Ethical Ethics Of Bunge

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What is Bunge? what do they do? Bunge is an agribusiness company that deals with the transportation and supply of food and raw agricultural products, such as sugar, oilseeds, grains and fertilizers, connecting farmers to consumers and food processors worldwide by means that assure food safety and environmental efficiency. Bunge started as an import-export company in Amsterdam in 1818, and later expanded by 1905 to Brazil, 1918 to North America, and steadily carried out its expansion throughout Asia and Europe, by offering grain elevators, port terminals, grain mills, oilseed crushing facilities and refineries, sugarcane mills, and innovation centers complemented by a global network of trading and marketing offices thus establishing the company…show more content…
law and international conventions prohibiting bribery and corruption. Responsibility to shareholders, and public companies. Responsibility to the company’s core values, code of control and value of brand. Responsibility to other employees. Bunge has adopted an ethical code of conduct “the Code” in running business, to assure business integrity, it is maintained by GEC (Global Ethics and Compliance) and the Chief Compliance Officer and requires all of the company’s directors, officers and employees to abide by it, GEC and the Chief Compliance Officer are working closely with the Legal Department ensuring consistent compliance with the Code of Conduct to support policies and procedures, the company nurtures a culture of trust, openness and compliance, by providing accessibility to the company’s hotline and Legal Department for consultations or reporting -in good faith- any actions or acts that might be breaching to any article included in the company’s Policy and…show more content…
what is fraud? Fraud is defined -in basic terms- as any wrongful or criminal deception intended to result in financial or personal gain, it includes any intentional or deliberate act to deprive another (being an individual or a company) of property or money by means of deception, or other unfair methods. There are two types of fraud, internal fraud (also referred to as occupational fraud) and external fraud. Internal fraud is defined as: the use of one’s occupation for personal gains by deliberately misusing the organization’s resources or assets, meaning a company falls victim to one of its employees. Occupational fraud can be done through various forms, some of which are: corruption, asset misappropriation bribery, illegal deals, tampering with payrolls, cash billings, inventory, financial statements. External fraud happens when a company falls victim to a dishonest vendor or customer, through various schemes such as billing the company for unprovided services or soliciting bribes from employees. ACFE (Association of Certified Fraud Examiners) The ACFE (Association of Certified Fraud Examiners) is the world's largest anti-fraud organization and premier provider of anti-fraud training and education, reducing business fraud worldwide and inspiring public confidence in the integrity and objectivity within the
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