Anti-Bribery and Anti-Corruption
Subsea 7 Group has an anti-bribery / anti-corruption (ABAC) compliance and ethics programme designed to prevent bribery and corruption by the company, its officers and employees, and any person who works for us or provides services for or on our behalf. Our compliance and ethics programme is informed and underpinned by our Values and our Board’s determination to conduct business ethically and in a way that is consistent with our Values: Safety, Integrity, Sustainability, Performance, Collaboration and Innovation.
Our ABAC programme is designed and implemented in accordance with international best practice, including:
The International ABMS Standard (ISO 37001, which Subsea 7 helped to develop)
The UK Ministry of Justice’s Guidance on Adequate Procedures to Prevent Bribery
US Federal Sentencing Guidelines regarding compliance programmes
The principles and procedures of our ABAC programme are outlined here. The programme is described in more detail below:
We welcome any questions or comments about our Compliance and Ethics Programme, which the CECO is available to discuss with you at any time.
Andrew Hayward, Chief Ethics and Compliance Officer
T: +44 20 8210 5555