California Transparency in Supply Chains Act
This page serves as Saudi Basic Industries Corporation’s (SABIC’s) disclosure under the California Transparency in Supply Chains Act.
SABIC’s commitment to a strong integrity culture is fundamental to the Company’s continued growth as a world leader in chemicals. The SABIC Code of Ethics is the foundation of our integrity culture. The SABIC Code of Ethics provides the foundation for our business culture and underscores our commitment to perform with integrity. The Code of Ethics provides guidelines for employee behavior and affirms our commitment to uphold our core values such as our commitment to our employees, standards for doing business, and our relationship with our communities. We embrace the SABIC Code of Ethics, every day and in every business dealing across the globe. SABIC fully endorses and adheres to principles promoting awareness and enhancing respect for human rights, labor, the environment, and anti-corruption. Our Human Rights Program highlights our commitment to respect human rights and our due diligence processes to minimize human rights risks in our value chain.
SUPPLIER DUE DILIGENCE
Before SABIC engages with any new supplier, we undertake due diligence to ensure that any risk associated with the supplier is identified and managed effectively. This may include checks for supplier identity and financial viability, as well as compliance vetting for issues such as anti-money laundering, anti-bribery and corruption, and environmental compliance. All suppliers are required to register in the SABIC Supplier Due Diligence program and complete a questionnaire, with questions that evaluate and address risks of human trafficking and slavery. High-risk suppliers may be subject to an on‐site audit and any human rights risks are addressed accordingly.
CERTIFICATION AND ACCOUNTABILITY
The SABIC Supplier Code of Conduct requests each SABIC supplier globally to agree to adhere to its principles. Included in the principles are provisions regarding fair employment, such as prohibitions on forced labor and child labor and a requirement to adhere to applicable laws on wages, working conditions, hours, and more. We hold our suppliers accountable for providing safe and healthy workspaces for their workers and ensuring respect for human rights. We will not work with suppliers engaged in any form of corruption or human rights violations, including child or forced labor, human trafficking or discrimination.
TRAINING ON SLAVERY AND HUMAN TRAFFICKING
All SABIC employees receive training on our Fair Employment concepts in the Code of Ethics. Additionally, SABIC utilizes a comprehensive, local language compliance-training program on avoiding trafficked labor for our third-party business partners including suppliers, contractors and distributors.
Employees can seek compliance guidance from their managers, Legal Affairs, Human Resources and over 65 Compliance Helpline Leaders worldwide. All stakeholders, including customers, employees, suppliers, contractors, distributors and the communities in which we operate, can use our Speak Up tool to raise concerns on compliance violations. Trained personnel investigate all incidents in a timely manner. We investigate all credible reports of suspected misconduct. Confirmed violations are addressed with corrective actions, including employee discipline or dismissal.