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of th<strong>is</strong> policy <strong>is</strong> <strong>in</strong> any manner used aga<strong>in</strong>st you, you<br />

should contact your superior or the Head of Internal<br />

Audit Corporate.<br />

4 Personal conduct<br />

4.1 Behaviour based on mutual respect<br />

As a <strong>Hydro</strong> employee or Board Member, you are<br />

expected to conduct bus<strong>in</strong>ess <strong>and</strong> generally behave<br />

impeccably towards bus<strong>in</strong>ess associates, colleagues,<br />

<strong>and</strong> others. Th<strong>is</strong> <strong>in</strong>cludes be<strong>in</strong>g sensitive to<br />

<strong>and</strong> respect<strong>in</strong>g foreign cultures <strong>and</strong> customs.<br />

<strong>Hydro</strong> does not accept any form of harassment,<br />

d<strong>is</strong>crim<strong>in</strong>ation or other behaviour that colleagues or<br />

bus<strong>in</strong>ess associates may regard as threaten<strong>in</strong>g or<br />

degrad<strong>in</strong>g.<br />

4.2 Intoxicants<br />

<strong>Hydro</strong> <strong>is</strong> a drug-free workplace. Accord<strong>in</strong>gly, you<br />

may not be under the <strong>in</strong>fluence of <strong>in</strong>toxicat<strong>in</strong>g substances,<br />

<strong>in</strong>clud<strong>in</strong>g alcohol, while at work for <strong>Hydro</strong>.<br />

Limited amounts of alcohol may, however, be<br />

served when the local custom <strong>and</strong> occasion makes<br />

it appropriate to do so, <strong>and</strong> provided that the<br />

consumption will not be comb<strong>in</strong>ed with <strong>operat<strong>in</strong>g</strong><br />

mach<strong>in</strong>ery, driv<strong>in</strong>g or any other operation that <strong>is</strong><br />

<strong>in</strong>compatible with the use of alcohol.<br />

You shall refra<strong>in</strong> from us<strong>in</strong>g, or encourag<strong>in</strong>g<br />

others to use, <strong>in</strong>toxicants <strong>in</strong> a manner that can place<br />

the user, <strong>Hydro</strong> or any of its bus<strong>in</strong>ess associates <strong>in</strong><br />

an unfavourable light.<br />

5 Equal opportunities<br />

<strong>Hydro</strong> <strong>is</strong> committed to an <strong>in</strong>clusive work culture<br />

<strong>and</strong> appreciates <strong>and</strong> recogn<strong>is</strong>es that all people are<br />

unique <strong>and</strong> valuable, <strong>and</strong> should be respected for<br />

their <strong>in</strong>dividual abilities. <strong>Hydro</strong> does not accept any<br />

form of harassment or d<strong>is</strong>crim<strong>in</strong>ation on the bas<strong>is</strong><br />

of gender, religion, race, national or ethnic orig<strong>in</strong>,<br />

cultural background, social group, d<strong>is</strong>ability, sexual<br />

orientation, marital status, age or political op<strong>in</strong>ion.<br />

<strong>Hydro</strong> shall provide equal employment opportunity<br />

<strong>and</strong> treat all employees fairly. <strong>Hydro</strong> employees<br />

<strong>and</strong> bus<strong>in</strong>ess units shall only use merit, qualifications<br />

<strong>and</strong> other professional criteria as bas<strong>is</strong> for employee-<br />

related dec<strong>is</strong>ions <strong>in</strong> <strong>Hydro</strong>, regard<strong>in</strong>g for <strong>in</strong>stance<br />

recruitment, tra<strong>in</strong><strong>in</strong>g, compensation <strong>and</strong> promotion.<br />

They shall also show commitment develop<strong>in</strong>g<br />

programmes <strong>and</strong> actions to encourage a diverse<br />

organ<strong>is</strong>ation based on the pr<strong>in</strong>ciple of equal<br />

opportunity.<br />

6 Conflict of <strong>in</strong>terest <strong>and</strong> <strong>in</strong>tegrity<br />

53<br />

6.1 Fraud <strong>and</strong> conflict of <strong>in</strong>terest<br />

<strong>Hydro</strong>’s employees <strong>and</strong> Board Members shall not<br />

seek to obta<strong>in</strong> advantages for themselves (or related<br />

persons) that are improper or <strong>in</strong> any other way may<br />

harm <strong>Hydro</strong>’s <strong>in</strong>terests, whether or not th<strong>is</strong> constitutes<br />

crim<strong>in</strong>al fraud.<br />

You may not take part <strong>in</strong> or seek to <strong>in</strong>fluence<br />

any dec<strong>is</strong>ion under circumstances that can give r<strong>is</strong>e<br />

to an actual or perceived conflict of <strong>in</strong>terest. Such<br />

circumstances may be a personal <strong>in</strong>terest <strong>in</strong> the<br />

subject matter – economically or otherw<strong>is</strong>e – directly<br />

or through someone closely related.<br />

If you become aware of a potential conflict<br />

of <strong>in</strong>terest you shall, without delay, notify your<br />

immediate superior. Conflicts of <strong>in</strong>terest may not<br />

always be clear-cut, so if you are uncerta<strong>in</strong>, you<br />

should consult one of your superiors or the<br />

Corporate Legal Office.<br />

For particularly sensitive functions or areas<br />

of responsibility, each bus<strong>in</strong>ess unit should evaluate<br />

the need for rout<strong>in</strong>es to identify potential conflicts<br />

of <strong>in</strong>terest.<br />

6.2 Bribes, gifts <strong>and</strong> favours<br />

You shall not, <strong>in</strong> order to obta<strong>in</strong> or reta<strong>in</strong> bus<strong>in</strong>ess<br />

or other improper advantage <strong>in</strong> the conduct of bus<strong>in</strong>ess,<br />

offer, prom<strong>is</strong>e or give any undue advantage<br />

to a public official (or a third party) to make the<br />

official act or refra<strong>in</strong> from act<strong>in</strong>g <strong>in</strong> relation to the<br />

performance of her/h<strong>is</strong> official duties. Th<strong>is</strong> applies<br />

regardless whether the advantage <strong>is</strong> offered<br />

directly or through an <strong>in</strong>termediary.<br />

Gifts or other favours to bus<strong>in</strong>ess associates<br />

shall comply with locally accepted good bus<strong>in</strong>ess<br />

practice. Gifts <strong>and</strong> other favours can only be given<br />

or granted provided that they are modest, both with

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