SABIC drives compliance training business ethics programmes

RIYADH, Aug 06 (Arab News): Saudi Basic Industries Corp. and anti-bribery firm Trace International have successfully provided compliance training to 4,500 third-party business partners since July last year to advance corporate governance in the organisation.

According to SABIC vice president of legal affairs Naveena Shastri, each of the company's third-party business partners, which included suppliers, distributors and contract workers, were trained in four to five compliance training sessions, totaling 20,000 sessions.

Of the 20,000 sessions, 18,090 sessions constituted temporary employees. The company also trained 44.3 per cent of its temporary workers in the first half of 2022.

A total of 619 training sessions were conducted for SABIC's suppliers in the second quarter of 2022.

"In any place we operate, we develop ecosystems where doing business with integrity is the norm," said Shastri.