| Value creation and integrity |
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Holcim’s corporate values – strength, performance, passion – are in essence a promise to perform and thus help to build and sustain trust with our stakeholders. We aim to deliver on this promise through our products, services, communications and, above all, the behavior of our people. This is vital, especially given the pace of growth Holcim has sustained in recent years, both organically and through acquisition. |
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Embedding values for business success |
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Operating with integrity At Holcim, we recognize the importance of operating with integrity and apply high standards of corporate governance in the conduct of our business. By demonstrating responsible and transparent leadership and management, we earn the trust of our stakeholders, which is essential to achieving long-term success. The Holcim Code of Conduct is applied throughout the Holcim Group. It establishes a common and consistent framework across our global organization, and provides direction and clarification on the conduct of our daily business. To ensure that employees and managers are aware of their responsibilities under the Code, each Group company implements its own appropriate measures. These may include reinforcement activities such as integration into employment contracts, a requirement for all employees to sign the Code, information and training sessions, translation into local languages or articles in internal newsletters. The Code also makes specific provisions on bribery and corruption. Local management takes additional reinforcement measures as circumstances warrant, and this may include more detailed information and training, double signatures and specific policies. Group-level induction and management seminars also aim to build broader awareness and understanding of the issues involved. All employees are expected to adhere to the Code of Conduct. We do not tolerate violations, and non-compliance may be subject to disciplinary sanctions, including termination of employment. |
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The new Holcim Compliance Policy sets the rules for compliance with external laws and regulations as well as with Group-wide internal policies, including the Holcim Code of Conduct. To safeguard compliance with good corporate governance, Holcim has established a standardized legal reporting system which provides factual information on pending legal and administrative proceedings of importance throughout the Holcim Group as defined in the Compliance Policy and therefore includes pending legal and administrative proceedings related to bribery and corruption, should these occur. Furthermore, specific compliance assessments can be conducted by Internal Audit on request by the EXCO and/or audit committee should there be deemed a need for such an assessment. Ultimately, line management at Group company level is responsible for enforcing compliance, and has been assigned clear areas of responsibility within the organization. |
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