Publisher: Maaal International Media Company
License: 465734
SABIC has earned the Compliance Leader Verification™ for 2024 and 2025 from Ethisphere, a global leader in defining and advancing the standards of ethical business practices. This is the third consecutive Compliance Leader Verification for SABIC, confirming the continued strength and depth of the company’s Ethics & Compliance Program.
SABIC’s Ethics & Compliance Program, including its policies and systems, defines its culture of integrity, respect and diversity and ensures that the company’s business decisions are based upon its values and comply with regulatory requirements and the law. The Compliance Leader Verification process involves the rigorous review of this Program on six key areas: Program Resources and Structure; Perceptions of its Ethical Culture; Written Standards; Training and Communication; Risk assessment, Monitoring and Detection; and Enforcement, Discipline, and Incentives.
“We are very pleased with this recognition, affirming that our Ethics & Compliance Program effectively meets the highest standards for compliance and business ethics,” said Bo van Zeeland, SABIC Global Chief Counsel, Business Ethics & Compliance. “This is a testament to the commitment of our employees to live and breathe SABIC’s values and integrity in their daily work lives.”
For several years now, SABIC has been a member of Ethisphere’s Business Ethics Leadership Alliance (BELA). The company leverages Ethisphere’s and other organizations’ various educational programs, networking and benchmarking opportunities to strengthen its Ethics & Compliance program and build compliance leadership capacity internally and externally with its stakeholders.