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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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