You are on page 1of 2

IKEA Group Policy on

Anti Corruption
Document reference: IGP 1001

Issue date:

1st October 2012

Revision date:
n/a

Version:

Version 1.0

Related master documents:
IKEA Group Code of Conduct

Issued by:

Management Board of Ingka
Holding B.V.

Content owner:

IKEA Group Risk Manager

Applicability:

IKEA Group
(Ingka Holding B.V. and all its controlled
entities)

SUMMARY:
Trust, integrity and honesty are key values of the IKEA
Group. Corruption is contradictory to the objective of
doing good business. It damages the confidence our
co-workers, suppliers, customers and other
stakeholders have in IKEA.
The IKEA Group has zero tolerance towards corruption
in any form.

customers and other stakeholders have in IKEA. Policy standpoint Trust. • The IKEA Group does not allow any form of facilitation payments. • The IKEA Group co-workers do not ask for gifts or hospitality and are strongly advised not to accept and/or provide gifts or hospitality from or to any business partner or third party. The IKEA Group Policy on Anti Corruption is applicable to the IKEA Group co-workers and the IKEA Group business partners. . regulations and regulations. Any act by an IKEA business partner contravening the content or intent of this policy may prompt the termination of the business relation. unethical or a breach of trust. Definitions Corruption is the misuse of an official duty for unofficial and undue personal advantages or advantages to others. Facilitation Payment is a payment to a government official to facilitate a service or activity which the public official is legally obliged to perform without such payment. vendors and contractors) may directly or indirectly request. If and when the IKEA Group accepts or provides gifts this is done in a transparent and approved way. It damages the confidence our co-workers. 2. however this policy and the corresponding standard may go beyond such laws. distorts markets. favours and omissions which are considered illegal. The IKEA Group has zero tolerance towards corruption in any form. accept or receive bribes or conduct other corrupt practices. Corruption is contradictory to the objective of doing good business. corruption undermines the rule of law. acting on behalf of the IKEA Group or with whom the IKEA Group has a relation (including suppliers. suppliers. integrity and honesty are key values of the IKEA Group. 3.IKEA Group Policy 1001 on Anti Corruption 1. Policy scope and objective The IKEA Group requires that all co-workers and business partners shall comply with relevant laws and regulations when conducting business. The objective of this policy is to define the IKEA Group Standpoint on corruption. Non compliance with this policy by co-workers shall result in internal disciplinary action and may lead to termination of employment contract and possibly to legal prosecution. • No one. co-worker or business partner. offer. and denies the many people their rightful share of resources. Corruption also includes fraud and bribery as well as benefits. Furthermore. pay.