Anti-corruption and anti-bribery policy

Bribery or corruption can be defined as the offering, promising, giving, accepting or soliciting of an advantage as an inducement for an action which is illegal or a breach of trust.

The most prevalent forms of bribery and corruption stem from:
  • Payments to a company’s employees or their relatives, to secure advantage in business transactions.
  • Political contributions made to secure advantage in business transactions.
  • Charitable sponsorships used to secure advantage in business transactions.
  • Facilitation payments or kickbacks made to secure or accelerate routine or necessary business actions.
  • Gifts, hospitality and expenses payments made to secure advantage in business transactions.
Iscal Sugar Caramel’s code of conduct is based on acting responsibly, honestly, with integrity and the company does not tolerate any form of bribery and corruption. This policy applies to all Iscal Sugar Caramel employees, related personnel, and third parties acting on behalf of the Company and extends to all business dealings in all jurisdictions where Iscal Sugar Caramel operates.

Policy

Iscal Sugar Caramel does not engage in bribery or corruption. It is contrary to the company’s policy for any employee or third party acting on behalf of Iscal Sugar Caramel to request, offer, solicit, make or receive any payments or inducements which are illegal, unethical or represent a breach of trust. Iscal Sugar Caramel commits to ensuring
  • that its business is conducted in all respects according to rigorous ethical, professional and legal standards
  • its employees avoid any activities that may lead to, or could suggest a conflict of interest with the company’s business
  • that the acceptance or offering of hospitality and gifts is reasonable and appropriate.
Iscal Sugar Caramel
  • prohibits the use of contracts or consulting agreements to channel improper payments through agents or intermediaries or to public or government officials
  • does not make direct or indirect contributions to political parties
  • respects all laws relevant to countering bribery and corruption in all the jurisdictions in which the company operates, particularly laws that are directly relevant to specific or local business practices.
Compliance with this policy is mandatory for all Iscal Sugar Caramel employees and vendors. Failure to observe the terms of this policy may constitute a disciplinary offence and dismissal from employment. If any employee believes that the terms of this policy are not being correctly adhered to, they are encouraged, without fear of retaliation to bring this to the attention of their immediate supervisor at once so that necessary actions can be taken (any concerns raised are then thoroughly investigated and handled).

Mons, 09/03/2020, Marc LEBON Site Manager

misconduct.reporting@iscalsugar.be
Call Center : +32 (0) 2 661 19 03