Business integrity

Novozymes believes that corruption has a wide range of corrosive effects on society in general and on markets in particular. Accordingly, Novozymes has joined the United Nations Global Compact and thus supports working against corruption in all its forms.

Transparency and a clear position

As a global company with activities in many countries, Novozymes wants to show that it is possible to grow a healthy global business based on values such as responsibility, accountability, openness, and honesty. This way of doing business has characterized Novozymes for many years and will continue to do so.
Based on these values and as part of our sustainability work we have found it pivotal to have a clear position on business integrity in order to increase transparency and to state our position inside and outside the company. We also want to prepare employees to deal even better with ethical matters.

Position on business integrity

Novozymes’ position on business integrity rests on six integrity principles to which all employees, including executives, officers and directors, must adhere (see below). These principles have been integrated into our global quality management system: 

  • Bribes:
    Novozymes neither accepts nor offers bribes in any form
  • Facilitation payments:
    Novozymes does not make facilitation payments
  • Money laundering:
    Novozymes does not contribute to money laundering. All financial transactions must be documented
  • Protection money:
    Novozymes does not pay protection money
  • Gifts:
    The value of gifts given and received must not exceed locally defined triviality limits
  • 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 values of accountability, responsibility, openness, and honesty. 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, as well as executives, officers and directors. A booklet, “Bribery: No thanks!”, is also available in five languages – Chinese, Danish, English, Portuguese and Spanish.

A dedicated committee on business integrity follows up on training, handles reporting of business integrity-related matters, and offers guidance requested by employees. Furthermore, all employees have access to guidance and may anonymously raise concerns about business ethics and corruption, including possible breaches of our integrity principles.

Inquiries concerning Novozymes and business integrity

You are welcome to contact Novozymes for more information on our position on business integrity here.