Although integrity and ethical conduct, and the continuous development of the processes related thereto, are important in all national and international business activities, their significance is particularly emphasized in the defense industry.

Patria Group’s reputation and long-term reliability as a partner – in Finland and in the international markets – are the foundation of profitable business operations and have a major impact on the net worth of the Group.

Our practices are based on universal principles of integrity, transparency, accountability and sustainable development. These principles are in line with Patria values and form the basis of Patria ethical business decision making and business conduct. These values are furthermore clearly reflected in the Patria Ethical Code of Conduct.

We are committed to complying with the applicable laws and regulations of the countries in which we conduct business. In case these applicable laws and regulations are less strict concerning ethical business conduct than Patria Ethical Code of Conduct and related guidelines and policies, Patria follows the Patria principles and requirements. Patria has zero tolerance for any unethical activity. We do not accept unethical or corrupt business conduct by our employees or business associates, and actively seek to prevent it and fight corruption.

As one way of ensuring responsible and ethical decision making and business practices, our Ethical Code of Conduct (and related guidelines and policies) defines our way of working in various situations. The Code applies to all Patria directors, board members, officers, employees and temporary workers, and is complemented by more detailed policies and guidelines. It is furthermore the duty of all directors, officers, employees and temporary workers to acquaint themselves with the complementary guidelines and policies as necessary. Patria provides these stakeholders training and information to ensure that these parties are aware of the ethical business conduct requirements of Patria.

Patria also expects its business partners and suppliers to comply with Patria ethical business conduct requirements, specifically the requirements concerning anti-corruption and anti-bribery.

Overall organization of the ethical business conduct related activities and processes as well as related monitoring and reporting procedures are described in the other Patria web pages concerning e.g. Board of Directors, Audit Committee, Risk Management, Raising Concerns, etc.

 

Read more about Patria's Ethical Code of Conduct