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 its vision of a maritime industry free of corruption, where the members learn and share best practices to improve their anti-corruption programs. MACN also collaborates with key stakeholders, including governments, authorities, and international organizations, in markets where corruption is prevalent to its membership, to identify and mitigate the root causes of corruption in the maritime industry.