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Governance

GOVERNANCE AT ODYSSEY

Our focus on maintaining accountability, transparency, and being a trusted partner is at the core of our mission statement: to provide access to critical resources in an environmentally responsible manner that will bring societal and economic benefit for generations to come.

The base of standards upon which we build and carry out our business is outlined in our Code of Ethics and implemented through training and continued practical application. We have a no-exception policy on compliance with the U.S. Foreign Corrupt Practices Act of 1977 (FCPA) and the UK Bribery Act. The independent Audit Committee of the Board has direct oversight of the implementation of our anti-bribery policy. We require regular employee training on the Code, including how to report a suspected violation to our 24/7 third-party hotline.  Employees who report an incident in good faith are protected, which includes being free from retaliation.

Oversight and accountability throughout the organization starts with our Board of Directors, which consists of a group of highly qualified leaders in their respective fields who bring a range of experiences and perspectives to the Board. Our corporate governance structure, with its strong emphasis on Board independence and diversity of backgrounds, experience and viewpoints, as well as an active Lead Independent Director and independent Board committee involvement, provides sound and robust oversight of management. Currently, three of our four directors, including our Lead Independent Director, are independent. Additionally, all of our standing board committee members and chairpersons are independent. We have an ongoing process whereby we evaluate the skillset and effectiveness of the Board and use this to inform and identify potential new candidates.

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Governance at Odyssey

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