We are KUO, a Mexican industrial conglomerate with presence in more than 70 countries.

We maintain a leadership position in each of the businesses in which we participate.

The diversification of our business model, in sectors and geographies, continues to be successful

We place National Industry at the forefront with Technology, Innovation and Sustainability.

At KUO, we integrate anticorruption policies and practices stated through our Code of Conduct.

Learn about the latest Corporate and Sustainability events

Transparency

Transparency

Transparency

Integrity Policy
Code of Conduct

Feedback and Transparency Inbox

We want to hear you!

denunciaskuo@kuo.com.mx

01800 700 4586 (GKUO) en México y 1 866 494 80 05 en EU

We maintain Confidentiality, Security and Respect in all complaints received. All of them are dealt through KUO's Code of Conduct Committee and are followed up through the Audit Committee.

Committed to transparency, at Grupo KUO and all its companies, we request compliance and integration into the archive of all our new national suppliers the ESG Letter (Environmental, Social & Governance) that is presented below, which confirms that our suppliers of goods and The services maintain the best environmental, anti-corruption and labor practices, which will have to be signed by a legal representative of the company in question, in addition to signing the ratification of the Letter of Adhesion to our Code of Conduct.

In this sense, it is prohibited to buy products or contract services with suppliers that have a negative history within the companies of Grupo KUO, as well as those domestic suppliers of goods and services that do not present the letter of adherence to the Code of Conduct and the Charter ESG Compliance Agreement duly signed.

Similarly, when changes are made to any supplier data, the aforementioned letter must be attached.

The Supplier Portal incorporates this field for all national suppliers, and it is a mandatory field to proceed with the movement, registration and permanence as part of the KUO Group Value Chain.

ESG Compliance Letter

In KUO, we identify ourselves
as people with integrity in three areas:

Material

Refers to full transparency and responsibility in the management of resources.

Intellectual honesty

Implies the commitment to express what we think and believe.

Moral

Means respect for ethical standards, bearing in mind the consequences of our actions in fulfilling our role.

The main driver of the market leadership and growing success of Grupo KUO is the commitment of its people; those who over the years have surmounted challenges and obstacles and who have achieved to make a difference and a positive and motivating impact on us, as well as on the company and the country.

The performance of everyone who is a part of KUO is consistent with our values: Integrity, Institutionalism, Leadership, Teamwork, and Innovation. These values lead our behavior and our actions, to achieve the Mission and Vision of KUO. The respect and the responsibility we show to our Shareholders, Partners, Employees, Clients, Suppliers, the local Communities, Government, and work sites, are the elements that allow us to feel proud of the products and services we offer.

Our congruent behavior regarding the Code of Conduct’s guidelines, is the KUO’s employees confidence generating tool, where the leaders are the main integrity and inspiration motor, in the existing different managing and operating processes should promote integrity and inspiration. This Code will be a guide allowing us to better understand what the right behavior is in specific situations. Therefore I encourage you all to read it, understand it and to live up to its guidelines.

Code of Conduct

  • As part of the recruitment and selection process, employees are provided training on anti-corruption issues. A record of the hours in training is kept, only in 2018 it was 1371 hrs.

  • Explicit prohibition of bribes and facilitating payments: Section 3.6 of the Code of Conduct (Acceptance of gifts and personal favors), as well as our anti-corruption statement in our section 4.2 of the Code of Conduct.

  • Public commitment to legality and respect for national and international laws: Section 2.2.1 of the Code of Conduct

  • Hospitality, gifts and travel expenses: Generally considered part of the category of personal favors. Section 3.6 of the Code of Conduct

  • Prevention of internal fraud: There is section 4.4 Fraudulent Financial Information, also in Section 5.1 of Obligations within the Code, one of them is our statement that "We comply with the Code of Conduct and observe company policies" and "We ensure that employees receive the necessary training and information about the policies and operating modes to be followed in their respective positions and categories" this through various Corporate policies that are in our Share Point and that are only available by categories To each of the process owners, these policies form our Internal control system, in the final part of our code of conduct, some of the Policies correlated with our Code of Conduct are mentioned and additionally we have technological tools that support us the identification of possible internal fraud. (SAP's own controls, GRC in its Access Control, Process Control and Business Integrity Screaning modules).

  • Money laundering: Our Code of Conduct in its section 4.7 specifically mentions: Commercial transactions should only be carried out with clients or suppliers whose identity, reputation and activities are verifiable and legitimate. Grupo DESC staff must comply with national and international regulations against money laundering and prevention of financing illicit activities.We have an Internal Policy to Prevent and Identify Operations with Resources of Illicit Origin (US-AJ-007), mentioned in the final part of our Code of Conduct and published in our internal Share Point and disseminated to the personnel involved (Owners of the Processes).

  • Donations and / or social contributions: We have an Internal Policy US-FIN-046 Policy for the Granting of Donations whose objective is to support Education and Social Welfare mentioned in the final part of our Code of Conduct and published in our internal Share Point and disseminated to the personnel involved (Owners of the Processes).

  • Commitment of the management team: In our Section 5.2 of Obligations, the Obligations as Directors, Managers and Heads of the KUO Group are declared, likewise periodically the Directors, Managers and Heads of the KUO Group sign their letter of adhesion and compliance with the Code of Conduct.

  • Conflict of interest: In the Group it is defined as follows:

    • The conflict of interest arises when our interests or personal conduct compromise, or appear to compromise, the ability to act in defense of the best interests of Grupo KUO. We do not use the position we occupy to obtain advantages for our own benefit or that of third parties. We avoid any situation in which our loyalty could be, or appear to be in doubt.

  • In the Sanctions section 5.3 it mentions that sanctions can be given for:
    Committing acts that violate the Code of Conduct.

  • Request others to violate it.

  • Deny cooperation in investigations conducted by representatives of Grupo KUO.

  • Retaliate against employees who have reported in good faith the existence of infractions or made a suspicion of their existence.

  • Use feedback mechanisms to send profanity or double-meaning phrases.

  • Send messages with political or religious content.

  • Failure to comply with this Code of Conduct may result from a warning, the reduction or definitive cancellation of incentives, termination of the employment relationship and, where appropriate, civil or criminal penalties in accordance with the corresponding legislation.