Needless to say the prohibition of bribery of government officials, as provided in the Code of Conduct, it is prohibited to offer benefits of any kind, including gifts, meals and entertainment, and to receive personal benefits from any of our stakeholders, which would go contrary to laws and regulations and social ethics. Concretely, the Panasonic Group has its anti-corruption policies region by region, so that such policies would meet the laws and custom of trade of that country/region.
For instance, the companies in European region have their own guidelines in place on “Entertainment, Gifts and Hospitality” in line with their national laws for public officials and non-public officials, which contain specific limits and examples of what is and is not considered acceptable. Further, each person is obligated to speak out against suspected acts of bribery or corrupt practices.
In emerging countries and regions including China and Asia, it is prohibited to offer directly or indirectly any benefit to business partners including government officials, in connection with obtaining or retaining business. Additionally, each director and employee is required to sign an undertaking letter committing never offering/accepting a bribe, to raise the awareness of bribery.