Sonepar is proud to have been officially declared compliant with all the requirements of Article 17, II of France’s Sapin II anti-corruption law.

 

Paris, July 10th 2019

Sonepar is proud to have been officially declared compliant with all the requirements of Article 17, II of France’s Sapin II anti-corruption law. The decision was handed down on July 4, 2019 by the Enforcement Committee of the French anti-corruption agency (Agence française anticorruption – AFA).

Even before the law had taken effect, Sonepar had rolled out all of the eight measures and procedures required: code of conduct, internal whistleblowing scheme, risk map, third party due diligence procedures, accounting control procedures, training program, internal disciplinary procedure, procedure for internal monitoring and assessment of these measures.

Sonepar is delighted to be the first French company ever to have had its compliance program approved by the highest ranking French anti-corruption authority, following a hearing that the Group requested remain open to the public to ensure transparency and share knowledge with other French companies.

“On behalf of the Group’s 46,000 associates, I salute this eagerly awaited decision. Since Sonepar’s creation in 1969, complying with the rules of ethics and good governance, as embodied and passed down by our founder, has always been a priority for the Group,” said Marie-Christine Coisne-Roquette, Chairman of the Sonepar Group. 

As the global market leader in B-to-B distribution of electrical products, the independent French Sonepar Group intends to remain exemplary in ethics as well as performance, competitiveness, development and innovation.

 

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About Sonepar 

Sonepar is an independent family-owned group with global market leadership in the B-to-B distribution of electrical products, solutions and related services. Assisting customers in a wide range of markets and drawing on the skill and passion of its 46,000 associates, Sonepar has revenue of €22.4 billion (as of 31 December 2018). Through a dense network of 170 operating companies spanning 44 countries and 5 continents, and the digital solutions developed, the Sonepar Group delivers greater service and enhanced customer relations every day. Sonepar’s ambition is to become “La Référence” – the standard-setter for all its stakeholders.

www.sonepar.com

 

Press contacts

Sonepar                                                                     Havas Paris

Matt Pothecary                                                        Stéphanie Prunier

+33 (0)6 08 07 81 10                                              +33 (0)6 10 51 74 20

Please download the press release here.

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