Anti Corruption Policy
At Numatec, we are committed to business ethics and transparency in all our operations. We believe that corruption hinders economic growth and social justice, which is why we have implemented an anti-corruption policy to ensure that our activities are conducted ethically and legally.
Our anti-corruption policy is based on the following basic principles:
- Compliance with applicable laws and regulations: We are committed to complying with all applicable laws and regulations in Mexico and in the countries where we do business.
- Transparency: We are committed to transparency in all our operations, including financial transactions and relationships with third parties.
- Integrity: We are committed to acting with integrity in all our business relationships with our employees, clients, and suppliers.
- Accountability: We are committed to taking responsibility for our actions and taking measures to prevent and detect corruption.
- Ethical culture: We are committed to fostering an ethical culture throughout the company and in our relationships with third parties.
Policies and Procedures
To ensure the effective implementation of our anti-corruption policy, we have established the following policies and procedures:
- Gifts and Hospitality Policy: We have a clear and detailed policy on the acceptance of gifts and hospitality by employees and third parties.
- Conflict of Interest Policy: We have a detailed policy on identifying and managing conflicts of interest, including disclosing any financial or personal relationships with third parties.
- Third-Party Due Diligence: We conduct rigorous due diligence on third parties, including suppliers, clients, and business partners, to ensure they have no history of corruption.
- Reporter Policy: We have a reporting channel for employees and third parties to report any suspicious activity of corruption without fear of reprisal.
- Training and Awareness: We provide regular training and awareness to our employees and third parties on our anti-corruption policy and the legal and reputational consequences of corruption.
Compliance and Oversight
Our anti-corruption policy is overseen by our Ethics and Compliance Committee, which comprises members of senior management and an ethics and compliance expert. The Committee meets regularly to review the implementation of our anti-corruption policy and take actions to address any violations or suspicious activities.
In Numatec, we are committed to combating corruption and promoting an ethical culture in all our operations. We take our responsibility as a company seriously and expect our employees, suppliers, clients, and business partners to share our values and anti-corruption principles.