LAFARGE and Republic Cement join Integrity Initiative

LAFARGE Cement Services (Philippines), Inc. and Republic Cement Corporation, a LAFARGE-associated company, have recently signed on to become part of the Integrity Initiative, a private sector-led effort that aims to promote corporate transparency and ethics as a way of eradicating corruption in the country.

Lafarge Integrity

(From right) Don Lee, president of LAFARGE Cement Services (Philippines), Inc., and Renato Sunico, president of Republic Cement Corporation, sign the Integrity Pledge while Henry Schumacher, executive vice president of the European Chamber of Commerce of the Philippines, serves as witness.

By signing the Integrity Pledge, LAFARGE and Republic Cement formally expressed their continuing commitment to abide by ethical business practices and good corporate governance. As part of their pledge, LAFARGE and Republic Cement promise to maintain a code of conduct for the pursuit of proper business practices, promote professional integrity among employees through training programs, renounce bribery, and implement internal systems to prevent unethical behavior. Further, they vow to maintain appropriate financial reporting mechanisms, enter into integrity pacts with other business and government agencies for procurement needs and refrain from engaging in business with unethical parties.

“LAFARGE and Republic Cement are proud to join the Integrity Initiative and participate in this movement against corruption in the Philippines,” remarked Don Lee, president of LAFARGE Cement Services (Philippines), Inc. “Transparency and adherence to professional ethics are central to our own Code of Business Conduct. We are pleased to join other companies and organizations to uphold these fundamental values that are critical to building a strong nation.”

Spearheaded by the Makati Business Club (MBC) and the European Chamber of Commerce of the Philippines (ECCP) in 2009, the Integrity Initiative is a multi-sectoral campaign that seeks to institutionalize integrity standards among various sectors of society – business, government, judiciary, academe, youth, civil society, church and media. The initiative aims to help in the quest to curtail, if not fully end, the cycle of corruption in the Philippines. Ultimately, it hopes to build trust in government, alleviate poverty and develop an ethical and progressive business environment.

Presently, the Integrity Initiative is focused on the development of integrity standards in the business community through the SHINE project. A four-year anti-corruption plan, SHINE is focused on establishing concrete control measures to deter corruption within companies in the private business sector.

About Lafarge: Lafarge Cement Services (Philippines), Inc. is a member of the Lafarge Group. Lafarge is the world leader in building materials, with top-ranking positions in all of its businesses: Cement, Aggregates & Concrete and Gypsum. With a diversified and balanced geographic portfolio, revenues of 16.2 billion Euros and 76,000 employees in 78 countries, Lafarge is at the heart of global growth supporting developing economies and responding to the tremendous need for housing and infrastructure in emerging countries. Having the world’s leading building materials research facility at its disposal, Lafarge places innovation at the heart of its priorities, working for sustainable construction and architectural creativity. Building upon the heritage of the brands Republic, Fortune and Mindanao Cement, Lafarge Cement Services (Philippines), Inc ushers in progress through innovative products and responsible business practices in partnership with the Republic Cement Group.

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