Anti-Bribery, Anti-Corruption, and Anti-Money Laundering

Commitment to adopting a zero-tolerance stance towards bribery, corruption and money laundering activities, recognising the critical importance of maintaining stakeholder trust and safeguarding our business from reputational and legal risks associated with integrity breaches.
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Why It Matters to Us

Integrity breaches can compromise our corporate culture and lead to various challenges, such as loss of stakeholder trust, reputational damage and legal implications. We aim to diligently mitigate and manage our integrity risk by identifying control gaps and upholding a culture of honesty, integrity and accountability. Our zero-tolerance commitment towards bribery, corruption and money laundering (BCML) represents our values and forms an ethical foundation that guides our business and sustainability journey.

Key Strategies

01

Strict Governance - Uphold a zero-tolerance stance on BCML, establishing policies and procedures for employees and extending ABCML compliance to external stakeholders.

02

Training & Culture Building - To train and inform our employees on ABCML matters to create a culture of integrity, accountability and honesty.

03

Risk Assessment & Mitigation - To conduct comprehensive risk assessments to identify integrity breaches and strengthen internal mechanisms.

Initiative Highlights

01
Undertook measures to mitigate BCML in our operations
02
Established and included clauses on ABCML in various policies
03
Email reminders are sent on updates and provide annual refreshers for employees
04
Posters highlighting our ABC Policy and procedures are displayed in offices and retail stores
05
Conducted company-wide training on ABC Policy and procedures
06
Established an Enterprise Risk Management framework covering every department
07
Zero confirmed cases of bribery or corruption in 2023

2023 Sustainability Statement: Better Business

In The Pipeline

Anti-Bribery & Corruption Policy review and updates

UN Sustainable Development Goals​