Odfjell’s management of supplier relationships is grounded in our corporate supplier conduct principles (CSCP), which set clear expectations for ethical business behavior, human rights, labor standards, environmental stewardship, and anti-corruption. All suppliers are required to adhere to these principles, with compliance reinforced through contractual commitments, due diligence processes, and ongoing monitoring. This approach ensures that our supply chain supports both operational excellence and our broader sustainability goals.
Our supplier management framework is further supported by robust compliance policies, including anti-money laundering and counter-terrorist financing (AML), sanctions, antitrust and competition compliance, and insider trading. These policies apply to all employees, directors, and representatives, and are designed to safeguard transparency, integrity, and fair practices in every interaction with suppliers and partners. Training, regular communication, and performance reviews foster long-term, resilient partnerships, while sanctions screening, know-your-customer (KYC) procedures, and integrity reporting strengthen oversight. Through this structured and proactive engagement, Odfjell builds trust, mitigates risk, and ensures that supplier relationships reflect the same high ethical standards that guide all our operations.
Read more about Governance and Supplier Relationships in our Sustainability Report:
