The agreement signed on 17 July 2020 by KGHM Polska Miedź S.A. and The Copper Mark and the Letter of Commitment signed on the same date constitute a commitment of KGHM Polska Miedź S.A. to go through the whole accreditation process to confirm compliance with the requirements of the Copper Mark standard in 2021.
In 2020, KGHM Polska Miedź S.A. created a Valuable Gifts Storage in its Head Office and implemented the Instructions for running the storage accepted on the basis of the Business Gifts Instruction, which constitutes Attachment 1 to the Corruption Threat Prevention Procedure in the KGHM Group.
Entities of the KGHM Group implemented the Internal Control Procedure for the Security and Loss Prevention Section at KGHM Polska Miedź S.A. Audits conducted by the Security and Loss Prevention Section comprise the identification and uncovering of fraud, improprieties, abuse, corruption, personal abuse and breaches of the Group’s Code of Ethics.
A review of business partners, including in terms of corruption risk and the possible conflicts of interest, is conducted in accordance with the “Procedure of review in procurement, sales and investment proceedings” implemented in 2019 and pursued by the Security Department at KGHM Polska Miedź S.A.
In 2020, the Management Board of KGHM Polska Miedź S.A. decided to implement the Anticorruption Management System in the Divisions and Head Office of KGHM Polska Miedź S.A. and in the Subsidiaries in accordance with the PN-ISO 37001:2017 standard. The decision was followed by a series of training workshops for employees, including training for prospective internal auditors and Representatives on the Anticorruption Management System in accordance with PN-ISO 37001:2017. The implementation is planned at the end of 2021.
In 2020, the Group also developed and published the “ABCs of Conflict of Interest. Ethics Manual of KGHM Polska Miedź S.A.”. The publication presents a concise description of the conflict of interest and the Company’s regulations for preventing this phenomenon. It also contains a questionnaire, with which any employee may check for themselves whether the issue of conflict of interest applies to them.
The KGHM Group also implemented an Anti-Personal Abuse Procedure, enabling the effective prevention of personal abuse in the workplace. In the area of preventing personal abuse, discrimination and violation of employee rights, the employer is supported by Ethics Committees appointed in KGHM Group entities, which investigate suspicions of breaches of ethical standards in place in the KGHM Group.
The work to support and raise ethical and corporate governance standards will continue in 2021.