The long-term success and sustainability of Volution is underpinned by our focus on effective governance. By ensuring high governance standards, we aim to contribute to the sustainability of our industry and society and to deliver value to each of our stakeholders
The Volution Code of Conduct sets out our commitment, within the Volution Group of companies and externally, to the value and importance that we place on honest, ethical and lawful conduct in all our business dealings. Our Whistleblowing Policy set out in this Code is an essential part of creating this culture.
All companies within the Volution Group are committed to conducting business ethically and legally in every country where we do business, as well as complying with all applicable laws. Our Anti-bribery & Corruption Policy sets out our zero-tolerance policy towards bribery and corruption.
Each year, we publish a statement on behalf of the Volution board that sets out what we are doing to assess and mitigate the risk of slavery and human trafficking in our business and our supply chain. Here you can find the most recent Board approved statement.
Volution Group is committed to sustainable development (meeting the needs of the present without compromising the ability of future generations to meet their own needs) as well as encouraging equality, diversity and inclusion among our workforce, and eliminating unlawful discrimination.
The Volution Audit Committee’s objective is to ensure that the provision of non-audit services across the Volution Group does not impair the external auditor’s independence or objectivity. In the context of non-audit services that are not prohibited by law, the Audit Committee will apply judgement concerning the provision of such services as set out in the attached Policy.
This year, we have continued to be a carbon neutral business for scope 1 and 2 emissions and continued to report on scope 3 emissions. This year, we have expanded the perimeter of our Scope 3 reporting to include all material categories. We aim to become a net zero carbon business by 2040.
In line with our sustainability ambition, we have chosen to endorse the UN Global Compact CEO Water Mandate.
As an endorser of the Mandate, we have committed to take action over time across six key water-related areas, and to report annually on progress.
These areas include our direct operations, our supply chain & watershed management, collective action, public policy, community engagement and transparency.
Volution Group plc is committed to managing its tax affairs in a responsible and transparent manner, complying with tax legislation in each country in which we operate, and paying in full and on time all taxes that are due. The Group has a Code of Conduct that sets out our commitment to honest, ethical, and lawful conduct in all our business dealings, and our approach to tax aligns with that. The Group is committed to acting in an open, transparent and proactive way in all dealings with HMRC (and other tax authorities) and dealing with all correspondence in a timely manner.