Since 2019, we prioritised enhancing awareness of ethics & compliance throughout the business, embedding our policies in our processes and strengthening the ethics & compliance function in our company. Our ethics & compliance function consists of a small team at our head office and compliance officers at each of the SHV Energy business units.

Engaging with third parties is crucial for our business. We engage with many third parties such as suppliers, agents, distributors, contractors, and joint venture parties. However, this also creates risks since organisations are held responsible not only for their own activities but also for the actions of the third parties they engage with. We therefore must be aware of the risks that the relationship with third parties can cause.  To determine whether it is acceptable to conduct business with a third party, we operate a company-wide process of third-party due diligence.