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Anti-Bribery And Corruption Website Statement

Island Green Power Limited is committed to ensuring full compliance with both the letter and the spirit of all relevant anti-bribery and corruption laws and regulations including the Bribery Act 2010.

We will not tolerate bribery or corruption in any form and will take a zero tolerance approach to any breach of the company’s policy. Violations of this policy could result in disciplinary action and in the most serious cases in criminal charges.

The policy applies to:

  • all the company’s divisions, subsidiaries affiliates and project companies, including joint ventures controlled by Island Green Power Ltd or any of its affiliates; and
  • all company directors, employees, contractors, agents and consultants.

It also sets out how the policy applies to other companies and joint ventures in which the company has an interest as well as service providers, agents and other contractors.

The Company prohibits bribery in all its forms. This ban applies to:

  • attempts to secure any improper advantage, for example in obtaining or retaining business or in securing authorizations, permits or other favourable treatment;
  • offers of any form of undue reward, not just money, including extravagant trips or entertainment or gifts of significant value;
  • all means of channelling undue payments or other benefits, or for masking their purpose, whether as bribes, subcontracts, purchase orders, consultancy agreements, or through agents or other third parties;
  • receipt of something of value (either directly or indirectly) in return for giving an improper advantage to a third party; and
  • receipt from a third party, either directly or indirectly, anything of more than a minimal value in connection with a transaction entered into by the Company.

The company’s prohibition on bribery extends to so called “facilitation” payments.

The company’s policy statement is available to all company personnel and contains further guidance. Further information is available from the company’s Legal and Finance Departments.

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