08/10/2018

Press release: SIBUR gets certified against ISO standard for compliance management

Moscow, 8 October 2018. SIBUR has successfully passed an independent audit that certified its compliance with the international standard ISO 19600:2014 – Compliance Management Systems. Including SIBUR, only three Russian companies have so far been certified against this standard, which testifies to the Company’s high standards for operating excellence. The certification audit was conducted by an international team of analysts at Bureau Veritas Certification Rus. The compliance certificate is valid until 2021 and will require annual surveillance audits.

ISO 19600 provides guidelines for establishing a compliance management system or improving an existing one. The certificate confirms that SIBUR’s compliance management systems are in line with international standards in combating corruption, preventing insider trading, identifying and managing conflicts of interest, preventing antitrust law violations, and implementing procedures for gifts and hospitality.

Alexey Kozlov, Managing Director and Member of SIBUR’s Management Board, said: “Certification against the ISO standard once again highlights SIBUR’s commitment to principles of responsible business and ethics.”


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