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Saputo Business Ethics

Business Ethics

Since our founding, we have been committed to upholding ethical business practices and expect the everyday conduct of our Board members, leaders and employees to be driven by the same values we share and promote.
  • Efficiency through simplicity
  • A family oriented environment
  • Ownership and commitment
  • A hands-on approach
  • Passion

Code of Ethics

In line with our commitment to continuous improvement, our policies continuously evolve to reflect best practices and the changing needs of our customers and the marketplace. 
 
Accordingly, our Code of Ethics, which guides our day-to-day operations, is periodically reviewed to ensure its alignment with the standards and requirements of all our divisions, and address human rights issues important to our organization. 
 
With our large number of facilities around the world, we also have global monitoring systems in place to ensure all divisions comply with laws, regulations, and industry standards.
 
The confidentiality and privacy of our customers and employees as well as the protection of information systems are key principles in our Code of Ethics. We have made significant progress to mitigate risks by implementing policies, practices, procedures, and controls, which will continue to be a key focus for us over the next three years. 

Transparency

We know that transparency can only be achieved through open communications, and we recognize the importance of accountability to all our stakeholders, including employees, shareholders, customers, consumers, suppliers, partners, and authorities.
 
To this end, our corporate governance initiatives ensure the highest level of independence, disclosure, and transparency. Among these initiatives, we have adopted an anonymous and confidential whistleblowing line hosted by a third party, an Incentive Compensation Clawback Policy, and a Shareholder Communication and Engagement Policy.

We continue to make progress in increasing transparency and disclosure to investors and other stakeholders as it relates to our ESG governance and the efforts made towards our Promise, which can be found in our Annual Information Form, our Management Information Circular, and our Annual Saputo Promise Report.
 
For more information on our corporate policies, please visit our Governance section.

Cybersecurity and Data Privacy

Protecting the confidentiality and privacy of our customers, consumers, and employees, along with safeguarding our information systems, are fundamental principles in our Code of Ethics and a key focus of our Saputo Promise.

Our IT Security Committee manages our cybersecurity programs, ensuring the confidentiality, integrity, and availability of our data. We have implemented various policies, practices, procedures, and controls, including protective systems, monitoring, testing, incident response, disaster recovery, business continuity plans, and employee training to prevent unauthorized access and mitigate business disruptions. We make strategic investments in this area to mitigate cyber threats.

Furthermore, we are committed to protecting personal data. Supported by our Global Privacy Officer and privacy team, we strive to maintain robust policies and controls to ensure data confidentiality, integrity, and availability, complying with privacy regulations and maintaining trust with our stakeholders.

Artificial intelligence (AI)

We are continuously looking for the right opportunities to use AI-enabled solutions across our operations to improve our efficiency and overall business quality. This is why we set up our Digital Advisory Committee chaired by the President and CEO of Saputo Inc.

While we know that AI makes good business sense, the way we use it matters. Accordingly, we launched our AI Policy, providing guidelines to our employees to ensure safe, secure, and responsible use of AI, including guidelines to maintain compliance with applicable privacy regulations.  The implementation of the policy was supported by mandatory training for employees. This policy and associated training are intended to enable us to leverage AI while safeguarding our assets and sensitive data and mitigating associated risks.