Sonepar is proud to have been officially declared compliant with all the requirements of Article 17, II of France’s Sapin II anti-corruption law.
Paris, July 10th 2019
Sonepar is proud to have been officially declared compliant with all the requirements of Article 17, II of France’s Sapin II anti-corruption law. The decision was handed down on July 4, 2019 by the Enforcement Committee of the French anti-corruption agency (Agence française anticorruption – AFA).
Even before the law had taken effect, Sonepar had rolled out all of the eight measures and procedures required: code of conduct, internal whistleblowing scheme, risk map, third party due diligence procedures, accounting control procedures, training program, internal disciplinary procedure, procedure for internal monitoring and assessment of these measures.
Sonepar is delighted to be the first French company ever to have had its compliance program approved by the highest ranking French anti-corruption authority, following a hearing that the Group requested remain open to the public to ensure transparency and share knowledge with other French companies.
“On behalf of the Group’s 46,000 associates, I salute this eagerly awaited decision. Since Sonepar’s creation in 1969, complying with the rules of ethics and good governance, as embodied and passed down by our founder, has always been a priority for the Group,” said Marie-Christine Coisne-Roquette, Chairman of the Sonepar Group.
As the global market leader in B-to-B distribution of electrical products, the independent French Sonepar Group intends to remain exemplary in ethics as well as performance, competitiveness, development and innovation.