Corruption refers to the abuse of power for personal gain. The negative effects of corruption are wide-ranging. Corruption affects individuals, organisations, and society as a whole. It increases inequality, decreases accountability, and reduces political responsiveness. Corruption and bribery are harmful to business.

Corruption has significant negative impacts on human rights, such as undermining the independence and integrity of the judiciary. It can negatively impact freedom of expression, freedom of association, the right to education, the right to health, the right to basic services, and the right to work. It is therefore important to contribute to fighting corruption.

The Group has zero tolerance for corruption and money laundering. Lerøy has developed an Anti-Corruption policy and procedures that express the Group’s core values of integrity and responsibility, as well as aim to effectively counter corruption and money laundering. Taking appropriate measures to target these issues has been defined as one of the material topics for the Group.

Implementing anti-corruption measures is an integral part of our corporate responsibility. It helps to protect our reputation and the interests of our stakeholders.

Lerøy has completed a risk assessment for risks related to corruption within its operations.

The company has identified the following significant risks through the assessment:

The business and its profile (global sales in countries with high corruption risk);
Customers/distribution channels (large, global customer base with complex ownership structures);
Suppliers (large, global customer base with complex supply chain structures).

Risk assessments are completed annually or more frequently if necessary.

Lerøy reports compliance-related matters quarterly and, to the best of our knowledge, the company has not been involved in any negative impacts through our activities or as a result of our business relationships.

In 2024 there were no confirmed incidents where business partners were terminated or not reviewed due to violations related to corruption. No public legal cases regarding corruption were brought against the organization or the employees/ workers during the reporting period.  

The Group does not support individual political parties or individual politicians but does engage in public debate when in the interests of the Group.