Effectivity: July 12, 2024

Introduction

GECO Philippines Inc. (GECO) upholds integrity, transparency, and accountability in all its dealings. This policy outlines measures to prevent and address bribery and corruption, ensuring compliance with laws and ethical standards. It applies to employees, partners, and third parties, promoting a culture of fairness and trust.

Policy Guidelines:

• Bribery, facilitation payments, and corrupt practices are strictly prohibited in all GECO activities.
• Acceptance of gifts, hospitality, or entertainment must align with company policies and avoid conflicts of interest.
• Members must disclose any actual or potential conflicts of interest.
• GECO provides a confidential mechanism to report suspected bribery or corruption without retaliation.
• Violations will be investigated promptly, with disciplinary actions enforced as outlined in the GECO Employee Manual.

 

Implementation and Compliance:

• GECO conducts regular training to ensure awareness of anti-bribery responsibilities.
• Compliance is monitored through periodic audits and risk assessments.
• Policies are regularly reviewed and updated to reflect legal changes and best practices.

 

Review and Revision:

This policy is reviewed annually to ensure effectiveness and alignment with GECO values and legal requirements, incorporating stakeholder feedback and expert insights.