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Principle 10

Businesses should work against all forms of corruption, including extortion and bribery

Novozymes' management system – including values, relevant policies, etc.

Novozymes' approach in 2007

Reference to GRI G3 performance indicators

The Novozymes Touch

  • Vision, values and
    fundamental principles  
  • Support for the United Nations Global Compact


Social responsibility policy
Financial and legal policy

Position on business integrity
Position on donations

Scope and approach
Novozymes has adopted a management standard on business integrity, which constitutes an integrated part of Novozymes’ internal quality management system and links to the social responsibility policy and the financial policy. The standard is based on a set of principles covering bribery, facilitation payments, money laundering, protection money, gifts, as well as political and charitable contributions.

Responsibilities and activities
All employees have received a booklet on business integrity, titled "Bribery - no thanks!", and we train selected employee groups in selected countries and regions. Internal processes are in place, which ensures that all employees have access to guidance and to anonymously raising concern about possible breaches of Novozymes’ integrity principles. Employees are required to report facilitation payments and excessive gifts given/received.

A special Committee on Business Integrity oversees implementation, provides principal guidance and assesses and reviews the effectiveness of the standard.

In 2007, several sites have carried out business integrity training activities locally.

See also:
Business integrity at www.novozymes.com

 

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