GOVERNANCE We have zero tolerance for fraud and corrupt practices. Our Code of Business Conduct and Ethics forms the backbone of our commitment to ethical business conduct and regulatory compliance. We remain focused on meeting all relevant regulatory and customers’ requirements where we operate, including those relating to cybersecurity, data governance and protection, and business continuity. → → Expanded risk and compliance training programme to cover additional regulatory compliance topics → Engaged stakeholders to strengthen the enterprise risk management process WHAT WE ACHIEVED IN 2021 ETHICAL BUSINESS & REGULATORY COMPLIANCE → Enhance staff awareness of key compliance topics such as export control and personal data protection → Refresh the control self-assessment process to enhance the basis of assurance provided to the Board KEY GOALS FOR 2022 In 2021, we expanded our risk and compliance training coverage to include the General Data Protection Regulation (GDPR). For our North American operations, topics on preventing workplace harassment and export control compliance were added to their existing training programme. We also continue to review our risk and compliance training programme to ensure that applicable risk and compliance topics are rolled out through e-learning. Additionally, we engaged key Group HQ functions throughout the year to formalise our risk heat-maps and update their key risks. We achieved a 100% completion of the AntiBribery and Corruption (ABC) e-learning course for relevant employees. ABC is a core focus area of our governance training. We continue to review our courses to ensure their relevance to our businesses around the world. reported cases of bribery and corruption in 2021 reported violations of export control regimes in 2021 significant fines or non-monetary sanctions for non-compliance with environmental, health and safety regulations → → → No 53 ST ENGINEERING SUSTAINABILITY REPORT 2021 OVERVIEW OUR SUSTAINABILITY APPROACH ENVIRONMENTAL SOCIAL GOVERNANCE AWARDS INDEX
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