Code of Ethics

Nyhetsbrev

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Our Code of Ethics contains general principles for precautions and applies to all members of governing bodies, all employees of the Savings Bank Foundation DnB NOR and the Foundation’s subsidiaries.

The Savings Bank Foundation DnB NOR is an independent foundation with the long-term objective of encouraging and promoting positive developments in society.

Such a point of departure designates that in all its fields of work the Foundation should not simply comply with laws and regulations − in its ethical capacities it should lead the way in developing front-running practices.  

We act as follows:

The Savings Bank Foundation DnB NOR shall exhibit special caution in any situations that could trigger questions about our integrity and independence.  

Nobody shall participate in or attempt to influence a decision when the particular circumstances could undermine confidence in his or her independence.  Every individual is responsible for ensuring that no such situations arise.

Nobody should demand, receive or accept offers that can be associated with inappropriate advantages from the Savings Bank Foundation DnB NOR’s contacts or from anyone else.

If anyone has doubts about whether or not an advantage could be deemed “inappropriate” they should consult their immediate superior.  This line manager will then carefully assess whether or not the employee´s integrity or independence − or the Savings Bank Foundation DnB NOR’s reputation − might be threatened if the advantage were to be accepted.  Individuals are ultimately responsible for their own actions.

Confidentiality is an essential proviso for trust.  Everyone is subject to professional secrecy in confidential matters about the Savings Bank Foundation DnB NOR and the applicants they encounter in their work.   

  • The Norwegian Trekking Association received a donation of NOK 10 million to get children and young people to enjoy the outdoors. They organize large camps for young people and for children and their parents. The participants live in tents and the social aspect is very important. 

    The camps offer various outdoor activities under the supervision of skilled guides, i.e. from glacier walking to snowboarding or canoeing during the summer.

  • Our Code of Ethics

    We are dependent on the confidence of our surrounding environment. 

    Applicants, the authorities, our business contacts and the public at large must at all times have confidence in our professionalism and integrity. 

    This requires Sparebankstiftelsen DnB NOR to exercise due care and attention and to display integrity, considerable openness and objectivity.