Commitment to acting ethically, with integrity and transparency

Conduct firmly grounded in ethics, integrity and transparency is critical for enabling our Businesses to generate tangible and intangible results. 

That is in the essence of the Odebrecht Entrepreneurial Technology (TEO), which is our culture and source of strength.

On November 9, the Board of Directors of Odebrecht S.A. approved the Compliance Policy which expanded and enhanced the Code of Conduct in force until then. 

Then, the Boards of Directors of our Businesses approved their own guidelines on the matter, which are based on the same Basic Concepts and included complements to adapt them to the peculiarities of each Business.

Policies and processes are very important for clearly defining the guidelines required. The actual attitudes and conduct of each one of us, supported by conviction and based on the established guidelines, will make a difference. 

That is the path to sustainable results and growth. A commitment of each and every one of us.

Salvador, December 16, 2016

Emílio Odebrecht
Chairman of the Board, Odebrecht S.A.

Newton de Souza
Chief Executive Officer, Odebrecht S.A.