Introduction and purpose

At GARO Group, we are dedicated to fostering a business environment defined by integrity, ethical conduct, and transparency. Our Anti-Corruption Policy outlines clear guidelines and principles to combat any form of corruption or bribery. All employees, board members and consultants within the GARO Group are expected to adhere to this policy, ensuring compliance with local and international anti-corruption laws.

Main principles

• Legal Compliance: GARO complies with all relevant laws in every market we operate.
• Ethical Standards: We operate with high ethical standards and do not tolerate bribery in any form.
• Transparency: Business dealings should be open, transparent, and free from undue influence or benefits.

Hospitality and gifts

Our policy prohibits the acceptance or giving of gifts that could be construed as bribery. Limited hospitality may be accepted if it serves to foster legitimate business relationships, but strict guidelines are in place to avoid conflicts of interest.

Risk analysis and due diligence

Regular risk assessments are conducted to identify areas susceptible to corruption. Business partners undergo appropriate due diligence based on risk levels to ensure that they meet our ethical standards.