Business ethics and anti-corruption

Pandox’s Anti-corruption policy and Code of Conduct for employees form the basis for good business ethics and compliance with laws and practices. Ongoing training is needed to ensure compliance with the Policy and Code. Pandox therefore has a target for all employees to have completed Pandox’s digital training in the Code of Conduct. In 2021, 95 percent of all employees had completed the training. The training is to be completed by all new recruits and every three years by all employees. In the year ahead the training will be updated and developed.

Employees within Pandox’s Operator Activities segment complete business ethics and code of conduct training specific to their respective hotel brand. These are aligned with Pandox’s values and work in this area

Pandox also has a whistleblower system provided by an external party to promote an open culture where employees and external stakeholders are unafraid to report problems.