Compliance

MESSAGE FROM THE LEADERSHIP

Integrity is one of the key values driving business at Marfrig. The Company is firmly convinced that ethics and transparency in all relations are fundamental issues, and continuously strives to enhance these values by providing employees and such other target audiences as suppliers with instructions and guidelines on good behavior and good conduct.

We are committed to continually improving our ethical and transparency practices: these efforts are concentrated in our Compliance Program, which attained five years of age in 2020. Since the introduction of the program, significant progress has been made on this front, ensuring that there is a culture of respect and the valuing of ethical behaviors.

WHAT IS COMPLIANCE EXACTLY?

The word “Compliance” word derives from the English verb “to comply with”, synonyms for which may include ‘to obey’ or ‘to observe’. In the corporate universe it means acting in harmony with a set of rules, policies, practices and guidelines adopted by companies, aligned with laws, regulations and ethical standards. The Compliance Department aims to establish a culture of integrity that will ensure that ethical, honest and transparent relations will flourish between the company and its target audiences. Marfrig is striving to establish a Compliance culture that will engage 100% of its employees. All these practices and guidelines, as adopted, make up the Compliance Program.

Pillars

Marfrig’s Compliance Program rests upon five pillars::

Continuous Monitoring

Policies and training

Continuous Risk Management

Support from the Top Management

The hierarchical level responsible

  • :

    • Continuous Monitoring
    • Policies and training
    • Continuous Risk Management
    • Support from the Top Management
    • The hierarchical level responsible

Program

The Compliance Program rests on Marfrig’s Best Practices in Governance and Culture and is based on three premises:

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Timeline

Since its creation in 2015, Marfrig’s Compliance Program has undergone constant enhancements in order to keep the company’s practices at market-leading standard.