Compliance

Our standards apply to all Group companies and require to act lawfully, ethically, and in the best interests of Sabancı Group whereever our business operate.

In 2022, Sabancı Group improved and strengthened its compliance program. The Group issued policies on competition, sanctions and export controls, third-parties, and data privacy by consolidating efforts among all strategic business units to facilitate working together and sharing knowledge.

Competition and anti-trust

As a Group, we ensure that our companies compete fairly and ethically, in line with competition laws. Where Group companies are involved in mergers and acquisitions, the Group conducts a competition risk assessment and ensures mandatory filings are made before the transaction completes. Competition training and on-the-spot inspection efforts are planned in detail.

Sanctions and export controls

Sabancı Group companies operate in regions throughout the world. This expansive geographic footprint requires dedicated attention to complex trade sanctions and export control laws and regulations that prohibit the import, export or re‑export of certain products and services to or from certain countries or parties.

The Sanctions and Export Control Policy is formulated to ensuring that our business is conducted in compliance with all applicable sanctions and export control regimes. Necessary internal controls are in place to minimise the risk of breaching sanctions and export controls.

Third parties

Sabancı Group companies are market leaders in most of their respective sectors and engage with a wide range of third parties including suppliers, distributors, intermediaries, agents and business consultants. This broad scope of commercial relationships increases the likelihood of Sabancı Group companies being held accountable for non‑compliant activities and behaviors of business partners.

The Third‑Party Due Diligence Policy is designed to assess third party risks, perform enhanced due diligence where appropriate and take measures and safeguards to mitigate risks. It requires all third parties to comply with laws and regulations as well as Sabancı Group standards.

Data privacy

It is essential for Sabancı Group to protect personal data, confidential information, and IT systems from unauthorized access, use or disclosure. The Data Protection Committee is committed to adopting and implementing industry best practices to keep pace with emerging developments, providing company‑wide guidance and implementing security measures in collaboration with the cyber security team. Procedures were introduced to govern information security, cloud computing systems and personal data security breach. The Group launched the data loss prevention system and regularly provides privacy training to its employees.