Sonepar confirms that it will present its anti-corruption and influence peddling programme to the Enforcement Committee of the French Anti-Corruption Agency on June 25, 2019.
Sonepar has implemented the eight measures and procedures set out in article 17 II of the Sapin II law: risk map, code of conduct, third party due diligence procedure, accounting control system, procedure for internal monitoring and assessment of these measures, internal whistleblowing scheme, training programme and internal disciplinary procedure.
Since its creation in 1969, one of the guiding principles of Sonepar has always been its respect for the rules of ethics and good governance embodied and handed down by the Group’s founder, even though studies from international organisations[1] show that the distribution sector's exposure to the risk of corruption is low.
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.
[1] OECD : https://www.oecd.org/corruption/oecd-foreign-bribery-report-9789264226616-en.htm ; TRACE Global Enforcement Report 2018 : https://www.traceinternational.org/ger