SABIC wins compliance leader verification status

SABIC wins compliance leader verification status
Published: 22 October 2019 - 3 a.m.
By: Martin Menachery
On 9 October 2019, the Ethisphere Institute announced that SABIC was awarded the compliance leader verification designation. The Ethisphere Institute is a globally recognised organisation that brings together leading global companies to define the best practices in ethics and compliance programmes and advance ethical business performance through data driven assessments, benchmarking and guidance.

This designation follows Ethisphere’s comprehensive independent review, evaluation and validation of SABIC’S ethics and compliance programme. The designation permits SABIC to display the logo as an indication of Ethisphere’s recognition of the excellence of SABIC’s ethics and compliance programme and the company’s culture of integrity.

Led by legal affairs, a cross-functional team worked diligently to achieve this designation, including responding to a comprehensive assessment survey and submitting substantial documentary support. Senior leaders in the legal, HR, ERM, sustainability, procurement, audit and other functions participated in interviews with Ethisphere evaluators. According to Laurie Gallagher, general manager and chief counsel of SABIC’s compliance an litigation team, “this award is a testament not only to the strength of our ethics and compliance programme but also to the dedication and commitment of our CEO, executive leadership, board of directors, and all SABIC employees who work with the highest integrity each and every day.

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