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The Code of Conduct is a globally applicable set of rules for all Metso’s employees and business associates, ensuring consistent decision-making in the everyday working environment and making Metso a responsible and trusted business partner. Metso’s Code of Conduct summarizes in a single document the topics that are important in terms of health and safety, human rights, sustainability, anti-corruption and integrity, trade compliance, information disclosure, and other relevant compliance areas.
In addition, Metso is committed to the following global initiatives that guide compliance management:
• UN Global Compact
• OECD Guidelines for Multinational Enterprises
• ILO Declaration on Fundamental Principles and Rights at Work
• UN Declaration of Human Rights
• UN Guiding Principles on Business and Human Rights
Metso’s commitment to human rights is outlined in Metso’s Human Rights Policy. Metso respects and is committed to operating in a manner consistent with internationally proclaimed human rights, including the UN Universal Declaration of Human Rights, the UN Guiding Principles on Business and Human Rights, the Ten Principles of the UN Global Compact, and the ILO Declaration on Fundamental Principles and Rights at Work. All employees are entitled to be treated fairly and with respect, and discrimination or harassment is not tolerated in any form. Metso does not accept or use any form of compulsory, forced or child labor, and respects all applicable laws and regulations regarding working hours and employee compensation. Metso’s Anti-Corruption Policy underlines zero tolerance towards bribery and corruption. Compliance is everyone’s responsibility at Metso, and a range of internal controls are in place to ensure compliance. Third-party agreements in place require that suppliers, business partners, and other stakeholders also follow similar standards.
Compliance management in 2024
Metso Code of Conduct training is carried out every year. By the end of the year, 99.0% (2023: 99.4%) of employees had completed the 2024 training. The annual Code of Conduct training is mandatory for all employees, as well as a mandatory part of onboarding for all new employees. In addition, third parties involved in sales are required to complete specific anti-corruption training to ensure a common understanding of Metso’s zero tolerance for corruption and bribery. We expect our suppliers to make every effort to comply with our Supplier Code of Conduct. In 2024, in addition to strengthening due diligence processes, Compliance provided customized compliance trainings with a risk-based approach for internal stakeholders to raise awareness of topical and key areas in compliance, such as trade compliance, conflicts of interest and human rights.