Responsible Business Conduct
Western Bulk is committed to comply with national and international legislation and regulations as well as our internal standards.
RESPONSIBLE BUSINESS CONDUCT ("RBC")
As a company providing shipping services worldwide, Western Bulk recognizes its responsibilities as a global, corporate citizen. We aim to integrate RBC efforts into our daily operating and business practices, because the actions we take not only affect the long-term sustainability of our business, but also make us competitively stronger and enhance the value of our business in the future.
The Code of Conduct is approved by the Board of Directors, to further reflect WB’s emphasis on good corporate conduct (available below), in addition to abiding by applicable laws, rules and regulations. The Code of Conduct includes requirements and expectations related to i.a. confidentiality and communication issues, conflicts of interest and matters of integrity.
Western Bulk is a member of MACN
Western Bulk joined the Maritime Anti-Corruption Network (MACN) in 2013. Established in 2011, MACN is a global business network working towards a maritime industry free of corruption. Together with its more than 100 members MACN works to enable fair trade by: raising awareness of the challenges faced; implementing the MACN Anti-Corruption Principles and co-developing and sharing best practices; collaborating with governments, non-governmental organisations, and civil society to identify and mitigate the root causes of corruption; and creating a culture of integrity within the maritime community. Western Bulk actively participates in anti-corruption initiatives by implementing the MACN Anti-Corruption Principles.