ECONOMY

BUSINESS: 240 PRACTICES


TOPIC:

Initiative

Development and implementation of the new integrated Code of Business Conduct

Development and implementation of the new integrated Code of Business Conduct
SUBMITTED FROM:

HERACLES GROUP

Heracles Group is Greece's largest cement producer and has been serving the market for more than 100 years. The Group is operating in the industry of cement production and marketing, aggregates and concrete in Greece and in more than 20 countries. 

 

Read more:  www.lafarge.gr


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Objective Action

LafargeHolcim where AGET is part, targeted to the development of an integrated Code of Business Conduct in order to set certain standards of behavior for all employees and executives of the Group as well as for suppliers of goods and services. The code is designed to build trust at all levels.

Our Code of Business Conduct supports and accompanies the Principles. It is consistent with the global code of the LafargeHollcim Group but reflects the circumstances and legal requirements that apply to our business in Greece. It was first set out and released to Heracles employees in 2015.

 

Target Audience

The Code of Business Conduct sets certain standards of behavior for all employees and executives of the Group as well as for suppliers of goods and services. At the same time the development and implementation of the Code sends at the wide society the message that the company operates at the highest standards of ethical behavior and integrity.

 

Duration

From 2015 until today.


Description

The company has embraced the strictest standards for transparency. Systems such as a sophisticated chart of rights and responsibilities, segregation of duties and a structured audit system and reporting tools, shape a robust internal controls environment.

In this context, the implementation of the new Code of Business Conduct was begun in order to sets certain standards of behavior for all employees and executives of the Group as well as for suppliers of goods and services. The code is designed to build trust at all levels.

The Code of Business Conduct supports and accompanies the Principles. It is consistent with the global code of the LafargeHollcim Group but reflects the circumstances and legal requirements that apply to our business in Greece. It was first set out and released to Heracles employees in 2015.

The Code offers guidance and provides examples to help employees when they are confronted with challenging situations in daily work. It also contains references to LafargeHolcim policies, relevant laws, and regulations because these provide the background for many of the topics included in the Code and our Compliance Program.

All employees and executives, regardless their position, must follow during the execution of their duties the rules that the code introduces, which are part of their responsibilities. All employees and executives must safeguard that these rules are implemented also by the members of the team or the persons they manage.

LafargeHolcim strives to create an environment where honesty and accountability flourish and compliance is a central focus. Using common sense and good judgment together with the Code and LafargeHolcim policies and directives will usually be sufficient to ensure business is conducted with integrity. Our Code cannot anticipate every situation we might encounter in the workplace, but it will help us to make sound and ethical decisions.


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Impact on Society

The Code of Business Conduct sets certain standards of behavior for all employees and executives of the Group as well as for suppliers of goods and services. At the same time the development and implementation of the Code sends at the wide society the message that the company operates at the highest standards of ethical behavior and integrity.

The new Code of Business Conduct is successfully implemented for a period of time more than a year.



Initiative Location

All business units of LafargeHolcim Group, for all employees and executives of the Group as well as suppliers of goods and services.


Working with Organization

For the development of the new Code of Business Conduct a special working group was formed which used international standards and practices, as well as the feedback from various departments and Group subsidiaries. Moreover, the working group incorporated also the feedback from various stakeholder groups.


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Workers Participation

For the development of the new Code of Business Conduct a special working group was formed, with the participation of LafargeHolcim Group employees.


Benefits for Οrganization

The Code offers guidance and provides examples to help employees when they are confronted with challenging situations in daily work. It also contains references to LafargeHolcim policies, relevant laws, and regulations because these provide the background for many of the topics included in the Code and our Compliance Program.

The new Code of Business Conduct is successfully implemented for a period of time more than a year.




Connection with Global Goals







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Community Engagement: Local stakeholders relations

Development & implementation of a scientific project for the conservation of endemic species - Quarry area in Araxos, Achaia

Development of the innovative product “oikiaLAVA” in cooperation with the Laboratory of Vegetable Crops of the Agriculture Faculty of AUTH

Industrial symbiosis: Reduction of water footprint

Innovation strategy and innovative products development aiming to support sustainable construction

LafargeHolcim Human Rights management system

Use of alternatives fuels and biomass



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