BRIBERY AND CORRUPTION
Bribery is a criminal act in most countries, with severe penalties. We conduct continuous analysis for corruption risks within our businesses; our Group compliance and internal audit functions are brought in if necessary.
Glencore’s global anti-corruption policy is part of the GCP. It is available on the Group website. It contains our clear position on bribery and corruption, which is that offering, paying, authorising, soliciting or accepting bribes is unacceptable.
Glencore is a member of the Partnering Against Corruption Initiative (PACI). Members collaborate on collective action and share leading practice in organisational compliance. The initiative is based on a commitment to zero-tolerance on bribery and implementation of practical and effective anti-corruption programmes.
© Glencore Agriculture 2017