Business Ethics
Business Ethics
Business Ethics

We are committed to conducting business in compliance with all applicable laws and regulations and the highest ethical standards. We promise to conduct our business with professionalism, honesty, and integrity in all business transactions and relationships and prohibit any activities that adversely affect the integrity and reputation of the Company. 


Creating a fair, transparent, and honest work and business environment is our goal. We have zero tolerance for bribery, extortion, and corruption. We require every project we operate, as well as every director, employee, supplier, and contractor we work with, to comply with it.

Governance & Policy

At the headquarters level, we have formed a “5-in-1” business ethics management system made up of the Company’s Supervisory Committee, Disciplinary Inspection Committee, supervision body, audit body, and internal control body. The Supervision and Audit Office at the headquarters is set up as a dedicated department for the business ethics management system, vertically managing the supervision and audit departments of our subsidiaries to maintain the independence of the internal supervision system.


The Corporate Code of Conduct sets out Zijin Mining’s stand on business ethics, including promoting free and fair competition, anti-corruption, avoiding conflicts of interest, and paying taxes in compliance with the laws.


We have formulated a series of policies such as the Rules on Internal Supervision, Administrative Disciplinary Measures, Implementation Measures for Inspection Work, and Regulations on Internal Audit Management to investigate and deal with corruption and fraud. The hiring, employment and remuneration of persons with special relationship are regulated, as well as the business dealings them. Employees are required to declare their persons with special relationship on a regular basis, effectively reducing the risk of corruption of personnel and creating an honest work environment.

 

We require all directors, supervisors, employees, suppliers and contractors to abide by our policies and standards. We are committed to creating a healthy and transparent supply chain, and integrity clauses are included in all contracts between our subsidiaries and suppliers or contractor. To ensure that the relevant policies and standards are implemented:

We conduct a variety of activities such as integrity pledge signatures, surveys, warning films, and integrity talks to strengthen anti-corruption education and promote the development of the Company’s integrity system.

We organise collaborative “Anti-bribery” talks for suppliers and contractors to learn about anti-corruption policies and regulatory documents such as the Policy Statement on Whistleblowing Management and the Policy Statement on Business Ethics Management.

We strictly comply with domestic and international laws and regulations and international standards, such as the Anti-Unfair Competition Law of the People’s Republic of China, the Contract Law of the People’s Republic of China, and the Model Provisions on Protection Against Unfair Competition. In order to establish an honest and fair competition mechanism and avoid the occurrence of unfair competition, we conduct special investigations into leads related to unfair competition that we discover and receive in whistleblowing reports. We also conduct regular reviews of the projects of our subsidiaries, with different frequencies set according to the project level. In the past three years, we did not involve in any unfair competition related lawsuits against the Company.

Supervision and Review

The Company’s supervision body receives and verifies strictly all whistleblowing reports strictly as prescribed by laws and regulations, and submits the findings to the management. After receiving approval from the relevant management body, we take actions against violations by means of conversation, disciplinary actions, or even referral to judicial authorities.


On an annual basis, we conduct business ethics and anti-corruption inspections, audits, internal controls, and special inspections on our subsidiaries. Based on the findings of these reviews, we summarise the problems and improve accordingly. We develop anti-corruption review plans for new projects and key projects every year and for other projects every two years, and we will adjust these plans based on risk levels and industry trends.


We will further improve supervision efficiency and effectiveness using information technology and big data, recruiting supervision experts,continuously track and monitor the issues reflected in whistleblowing reports and the issues identified through internal checks, and take appropriate measures to improve our management. Meanwhile, we integrate business ethics and Corporate Code of Conduct into employee performance appraisal standards.


Grievance and Whistleblowing Mechanism

We encourage all stakeholders to report truthfully any possible violations of business ethics management. To ensure that stakeholders’ petitions are promptly and effectively dealt with, the Company set up a grievance and whistleblowing mechanism for stakeholders since the early days of its establishment. We have issued the Policy Statement on Whistleblowing Management and formulated the Written and In-person Whistleblowing Management Measures to regulate whistleblowing work.


The whistleblowing system is maintained and managed by the Company’s Supervision and Audit Office, with dedicated personnel responsible for receiving grievance information. The mechanism is applicable to all stakeholder groups and covers all business activities of the Company. The whistleblowing methods are published on the Company’s official website, as well as included in the clauses of all external contracts. This can effectively help the Company identify and solve problems, protect the rights and interests of complainants, standardise the handling of grievances, and improve the Company’s business management.


Whistleblowers may report violations under their real names or anonymously using the following methods:

  • Telephone number: +86-0597-3833182
  • Mailing address: Supervision and Audit Office, Zijin Mining, No. 1 Zijin Road, Shanghang County, Fujian Province
  • Email address: jcsjs@zjky.cn
  • WeChat account: Zijin Mining Supervision Platform
Whistleblower Protection
Protecting whistleblowers’ rights and interests is of importance in our anti-corruption work. In order to gain the trust of whistleblowers and increase their willingness to report, we encourage anonymous reporting, and at the same time, we receive and accept whistleblowing reports and complaints through dedicated personnel at dedicated locations and on dedicated telephone number and mailboxes or through third parties. We register every report individually and take strict measures, such as encrypting, proper storage and implementing strict control on the number of people with access to the information, to keep the information confidential. At the same time, we have established recusal mechanism where any personnel who is a properly interested person with the whistleblower or who has connection with the information reported must take the initiative to recuse themselves. We take serious actions against anyone who takes threatening or retaliatory actions. Depending on the actual situation, we may resort to disciplinary actions, dismissal, or even transfer the case to judicial authorities to pursue civil and criminal responsibilities.
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