Background
Novozymes believes that corruption has a wide range of corrosive effects on society in general and on markets in particular. Accordingly, Novozymes has joined United Nations Global Compact and thus supports working against corruption in all its forms.
Position on Business Integrity
Novozymes’ position on Business Integrity rests on six integrity principles, which all employees must adhere to:
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Bribes:
Novozymes neither accepts nor offers bribes in any form.
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Facilitation payments:
Novozymes strives to avoid such payments.
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Money laundering:
Novozymes does not contribute to money laundering. All financial transactions must be documented.
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Protection money:
Novozymes does not pay protection money.
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Gifts:
The value of gifts given and received must not exceed locally defined triviality limits.
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Political and charitable contributions:
Novozymes does not make financial contributions to political parties. Charitable contributions are subject to various restrictions.
The six integrity principles have been devised to reinforce Novozymes' values of accountability, responsibility, openness and honesty as stated in the Novozymes Touch. These principles are further defined in the "Standard on Business Integrity", which is part of Novozymes’ Policies and Standards. Interactive training that offers a proactive approach to dilemmas related to bribery and corruption is available for relevant employee groups. A dedicated committee on business integrity follows up on training, handles reporting of business integrity related matters, and responds to guidance requested by employees.
Inquiry on Novozymes and Business Integrity
You are welcome to contact Novozymes for more information on our position on business integrity here