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RHI Magnesita has a zero-tolerance approach to corruption. Our Code of Conduct makes this explicit, defining how we expect employees and directors to conduct business.
More than 2,000 employees received Code of Conduct training in 2018, mostly in South America and India. We will expand training to China and Asia Pacific. Suppliers to RHI Magnesita are required to sign our Supplier Code of Conduct and we are working to increase oversight and transparency in this area.
An independently operated whistleblowing system allows individuals to have confidential and anonymous two-way conversations about concerns they might have. Contact details are publicized throughout our operations be held accountable for compliance in their countries and regions.
As our business grows, we are building a robust compliance organisation in every region. We appointed a compliance officer for South America and will assign counterparts for India, China and North America. These new positions will report both to our chief compliance officer and new regional Vice Presidents, who will be held accountable for compliance in their countries and regions.