Anti Bribery Policy

Bribery entails offering, promising, or providing financial or other benefits to induce improper behaviour (active bribery) or accepting such a benefit in exchange for improper conduct (passive bribery). In our industry, bribery risks manifest in various scenarios, including tendering, supplier appointments, licensing, planning, and within the supply chain. These risks span all levels, from government officials to site workers.

Defining Corruption

While often used interchangeably with bribery, corruption encompasses a broader spectrum of illicit behaviours, extending beyond mere bribes. It includes any illegal or dishonest acts aimed at gaining an advantage, particularly involving individuals in positions of power or influence.

Facilitation Payments and Prohibitions

Facilitation payments, small sums given to expedite official actions, are strictly forbidden, regardless of their size or cultural norms. Exceptions may be made if payments are extorted, but such incidents must be reported promptly to management or through appropriate channels.

Rejecting Kickbacks and Collusion

Kickbacks, reciprocal agreements, and collusion undermine integrity and are considered bribery and corruption. We reject participation in cartels, bid-rigging, or any activities breaching competition laws, as they often intertwine with corrupt practices.

Ensuring Ethical Conduct in Business

We pledge to avoid making or accepting improper payments to gain or maintain business advantages. This commitment extends to third parties acting on our behalf, requiring thorough due diligence and clear contractual agreements aligned with ethical standards.

Managing Gifts and Hospitality

Excessive gifts and hospitality can unduly influence decision-makers. We strictly adhere to policies governing gifts and hospitality, ensuring their appropriateness in frequency and value. Such gestures must never compromise business decisions or integrity.

Maintaining Financial Integrity

Adequate financial controls and record-keeping mechanisms are crucial to thwarting bribery and corruption attempts. We maintain stringent controls to ensure the accuracy, completeness, and transparency of financial records, preventing misuse or concealment of illicit activities.