Updated on August 29, 2018
Sony is firmly committed to conducting business in a fair, ethical and legal manner. Sony's commitment to ethical business conduct means competing fairly, avoiding corruption in any form, and complying with applicable laws, including antitrust, anti-corruption, anti-money laundering, economic sanctions, trade control, tax and financial crimes laws, and taking all reasonable measures to prevent illegal/sanctionable transactions.
We perform risk-based due diligence procedures on our business partners (such as our customers, joint venture partners and acquisition targets) to verify the identity of our business partners and ensure that we are doing business with reputable business partners. This screening protects Sony Group companies from being involved in transactions involving the proceeds of criminal conduct and/or with entities or individuals who are blacklisted under economic sanctions and/or trade control laws. We also train our business people on relevant "red flags" to ensure ongoing monitoring. These policies and procedures also ensure that we do not do business with members of organized crime and other anti-social forces. Sony strongly opposes anti-social forces that threaten to disrupt the order and safety of our community. We will not have relationships with members of anti-social forces, and will not give economic benefits to or accept illegal demands from them.
At Sony, we want to outperform our competition based on the merits of our products and services, not because of unfair business practices. We comply with antitrust and competition laws and do our part to promote a fair, competitive marketplace. We have implemented the Sony Group Policy on Antitrust/Competition Law Compliance, which explains the purposes of competition laws and guides employees on compliance with such laws. We have also developed robust, customized training courses to raise awareness regarding competition laws and to reinforce our policy requirements. In addition, Sony legal personnel monitor changes and developments in competition laws and maintain up-to-date controls, policies and procedures for compliance with these laws.