New Maritime Corporate Social Responsibility (CSR) Policy
Human Rights at Sea Press Release
LONDON. 22 March 2015. Human Rights at Sea and AFEX are pleased to announce the first AFEX Maritime Corporate Social Responsibility (CSR) company policy which has been jointly developed by the two organisations.
David Hammond, HRAS Founder said: “The introduction by AFEX of their first Maritime CSR policy reflecting the HRAS aims and objectives is a significant step forwards in bringing human rights, as part of the growing maritime human element business area, to the forefront of a globally recognised payment and risk management business.”
Maritime CSR Policy
Associated Foreign Exchange, Inc. (“AFEX”) (hereinafter, the “Company”) is proud to have an extensive Corporate Social Responsibility (“CSR”) program that includes a strong commitment to the promotion of raising standards of human rights in the maritime environment. This undertaking is not entered into lightly. It carries with it a requirement to apply only the highest moral, ethical and business standards. It is both implicit and explicit that the Company has no dealings with any clients that practise any form of human rights abuse either directly or indirectly due to a lack of due diligence checks. Failures in our own due diligence procedures with new and existing clients could, therefore, lead to reputation and brand damage and which must be avoided at all costs. The Company already operates in accordance with the AFEX Code of Business Conduct and Ethics (2012), through which we are committed to promoting high standards of ethical business conduct and compliance with applicable laws, rules, and regulations; and this is reinforced by a further series of internal legal and business policies and procedures designed to guide our decision-making.
Full Policy Statement HERE
AFEX is a trusted global payment and risk management solutions specialist with a heritage that dates back to 1979. We offer a comprehensive range of global payment and foreign exchange services, including Foreign Currency Drafts, Wire Transfers, risk management tools and designated Account Executives. We can handle every aspect of a client’s foreign payment needs, from risk consultation to transaction execution.
Trusted around the world
With a diverse client base of more than 24,000 active commercial clients including importers and exporters, educational and financial institutions, small businesses, multinational corporations and individuals, we recognise the distinct requirements of each of our clients. We take considerable pride in creating unique and strategically adept global payment and foreign exchange solutions to meet our clients’ financial goals.