KGHM’s values bind all employees, regardless of their position in the organisation or nationality, and are a guidepost for all decisions and actions taken. KGHM operates on the basis of deeply rooted values and principles which its employees follow in their daily work. Zero harm, teamwork, results driven, accountability and courage – these values connect all of KGHM’s employees, whether they work in mines, processing plants or smelters, in Poland or in other parts of the world. Values of KGHM Polska Miedź S.A.
Zero harm is the top priority of the Company’s value hierarchy:
Attainment of results while focusing on KGHM’s long-term success.
All Company Employees are jointly responsible for the actions taken for the benefit of our stakeholders:
The Company addresses new challenges:
Teamwork is the basis for the Company’s success:
The main tool for building the corporate culture of the Group is the Code of Ethics of the KGHM Polska Miedź S.A. Group, which helps define priorities and establish a set of principles applicable to all employees in their daily work. It defines Key Ethical Standards which are implemented through the principles of ethical conduct.
In order to implement the principles and values contained in the Code of Ethics effectively, other relevant policies and procedures have been introduced in the whole Group. Their implementation meets global corporate governance standards and the growing expectations of stakeholders – primarily customers and financial institutions.
Organisation of the security and loss prevention system
In order to ensure the correct implementation of the adopted Security Policy and Anticorruption Policy in the KGHM Polska Miedź S.A. Group, security and loss prevention units were established in the Divisions along with seven selected domestic companies whose work is regulated by the Operating Instructions implemented in 2020. Ethics and Anticorruption Representatives have been appointed in all entities of the KGHM Polska Miedź S.A. Group, domestic and international; their work is supervised and coordinated by the Ethics and Anticorruption Representative in the KGHM Group. The appointed units are obliged to report periodically in the area of safety and loss prevention to the and Head Office of KGHM Polska Miedź S.A.
In order to allow for effective detection of irregularities, confidential channels are in place for reporting of irregularities by Whistleblowers, both within the company, as well as from outside of its organisation. Persons who report irregularities, and who do so in good faith and non-anonymously (Whistleblowers) are protected under the KGHM Group Procedure for Disclosing Improprieties and Protecting Whistleblowers.
Reports are made:
All the reports are subject to central registration at KGHM Polska Miedź S.A., where they are verified and sent to relevant units dealing with substantive issues to be reviewed there. The process is monitored by the Ethics and Anticorruption Representative in the KGHM Group.
KGHM Ethics Line
As of 2019, a Whistleblower Platform has been made available on the corporate website – the “KGHM Ethics Line” available for both employees and third parties, including contractors and customers, in four languages – Polish, English, Spanish and Russian. The Platform supports anonymous reporting of irregularities and is an alternative channel for other forms of contact – telephone lines, e-mail boxes and mailing addresses. According to the applicable internal regulations, all reports are subject to verification and investigation. In 2022, an investment project was carried out concerning the development of an IT tool to support handling and reviewing reports from Whistleblowers. The work is scheduled to end and the production version of the tool to be made available in the first quarter of 2023.
The aforementioned Ethics and Anticorruption Representatives conduct periodic training and awareness campaigns and consultations for employees. Moreover, mediation teams operate in some entities which enable resolving disputes and disagreements between employees. It is also possible to raise concerns with a supervisor, which employees are informed about, among others, through announcements published on the intranet and mandatory e-learning training.
