Ethics & Compliance
ETHOS, a worldwide CEMEX initiative supported by employees from diverse areas of the company, seeks to embrace these standards and promote actions that will evolve and strengthen our corporate culture.
ETHOS is designed to help our employees integrate ethics and compliance into their daily work. ETHOS offers our employees the following benefit:
- Guidance on ethics, compliance and governance topics. Access to an array of courses related to ethics and compliance
- Access to corporate global and local policies
- Advice and tools to help them manage ethical dilemmas
- ETHOS Line, a safe and confidential channel to ask questions and report violations related to ethics, compliance, and governance topics
- Increased awareness of the business and personal implications of misconduct
Our Code of Ethics allows CEMEX to clearly and rapidly communicate its culture and values to our employees. Ethical behaviour is key for CEMEX's success.
Read our Code of Ethics to find relevant aspects of our Ethics and Company Values.
Compliance means acting in accordance with the letter and the spirit of the law, our Code of Ethics and our corporate policies. At CEMEX, we must comply with all applicable laws and policies, without exception. The importance of this principle cannot be overstated: if we compromise on matters that we perceive as small or unimportant, we cross a threshold that can easily lead us to more serious misconduct, putting the company's and our own personal situation at risk, and causing grave harm to our corporate culture.
Slavery and human trafficking are abhorrent crimes and we all have a responsibility to ensure that they do not continue. At CEMEX we are proud of the steps we have taken as a company to combat this practice and pride ourselves on conducting our business ethically and responsibly.
Our Slavery and Human Trafficking Statement shows our commitment to ensure that modern slavery is not taking place in our business or any of our supply chains.
The Golden Rule. CEMEX does not tolerate bribery in any form.
What is it? Under applicable laws in the United States, Europe, and other places where CEMEX does business, it is a crime for CEMEX directly, or through an intermediary, to offer, pay, or promise to pay, a bribe or anything of value to a government official (including employees of state-owned enterprises and officers of public international organizations) for the purpose of obtaining or retaining business. The term "anything of value" includes both monetary and non-monetary gifts and bribes, and can include favours and other types of consideration.
Why is it important? Bribery and corruption represent illegal, unethical and socially irresponsible activities that can have harsh implications, such as:
- Grave harm to corporate and personal reputations
- Substantial civil and criminal penalties
- Loss of important market opportunities
- Market distortions and perpetuation of improper business practices
- Costly and stressful litigation for companies and individuals
- Harmful and corrosive impact on societies and communities