ETHICS, COMPLIANCE, AND HUMAN RIGHTS

Starting with our Code of Ethics, which provides an overarching mission and policy framework, ethics and compliance are integrated into the operational and business processes through which we engage our workforce, customers, suppliers, investors, community members, and other stakeholders.

A new SABIC Code of Ethics was approved by the board in September 2023 and will be rolled out to all employees with a multi-language campaign, communications, and video, along with new guidance support during the first quarter of 2024.

COMPLIANCE INVESTIGATIONS

We encourage employees to report any integrity concerns and to inquire and ask for guidance as necessary. We also enable external stakeholders such as customers, suppliers, and community members to raise concerns through several channels.

In 2023, we investigated 147 Code of Ethics policy concerns; 51 have been found to be violations and 114 investigations have been closed.

COMPLIANCE TRAINING

To build the right foundation for our integrity culture, all employees are required to complete compliance training, covering all key regulations and laws associated with responsibilities and risks related to their work duties, once every two years. In addition, SABIC conducts in-person and virtual training where appropriate.

ONLINE TRAINING

_{Disclaimer: This abridged interactive version of the SABIC Integrated Annual Report 2023 is based on the original PDF report published on this website. In case of any discrepancy, the original PDF report will prevail.}