Do Not Ask
We Will Not Give

Zero tolerance for bribery and corruption

BW LPG has zero tolerance towards bribery and corruption and we expect all employees and crew to conduct themselves with the highest standard of integrity. The Internal audit team audits various business processes in the company, reviewing any fraud or forms of bribery and/or corruption. Identified issues are brought up for discussion during the quarterly BW Group-wide ABAC to reinforce learnings and share corrective actions undertaken.

We have an Anti-Bribery and Anti-Corruption policy which abides by the principles set out in the UK Bribery Act 2010, and is applicable to all employees including the highest levels of leadership and crew at sea. The policy is also applicable to dealings with our business partners.

All suppliers engaged by BW LPG must also comply with our Supplier Code of Ethics and Business Conduct, which forms a part of every supplier purchase order and contractual agreement. Our Anti-Bribery and Anti-Corruption policy is communicated to all employees and crew through online training and assessment, and to our business partners through our contractual agreements.

Whistle-blowing channel

BW LPG has a whistle-blowing channel that is managed by an external party. This provides a safe and confidential avenue for employees to report suspected misconduct. Employees reporting in good faith is assured that anonymity is preserved according to applicable jurisdictions and the employee will not suffer retaliation or detriment. The hotline is available on our intranet, and reports can be made in multiple languages.

We strive to maintain open channels of communication with our stakeholders, and remain open to suggestions, ideas, complaints and grievances. A contact form is available on our website for external parties to reach us.

Commemorating International International Anti-Corruption Day

To commemorate the United Nation’s International Anti-Corruption Day annually, we issue a formal communication to crew and colleagues to remind everyone of the Company’s stand against bribery and corruption. We also regularly conduct e-surveys to understand the challenges of bribery and corruption as experienced by our crew, and share the results internally.

We are proud to report that for all years we have initiated surveys to understand the situation onboard, we have received 100% response from our vessels, and responses indicate high levels of understanding of our Anti-Bribery and Anti-Corruption Policy.

Targets and metrics

Targets

Our ambition is to uphold responsible and transparent business practices. Our strategy is to communicate our expectations for such practices clearly and transparently.

Metrics

To assess and manage governance-related risks and opportunities, we identify and track Key Performance Indicators (KPIs).