Annual report 2012 - Comrod

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Annual report 2012 90/92Strategies and values | Group | Parent company | Corporate governance | ContactBoard and administration Corporate governance General business principlesGeneral business principlesComrod Communication Group shares a setof core values- honesty, integrity and respectfor people and all activities and all work by itsemployees shall be performed in accordance withthe highest ethical standards and core valuesand “keeping our promises” being a fundamentalobligation.The Group has adopted the Ten Principles ofUnited Nations Global Compact.We recognize that commercial success dependson the full commitment of allemployees.To those with whom we do Business:To seek mutually beneficial relationships withContractors, Suppliers and Partners and topromote the application of our General Businessprinciples.Responsibilities to Shareholders:To protect shareholders investment and provide along term competitive return.Responsibility to Customers:To win and maintain customers by developingand providing products and services which offervalue in terms of price and quality as well astechnological edge.Responsibility to Employees:To respect the human rights of our employees,and provide good and safe working conditionsas well as competitive terms and conditions ofemployment.To Society:To conduct our business as reasonable corporatemembers of society , to comply with applicablelaws and regulations, to support fundamentalhuman rights in line with the legitimate role ofour business and to give proper regard to health,safety, security and the environment.CompetitionWe support free enterprise and seek to competefairly and ethically and within the framework ofapplicable competition laws. We will not preventothers from competing freely with us.90
Annual report 2012 91/92Strategies and values | Group | Parent company | Corporate governance | ContactBoard and administration Corporate governance General business principlesBusiness IntegrityWe insist on honesty, integrity and fairness inall aspects of our business and expect the samein our relationship with whom we do business.The direct or indirect offer, payment, soliciting oracceptance of bribes in any form is unacceptable.Facilitation payments are also bribes and areunacceptable. lt is important that gifts orhospitality never influence imminent businessdecisions-making processes or cause others toperceive an influence.We shall work against corruption in all its forms,including extortion and bribery.Employees must avoid conflict of interest betweentheir private activities and their part in theconduct of company activities. Employees mustdeclare to their employing company any conflictof interest.Equal OpportunityOur responsibility is to create an inclusive workenvironment where every employeehas an equal opportunity to develop his or herskills and talents. We will not tolerate unlawfulemployment discrimination of any kind.Living by the principleslt is the responsibility of management to lead byexample, to ensure that all employees are awareof these principles and behave in accordancewith these, in spirit as well as in the letter of thisstatement.Violation may have severe consequences both forindividuals as well as the Company.Political activitiesComrod Communications shall act in a sociallyresponsible manner within the laws ofthe countries in which we operate in pursuit of ourlegitimate commercial objectives.We shall not make any payments to politicalparties, organisations or their representatives.Health, Safety, Security and EnvironmentComrod Communication has a systematicapproach to health, safety, security andenvironment management in order to achievecontinuous improvement.91
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Annual report 2012 - Comrod

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