Compliance

Our commitment

We are committed to acting within the highest ethical standards, following the guidelines of the Code of Conduct and Anti-Corruption and in strict compliance with applicable laws and regulations. Through people, processes and tools, a Culture of Compliance promotes and disseminates corporate guidelines that continuously build and strengthen an environment of respect and trust.

 

Ethics and integrity — the Prumo values behind our sustainability strategy — guide all aspects of our behavior. We believe that these values are essential to maintain an environment of integrity, protect the Company’s interests, and develop safe and transparent relationships with employees, clients, suppliers and the community.”

Tadeu Fraga

Prumo CEO

Integrity program structure

Our Compliance Program is based on four pillars: prevention, identification, response, and enhancement. Learn below about each pillar and the actions that have been or are being implemented:

Code of conduct and Policies

Code of Conduct and Anti-Corruption

Shows our commitment to ethics and integrity and lists the main guidelines that must be observed when doing business.

Sponsorship Policy

Establishes rules for assessment, selection and approval of sponsorship projects that value relevant initiatives that are relevant to society.

Reporting channel

Prumo Reporting Channel Logo

An exclusive channel for safe and, if desired, anonymous report of behavior that violates our Code of Conduct and Anti-Corruption and our good practices, as well as any aspects involving corruption and other irregularities defined by Law 12846/13 and other current legislation.

Internal audit

Internal Audit plays a relevant role in business and stands for good governance. Using an approach that is systematic, independent, and impartial, we foster continuous improvement of the Group’s internal control system, risk management process and corporate governance, providing regular reports to committees associated with the Board of Directors.

To promote ethics and integrity values within the Company, in 2020 we participated for the first time in a campaign launched by the Institute of Internal Auditors (IIA), which included several actions to raise awareness about Internal Audit. The institute selects and rewards companies that stand out when it comes to promoting the audit’s importance for the business. In 2020, our efforts ensured our first recognition award by the IIA!

selo IIA MAY 2020
selo IIA MAY 2021

Documents

Company's Financial Statements

Report on Actions Against the Pandemic

Video

FAQ

Prumo understands that organizations play a key role in the fight against corruption and bribery and seeks to encourage practices that strengthen a culture of integrity and transparency. We are committed to acting within the highest standards of conduct, with Ethics and Integrity in everything we do and always respecting all laws and regulations applicable to the Company. We believe that this attitude contributes to build fair and sustainable businesses, as well as efficient and honest markets.

Prumo and its subsidiaries never charge any fees for participation in their procurement processes and do not accept such practice from their suppliers. If there is such a request, we recommend that no payment be made because this is not a legitimate situation or a situation that is backed by Prumo or any of its subsidiaries.

Situations in which the personal interests of an employee conflict with the interests of the Company, compromising the person’s professional duties and possibly causing harm to the Company. Employees are prohibited from having direct or indirect participation in activities that are defined as in conflict with the interests of the Company. A conflict of interest exists even if it does not result in any unethical or improper act.

Any attitudes that violate the Code of Conduct and Anti-Corruption or current legislation may be reported 24/7 to Prumo’s Reporting Channel in a confidential and safe manner. The Reporting Channel is also available to the public and guarantees the anonymity of the whistleblower, if the person so desires.