Anti-corruption

As a company, NKT Flexibles is an integral part of the surrounding community. A significant number of employees are engaged directly in external activities and relations, and our company form the basis for many other jobs in companies and institutions with which we do business. In the light of the social importance of our activities we have a special responsibility to run the company on a healthy and sustainable basis within the framework established by the community.

We see corruption as a major challenge across the board, as in some areas it is an almost integral part of doing business. As a globally active company we operate in parts of the world where corruption and payment for furthering personal interests is virtually non-existing, and in parts of the world where such practice is a regular occurrence.  

We wish to reduce the negative effect that corruption has on fair competition. Corruption distorts healthy competition in which technology, quality, price and supply constitute the primary decision-making parameters. Furthermore, corruption is by its very nature a hidden activity and, therefore, runs counter to our ideas on conducting business as transparently as possible.

Last but certainly not least, corruption invariably leads to a wrongful distribution of resources, and as corruption is particularly prevalent in poor societies, the effect of this corruption is even worse. Corruption is, therefore, a barrier to the development of a stable global society.