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Аnti-corruption programme

The provisions of the Ukraine Law on Prevention of Corruption were enacted on 26 April 2015. The law provides for legal entities to have an anti-corruption programme which is - a set of rules, standards and procedures to identify, counteract and prevent corruption in the activities of a legal entity. In fact, this law brought Ukraine's anti-corruption legislation into compliance with European standards.

Following the enforcement of the Law, the company formally approved PJSC ArcelorMittal Kryvyi Rih Anti-Corruption Programme in 2015. The programme consists of the following corporate anti-corruption policies and procedures:

  • Code of Business Conduct – Norms of Employees’ Professional Ethics;
  •  Anti-corruption policy
  •  Procedure for receiving and offering gifts and entertainment;
  • Anti-corruption due diligence procedure;
  • Conflict of interest policy;
  • Whistleblowing Policy.

The programme provides for an annual assessment of corruption risks and periodic (once every three years) training for employees in preventing and counteracting corruption.

Besides the existing anti-corruption measures, the company appointed anticorruption Officer to implement the anti-corruption programme at PJSC ArcelorMittal Kryvyi Rih and defined his terms of reference and regular reporting procedures.