Greif has established a broad set of corporate policies that promote ethical behavior and support us in meeting compliance obligations detailed on our Governance, Policies, & Partnerships صفحة.

Our policymaking process utilizes a cross-functional team with colleagues from Human Resources, Finance, Legal Department, and any other subject matter experts relevant to the topic to collaboratively manage, review, and implement each policy. We routinely update our policies to incorporate best practices and respond to evolving risks and regulations. Greif conducts regular audits to identify areas where new or improved policies may be required to uphold the standards of The Greif Way.

We introduced our Modern Slavery and Forced Labor Policy in 2024 to further our commitment to human rights in our facilities and communities. This policy joins our framework of Fair Labor Practice policies alongside our حقوق الإنسان, عمالة الاطفال, المعاملة العادلة للآخرين, Anti-Harassment and Anti-Discrimination، و Equal Employment Opportunity policies. We evaluate our conformance, at the facility level, through our Human Rights Review process. We will include every Greif facility in this review by the end of 2025. Please see the حقوق الإنسان وممارسات العمل العادلة لمزيد من المعلومات حول هذه المبادرات، انقر هنا.

With operations globally, Greif is subject to a wide range of regulations that vary by region. Our Global Regulatory Steering Committee manages emerging regulations and develops strategies to respond to regulatory changes while minimizing disruption to our everyday practices. Effective navigation of regulations allows us to maximize our performance and adhere to our standards as outlined by The Greif Way.

Greif also participates in external stakeholder groups, like trade associations, to help identify risks stemming from new regulations relevant to our business. Greif is represented in various organizations that support our business priorities and help drive progress towards fulfilling our goals and commitments. The full list of our 2024 Trade Association partnerships can be found on our website.

Our Ethics Hotline is available for Greif’s internal and external stakeholders to submit concerns via our website, email, or phone. Following a strict no retaliation policy, Greif’s Ethics Committee, led by our General Counsel, reviews all submitted incidents to effectively resolve and mitigate all areas of concern identified by our stakeholders. These incidents are compiled into quarterly reports that are then overseen by our Audit Committee. In 2024, we investigated 100 percent of 237 reported incidents made through our Ethics Hotline.

We annually conduct Sarbanes-Oxley Act (SOX) testing to monitor financial record-keeping and reporting compliance across our facilities globally. This process includes identifying which facilities are responsible for roughly 75 percent of our revenue and ensuring all are included in our SOX scope. In addition to SOX testing, we perform risk-based audits throughout the year for entities/facilities that were deemed higher risk to the company. These risk-based audits are based on discussions and survey answers from management, where the survey asks about potential risks around ethics, fraud, financial reporting, policy non-compliance, and other topics that could negatively impact the business. All facilities and entities are assessed and in-scope for risk-based audits. In 2024, Greif had 274 auditable entities, of which 232 entities were either included in SOX testing or had a specific risk-based audit. Internal Audit’s goal is to ensure all entities/facilities have audit coverage (SOX and/or Risk-Based) on at least a five-year basis. As our business expands globally through acquisitions, we remain committed to enhancing our internal control and audit capabilities as we continue to support our One Greif approach.