HOME ABOUT US NEWS E-BUSINESS TRANSPORTATION CONTACT US LINKS MEDIA LIBRARY COSCO SHIPPING Lines (Greece) S.A. Code of Ethics and Business Conduct Introduction Scope of Application COSCO SHIPPING Lines (Greece) S.A. Code of Ethics and Business Conduct was designed under the initiative and responsibility of the Management in order to organize, document, report internally and externally and consistently implement values, policies and practices based on its four pillars: • Business Conduct and Ethics • Sustainable Development • Employees Rights • Occupational Health and Safety This Code is binding for our Employees and Executives and where appropriate, it may be selectively or in whole communicated to or accepted by Affiliates. It may also be required to provide proof of compliance. Non-compliance with critical areas of the Code may result to termination of the cooperation. This Code is a compliance framework, not a procedure. It sets boundaries, aiming to performance improvement through awareness and compliance of the affected Interested Parties. The pillars of the Code form a solid base for the Company’s business continuity, reduction of operational and compliance risks, as well as sustainable development, without underestimating the importance of operations, effectiveness and efficiency of COSCO SHIPPING Lines (Greece) S.A. Compliance The Code of Ethics and Business Conduct sets the minimum required basis for legislative and regulatory compliance with the Greek and European requirements. At the same time, it is compatible with the Group’s general policies on business conduct and ethics, environmental protection, occupational health and safety and respect of Employee rights. Certification standards at a Greek Company level are also a basis for defining the scope, content, and range of the Code. The internal Labor Regulation, as validated by the Ministry of Labor authorities, has also set the basis for the Code’s employment-related pillars. Finally, the international agreements and conventions to which Greece has acceded, such as the Millennium Development Goals for Environment (MDGs), the World Summit on Sustainable Development (WSSD), the EU Charter of Fundamental Rights, the Convention No. 155 on Occupational Safety and Health, the International Convention on the Rights of the Child and the Convention 190 concerning the Elimination of Violence and Harassment in the World of Work have also been taken into consideration. Interested Parties For the purposes of the Code, COSCO SHIPPING Lines (Greece) S.A. identifies as Interested Parties: • Direct and indirect Clients • Management and Shareholders • Employees • Partners – external Providers • Governmental and non-governmental authorities, related to the pillars of the Code • The local community from which the Employees and Associates of the Company arise, being also subject of any impacts as well as benefits from COSCO SHIPPING Lines (Greece) S.A. operation. Feedback from Interested Parties is a key point for improving the Company’s performance on the Code main fields. Business ethics General COSCO SHIPPING Lines (Greece) S.A. business ethics pillar is a synthesis of corporate rules and ethical values of our Executives, Employees, and Affiliates. Responsibility of our Company is to apply the elements of business ethics universally, with full awareness of our internal and external Interested Parties and the social implications in our field of business. Anti-corruption and anti-bribery policy The professional integrity of our Employees and Executives at all levels protects us from all kinds of corruption. We stand up against all forms of bribery, direct or indirect, from and to individuals, public or private organizations, domestic or foreign, including our group companies internationally. Bribery is considered as any monetary or non-material form or a form of a service or mediation aiming at rewarding irregular settlements or seeking favor. Hospitality or business gifts are only allowed if their value is extremely low, with no financial benefits, credits, travel and other recreational or equivalent benefits being excluded. Any incident, attempt or related information must be disclosed under confidentiality to the Management of our Company, which is committed to respond immediately. Independence and impartiality An event of breach of independence and impartiality principles is present when an Employee or Executive is systematically or exceptionally involved in the management of cases where his or her personal interests are in conflict with the policies, values, procedures and interests of COSCO SHIPPING Lines (Greece) S.A. Provided that an Employee or Executive may not be able to identify with certainty the potential existence of any conflict of interest, setting him/ her in a non-independent or non-impartial status, it is strongly suggested to address the Management promptly, in order to safeguard both the interests of the Company as well as the Employee or Executive himself/ herself. Clients and other Affiliates are respectively encouraged to report a potential conflict of interest to the Management of the Company. The independence and impartiality of Employees and Executives of COSCO SHIPPING Lines (Greece) S.A. are assessed prior to the recruitment and the assignment of duties of Employees or Executives, as well as before changes in their role or duties. Confidentiality Confidentiality refers to the protection of corporate, personal, Client data or external information from unauthorized or unnecessary disclosure. Disclosure may occur, indicatively and not restrictively, in case of written, electronic or oral transmission of classified information, original documents, quotes or paraphrases, in a positive or negative manner, which may lead directly or indirectly to violations of regulations, professional secrecy or know-how of COSCO SHIPPING Lines (Greece) S.A., other Group companies or other Affiliates or individuals. Any Employee or Executive who is in a state of uncertainty about the classification and management of information should be hierarchically consulted to make appropriate decisions that will ensure both the Company and other Interested Parties, as well as the Employee or Executive himself. Non-distortion of competition Non-distortion of competition extends to both the provision of services and the procurement of materials or services, implementing evaluation and selection procedures. At the service provision level, Employees and Company Executives abstain from any unfair and illegal practices under antitrust legislation, acknowledging that fair competition is a lever for market and technology development, protecting the consumer also. At the procurement and outsourcing level, Employees and Executives are sensitized, follow procedures and are also monitored to maintain confidentiality, to use objective criteria in evaluating and to safeguard the interests of the Company in a legal and fair manner. Sustainable development General According to the definition of ISO 14001 standard, our Company acknowledges as environment, everything that surrounds the ecosystem in which we operate, including air, water, soil, natural resources, flora and fauna, humans and their interactions. Environmental protection and reduction of any negative impacts weights our administrative decisions and corporate processes, aiming at the sustainable development of COSCO SHIPPING Lines (Greece) S.A. Sustainable development policies and procedures In order to support the sustainable development of COSCO SHIPPING Lines (Greece) S.A., we implement policies and procedures, including: • The implementation of an ISO 14001 certified environmental management system. • The compliance with the European and National environmental protection requirements. • The provision of training and awareness raising to our Employees and Executives. • The encouragement and audit of our critical Affiliates for compliance with environmental criteria. • The consideration of environmental criteria in procurement procedures. • The monitoring of environmental aspects and improvement of our environmental management system indicators. • The implementation of the principle “reduce, reuse, recycle”. Employee rights General For us in COSCO SHIPPING Lines (Greece) S.A., our human capital is the most important asset for our operation and development. Starting from the labor rights legislative requirements basis, we build a proper working and personal development environment for Employees and Executives, so that working in our Company is not just a means of livelihood, but a conscious choice and a sense of pride. Fair remunerations COSCO SHIPPING Lines (Greece) S.A. voluntarily subscribes and follows the Greek National Collective Agreement of the shipping agencies and shipping companies, which provides increased benefits to the Employees, recognizing their individual contribution to the development not only of the Company, but of the relevant industry in general. The individual contribution of our Employees to this goal is evaluated and rewarded through our personalized payments and allowances system. Equal Employment Opportunities COSCO SHIPPING Lines (Greece) S.A. Management applies equal opportunities policy for both employment applicants and Employees. Discriminations or abusive behavior based on gender, age, nationality, religious beliefs, health, political and social beliefs, financial and family status or any other relevant personal factors are not tolerated at any level in our Company. Our Company operates an online job applications tool on its website and evaluates in a non-discriminatory and participatory way the CVs and the personal interview results. Regarding the Company’s Employees, their career path and salary development is solely the result of the evaluation of their long-term effort and contribution to the Company on its needs and objectives. Data Privacy COSCO SHIPPING Lines (Greece) S.A. acknowledges and protects the personal data of its Employees and Executives, as well as of all counterparties, through appropriate organizational and technological measures. The Company fully complies with all European and Νational legislation on the protection of personal data, has assigned Data Protection Officer duties and has an open communication channel to safeguard the rights of personal data subjects. At the same time, it trains and sensitizes its staff on the identification and proper management of personal data. Child and forced labor COSCO SHIPPING Lines (Greece) S.A. does not apply child labor and forced labor, as defined in the existing European and National law and relevant international treaties. Identification of relevant malpractices by its Affiliates is a reason for the immediate cessation of the relevant cooperation. Occupational health and safety General Safeguarding and promoting occupational health and safety is a priority at COSCO SHIPPING Lines (Greece) S.A. Acknowledging that a potentially high occupational risk can have an impact on health and safety, we pay attention to identify and evaluate any potential impact as major, taking any action deemed as appropriate. Safety from physical hazards COSCO SHIPPING Lines (Greece) S.A. premises and safety processes are regularly audited by an authorized Safety Engineer, whose recommendations are addressed as soon as possible. The study and selection of equipment takes into consideration its safety features. Any safety issues identified by Employees or Executives are also reported and addressed, under the principle “Safety first”. The premises and equipment of our Company are designed, maintained, inspected and, where applicable, certified for their safety. The Company holds fire protection certificates and maintains adequate fire protection equipment, while buildings static strength and electrical safety are certified and controlled. Finally, cleanliness and hygiene in our workplaces are provided daily. Ergonomics Ergonomic factors, which can contribute to fatigue or occupational diseases of our Employees and Executives, are assessed by our Safety Engineer and Occupational Physician for compliance and improvement. Employees and Executives are encouraged to report to the Safety Engineer or Occupational Physician any health safety issues that may be owing to their working conditions, such as temperature, sit posture, lighting, ventilation, etc. Training and awareness raising COSCO SHIPPING Lines (Greece) S.A. regularly provides training and awareness raising to our staff on factors that may endanger their health and safety. Building evacuation drills are conducted periodically, and fire safety and first aid trainings are provided to the authorized personnel; all these are conducted with proper methodology and frequency, to ensure that the Staff remains alerted. Health insurance allowances COSCO SHIPPING Lines (Greece) S.A. acknowledges that the quality of health care is an important factor in cases when diagnosis or treatment is needed. Therefore, the Company provides to its staff, supplementary to the statutory social security, a custom designed and privileged group health insurance program, in collaboration with a respectable and reliable insurance company. Health and safety of our Employees and Executives is one of our ultimate values. Code review and monitoring Review This Code of Ethics and Business Conduct is reviewed annually by the Top Management unless a need arises sooner. COSCO SHIPPING Lines (Greece) S.A. aim is to continually improve and adapt the Code to the dynamic environment affected by changes in legislation, social values and priorities, Group policies, processes and the respective Customer Codes to which the Company is explicitly committed, provided they are not in conflict with all above, and/ or other respective dynamic factors. Monitoring The implementation of the Code is monitored as following: • Through the respective incident’s management, in a hierarchical way. • Through on-spot or horizontal internal audits. • Through group internal audits. • Through third party audits, assigned by COSCO SHIPPING Lines (Greece) S.A. to competent organizations. • Through Clients’ ethical audits. • Through audits performed by COSCO SHIPPING Lines (Greece) S.A. representatives to critical Affiliates. Any findings or reports / complaints can be addressed directly to the Company’s Management and will be analyzed and resolved at high priority. HEAD OFFICE Akti Miaouli 85 & Flessa 2 Piraeus, 18538, Greece Tel. +302104290810 Fax.+302104290808/9 email. info@cosco.gr Registration Number 44410207000 FOLLOW US SUBSCRIBE TO OUR NEWSLETTER Name Email I consent to the use of my information for the purpose of newsletter communication from COSCO SHIPPING, for more information please click here to visit the privacy rules of this site Copyright 2018 | COSCO Shipping Lines Greece SA | Privacy Policy | Quality and Environmental Policy | Code of Conduct By clicking "Accept” or continuing to use the site, you consent to the use of cookies or similar technologies. ACCEPT