Employees

Employees

The Thin Line Between Corporate Gifts and Hospitalities, and Corruption

As we approach different festivities and holidays Cemex employees must act in accordance with Cemex’s Code of Ethics and Business Conduct and the Global Anti-Corruption Policy. We must observe the following guidelines when providing or receiving gifts and hospitalities:

  1. Guidelines for providing gifts & hospitalities:
  • Permitted maximum value for government officials: US$100.
    • Remember to request prior authorisation through the Government Interaction Tool.
  • Permitted maximum value for other third parties who are not government officials: US$200. You can only exceed this amount if you receive the corresponding pre-approvals.
  • The expense should be accurately accounted for in Cemex’s books and records.
  1. Guidelines for receiving gifts & hospitalities:
  • Permitted maximum value for receiving any gift or hospitality: US$100.
  • Reject any gift that is offered to you that exceeds US$100 in value. If you are not able to reject the gifts or hospitalities that exceed the allowed amount, inform your Supervisor and discuss possible outcomes (i.e., donation to Cemex, etc.).
  • Inform your supervisor and receive their authorisation in writing.

When you give and/or receive any gifts and/or hospitalities, you must ensure these are reasonable, that they do not influence a third-party’s or our ability to make objective decisions, and that it is exchanged for legitimate business reasons.

Please contact the Corporate Legal Compliance Department at: CemexLegalCompliance@cemex.com if you have any questions about these guidelines and remember to review Cemex’s Global Anti-Corruption Policy in our Policy Centre at spark!