Grievance and investigations

Our SpeakUp! grievance mechanism offers employees, business partners and members of the general public a confidential environment in which they can raise concerns relating to compliance with our . We offer anonymous reporting and apply strict principles of confidentiality and non-retaliation. Reports are investigated on their merits, in accordance with investigation procedures that are available to everyone on our corporate internal and external websites. The investigations are conducted or managed by dedicated resources supervised by the Head of Investigations. Findings and recommendations are reported to the relevant Compliance Committee for decision-making. In 2017, we introduced sanction guidelines to further improve the consistency of decision-making.

In 2017, 129 SpeakUp! reports were received, 14 of which were of materiality level Category 1 and 115 of Category 2. In total, 17 of these 129 SpeakUp! reports were substantiated, leading to four dismissals.

Our privacy data breach reporting procedure has been amended to meet the requirements of the new EU General Data Protection Regulation (GDPR).

In 2017, Transparency International Netherlands studied the whistleblowing frameworks of 18 large Dutch listed companies. AkzoNobel’s whistleblowing framework ranked second.

SpeakUp! reports

 

2015

2016

2017

1

Corporate matters included in Paints and Coatings.

2

Matters with a financial impact >€0.5 million, or involving senior management, or relating to competition law, anti-bribery or export control.

3

Referred means: allegation not related to a Code of Conduct violation; investigation referred to other department.

Total reports registered

224

324

261

Reports received through SpeakUp!

123

187

129

Safety

5

23

23

Integrity

41

64

53

Sustainability

77

100

53

SpeakUp! Paints and Coatings/Specialty Chemicals1

98/25

162/25

104/25

SpeakUp! reports Category 12/Category 2

1/122

13/174

14/115

SpeakUp! reports (partially) substantiated/unsubstantiated/referred3

28/64/-

38/84/16

17/80/2

Total number of dismissals resulting from SpeakUp! reports

5

16

4

Code of Conduct

Our Code of Conduct defines our core principles and how we work. It incorporates fundamental principles on issues such as business integrity, labor relations, human rights, health, safety, environment and security and community involvement.