Managers taking part in training at Satpayev

Ethics

Operating ethically

We are a major natural resources group and among the largest companies in Kazakhstan. As an influential organisation, we take our ethical responsibilities seriously.

Making ethics a priority

Our Board of Directors is responsible for setting strong principles and values. It is also accountable for ensuring our people and operations are ethical.

Every Director must demonstrate honesty and integrity; a willingness to question and challenge; and a desire to commit to the highest standards of governance. Each Director must also ensure that their decisions or actions never put their interests before those of the business.

Preventing bribery and corruption

The Board has a clear stance on bribery and corruption and attaches the utmost importance to the ongoing Group Anti-Bribery and Corruption Compliance Programme, which focuses on:

  • corruption risk assessments across the Group;
  • development of clear and practical policies and procedures;
  • due diligence of business partners;
  • staff training;
  • and progress monitoring and assurance.

As part of the Programme, a number of Group policies have been established including an Anti-Bribery and Corruption Code, a Facilitation Payments Policy, a Gifts and Hospitality Policy, a Third Party Due Diligence Compliance Programme, a Conflicts of Interest Policy and a Speak-Up Policy

Complying with the UK Bribery Act 2010 (the 'Bribery Act')

Our measures ensure we comply with the UK Bribery Act, which makes criminal offences of:

  • bribing another person;
  • receiving a bribe;
  • bribing foreign officials;
  • failures by commercial organisations in preventing bribery.
Chief engineer from the East Region