RESPONSIBLE BUSINESS PRACTICES

BW LPG is a global leader in maritime LPG and our reputation as a reliable provider of maritime energy transportation services is an assets. To that end, BW LPG is committed to maintaining high standards of integrity and to conducting our business and achieving operational and financial results in an honest, fair and transparent manner.

BW LPG works with a large number of customers and suppliers and our responsible supply chain management is based on the International Maritime Purchasing Association and on the UN Global Compact’s Ten Universal Principles which includes provisions on anti-corruption.

Procurement and Collaboration with Suppliers

BW LPG’s procurement policy ensures the procurement of quality materials and reliable services done in the a cost effective manner. All procurement transactions across the organisation are conducted in compliance with the company’s safety, quality and environmental requirements.

In order to achieve this objective we:

Vessel Screening

Quality Management

BW LPG follows a comprehensive quality management system involving our commercial, technical and finance departments.

Audits

BW LPG is a member of the Maritime Anti-Corruption Network (MACN), a global business network working towards the vision of a maritime industry free of corruption that enables fair trade to benefit society at large. MACN and its members promote good corporate practice in the maritime industry for tackling bribery, facilitation payments and other forms of corruption.

MACN collaborates with key stakeholders, including governments and international organisations, such as the United Nations Development Programme (UNDP), to identify and mitigate the root causes of corruption in the maritime industry.

Fighting Corruption

Our commitment to integrity is enshrined in our Code of Conduct, which employees are familiarised with at the commencement of their employment and annually thereafter. Policies on Whistleblowing and Anti-bribery and Corruption are deployed across the organisation. We comply with the principles set out in the UK Bribery Act 2010. The following anti-bribery and corruption policy guides our interactions with suppliers, customers, members of the industry and other stakeholders at all levels of the organisation.

Our Policy Guidelines:

In order to achieve this we: