The purpose of this Policy is to promote honesty, ethical behavior and fair dealings within the Company and in it’s interactions with the outside world. It also serves to showcase the Company’s social values.
The minimum standard for minimum ethical behavior expected from our employees is compliance with current laws and regulations. Employees are expected to be aware of this Policy at all times and to act and work within its boundaries. Each employee is expected to use good judgment and common sense to comply with Company laws and current regulations, and to seek advice from a supervisor or legal authority when unsure. Violation of any of the terms of this policy may result in legal action, including dismissal.
Although strict compliance with this policy is required, the situation may arise where exceptions may occur. This Policy may be waived under conditions deemed appropriate by the company’s board of directors. If any employee considers it appropriate that this policy should be waived, they may submit their request to the Board of Directors through the Company Secretary, after approval by their supervisor.
In addition, the following policy/principles are part of this policy.
- Anti-Corruption and Bribery
Employees shall not offer, undertake or pay bribes to any foreign, local government and/or private sector/public officials, or demand, receive, accept bribes from any foreign, local government and/or private sector/public officials or, in other words, shall not violate existing laws regarding the fight against corruption and bribery. A bribe is giving, receiving or offering of something of value (including, but not limited to, cash, gifts, meals, entertainment, employment opportunities, company products, and employment offers) to influence an appreciation decision.
- Ledgers and Records
Accurate information is essential to meet the company’s legal and regulatory obligations. All employees must accurately and honestly record all information. All Company Records must be maintained in accordance with current regulatory standards.
The company strives to follow the high standards of competition law, avoiding deviating from the principles of fair competition and avoiding anti-competitive behavior.
The Company and its employees take adequate steps to ensure the confidentiality of proprietary and/or information belonging to the Company and/or third parties (including their customers, process licensees, service providers, and suppliers) entrusted to them. Such information should only be disclosed under existing agreement or law.
The Company undertakes to ensure that all employees and applicants are treated regardless of their race, color, national identity, gender, age, marital status, disability or legally protected characteristics. The company believes that providing a healthy, safe, secure, challenging and opportunistic working environment increases employee development and productivity. The company does not tolerate any behavior that harms, disrupts or disturbs other people’s ability to do business.
The company respects core values arising from existing laws and contractual agreements, such as the right to organize, union membership, and community engagement. The company follows all applicable laws for employee welfare, including those related to health and safety, working hours, service charge and disciplinary actions. The Company does not provide child labor or forced employment in any way.
- Health and Safety
The company is firmly committed to providing a healthy and safe working environment for individuals, customers, subcontractors, business partners and anyone affected by its operations.
- Conflict of Interests
Employees should refrain from any activity or situation where their personal interests appear to impair or harm the best interests of the company.
The use of the Company’s assets and funds to provide gifts, donations or other benefits to persons, subcontractors, customers and/or other persons doing or wishing to do business with the Company is prohibited, except to the extent permitted by applicable law and where it is customary and acceptable under the circumstances.
Employees will not receive gifts, donations or benefits from subcontractors, customers and/or other persons doing or wishing to do business with the Company, except to the extent permitted by applicable law and where it is customary and acceptable under the circumstances.
- Subcontractor Supply Chain
All subcontractors and supply chain partners are expected to comply with important and material provisions of this policy.
The company reserves the right to change, amend or terminate this policy at any time.