This document outlines the Gewiss Anti-corruption Policy for 2024, providing essential rules for all Company personnel to ensure compliance with Anti-Corruption Laws. It establishes a clear prohibition against corruption in all its forms, including facilitation payments, and defines what constitutes corruption and the obligations for personnel involved in such practices.
Gewiss Subsidiary is committed to implementing robust actions against corruption, such as reporting offenses to authorities, enacting internal disciplinary measures, and terminating contracts with third parties found to be involved in criminal activities violating anti-corruption policies. Personnel are expected to maintain professionalism, integrity, and independence in all business activities.
Key Principles
- Separation of responsibilities in duties and controls.
- Clear definition and adherence to attorney power systems.
- Clarity and simplicity in roles and processes.
- Impartiality and absence of conflicts of interest.
- Traceability and proper filing of sensitive activities and documentation.
Scope and Application
The policy applies to all Company activities and personnel, as well as business partners, consultants, suppliers, agents, and collaborators, requiring them to be aware of the general principles outlined.
Prohibited Activities
- Giving or receiving payments, gifts, or hospitality to gain undue commercial or economic advantages.
- Making or accepting facilitation payments, defined as small payments to expedite routine activities.
- Making or accepting extortion payments, made under coercion or threat.
- Making direct or indirect contributions to political parties, movements, organizations, or their representatives.
Reporting Violations
For any reports concerning violations of this Policy or unlawful conduct, personnel are directed to consult the "Reporting Procedure" available on the Gewiss company website under the "Governance" section.
