• Personal safety
• Health protection and promotion
• Process safety
• Attracting employees
• Retaining employees
• Commitment to fair employment
• Ethics
• Social Investment

 

Ethics

In 2009, within the framework of ethics management we focused on communication, education and on the development of our ethical monitoring system, as summarised below.

• To strengthen internal communication, 7 articles were published in our internal company magazine (“Panorama”). The articles contained an ethical evaluation and interviews with executives on current ethical issues, such as the ethical dimension of the economic crisis, financial frauds, and the ethical aspects of retail business
• Ethical education was launched in all subsidiaries where our Code of Ethics was implemented in 2009. Ethical lectures were attended by 100% of employees
• All operators and employees of Hungarian filling stations participated at a special training session on ethics
• The pilot of the integration of ethical training into competency development training events was launched and positive feedback was received
• Code of Ethics e-learning material has been made available on the Company Intranet and testing of the material has been successfully finalised. For the first phase, initial participants on the e-learning program will be those employees of MOL Plc. who have PC access
• Ethical expectations and KPIs were defined for all Country Chairmen. This evaluation system allows us to further improve our ethical framework

Ethical issues

The following section details only those ethical cases which the Ethics Council dealt with. The Council’s role is to ensure that every MOL Group employee complies with the Code, thus among other tasks it answers questions and oversees internal investigative processes. In 2009 a total of 11 questions were raised about a wide range of topics, including conflicts of interest, communication between colleagues and sexual harassment.
In 2009 the Ethics Council received altogether 8 notifications. Based on them, two ethical investigations were conducted by the Ethics Council and in 4 cases the Corporate Security department was asked to perform an investigation. As a result of the 6 investigations, ethical misconduct was proven in 4 cases. Although anti-discrimination is a priority issue for us, there were no notifications in this area.
The table below summarises ethical notifications received, broken down by stakeholder group (similarly to how ethical issues are categorised in the Code):

The Ethics Council reported all ethical issues to the Executive Board and proposed measures in cases of ethical misconduct. In one case the work contract with the employee concerned was terminated, while in two cases bonus incentives were withdrawn, and in one case - in order to raise awareness about a specific ethical norm - the Ethics Council issued a statement, which was communicated internally.