Kazakhmys Corporation LLC acknowledges that reputation of the company as well as belief of community and those, with whom it cooperates in the course of its work, is one of the significant assets. Positive goodwill of Kazakhmys Corporation consists as of strict observance of legal requirements, so of implementation of high ethical standards and codes of conduct.
In this regard top-management of Kazakhmys Corporation LLC overviewed and confirmed corporate anti-corruption policies, which were reflected in anti-corruption Code of Kazakhmys Holding LLC, taking into consideration requirements of applicable law and gained for the period from 2012 experience. This document reflects major ethic norms for each employee and will be the foundation for building of anti-corruption processes in each of the adjustable scope of activities.
Corporate politicians prohibited bribery and corruption in all their aspects, and also contacts are governed related to gratification for quickening of formal procedures, receipt or provision of gifts, organization of entertainment, conflicts of interests, political participation.
The considerable attention Kazakhmys Corporation LLC pays to relationships with contractors as acting, so with potential facilitated by approved Program of preliminary checkout of contractors for compliance with anti-bribery and anti-corruption legislation.
Kazakhmys Corporation LLC within improvement of corporate policy implements efficient feedback system with the employees and also concerned parties within Speak Up service which is available 24 hours per day, 7 days per week via phone number 8-800-080-8089 (the call in Kazakhstan is free of charge) or via e-mail firstname.lastname@example.org
Reports, as well as anonymous incoming within Speak Up are regarded by Legal Control Department of Kazakhmys Corporation LLC providing proper level of independence and objectiveness.
For the period of implementation of renewed Speak Up service on notification of violations (05.2015 – 10.2015) by Legal Service Department of Kazakhmys Corporation LLC in cooperation with specialist services were regarded 12 reports, 6 reports of them were confirmed in whole or in part, 3 reports were not confirmed, and rest 3 reports were left without consideration in overwhelming case considering their relation to the companies which do not belong to Kazakhmys Group.
The overwhelming majority of reports are related to activity of Kazakhmys Corporation LLC and its branches when by one report accounts for Kazakhmys Smelting LLC and Kazkhmys Energy LLC, two reports are referred to other legal entities not belonging to Kazakhmys Group.
In terms of types of violations, the violations in personnel management sphere has the highest importance and comprises 7 violations, when to corporate policy violations and other violations are related 3 and 2 reports consequently.
Across the whole confirmed violations (in whole or in part), specialized services of Kazakhmys Group took proper response measures, including disciplinary measures in respect to persons who committed violations of local acts and applicable legislation, additional charge of salary etc.