Compliance

Anti-corruption and competition law. Trelleborg’s Code of Conduct applies to all employees without exception. Together with the whistleblower policy, it constitutes an important linchpin for regulatory compliance in operations.

A cumulative assessment is that the Code of Conduct, together with Trelleborg’s Compliance Program, aligns well with both Transparency International’s guidelines on anti-corruption and with the Code of Business Conduct from the Swedish Anti-Corruption Institute.

Trelleborg has a zero tolerance policy toward all forms of corruption, including bribery and extortion, blackmailing, nepotism, racketeering and embezzlement. The contents of Trelleborg’s Group-wide Compliance Program have been continuously developed and, in addition to issues related to competition law, also include issues of anti-corruption, export control, data protection and employee relations, as well as matters relating to professional conduct and business ethics. 

7,237 individuals underwent training during the year in anti-corruption, competition law,  contract management and so forth. The clear increase in recent years is primarily the result of the launch of e-learning programs.