ZAK approved the Anti-Corruption Program

Zaporizhzhia Abrasive Combine Private Joint-Stock Company announces the approval of its Anti-Corruption Program, declaring zero tolerance for corruption.The program establishes a set of rules, standards and procedures aimed at preventing, detecting, and countering corruption in the activities of the plant.

This Program is mandatory for officials of all levels, employees, contractors, partners, and other persons having relations with the enterprise. It covers all aspects of business, including relationships with business partners, officials, authorities, local governments, and others.
The program includes a wide range of anti-corruption measures that cover expenditure controls, identifying conflicts of interest, implementing confidential reporting mechanisms and much more.

“We strongly condemn corruption as an illegal and unethical way of conducting business and welcome the unwavering compliance with the provisions of this Program by counterparties and other persons,” the company’s statement says.

The Zaporizhzhia Abrasive Plant is taking an essential step in ensuring its sustainable development and taking care of its business reputation, confirming its moral position in the fight against corruption and promoting an increase in the level of anti-corruption culture among the company’s employees.