"As a producer of explosives and initiating systems, Orica has specific responsibilities to ensure we partner with and sell to organisations that will use our products for their intended purpose and act in an ethical manner.
We will continue to work closely with industry, regulators and security agencies to ensure these responsibilities are met and to safeguard our global licence to operate."
Vice President, Global Regulatory Affairs and North America Government Affairs
In 2016 a process of review into our supplier and customer accreditation was initiated with the aim of developing a process of pre-approval for new suppliers, partners and customers. Once implemented, this process will identify those entities based in high sanctions risk countries requiring further due diligence. It will also screen our supplier and customer data daily for potential sanctions measures.
Any supplier or partner acting on behalf of Orica will also require assessment for compliance with Orica’s anti-bribery and corruption standard.
To assist our regional businesses across the globe who operate in a diverse range of business and legal environments, a tool is being developed to advise when a pre-approval may be necessary and what information is required.