GRAIN ENTERPRISE №28

Governance & Ethics

Business ethics Good governance and ethical behaviour are fundamental principles of our work. Grain Enterprise #28 strictly complies with all relevant laws and regulatory requirements, while striving to maintain the highest standards of business ethics. We expect all of our employees, as well as contractors and suppliers, to share the Holding’s values and to act responsibly, honestly, and ethically. The centrepiece of the Company’s ethical infrastructure is the Code of Conduct, which sets the framework for all aspects of our business practices. It describes the general principles of business ethics and acceptable standards of professional behaviour for all our directors, employees, and contractors. The document also covers human rights, anti-fraud and corruption, and conflict of interest principles.
The purpose of the Code is to clearly define our ethical standards and set clear expectations for employee behaviour and business activities, as well as to provide clear guidelines for decision-making in various work situations. To achieve this, we also regularly send employees up-to-date information on the Holding’s management policy and provide training to familiarise them with changes that affect corporate governance.
All employees are required to review the Code upon hiring. It is also available in electronic and printed form in the HR departments of all the Holding’s assets. Additional training programmes and sessions may be organised for employees in order to effectively inform and explain the provisions of the Code.
Employees and external parties are encouraged to report any suspected violations of the Code through various channels, including a dedicated hotline.
Human Rights The main principles of Grain Enterprise #28’ approach to protecting and ensuring the observance of human rights in all aspects of its activities are enshrined in the Human Rights Policy.
The Policy includes commitments to respect human rights that strictly comply with both Russian and international law. We also adhere to the UN Guiding Principles on Business and Human Rights and endeavour to integrate them into all facets of our operations. Our Policy sets minimum standards that must be met not only by our employees, but by all counterparties as well.
Grain Enterprise 28 respects and upholds the fundamental civil, political, economic, and social rights and freedoms of each and every person, treating them as an integral part of our corporate culture and daily practices.
The Company ensures equal opportunities for both job applicants when being selected for a position and full-time employees by providing decent working conditions, fair remuneration, and opportunities for further growth and development. The Holding strives to employ uniform principles and approaches to human resources management in all regions where it operates. It pays special attention to hiring employees with disabilities and creating decent and comfortable working conditions for them. A number of the Holding’s assets have collective bargaining agreements in place.

Responsible supply chain

Grain Enterprise №28 views sustainability as an integral part of doing business that is directly linked to corporate values and ethics. The Company seeks to build partnerships based on trust, transparency, and compliance with international standards in environmental protection, human rights, and corporate responsibility.
Priority focuses for creating a responsible supply chain:
- Environmental impact
- Waste reduction
- Human rights
- Enhancing the transparency of the supplier base
- Procurement Operational and product innovations
- Logistics and distribution
- Facility management
©2025 Joint-Stock Company Terminal Novorossiysk Grain Enterprise #28