From anti-bribery compliance perspective, Wipro has the following processes internally to ensure ethical conduct across operations.
- A payment due diligence process where payments made by and on behalf of Wipro are reviewed to ensure adherence to anti-corruption and anti-bribery
- A Standard Operating Procedure to enable employees understand and comply with the requirements for specific purposes like business courtesies, gifts, entertaining, charitable contribution, sponsorship, etc. Employees are advised to avoid transactions which might give the appearance of offering or accepting an improper payment, bribe or kickback.
- Due diligence mechanisms, internal controls and assessments on its third parties such as channel partners, dealers, collection agents, lead finders/hunters etcetera which includes a specific undertaking from identified vendors, service providers, consultants to affirm compliance to our Code of Business Conduct and more specifically to our anti-bribery policies
- An Ombudsprocess for receiving and redressing employees’ complaints, through which employees are encouraged to report any fraudulent financial or other information to the stakeholders, any conduct that results in violation of the Company’s COBC, to management (on an anonymous basis, if employees so desire). For more information, refer to Organization Profile
As part of COBC training, Wipro conducts entry-level training to all its employees worldwide on corporate policies on Business Relationship, Gifts and Entertainment, Business Courtesies and Conflict of Interest. Compliance with Foreign Corrupt Practices Act, UK Bribery Act, the Indian Prevention of Corruption Act, are included as part of leadership training programs and focused training programs. The trainings are conducted within the Company across all levels and it is also displayed on Wipro’s intranet and on Wipro’s website at www.wipro.com. In addition to annual test and certification of Code of Business Conduct, a certification process is enabled for employees travelling to High Risk Countries and employees working in certain functions. Also, communication of COBC and their significance to Wipro are being done through emails, posters, class room trainings and online training.
Wipro has a continuing good track of ethical conduct and we comply with all relevant legislations. There has been no instances related to bribery, corruption, anti-competitive or anti-trust practices in the reporting period across our business divisions.