Prevention of Corruption

The state, society and other parties expect transparent, ethical, and honest business activities that produce the best results. The AB Lietuvos Geležinkeliai group of companies (hereafter referred to as the LTG group of companies), in order to meet the expectations of these concerned parties, adheres to the principle of zero tolerance of corruption in its activities and has implemented a system of targeted anti-bribery measures.  

The anti-bribery prevention implemented by the LTG group of companies is based on the principles of the international standard ISO 37001:2016 Anti-bribery management systems. Requirements and guidelines for use of “  principles. ISO 37001:2016 certificate issued to LTG in 2022. Anti-bribery measures are implemented in accordance with the requirements of legal acts, taking into account the prevailing national and international practices, after assessing the risks associated with bribery. The anti-bribery policy of the LTG group of companies is the main document governing the anti-bribery activities implemented in the Company, which defines the model for ensuring the prevention of bribery and establishes the measures that must be implemented in order to achieve transparency and fairness.   

The anti-bribery system of the LTG group of companies is based on the leadership of managers. Managers are required to set a good example by their behaviour, act exclusively in the interests of LTG group of companies, and ensure that activities within their responsibility are carried out properly and transparently. All employees of the group are responsible for understanding, implementing, and applying the anti-bribery requirements related to their duties. The provisions of the Code of Ethics of the Employees of the Company help to ensure the honesty, transparency, and reliability of LTG activities, as well as respectful mutual relations, while the Code of Ethics of the Suppliers gives sense to the transparent relationship between the LTG group of companies and its business partners.  

Verification of the reliability of persons seeking to hold a position
Alignment of public and private interests and management of conflicts of interest
Investigation of cases of fraud and other forms of bribery
Risk assessment of legal entities and natural persons (business partners)
Compliance with established requirements for receiving gifts
Acceptance of reports on fraud, bribery, or other illegal actions of employees
Raising employee awareness
Determining the probability of the occurrence of bribery