This policy outlines the company's strict stance against any form of bribery or corruption and applies to all employees, directors, officers, and third parties engaged with the company. It prohibits the offering, promising, or giving of bribes and corrupt practices to gain an improper business advantage. The policy also includes provisions on handling donations and gifts, and requires all parties to obtain appropriate approvals for charitable giving to ensure compliance.
The policy is designed to ensure ethical business conduct and legal compliance, requiring periodic audits and training. It also mandates that violations or suspected violations be reported, and details the consequences of non-compliance. This document can be used as a guideline for ensuring that all organizational activities adhere to ethical and legal standards, and for training employees on the importance of combating bribery and corruption.