Megalabs
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Governance
- Anti-corruption
Governance Achievements
- Established a Global Anti-Corruption Program with defined methodology, implementation, and evaluation processes.
- Defined roles and responsibilities for the Board, Ethics Committee, CCO, and local Compliance Officers.
- Developed a risk assessment methodology to identify and mitigate corruption risks.
- Implemented policies and procedures addressing donations, gifts, government relations, discounts, and promotions.
- Established a whistleblower program for reporting corruption and other unethical conduct.
- Created a training and communication plan to educate employees on anti-corruption policies.
Climate Goals & Targets
Environmental Challenges
- Risks of corruption in various business processes (purchases, contracts, etc.)
Mitigation Strategies
- Implementation of the Global Anti-Corruption Program to prevent, detect, investigate, and respond to corruption risks.
- Risk assessment and due diligence processes to identify and mitigate corruption risks.
- Establishment of policies and procedures to address various corruption risks.
- Training and communication programs to raise awareness and promote ethical conduct.
- Whistleblower program to encourage reporting of unethical behavior.
Supply Chain Management
Responsible Procurement
- Supplier homologation criteria based on business relationship characteristics and risk assessment.