Anti-corruption Compliance System Certificate awarded to Schneider Electric Nigeria
On 25 August 2015, the ETHIC Intelligence Certification Committee awarded Schneider Electric Nigeria an Anti-corruption Compliance System Certificate for the design and implementation of its program to prevent corruption.
The subsidiary of Schneider Electric Industries is the first company in Nigeria to receive ETHIC Intelligence certification. Three members of the ETHIC Intelligence certification committee awarded the certificate following an independent evaluation of an on-site audit report. The report was prepared by a lead auditor at SGS further to a review carried out at the company’s headquarters in Lagos. The auditor evaluated Schneider Electric Nigeria’s anti-corruption compliance program against ETHIC Intelligence terms of reference and in light of the company’s specific corruption risk.
Schneider Electric Nigeria has chosen certification as a way to strengthen and improve its anti-corruption compliance program. As is the case for all companies certified by ETHIC Intelligence, both the auditor and the certification committee have provided Schneider Electric Nigeria with practical recommendations to maintain the quality and effectiveness of its program against evolving international best practices standards.
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