One of the most important components of the operation of the MOL Group is the commitment to ethical behaviour. The challenges of the competitive market can be met by the MOL Group in the long run if it pays special attention to the requirements of moral responsibility from the private entrepreneur up to the corporate level. The good reputation of the MOL Group may be preserved only with business conduct based on fairness and integrity and compliance with legal regulations.

The MOL Group is committed to fair market behaviour and therefore every member firm places great emphasis during their operations on the fact that ethical values and expectations are valid without compromise. The MOL Group respects fundamental human rights. Compliance with the MOL Group’s fairness and transparency requirements is also considered as an important principle and therefore the fight against corruption is an essential part of the MOL Group’s corporate strategy.

A comprehensive ethical management system covering all members of the MOL Group has been set up to protect ethical values and to further strenghten the ethical foundations of the MOL Group’s business and maintain the results achieved. In order to increase ethical awareness and prevent similar cases, the MOL Group not only publishes the number of ethical complaints, but since 2011 it also publishes the detailed, anonymous descriptions of investigated ethical misconducts.

All executive officers and employees of the MOL Group member companies (MOL Nyrt. and all business enterprises controlled by MOL Nyrt.) must act in compliance with the Code. All business partners must receive the Business Partner Code of Ethics as a binding appendix of contracts. At all companies owned by and not controlled by MOL Nyrt. we make conscious and continuous efforts to implement the Code and to ensure our ethical norms are adopted.