At EthosEnergy, every transaction is meaningful and carries with it the opportunity and responsibility to act with Integrity. We are committed to conducting ourselves ethically and to making the “right” business choices in every situation.
As a culturally diverse company we use a shared set of beliefs to bind us together, that common element that each and every one of us shares. We refer to these as Our Ethos.
Our Ethos is the foundation upon which we built our company. It marks who we are and what we do, and more importantly, all five elements were selected and defined by our employees. Our beliefs define our company and how we communicate with our employees and customers.
EthosEnergy places a high value on Integrity, mutual respect and ethical conduct. We have a strong focus on conducting trade effectively and compliantly around the globe; in addition to, properly vetting and monitoring of all our third-party providers. The consequences of not properly monitoring our third-party providers include exposure to:
- Compliance risks such as violations of laws, rules or regulations or noncompliance with policies or procedures
- Reputational risks such as dissatisfied customers or public enforcement actions
- Operational risks such as losses from failed processes or systems, or losses of data that result in privacy issues
- Transactional risks, such as problems with service or delivery
- Credit risks such as the inability of a third party to meet its contractual obligations
Business Ethics Policy
We expect all our third-party providers to comply with our Business Ethics Policy. Our Business Ethics Policy is designed to help us meet our responsibilities and it sets out our principles and practices that guide us on how we should conduct our business globally both ethically and legally.
All our people complete Business Ethics Training and are required to complete an annual acknowledgement that they have read and understood the Business Ethics Policy. We expect the same from our third-party providers. We expect every person who represents our business to adhere to the Business Ethics Policy in their daily responsibilities. They have a duty under the Policy to report any improper or unethical conduct that they observe or suspect in connection with work.
Global Supplier Code of Conduct
In addition to the Business Ethics Policy, we expect all our suppliers to comply with our Global Supplier Code of Conduct. Our Global Supplier Code of Conduct is designed to help us meet our responsibilities and it sets out our principles and practices that guide our suppliers on how we should our business globally both ethically and legally.
We expect all our suppliers to complete Global Supplier Code of Conduct Training and are required to complete an annual acknowledgement that they have ready and understood the Global Supplier Code of Conduct. We expect every person who represents our business to adhere to the Global Supplier Code of Conduct in their daily responsibilities. They have a duty under the Policy to report any improper or unethical conduct that they observe or suspect in connection with work.
Business Ethics Helpline
At EthosEnergy we encourage our employees to let us know about activities that are illegal, unethical, dangerous or a conflict of interest. We ensure our employees are aware that their concerns matter and can be raised in confidence by calling our helpline for free, 24/7 on 0800 069 8042 or logging a concern on our portal here.