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

Company Code of Conduct

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

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

3. Our Work Place

Occupational Safety & Health• Focus of the Buyer• Image of the company’s Social Behavior

– ILO– OSHAS– ISO 14000 & EMAS– Labor Laws

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

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

6. Our worker’s 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 worker’s

representatives

UN Declaration of Human Rights– ILO Declaration on Fundamental Principles

& Right to Work– Trade Union Statements

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 & 14001 - BS 7750 - EMAS

8. Our communication

Internal & external communication is the first

measurable act of implementation• Regular workshops• Accessibility• Distribution to new employees

- ISO 9001 & 14001 - TQM handbooks- Awareness surveys- Publications

9. Our citizenship

Compliance with all applicable laws, rules,regulations and requirements measurable

act ofimplementation

Good & contributing community care• Role model behavior• Sought after employer• Sustainable management

- ILO & WTO- SA 8000 & OSHAS 18001

10. Our Global Play

Respect & adherence to the relevant TradeRelated Intellectual Property Rights

The global village, global visibilityGood trading practices

WTO on TRIPProduct development proceduresVerification of copy rights, brand names &marks, industrial designs & identity

11. Our Respect & Integrity

Bribes or other improper advantages forbusiness or financial gain Related

IntellectualProperty 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

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

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• Supplier’s Responsibility

- Risk management policy- Purchasing Conditions

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