Preventing Corruption

 

We are confident in our own internal mechanisms for preventing corruption such as our Anti-Corruption policy, our crime prevention model, and our System of Internal Control over Financial Reporting.

We assume our commitment to fight against corruption in all its forms and carry out all our activities in accordance with the applicable legislation in all areas of activity and in all the countries where we operate. Our commitment to preventing corruption is reflected in the establishment of principles that govern the conduct of all our employees.

Our Anti-Corruption Policy

At TREE, we are committed to conforming to all regulations that prevent and fight corruption, according to the principles outlined in the Global Code of Ethics and Business Conduct. We also expand compliance not only to all of the employees belonging to TREE, but also to our business partners.

With the aim of preventing corruption, TREE is committed to performing all of its operations in accordance with the applicable laws in all areas, regions and countries of activity by respecting the laws.

 

Accordingly, TREE will:

  • Not exert any influence on the will or objectiveness of persons in order to obtain a benefit or rewards through practices that are unethical or contrary to applicable laws.

  • Not give, promise or offer, directly or indirectly, anything of value to any person or entity in order to obtain undue benefits for the Company.

  • Not allow any facilitating payment.

  • Not finance or support directly or indirectly any political party or its representatives or candidates

  • Not use donations to conceal undue payments.

  • Not request or unduly receive, directly or indirectly, commissions, payments or rewards from third parties as a result of investments, divestments, financing or expenditure made by the Company.

  • Pay special attention to those cases where there appears to be lack of integrity with any person or entity with whom we deal with, to ensure that TREE establishes business relationships only with qualified and reputable persons or entities.

  • Accurately record all financial transactions in the Company's books and records.

  • Promote internal training on preventing and combating corruption

Maritime Anti-Corruption Network

We are a proud supporter of the Maritime Anti-Corruption Network (MACN) which works to increase transparency and accountability and reduce corruption across the maritime industry.

http://www.maritime-acn.org/

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