Case: Anti-corruption: New rules highlight grey areas

Growing exports go hand in hand with a greater risk of encountering dilemmas about corruption. As part of joining the UN Global Compact, Troldtekt already has an anti-corruption policy. The management will now work to future-proof these guidelines.

Troldtekt, CSR 2016 - Menneskerettigheder

"We must continuously consider anti-corruption as part of our commitment to the UN Global Compact."
Kent Vium Pedersen, export manager.

Most people realise that receiving a thick envelope containing a wad of banknotes from a supplier amounts to corruption. But what if the supplier invites you to a football match and dinner afterwards? Or if you invite a customer out to dinner following a business presentation?
A new set of guidelines aims to help salespeople, buyers and managers at Troldtekt to make a clear distinction between good business relations and corruption.
– We must continuously consider anti-corruption as part of our commitment to the UN Global Compact. In addition, we’ve entered markets where the risk of encountering corruption may be greater than in Denmark. Therefore, we have to have very clear principles in this area, says Kent Vium Pedersen, export manager at Troldtekt.

Keep things professional
Kent Vium Pedersen makes it clear that Troldtekt does not consider corruption a big risk on the company’s current export markets; nor has the company found itself facing any specific dilemmas about corruption. The new guidelines should simply be seen as due diligence.
– We must have a common set of guidelines of what’s OK, and what’s not. The biggest grey areas are relationship-building events. Here, our policy is that events must basically be professional before we issue or accept invitations. There should also be professional reasons for meeting our stakeholders, says Kent Vium Pedersen.
– It’s also important that we try to look at our company through the eyes of our external stakeholders. Even though something is or might have been normal practice in the construction industry, we must ensure that nothing we do conflicts with the guidelines on anti-corruption or our own policies, he adds.

Must be easy to understand
In preparing the new anti-corruption guidelines, Troldtekt has been inspired by a large Danish company which is also represented in many markets. During a presentation, Troldtekt’s sales team heard how this company has set out some relatively simple rules for its employees.
– It’s important that the guidelines are easy to understand to avoid situations where subjective assessments have to be made to decide whether or not something is OK. Of course, common sense is helpful in most cases, so it’s the tricky grey areas that we focus on,” says Kent Vium Pedersen.

FACTS:

Troldtekt and anti-corruption

  • The work on Troldtekt’s new anti-corruption guidelines has started, and will involve Peer Leth, CEO, Bo Pedersen, sales manager, and Kent Vium Pedersen, export manager.
  • Troldtekt’s CSR policy already contains principles within this area. For example, no employee may, without the Board of Management’s permission, accept gifts in excess of DKK 900.
  • Anti-corruption is one of the ten principles of the UN Global Compact, which Troldtekt has joined.