Responsible business conduct

Good businesses operate with honesty and integrity.

We’re dedicated to spreading awareness and promoting responsible conduct across all aspects of our business.


Why is good business conduct important?


At Ørsted, we respond to the financial, technical, commercial, and ethical challenges that we face every day, both as a business and as individuals. We do so by acting with integrity in our dealings with all stakeholders. Our good business conduct policy is intended to give guidance to all our employees on Ørsted’s expectations regarding their behaviour.

What are we doing?


  • We have zero tolerance of all forms of bribery, corruption, and kickbacks, given or received, direct or indirect. The nature of our business routinely requires that we interact with government officials and business partners around the world. Therefore, adherence to our policy on good business conduct is a key focus, both internally and with our business partners, and is promoted through policies, procedures, and reporting mechanisms.

  • All new employees must complete a mandatory e-learning course on good business conduct, which is repeated every two years.

  • Successful mitigation of potential antibribery and corruption (‘ABC’) risks has been a key factor in promoting overall business integrity at Ørsted. This is bolstered by our whistle-blower hotline, which handles all reported investigations promptly while also coordinating with affected areas and stakeholders. This provides a safe and confidential mechanism for anyone to report any concerns they might have within Ørsted and further supports good integrity within the business.

  • Our ‘Good business conduct policy’ (GBC policy) is intended to give guidance to all our employees on Ørsted’s expectations regarding their behaviour. The GBC policy, including supporting documents and procedures, makes up Ørsted’s anti-corruption compliance programme and establishes strict limits on our interactions with government officials and business partners. It also introduces other areas, namely competition law, financial regulation, personal data regulation, and securities law.

How are we doing?


We record the number of substantiated whistle-blower cases and how many were transferred to the police. Read on to find out how we dealt with these cases in 2023.


Key information 


Partnerships 

We’re part of the Confederation of Danish Industry’s Anti-Corruption Working Group and Sanctions and Trade Controls’ Group, where we share best practices and develop a useful network across industries.


International frameworks 

 

Governance 

Accountability for cybersecurity lies with our Head of Legal.

 

Policies

Our sustainability efforts

Embedding sustainability into our operating model

To be truly sustainable, we’re working to make sure sustainability is part of everything we do at Ørsted.