Rules on ethics and transparency
Groupe PSA’s business culture, based on responsibility and respect, is reflected in requirements on ethics and transparency backed by rigorous systems applying to all its stakeholders, both external and internal.
Consistent with the commitment of its leaders, the company strives to ensure ethical business practices, notably through a zero-tolerance approach to corruption and the failure to respect competition rules.
In 2017, Groupe PSA has published its Anti-corruption Code of Conduct which applies to all employees and reminded its requirements regarding the relationship with Agents and Intermediaries. Translated into 22 languages, a Code of Ethics sets out for all employees ethical guidelines in the fulfilment of their responsibilities. Campaigns are carried out regularly with all employees to increase acceptance of the Code of Ethics. At the end of 2017, 18,122 people had individually signed up to the Code of Ethics in 15 countries. A rigorous approach to prevention and monitoring is supervised by an Ethics and Compliance Committee, assisted by Compliance Officers and deployed by an international network comprising Chief Ethics Officers and heads of Internal Control, Compliance and Risk Management in each Group department.
In 2018, Groupe PSA implements a worldwide whistleblowing system operated by an independent service provider, which collects reports from employees on unethical or illegal conduct they observe. Reports are dealt with in compliance with whistleblowing and non retaliation Policy