Investor Presentaiton
2016 Braskem | Annual Report
BRASKEM COMPLIANCE
PROGRAM
on
In 2016, Braskem reviewed its
Governance and Compliance
processes, focusing
expanding security and
protecting the Business. In
this context, Braskem's Board
of Directors approved the
creation of the Compliance
Committee directly related to
it. In addition, the Company
hired a new Compliance Officer
and revised the scope and
guidelines of the Compliance
area in order to ensure greater
independence and autonomy
for carrying out its activities.
The new Braskem Compliance
System is based on ten
measures, structured in three
pillars: Prevention, Detection,
and Remediation. Prevention
is always better and less
costly than a cure. Thus,
preventive measures are the
most important ones to be
implemented and followed,
and should be made a priority
for the Leaders, investments,
and other uses of Braskem
resources.
is
Practicing the Compliance
System
everyone's
responsibility, especially the
Leaders', and must occur
within the dynamics of the
Action Program's planning
cycle and commitment, and
its monitoring, evaluation, and
judgment, which permeates
Braskem.
5
COMPLIANCE SYSTEM MODEL
7
8
Detect
6
Leader
4
Prevent
3
2
COMPLIANCE MEASURES CASCADED
INTO IN 151 INITIATIVES
Since the beginning of the
process review, ten new
compliance measures have been
established, already cascaded in
151 initiatives focusing on best
governance practices.
01. Governance and Compliance
02. Policies and Other Guidelines
03. Risks and Controls Assessment
04. Communication and Training
| 05. Third-Party Compliance
06. Engagement in Collective Actions
07. Management of the Ethics Line Channel
08. Monitoring of Risks and Controls
09. Remediate Risk and Strengthen Controls
10. Disciplinary Measures
1 Governance and Compliance
2 Policies and Other Guidelines
3
Risks and Controls Assessment
4
Communication and Training
5 Third-Party Compliance
Remedy
6
Engagement in Collective Actions
26
7 Management of the Ethics Line Channel
8
Monitoring of Risks and Controls
10
9 Remediate Risk and Strengthen Controls
10 Disciplinary Measures
COMPLIANCE MEASURES BY SUBJECT
15
51
7
25
11
13
5
14
8
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