CODE OF CONDUCT

 1. OBJECTIVE 

The objective of this Code of Conduct is to describe the corporate social responsibility requirements as well as the standards applying to personal conduct and business practice in the Alba Group (hereafter referred to as “the Company”). 

 

2. INTRODUCTION 

The Company owns and operates vessels in and between ports around the World. It is our duty to do all we can to always operate our vessels in the safest and environmentally sound manner. 

The success of the Company within our operations depends on trust at all levels and in all business environments. The Company business model is based upon trust and the quality of our service. We understand trust can only be achieved when high standard of business and personal conduct. 

Our Code of Conduct is to ensure that company services and activities are carried out in compliance with all applicable laws and regulations. 

To achieve our vision and mission we run the Company with passion for safety, environment, quality, and economy exceeding the expectations of our clients, employees and society at large. Our health, safety, security and environment (HSSE) goals are no accidents, no harm to people and no damage to the environment. 

The Code applies to all employees and its subsidiaries as well to temporary employees, hired contractors acting on behalf of the company. 

 

3. CONDUCT OF BUISNESS 

3.1 Quality of services 

Company Service to customers must meet the highest standard of quality and continuously build trust in what we deliver. The Company expects our employees to act in complete compliance with the law as well as with internal standards and practices. 

Employees must treat each other and any other persons, with whom they come into 

contact, with respect. Behavior of detrimental nature, such as harassment, discrimination, threats, and degrading actions, is prohibited, and any violations hereof will not be tolerated. 

3.2 Fair and open competition & anti-corruption 

Company policy is to compete vigorously and fairly, in full compliance with all applicable antitrust and competition laws. Legally protected information, as well as information that is relevant for competition, must not be disclosed to third parties. 

Company activities are subject to a number of anti-corruption laws, i.e., the 

Danish Criminal Code or “Country of operation” “Related to the country on where operation is conducted.” 

The Company must conduct its business in a fair and transparent manner. There is a zero tolerance policy against corruption. 

3.3 Working environments 

The Company is committed to protecting and advancing the health and well-being of its employees. 

The Company treat all employees fairly and with respect and will not tolerate any form of discrimination or harassment on the basis of gender, religion, race, national or ethnic origin, cultural background, social group, disability, sexual orientation, marital status, age or political opinion.

We value the unique contribution that each person brings to the Company. We accomplish more when people from diverse backgrounds and with different talents and ideas work together in an environment where everyone can contribute and make full use of their talents. 

• Treat everyone with respect 
• Encourage and listen to those who speak up 
• Be respectful of cultural differences 

The Company is committed to safety, protecting the environment and respecting the societies in which we operate. We are committed to avoiding damage to the environment and related impacts on societies. Our health, safety, security and environment (HSSE) goals are: 

• No accidents 
• No harm to people and 
• No damage to the environment 

3.4 Environmental impact 

Management and staff at all levels are committed to prevent pollution and to continuously improve operations and systems in all we do. To this end, we implement an environmental management system. Management reviews the system on a regular basis. 

We comply with all legal requirements applicable to our operations. We follow requirements from our charterers, insurers and class. We strive to implement recognized industry best practices relevant to our business. 

We communicate in an open, timely and factual manner. We employ a non-blame culture as there is no better way to learn as an organization. 

We encourage anybody to report any deficiency regarding safety and environmental issues. One way of doing this is through our web page “Open Reporting”. Reports can be made anonymously. 

We use clearly defined objectives and targets to fix our environmental position and plot the course ahead. We are truly committed to zero spills 

4. REPORTING OF MISCONDUCT 

Openness and discussion about ethical conduct is important to the Company. You are therefore encouraged to report concerns related to possible violations of the Code, as well as any other violations of law or company policy. Serious violations, such as cases of corruption and bribery, must be reported immediately. Reporting is a key part of ensuring that individual and systematic challenges to our business model and ethical requirements are handled in the appropriate manner as well as any form of sexual harassment.