Ethics
Our company Ethics
It is our reference document, which conveys the way we work and the way we like to be viewed by our stakeholders – employees, shareholders, customers, suppliers and the community.
This Code of Ethics was created in 2020, allowing more direct address of the ethical issues that are very relevant today for Ocean Winds, and for its insertion in society in general, in such complex and demanding times.
The Code of Ethics must always be present in our daily lives, constituting a firm reference for our actions as people and as professionals and help us to act correctly. Our Code of Ethics applies, regardless of position, geographical location or functional hierarchy, to all OW employees and to OW’s business partners, representatives and suppliers who under any circumstances are qualified to act on behalf of Ocean Winds.
Is committee which is aimed at facilitating the OW Board of Director’s supervision and overseeing the OW ethics & compliance program.
Following the best practices of its sponsors, EDPR and ENGIE, Ocean Winds has adopted an Anti-Corruption Policy that is mandatory for all employees and business partners.
The Policy is based in OW strict zero tolerance for corruption and bribery and governs interactions with third parties, including public officials and private entities, and sets out clear rules on the offering and acceptance of gifts, meals, entertainment, travel, donations, and sponsorships. It also strictly prohibits political contributions.
The Policy aims to prevent any form of undue influence in business dealings and to ensure that no business advantage is sought or obtained through corrupt, unethical, or otherwise improper conduct.
With a view to build a responsible and sustainable Supply Chain, OW deems paramount to set clear expectations and standards for the behaviour and practices of the Suppliers, ensuring they align with OW values and ethical standards. This Code of Conduct addressed to Suppliers is intended to guide Suppliers’ behaviour to shape best practices and make a value-driven impact.
OW gives a voice to anyone who considers that certain conducts do not comply with our ethical standards, legal provisions or internal regulations, through the Speak Up Channel. OW Speak Up Channel welcomes the reporting of alleged violations, either to the Code of Ethics, or to all legal issues – among which those provided for in the Directive (EU) 2019/1937 on the protection of persons who report violations of Union law, – as well as internal policies and regulations.
This channel can be used by interested parties from any company in OW.
OW makes an explicit commitment to protect anyone who uses the OW Speak Up Channel in good faith and with justification from censure or retaliation by providing suitable processes, procedures and reporting channel for this purpose. These processes have been designed and implemented to ensure that the complaints are handled and managed with total security, independence, integrity, and privacy. Communication, which may be two-way, can be conducted anonymously and all personal data is protected.
Read OW Complaint Management Policy for further information on the rules applicable to the procedure for receiving, handling, resolving and recording reports of complaints received through the Speak Up Channel.
