Preventing CorruptionRead More about Preventing Corruption
Prevention of Corruption
As a global company that operates in over 20 countries and employs about 16,000 people, Strauss Group has a very wide reach. Therefore, we are obligated to ensure that our business activities throughout the world are carried out in line with highest moral standards, and that we prevent potential risks associated with corruption.
Strauss Group complies with all laws and regulations for the prevention of bribery and corruption applicable in all our regions of operation, including the US Foreign Corrupt Practices Act (FCPA, 1977) for the prevention of corruption abroad, the British Bribery Act (2010) for the prevention of bribery, and other laws and regulations. Violation or alleged violation of the laws for the prevention of corruption could result in damage to the reputation of Strauss Group and to its employees, and could culminate in punishments stipulated by law, including monetary fines or imprisonment. Violation of corruption prevention laws will lead to significant disciplinary action being taken against employees, that could include dismissal (for more see the Group’s Charter for the Prevention of Bribery and Corruption). In 2020, no significant instances of corruption or bribery were reported in the Group.
Ethics, Compliance and Prevention of Corruption
We make every effort to comply with the laws and regulations relevant to our activities, as well as with our organization’s internal standards, in every country in which we operate. Strauss Group managers are responsible for adhering to the enforcement plan and reporting to the managers and directors, or to the Board of Directors accordingly. Strauss Group’s internal controller performs regular reviews to assess the scope of the implementation of the company’s enforcement programs.
We work according to our Code of Ethics, available in 11 languages, which guides our employees on the behaviors that are expected of them as a member of Strauss Group. All new employees undergo training on the Code of Ethics, and all employees receive bi-annual refresher courses. Each business unit has an Ethics Officer who is the point of contact for employee questions and reports on suspected ethical violations. The Ethics Officers run local ethics courses and make sure that employees work according to the procedures.
We run our business with integrity, without resorting to bribery. Therefore, we will not receive from or give to any person, directly or indirectly, anything of value with the intention of receiving or granting an advantage through misconduct or any other unfair advantage.
Relevant employees participate in training on Strauss Group’s anti-bribery and corruption policy, on specific policies, as well as on specific procedures on the subjects of giving and receiving gifts, donations and contracting via third parties who act on our behalf. The training includes a frontal class, online training and regular updates.
The hotline for reporting potential violations of the Code of Ethics and/or laws that the Group is subject to, was established in 2009, and has been run by an internal controller since January 2011. We encourage Strauss Group employees around the world to submit reports via the hotline, without fear or retribution. As part of an upgrade of our ethics infrastructure, the hotline platform was updated, including making the website easy and convenient to use and available to all employees in a number of languages, supported internally. In 2020, no calls to the hotline were received.
We transparently report on the influence of our activities in this Sustainability Report, which also serves as an annual report on our progress in the United Nations’ Global Compact. We believe in transparency towards our stakeholders, and in providing all the information they require to make informed decisions regarding Strauss Group. From time to time, we publish additional reports or local reports.
Protecting Personal Information
With the entry into force of various data protection laws, including the General Data Protection Regulation (GDPR) in Europe and privacy regulations in Israel, which set strict rules and limits for the collection and use of personal information, we analyze our activities to identify the changes that will be required to ensure full compliance. In 2018, we defined contractual and administrative frameworks to ensure compliance with information privacy requirements. In 2019, the implementation process, including writing procedures and policies on the subject, was completed, while comprehensive training for hundreds of employees in positions affected by the information protection law requirements was implemented. In addition, we strictly apply the Strauss Group Information Privacy Charter, which sets out the basic goals, expectations and principles that reflect Strauss’s approach to information protection and privacy. (For more information, see the Strauss Information and Privacy Charter)
Protection of Private Information
In line with the global emphasis placed on the protection of personal identifying information, we act and continue to work towards implementing the field of privacy protection in the company, including formulating policies and procedures on the subject, requiring suppliers to commit to personal privacy standards, and conducting training of employees in roles impacted by legal requirements and privacy protection regulations. In addition, we are rigorously implementing the Strauss Group Information Privacy Charter (for more information, see the Strauss Group ).