        promote the integration of the Ten Principles into its        including extortion and bribery.                  culated throughout the company and translated into   on MSC’s external stakeholders with the creation of an
        business strategies and policies.                                                                               20 languages, to facilitate a better understanding and   MSC Supplier Code of Conduct for the MSC’s supply
                                                                   Source: www.unglobalcompact.org                      a global implementation.                      chain.
                                                                                                                        To enhance employees’ awareness, MSC invests in
                                                                                                                        training and e-learning processes. Specific training on








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