Anticorruption Policy & Procedures
BioCarbon has a Zero-Tolerance Policy when it comes to fraud, transnational bribery and corruption.
We are fully committed to instilling a strong ethical culture and compliance with all Anti-Corruption legislations including, but not limited to, the United Nations Convention against Corruption - UNCAC (2005), the European Union’s Anti-Corruption Policy (Article 29 of the Treaty on European Union), the Foreign Corrupt Practices Act of 1977 (FCPA) and the United Kingdom Bribery Act of 2010 (“UK Bribery Act”).
In this context, we have developed our Anti-Corruption Policy and Procedures which specifically govern the required behaviors and business conduct regarding fraud, corruption, transnational bribery and/or associated misconduct. All BioCarbon's team and third parties must adhere to this Policy and to the internal controls established.
We reserve the right to take any further required action to sanction people who take part in corruption acts, who engage in corruption or who breach any of BioCarbon’s policies and procedures or the applicable laws and regulations.
Code of Ethics
This document is the concrete expression of our culture and our ethical values. It reaffirms our will to maintain the best standards of honesty and integrity and provides practical guidance for handling many of the ethical issues our directors and employees may face in the discharge of their professional duties. It also helps us to improve what we were already doing well.
It is clear to us that business ethics has become a fundamental piece for the support and sustainability of our organizations, as well as for contributing positively to the environment in which we operate. Therefore, this Code of Ethics is of central importance for all of us working for or on behalf of BioCarbon and shall govern the different relationships between our Company and its stakeholders (clients, potential clients, employees, competitors, public administration, government officials, the media, society
We have managed to compile in this Code of Ethics the following contents:
- The ethical values and principles that shall guide our actions;
- Our commitment to comply with the laws, rules, and regulations;
- The expected conduct when interacting with our internal and external stakeholders; and
- The Guidelines to enforce the Code and to use the Ethics and Compliance Channel we have set up to communicate concerns, doubts, breaches or violations of the Code of Ethics.
We encourage you to read this document carefully and to comply with all its provisions. Likewise, we remain at your entire disposal for any questions, comments or clarifications about it.
Grievance Mechanism and Code of Ethics
BCR is committed to providing an open channel of communication to ensure transparency and effectiveness and to improve our services and procedures.
Through our PCC channel, you will be able to register requests, claims, suggestions, and questions about the management, services, and procedures of our organization.
On the other hand, in line with our Code of Ethics and Values, BCR has created the Ethic and Compliance Channel to facilitate the submission of complaints (denunciation) and grievances by BioCarbon personnel and/or external stakeholders regarding:
- Transnational bribery and corruption
- Money laundering, financing of terrorism, and proliferation of weapons of mass destruction
- Conflicts of interest and other unethical behavior
- Fraud and embezzlement
- Accounting issues
- Anti-competitive behavior
- Falsification of documents
- Falsification of documents
- Non-compliance with the Code of Ethics, internal policies and procedures
- Other issues
All of these will be part of an investigation process under the whistleblowing policy.
Outline Biocarbon’s policies and channels for communicating and complying with them.
Record of grievances
|Date of Submission