Anti-Bribery and corruption
KAZ Minerals' reputation and the trust and confidence of those with whom it deals and with the communities in which it operates are amongst its most vital assets. KAZ Minerals’ reputation and its future success are critically dependent on compliance, not just with the law but with the highest ethical standards. The Group Anti-Bribery and Corruption Code and supporting guidance documents emphasise KAZ Minerals’ position in this important area and help KAZ Minerals to safeguard its reputation.
The Board of Directors attach the utmost importance to the Group Anti-Bribery and Corruption Code in clarifying the standards it expects. KAZ Minerals has adopted a clear position on bribery and corruption; KAZ Minerals’ employees do not either directly or indirectly offer or accept bribes or other improper payments for any reason.
The purpose of the Group Anti-Bribery and Corruption Code is to set out the Group’s principles on bribery and corruption which should be applied by all directors, officers and employees of the Group wherever it does business.
Download The Group Anti-Bribery and Corruption Code
The Group Anti-Bribery and Corruption Code sets out clear standards on:
Bribery and corruption
Bribery and corruption in all forms is prohibited.
No distinction is made between bribes and so-called ‘facilitation’ payments, which are also prohibited.
Gifts and hospitality
Solicitation of gifts or hospitality in any circumstances is prohibited. Clear limits on permissible gifts and entertainment are set out.
Conflicts of interest
Employees must not, without prior written consent, have any direct or indirect interest in any supplier, customer, competitor or other business partner of KAZ Minerals which conflicts or appears to conflict with the best interests of KAZ Minerals.
Relationships with business partners
Bribery and corruption risks must be considered and addressed when engaging third parties and appropriate due diligence must be carried out on third parties and other business partners.
Contributions to political campaigns, political parties, political candidates or any of their affiliated organisations are prohibited.
Employees and those working with KAZ Minerals are encouraged to raise concerns about any incidents of malpractice, misconduct or unlawful conduct in the workplace at the earliest possible stage. Employees who reasonably believe that inappropriate business conduct, or a violation of the law or an internal regulation is occurring can use the KAZ Minerals Speak Up facility to report, anonymously if they so choose, such behaviour by telephone or the internet to an independent third party. It is available 24 hours a day, 365 days a year, with multiple language support.