Ethical Business
Anti-corruption
BMS forbids bribery, kickbacks or improper payments anywhere in the world even if the refusal to make such a payment may result in BMS losing a business opportunity. We do not offer any improper payments, benefits or anything of value to influence decisions, obtain or retain business, or otherwise secure any improper advantage. BMS is committed to compliance with international anti-corruption laws and standards such as the U.S. Foreign Corrupt Practices Act, the U.K. Bribery Act and similar laws in other countries.
To support our anti-corruption program, we have implemented anti-bribery policies and required training for workers, complemented by risk assessment and regular monitoring and regular auditing of our relevant activities. We expect our third parties to also conduct their business in compliance with applicable laws, regulations, guidelines and industry codes and in an ethical manner, as enshrined in our Standards of Business Conduct and Ethics for Third Parties. To ensure third-party compliance, we systematically complete due diligence and monitoring.
Learn more:
Learn more in our inaugural report on our anti-corruption compliance program based on Norges Bank Investment Management and the Basel Institute on Governance’s November 2020 “Guidance note on company reporting on anti-corruption efforts.”