Our corporate governance is implemented based on principles in accordance with Welltec’s values
Code of Conduct
Our employees and officers should conduct their business affairs in such a manner that our reputation will not be damaged if the details of their dealings should become a matter of public discussion.
The commitment to excellence is fundamental to the philosophy of Welltec. This commitment to excellence means that employees share a common set of objectives and will benefit from the achievement of those objectives.
Human Rights Policy
We’re committed to respecting human rights, a basic set of standards to which everyone is entitled.
Our commitment is based on the International Bill of Human Rights (Universal Declaration on Human Rights, the International Covenant on Civil and Political Rights and the International Covenant on Economic, Social and Cultural Rights), the International Labour Organisation’s Declaration on Fundamental Principles and Rights at Work, the eight ILO Core Conventions on Labour Standards, the United Nations Global Compact and the Voluntary Principles on Security and Human Rights.
Diversity and Equal Opportunity Policy
We believe that diversity of people, skills and abilities is a strength that supports our business. We want to attract and retain people with different backgrounds and experience. It is our ambition to foster an inclusive work environment where diversity thrive in support of our purpose and values.
Environmental policy
We are committed to minimizing our environmental impact and continuously optimizing our performance. Our approach integrates proactive measures and circular economy principles – we focus on reducing greenhouse gas emissions, safeguarding air, water, and soil quality, and optimizing resource use through efficient energy, water, and material management. We design products for long-term performance and promote responsible waste management across all operations.
Anti-bribery and Corruption Policy
Welltec recognises that bribery and corruption have a detrimental effect on communities wherever they occur. Bribery is a criminal offence in most countries in which Welltec operates, and corrupt acts expose Welltec and its employees to the risk of prosecution, fines and imprisonment, and reputational harm. It is Welltec's policy to comply with all anti-bribery and corruption laws of the countries in which we do business.
Privacy Policy
Welltec Group and its affiliates are committed to ensuring your privacy is protected. We may obtain personal information about you through our communication channels. This Privacy Policy explains how we may collect information about you and how we process this information.
Quality Policy
We believe that commitment to excellence combined with individual responsibility and accountability gives us a solid framework of measures and systems that allows us to deliver a product and service of the highest possible quality to our stakeholders.
Through communication and dedication, education and training, we’re continually developing our organisation, giving us a platform to deliver the performance required to achieve our objectives.
Welltec® is ISO 9001 certified by DNV-GL.
Health and Safety Policy
Any injury, or near miss incident is subsequently noted in our incident reporting system, and statistics of performance in Health and Safety are maintained and analyzed. Throughout the organization we operate a Safety Card Observation Program (SCOP), ensuring the implementation and improvement of safe working practice.
The whistleblower system
The Welltec® Reporting System enables anyone to report possible violations of laws or company policies in relation to companies of the Welltec® Group, anonymously if desired. The Reporting System – which is an electronic application – is open to all our employees as well as third parties such as customers, suppliers, and other related persons.
The Norwegian Transparency Act
The Norwegian Transparency Act (Åpenhetsloven), effective July 1, 2022, promotes human rights and ethical business practices. It requires large and medium-sized companies to assess and disclose risks related to human rights and working conditions in their supply chains.
Legal notice
We at Welltec protect our intellectual property and prohibit unauthorized use. Our website is provided for informational purposes without warranties, and we are not liable for losses from its use or third-party links. We take measures against cyber threats and are committed to safeguarding your privacy through responsible data collection and processing.