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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' actions and results in 2006

Reference to GRI indicators

The Novozymes Touch

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

Social responsibility policy

Financial policy

Position on business integrity

Position on donations

Business integrity management system
Novozymes' management standard on business integrity is based on a number of principles and systems. The principles cover bribery, facilitation payments, money laundering, protection money, gifts, as well as political and charitable contributions. The systems enable employees to obtain guidance and anonymously raise concerns about possible breaches of the principles. They also require employees to report facilitation payments and large gifts.

See Financial, environmental and social discussion.

See also Business integrity under Sustainability themes at www.novozymes.com.

Open dialogue
The management system for business integrity has been well received and respected by employees, partly through an open dialogue on borderline cases between regional contacts and Novozymes’ Committee on Business Integrity.

See Financial, environmental and social discussion.

See also Business integrity under Sustainability themes at www.novozymes.com.

External recognition
Over the past year Novozymes' efforts have won wide recognition from business partners and other stakeholders, not least the employee booklet Bribery – no thanks!, which has been reprinted to meet external demand. Novozymes has also shared experiences with external stakeholders via interviews, articles, bilateral meetings, business networks, presentations at conferences, etc.

See Financial, environmental and social discussion.

See also Business integrity under Sustainability themes at www.novozymes.com.

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