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Company Code of Conduct. 1.Commercial sustainability by caring for our stakeholders Profits for Sustainable Growth Our Stakeholders: –Customers, trade.

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Presentation on theme: "Company Code of Conduct. 1.Commercial sustainability by caring for our stakeholders Profits for Sustainable Growth Our Stakeholders: –Customers, trade."— Presentation transcript:

1 Company Code of Conduct

2 1.Commercial sustainability by caring for our stakeholders Profits for Sustainable Growth Our Stakeholders: –Customers, trade partners, employees & families –Shareholders –Trade unions –Government Fair competitive behavior Correct transparent bookkeeping practices Certifiable reporting

3 2.Our Social System People as prime asset of the company Ability to do ones work No discrimination No harassment –UN Declaration of Human Rights –ILO Declaration on Fundamental Principles & Right to Work –Annual Social Reports

4 3.Our Work Place Occupational Safety & Health Focus of the Buyer Image of the companys Social Behavior –ILO –OSHAS –ISO & EMAS –Labor Laws

5 4.Our Labor Policy People as prime asset of the company Ability to do ones work No discrimination No harassment –UN Declaration of Human Rights –ILO Declaration on Fundamental Principles & Right to Work

6 5. Our Wages & Benefits The issue is protection of wages No reductions for disciplinary purposes No gender discrimination Minimum wage fixing based on needs –UN Declaration of Human Rights –ILO Declaration on Fundamental Principles & Right to Work –Labor laws

7 6. Our workers freedom to associate The issue is protection of freedom of choice The right to organize The right to collective bargaining Protection of the rights of workers representatives UN Declaration of Human Rights – ILO Declaration on Fundamental Principles & Right to Work – Trade Union Statements

8 7. Our care for the natural environment Minimizing the impact on the natural environment and its scarce resources Sustainable management Product stewardship Energy management - ISO 9001 & BS EMAS

9 8. Our communication Internal & external communication is the first measurable act of implementation Regular workshops Accessibility Distribution to new employees - ISO 9001 & TQM handbooks - Awareness surveys - Publications

10 9. Our citizenship Compliance with all applicable laws, rules, regulations and requirements measurable act of implementation Good & contributing community care Role model behavior Sought after employer Sustainable management - ILO & WTO - SA 8000 & OSHAS 18001

11 10. Our Global Play Respect & adherence to the relevant Trade Related Intellectual Property Rights The global village, global visibility Good trading practices WTO on TRIP Product development procedures Verification of copy rights, brand names & marks, industrial designs & identity

12 11. Our Respect & Integrity Bribes or other improper advantages for business or financial gain Related Intellectual Property Rights Bribing will lead to conviction Damage to results & image Any employee caught in the act will be fired immediately - Risk management policy - Purchasing & delivery conditions - Assurance letters

13 12. Our Interest Avoiding employee conflicts with their responsibilities to the company One can only serve one master Ethical & integer behavior - Risk management policy - Standard employment contract - Forensic assurance process - Sound social culture & social control

14 13. Our Supply Chain The Code of Conduct as integrated part of the General Purchasing Conditions or Procurement Contract The one weak shackle in the supply chain Regulations & permits House Rules Suppliers Responsibility - Risk management policy - Purchasing Conditions

15 14. Our Assurance Process Compliance with the Code of Conduct as essential element in the business success. Management Peer Reviews Self Assessments & Audits CPI Self steering teams Verification by third party - ISO - TQM


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