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General Cable Code of Ethics and Compliance Guidelines

General Cable Code of Ethics and Compliance Guidelines

General Cable Code of Ethics and Compliance Guidelines

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IntegrityWe work together with integrity <strong>and</strong> speak with truth <strong>and</strong> c<strong>and</strong>or. We demonstrate teamwork<strong>and</strong> collaboration, <strong>and</strong> encourage the sharing <strong>of</strong> diverse opinions, ideas <strong>and</strong> views. We takepersonal responsibility to act with integrity, inspire trust with our colleagues, <strong>and</strong> exhibit thecourage to speak up <strong>and</strong> do the right thing.Conflicts <strong>of</strong> InterestAs <strong>General</strong> <strong>Cable</strong> employees, we owe aduty <strong>of</strong> loyalty to <strong>General</strong> <strong>Cable</strong> <strong>and</strong> mustact in the best interest <strong>of</strong> our Companywithout having any improper conflicts<strong>of</strong> interest. A conflict <strong>of</strong> interest occurswhen our personal interest interferes – orappears to interfere – in any way with theinterests <strong>of</strong> the Company as a whole orwith our ability to perform our jobs withoutbias. For example, conflicts <strong>of</strong> interestarise when an employee, director, or amember <strong>of</strong> his or her family receives animproper personal benefit as a result <strong>of</strong>such employee’s or director’s positionwith the Company. Conflicts <strong>of</strong> interestalso may arise when an employee ordirector takes action or has interests thatmay make it difficult to make objectivedecisions on behalf <strong>of</strong> the Company or toperform his or her duties objectively <strong>and</strong>effectively.to possible conflicts <strong>of</strong> interest, somecommon areas where conflicts <strong>of</strong> interestoccur are set forth below.Gifts <strong>and</strong> EntertainmentAt <strong>General</strong> <strong>Cable</strong>, we have strongrelationships with our business partners,<strong>and</strong> business courtesies such as gifts,favors <strong>and</strong> entertainment are commonamong some <strong>of</strong> our business partners.However, giving <strong>and</strong> receiving businesscourtesies can raise the appearance, if notthe reality, <strong>of</strong> a conflict <strong>of</strong> interest. It mayalso present concerns under anti-bribery<strong>and</strong> corruption laws. We must alwaysexercise good judgment, modesty <strong>and</strong>discretion when giving <strong>and</strong> receiving gifts.As a general rule, we must not accept,directly or indirectly, or solicit for ourbenefit or the benefit <strong>of</strong> a colleague, familymember or friend any <strong>of</strong> the following, all<strong>of</strong> which are treated as “gifts” under this<strong>General</strong>ly, “token value” means anaggregate value less than $200 (orsmaller, depending on what is customaryin the local community where the giftis given) from the same person orbusiness entity in any year. “Excessiveentertainment or travel opportunities”means travel, hospitality, <strong>and</strong> meals orentertainment which cannot be viewed asreasonable <strong>and</strong> customary in a businesscontext. When in doubt about a gift orwhether proposed travel or entertainmentis excessive, or upon the receipt <strong>of</strong> a gift<strong>of</strong> more than token value, please ask ourGlobal Legal Team for guidance.This general rule is applicable to all <strong>of</strong>our business relationships, whetherwith private entities or with governmentbodies or <strong>of</strong>ficials. In certain limitedcircumstances, exceptions to our gift <strong>and</strong>entertainment rules may be granted bythe Global Legal Team, provided thereBeing involved in a potential conflict <strong>of</strong>interest does not violate our <strong>Code</strong>, butfailing to disclose it or delaying disclosureis a serious violation. When a potentialconflict <strong>of</strong> interest arises, it is importantthat we immediately disclose all facts <strong>and</strong>circumstances <strong>of</strong> the potential conflict toour manager <strong>and</strong> our Global Legal Team.Our Global Legal Team will evaluate thepotential conflict <strong>of</strong> interest <strong>and</strong> advisehow to manage the conflict.policy:• Gifts <strong>of</strong> more than token value• Excessive entertainment or travelopportunities• Loans (other than from establishedfinancial institutions on the same termsthat are currently available to othercustomers similarly situated)• Other substantial favors for personalbenefit from any business that doesor is seeking to do business with ouris a legitimate business reason for theexception <strong>and</strong> the Regional LeadershipTeam supports such exception. It isimportant to note that there are stricterrules regarding the giving <strong>of</strong> or <strong>of</strong>fering togive gifts, favors <strong>and</strong> entertainment to anypublic government <strong>of</strong>ficial or their familiesas well as state-owned or -controlledcompanies. Refer to the Anti-Corruption<strong>and</strong> Government Customers sections <strong>of</strong>our <strong>Code</strong> for more information.While it is impossible to describeevery circumstance that may give riseCompany or is a competitor <strong>of</strong> ourCompany1011

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