Preventing & Guarding Against Corruption
To comply with legislative requirements & goodwill responsibilities, SUM Modal actively manages the development & implementation of anti-corruption measures concerning relationships within the company as well as relationships with government & business partners.
SUM Modal has adopted a Code of Company Ethics that establishes corporate rules & ethical standards to be adhered to by all employees of the company while performing their professional duties.
A Code of Corporate Conduct & Company Ethics for members of the Board of Directors of SUM Modal also enhances a high level of corporate behavior & company integrity in the company.
The Company’s Board of Directors adopted an Anti-Corruption Policy , which is aimed at compliance with anti-corruption legislation, prevention, identification & elimination of reasons that cause corruption. Compliance with the Anti-Corruption Policy is obligatory for all governing bodies & employees of the company.
In November of 2021, SUM Modal had joined the United Nations Global Compact. The core mission of the UN Global Compact is the acknowledgement & the active implementation of the ten main principals in the sphere of human rights, labour relationships, protection of the environment & fighting corruption by commercial organizations all over the world. The Ten Principles of the United Nations Global Compact are derived from: the Universal Declaration of Human Rights, the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, and the United Nations Convention Against Corruption.
The company organised a system of internal control, which constistently improves procurement procedures, conducts due diligence of partners & takes actions to prevent & eliminate conflicts of interest, facilitating training for employees while actviely involving employees in the implementation of anti-corruption measures.
The Department of corporate relationships establishes & monitors measures against preventing & fighting corruption. In case you have any questions about the anti-corruption measures of the company, please contact our office of Inspector General via email:
