ZTE is always committed to adhering to high standards of ethics and integrity in global business activities, strictly abiding by applicable anti-corruption and anti-bribery laws and regulations, to fight against corruption and bribery in any form. We always adhere to the values of transparency and integrity in our interaction with business associates and governments to ensure ZTE's compliance operation.
- The Anti-Bribery Compliance System: ZTE has established an efficient and risk-oriented Anti-Bribery Compliance System, and is reviewing and improving it continually to ensure that the program can effectively prevent, detect, and respond to bribery risks. The Anti-Bribery Compliance Program consists of core elements including tone from the top, robust compliance organization, sufficient resource input, systematic risk assessment, comprehensive compliance policy system, effective process control, extensive and tailored training and communication, ongoing monitoring & review and improvement.
- ZTE Anti-Bribery Compliance Policy and ZTE Anti-Bribery Compliance Manual: ZTE has issued and implemented the Policy and Manual stipulates corporate principles, specific policies and compliance procedures regarding key risk areas, among others, including: third-party management, gifts and hospitality, sponsorship, travels provided to outside parties, etc. Beyond the policies and procedures, effective online implementation of certain anti-corruption and anti-bribery related controls are integrated into ZTE's business activities and process.
- Risk Management: ZTE continuously makes innovation into risk management, aiming to realize the risk visualization. ZTE has developed a Country Risk Profiling Model, which includes a set of metrics to determine the risk level of each country in which the Company operates. In the practice of automation and digitalization, ZTE has integrated the business partner screening tool into the management of the business partners from onboarding process to finance payment covering the whole life cycle.
- Certification and Evaluation: ZTE passed the ISO 37001:2016 certification for its anti-bribery management system, and obtained China's first ANAB (ANSI-ASQ National Accreditation Board) accredited ISO 37001:2016 certificate issued by the British Standards Institution (BSI), an independent and accredited certification bodies. ZTE (H) has been included among the FTSE4Good Index Series for fifth consecutive year since its first inclusion in 2018 and the anti-corruption compliance module has received a 5-full score evaluation in 2021, taking a leading position in the industry. ZTE also joined the China Enterprise Anti-Fraud Alliance and the Trust and Integrity Enterprise Alliance, and implemented anti-fraud actions and systems through innovation and cooperation to jointly build a transparent and honest business environment.