It is the responsibility of the Ethics Commission to ensure compliance with the provisions of the Code of Ethics and monitor compliance of the standards of professional ethics with the rules of the Code of Ethics. This Commission has been established by the President of the Management Board and it includes:
- Member of the Management Board, Director of the HR Management Department;
- Member of the Management Board, Director of the Legal and Organisational Department;
- Director of the Office of Internal Control.
The Ethics Committee prepares a report on its activities on an annual basis, which is then submitted to the Management Board and to the Audit Committee of the Supervisory Board.
The Code of Ethics operates in parallel with the Compliance Policy, which is effective as of 31 October 2017 in the entire Budimex Group. Earlier, elements of this policy were in force in companies, but since then they have acquired a formal dimension. 2018 was the first full period of its term. The Code of Ethics supports the implementation, management and monitoring of the Compliance Policy, and is designed to: "provision of compliance of the organisation’s activities with the applicable law, standards and internal regulations, aimed at the prevention of damage of the organisation’s image and reputation, minimisation of risks of financial losses related to the organisation’s activities contrary to the law or internal regulations, as well as reduction of the risk of the organisation's exposure to civil, administrative or criminal liability”. It also states that respect for the law and ethics in business is one of the Budimex Group’s crucial rules.