We support collective action
Our shared responsibility
Collective action efforts, when performed properly, can help prevent corruption, promote compliant business, and build trust.
Why it matters
For Omterra, involvement in collective action can reduce corruption and third-party risk by aligning competitors, customers, and public stakeholders around shared integrity standards, especially in higher-risk markets. It also strengthens Omterra’s credibility with regulators, customers, and investors while helping level the competitive playing field for ethical business.
How we energize with integrity
We support fair and open markets by:
- Participating in industry group initiatives, and other collective action efforts, that promote ethical conduct.
- Promoting integrity pacts to create transparency, ensure accountability, encourage fairness, and prevent corruption.
Spark your understanding
Collective action:
Compliance pact:
Make it current
Question: A public customer proposes that all bidders join a compliance pact to increase transparency and fairness in a tender. Can Omterra participate?
Answer: Potentially yes — but only after Legal and Compliance have assessed the arrangement.
Power sources
Compliance Handbook (Collective action)
Collective Action antitrust guidance