Anti-Corruption
A bribe occurs when you accept or provide anything of value to obtain or retain business or secure an improper advantage. Under our Ant-Corruption Policy, you must not engage in any acts of bribery involving government officials or third parties.
In most countries where we operate, laws and regulations prohibit bribing government officials to obtain or retain business. We must comply with those local laws as well as the U.S. Foreign Corrupt Practices Act (FCPA), which prohibits bribery wherever we do business.
Who is considered a “government official”?
- Officials or employees of any government or other public body, agency or legal entity
- Officers or employees of state-owned enterprises and public international organizations
- Candidates for political office
- Officials and employees of political parties
- Political parties
Anti-Corruption Abroad
In some cases, the laws of other countries are more restrictive than ours. For example, facilitating payments (link to glossary) are legal under certain circumstances in the U.S., but they are often illegal elsewhere. GATX will not make facilitation payments.
In the U.S. and many countries where we do business, commercial bribery is a crime and could result in criminal and civil liability not only for the company, but for individual employees. If you are found guilty of bribery, you could face imprisonment and fines, which cannot be paid by the company. Consequences for GATX could include fines and being banned from government business.
Employees may not give or accept bribes and must immediately report any offer of a bribe.