The core values of Pareto Securities are trust and quality. We are committed to conducting our business in a responsible, ethical and sustainable manner. To this end, we expect honesty, openness and integrity, both within Pareto Securities and in our dealings with all stakeholders.
Pareto Securities’ 2023 Sustainability Report presents pertinent information about our progress and focus areas within environmental, social and governance (ESG). We remain committed to our values and will continue to learn and improve within the ESG areas for the benefit of our clients, business, and society in the years to come.
Our success depends on the trust our stakeholders place in us. We are committed to operate our business ethically, responsibly, and within the confines of the law. We aim to enhance market integrity by improving best practice standards. Our Code of Conduct, which supersedes our previous Ethical Principles, is founded on the values of Pareto Securities. This Code of Conduct, along with our policies, procedures, and relevant laws and regulations, outlines our definition of responsible business and illustrates the way we aspire to work.
The world is changing, and Pareto Securities is changing with it. We are committed to taking our environmental, social and economic responsibility one step further. Doing business in a sustainable manner requires daily attention and commitment from all of us. Our principles for taking account of environment, climate and social conditions in our activities in order to underpin long term value creation are reflected in our Sustainability policy.
We strive to ensure that our commitment to business integrity, human rights and climate action is reflected in our dealings with all stakeholders. We seek an open and transparent relationship with our suppliers, business partners, and subcontractors, as reflected in our Code of Conduct for Business Partners and Suppliers. We hold ourselves to high ethical and legal standards and expect the same from those we work with.
We support and respect the protection of internationally proclaimed human rights. To maintain trust, meet our stakeholders' expectations, and contribute to society and the well-being of employees, we aim to carry out all our business activities in a manner that does not negatively affect fundamental human rights and decent working conditions. Our Human Rights policy describes Pareto Securities’ approach to managing Human Rights risks in our business operations and compliments our Ethical Principles, Anti-corruption policy and Diversity and Inclusion policy.
Our Transparency Act Statement for the financial year 2023 describes our organisation and area of operations, our guidelines and procedures for handling actual and potentially negative consequences for fundamental human rights and decent working conditions, and our performed due diligence assessments on fundamental human rights and decent working conditions. The Norwegian Transparency Act is based on the UN’s Guiding Principles on Business and Human Rights (UNGP) and the OECD’s Guidelines for Multinational Enterprises.
Pareto Securities is firmly opposed to corruption in all forms, including bribery and trading in influence. We believe that corruption undermines legitimate business practices, distorts competition, and poses risks to individuals. Our commitment is to conduct business with integrity, adhering to high ethical standards. We strictly prohibit anyone associated with our business from offering, giving, asking for, accepting, or receiving any form of bribe, including facilitation payments. Our zero-tolerance toward corruption is reflected in our Anti-corruption Policy.
We want our employees to challenge the ordinary and find great ideas. To achieve this, we depend on a workforce with a diverse mindset that contributes with different backgrounds and perspectives. Workforce diversity and inclusion are, therefore, key components in maintaining our strategic goals. Our Diversity & Inclusion Policy sets out that diversity and inclusion shall be integral parts of all aspects of our human resources work and is also meant as a guide to how we all are expected to behave to keep an inclusive workplace.
Our Gender Equality and Anti-Discrimination Statement for the financial year 2023 provides a summary of our initiatives and efforts towards promoting gender equality, combating discrimination, and the status of gender parity and compensation in 2023.
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