Corruption poses a threat against the rule of law, democracy and human rights because it undermines ethical and moral values.
In a global perspective, corruption is the greatest impediment to social and economic development in the third world. It engenders discrimination and impedes social justice. Corruption undermines fair competition (skews competition) and can cause companies to incur direct financial losses and destroy their reputations.
The corporate Board of Directors
and Executive Management
devote considerable attention to this topic, and KONGSBERG has zero tolerance for corruption. Anti-corruption is an area in which we maintain constant focus on prevention, risk reduction measures and the identification of non-compliance.