Corporate Governance

TWOTHIRDS SLU is fully committed to complying with all current legislation and regulations, as well as the ethical principles of integrity and transparency in all its business activities, both domestically and internationally.

To this end, a Code of Conduct and Human Rights Commitments have been established to define the values, principles, and regulations governing the behaviour and performance of our stakeholders, employees, companies, and ownership. The Code and Commitments also apply to customers and suppliers, where relevant.

Purpose Statement:

“The purpose of TWOTHIRDS SLU is to pioneer an ocean-positive alternative to fast fashion. 
We fulfil this by operating a pre-order model that eliminates overproduction and supports local European suppliers.
We also prioritise low-impact, circular materials to safeguard marine ecosystems while securing our brand's long-term financial resilience and market leadership.”
- Lutz Schwenke, Founder & CEO

Code of Conduct:

Reflecting its commitment to legal compliance and ethical principles of integrity and transparency, TWOTHIRDS SLU’s ownership approved this Code of Conduct on October 17, 2022.

This code can be downloaded at the following link.

Every employee, manager, and owner of TWOTHIRDS SLU is familiar with this Code of Conduct and is committed to adhering to its principles and rules.

Justice, Equity, Diversity, and Inclusion (JEDI)

At TWOTHIRDS, we are committed to Justice, Equity, Diversity, and Inclusion (JEDI) principles.

We provide equal opportunities across our entire ecosystem, including our employees, job applicants, supply chain partners, community members, and customers. We prohibit discrimination and harassment of any type without regard to race, colour, religion, age, sex, national origin, disability status, sexual orientation, gender identity or expression, or any other characteristic protected by local laws.

Read our JEDI Action Plan here.

Human Rights Commitments:

TWOTHIRDS acknowledges that respect for Human Rights is a key element for doing business sustainably and equitably.

The company commits publicly to respect human rights and to each of the following:

a) UN Guiding Principles on Business and Human Rights

b) The International Bill of Rights or the rights under the Universal Declaration of Human Rights

c) The International Labour Organisation’s (ILO) Declaration on Fundamental Principles and Rights at Work

The employees, managers, investors, and owners of TWOTHIRDS SLU are familiar with these commitments and agree to adhere to their principles and rules.

Ethical Channel:

This Ethical Channel has been created to facilitate inquiries regarding the content, interpretation, or application of the TWOTHIRDS SLU Code of Conduct and TWOTHIRDS SLU Human Rights Commitments, and to report any behaviour that may constitute a breach. All communications are processed to ensure strict confidentiality and can be submitted anonymously.

The communication channels for these purposes are:

• Email: [email protected]

• Telephone:  +34 934 125 371

• Postal mail: TWOTHIRDS SLU Ethics Committee C / Morales 21-27, K. 08029 Barcelona - Spain

• Contact Form. Anonymous.

Digital Contact Form (Preferred and Encrypted History): Publicly accessible via the Factorial platform. This method allows communications to be sent completely anonymously and in encrypted form, facilitating the tracking of the case via a unique security code.

All submissions will be processed in accordance with the timelines and processes found in our Integrated Protocol for the Management of Complaints and the Prevention of Harassment.

TWOTHIRDS recognises that our mission to protect the ocean cannot be achieved through sustainable production alone. Systemic legislative change will also be required. The purpose of this policy is to ensure that all of our advocacy, lobbying, and public-policy engagements are transparent, evidence-based, and strictly aligned with our commitment to a regenerative, circular, and inclusive economy.

This policy can be downloaded at the following link.