Involvement grounded in respect for ethics
As part of its commitment to following the rules of ethics and combating corruption, Michelin regularly informs and trains its people at every level. These guiding principles are set out in the Group's Code of Ethics.
Everyone has a role to play in upholding the Group's integrity
The Group pays particular attention to the risk of ethics violations. Michelin expects every employee to consistently act with integrity and to respect the internal and external standards that have underpinned our corporate culture for over a century. Any conduct that runs counter to these values would lay Michelin open to the risk of a violation of ethics that could jeopardize the Group's integrity.
Training and whistleblowing procedures
The Group has set up two concurrent initiatives:
- Information and training sessions are organized (on-site and/or online, depending on the country) to instill the Code of Ethics' principles in every employee's mindset.
- Whistleblowing procedures enable employees to anonymously and securely report potential violations of the Code of Ethics or the Michelin Performance and Responsibility Charter.
A Group Ethics Committee meets three or four times a year under the responsibility of the Director of Geographic Zones. It comprises the Heads of the Legal Affairs, Finance, Personnel, Safety and Security, Quality, Audit and Risk Management Departments. Regional Ethics Committee also meet in the geographic zones.
Taking a firm stand on preventing corruption
The Group's anti-corruption process is based on prevention, training, internal control and disciplinary measures, and is rigorously implemented across every department.
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Paying particular attention to purchasing practices
The Michelin Purchasing Department abides by the code of conduct and ethics in all its relations with suppliers and their subcontractors. The Michelin Purchasing Principles provide common rules for everyone to refer to and comply with in all circumstances. The document, translated in 12 languages, is available on the Michelin Purchasing website.
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