Ethics and Compliance
Global Code of Conduct & Ethics
In 2017, CFAO South Africa adopted the Global Code of Conduct & Ethics ("COCE") of Toyota Tsusho Corporation Group ("TTC").
The COCE focuses on 10 key principles globally inspired from international standards and in accordance with the Groups corporate philosophy & behavioural guidelines.
THE TEN CREEDS:
- We are committed to “ANZEN” to create a safe and healthy work environment
- We will comply with all applicable laws and regulations; including anti-corruption, anti-trust and competition law, and trade laws and regulations.
- We are committed to accurate financial reporting.
- We are accountable for compliance with all company rules.
- We will act with integrity, honesty and transparency, and protect and develop trust among all stakeholders.
- We will contribute to the sustainable development of society.
- We will promote and pursue environmentally friendly corporate activities.
- We will add value through innovation and “Kaizen” (continuous improvement).
- We will respect human rights.
- We will embrace diversity and inclusion within our company and society.
Anti-bribery & Corruption
In March 2020, CFAO South Africa, adopted the CFAO Group anti-bribery & corruption Policy (“ABCP”) to confirm the commitment within the Group, to fight against corruption and influence peddling and to further adopt procedures to mitigate situations, usually considered as risky.
In November 2022, as part of our continuous improvement of the CFAO compliance program, the Executive Committee validated the CFAO Group Anti-Corruption Code of Conduct, which is intended to supplement the COCE by defining more specifically, the fight against corruption and to replace existing policies by simplifying and harmonizing them within the Group. This Code is further supplemented by dedicated procedures relating to the whistleblowing procedure, the prevention of conflicts of interest and the evaluation of third parties, etc.
Anti-bribery & Corruption
In March 2020, CFAO South Africa, adopted the CFAO Group anti-bribery & corruption Policy (“ABCP”) to confirm the commitment within the Group, to fight against corruption and influence peddling and to further adopt procedures to mitigate situations, usually considered as risky.
In November 2022, as part of our continuous improvement of the CFAO compliance program, the Executive Committee validated the CFAO Group Anti-Corruption Code of Conduct, which is intended to supplement the COCE by defining more specifically, the fight against corruption and to replace existing policies by simplifying and harmonizing them within the Group. This Code is further supplemented by dedicated procedures relating to the whistleblowing procedure, the prevention of conflicts of interest and the evaluation of third parties, etc.
