DISCLOSURE 205-1: OPERATIONS ASSESSED FOR RISKS RELATED TO CORRUPTION
Corporate Compliance on an annual basis assesses all operations regarding potential and actual corruption risks. In 2020, all General Managers (GMs) again confirmed in writing that no corruption investigations were launched against Sika. GMs are required to immediately escalate suspicion or allegations of corruption to Corporate Compliance.
Sika suppliers are required to sign the Supplier Code of Conduct, thus committing to Sika’s zero-tolerance policy regarding bribery and corruption. Suppliers are required to have systems in place that ensure the proper training and monitoring of their personnel and subcontractors. Sika regularly performs supplier audits and evaluations to monitor and assess their compliance with Sika’s anti-corruption requirements. Suppliers are obliged to immediately inform Sika of any known violations of the Supplier Code of Conduct.