Page 106 - Vaculug Sustainable Report 2022

decisions and will not improperly cooperate or coordinate our activities with our competitors.
We will not offer or solicit improper payments or gratuities, nor will we engage or assist in unlawful boycotts of particular customers.
We do not allow any violence of the fairness of any tendering process in any way. We refrain from damaging competition and the reputation of any business partners and any behaviour that harms competitor’s creditability.
We do not hold back maliciously, unlawfully, or unduly payments towards our partners, and we do not allow such practices in our supply chain, we fight the unethical practice of “debt chain”.
Our staff is responsible for ensuring fair business during their job and adhere to every competition, consumer protection and fair marketing rule.
Customers and business partners shall be treated fairly and equally, products and services shall be displayed in a manner that is fair and accurate (fair marketing and advertising), and that discloses all relevant information.
ANTI-CORRUPTION
We firmly condemn and do not tolerate all forms
of corruption. It is prohibited directly or indirectly offering, promising, giving, asking, soliciting, or accepting any unfair advantage or benefit, in order to obtain, retain or facilitate in any way the business.
An unfair advantage or benefit may include cash, any cash equivalent (e.g., voucher), gift, credit, discount, travel, personal advantage, accommodation or services. We do not permit facilitation (or “grease”) payments to government officials or private business in order to secure or speed up routine actions.
Corruption also covers the misuse of function or position as well, when someone makes that false appearance that he/she improperly influences a decision maker. Corruption for either to obtain or retain business, or to obtain or retain an advantage in the conduct of business is considered gross misconduct. Similarly accepting or allowing another person to accept a bribe is considered gross misconduct.
Our staff has to account for all benefits received in the course of doing business and must to not give or receive bribes or otherwise act corruptly.
GIFTS AND HOSPITALITY
We shall avoid any actions that create a perception that favourable treatment was sought, received, or given in exchange for personal benefits.
Business courtesies or benefits include gifts, gratuities, meals, refreshments, entertainment or other advantage from persons or companies with whom we do or may do business. We will neither give nor accept such benefits that constitute, or could reasonably be perceived as constituting, unfair business inducements that would violate law, regulation or polices, or would cause embarrassment. Our staff may never use personal funds or resources to do something that cannot be done with our resources.
We may accept and offer occasional gifts and hospitality that are customary and conform to reasonable ethical practices of the market, provided that they are not inappropriately excessive, not frequent and do not reflect a pattern of frequent acceptance, does not create the appearance of an attempt to influence business decisions.
Only trivial gifts with low value can be accepted. All other gifts must be politely refused or, if received through post, returned to the donor. If return is not possible it shall be offered for charity or community purposes. It is the responsibility of the person offering, providing, receiving, or accepting the gift to decide whether the gift is appropriate.
SECURITY, PROTECTION, AND PROPER USE
OF COMPANY ASSETS
We are responsible for the security, protection and for the economic use of company resources.
Our resources, including time, material, equipment, and information are provided for legitimate business use only. Occasional personal use is permissible as long as it is lawful, does not affect job performance or disrupts workplace morale.
All staff is obliged to follow appropriate security measures and they should treat company property, whether material or intangible, with respect
and shouldn’t misuse company assets or use it carelessly. Confidentiality, information security, proprietary information, and intellectual property We are committed to business information confidentiality, integrity, and accessibility, we
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