ETHICS AND COMPLIANCE

Comittment

We are committed to conducting our business in a responsible and sustainable manner. This means integrating environmental, social, and ethical considerations into our daily operations, decision-making processes, and long-term strategy.

We continuously work to reduce our environmental footprint, promote fair working conditions, and ensure that our business practices align with internationally recognized standards for human rights and responsible conduct.

Our Code of Conduct

Our reputation has been built over many years with great care, it is a valuable and precious possession and has given us the opportunity to establish a strong market position worldwide We want to maintain, and where possible, develop and build on our good reputation. We invest greatly in the development of our products and our employees, as well as the service we offer our clients in our international network.

Our Code of Conduct reflects our values:
Trust, Innovative, Knowledge, and Accountability

For more information, download our CoC.

Sanctions and Export Control

We are committed to full compliance with all applicable sanctions, trade restrictions, and export control laws. Our process-driven approach promotes transparency, accountability, and reliability — so compliance is not just a requirement, but a core part of how we operate.

Whistleblower policy

The EU Whistleblower Directive (Directive (EU) 2019/1937) has applied to EU companies since 18 December 2023 and has also been incorporated into Norwegian law. The new law contains rules for both employees and employers.

As part of holding company, Salor Spakenburg B.V., our whistleblowing policy and reporting systems are designed to ensure alignment with our corporate procedures and governance standards.

We foster a ‘Speak Up!’ culture where employees and other external stakeholders can raise concerns. We reinforce this by providing clear reporting channels, protecting confidentiality, and ensuring every voice is taken seriously and acted upon.

The regulation also gives employees (and other reporters) the opportunity to report, both internally and externally, (possible) abuses and violations of EU law in an organisation.

We would like to encourage all colleagues to report (suspected) abuses via the portal: Salor Spakenburg B.V. (integrity-speakingup.com). This can also be done anonymously. An anonymous report can be made via the portal.

In the event of an anonymous report, the management, your supervisor and colleagues from Teknotherm Marine AS cannot retrieve the details of the reporter in any way. The organisation has deliberately opted for an external programme to encourage all potential reporters to make a report.

On our website you can consult the Whistleblower Policy of the SALOR group, if you have any questions about this you can feel free to contact the Compliance Department of Salor via compliance@salor.com

Transparency Act

As required in the current Norwegian Transparency act, Teknotherm Marine carry out a yearly “Due Diligence” in order to identify and assess potential adverse impacts that Teknotherm Marine has either caused or contributed towards.

The results of this analysis, performed yearly for the period 01.01 – 31.12 and released within 30th June the following year can be found through the links below: