We cannot succeed as a business without the trust and confidence instilled in our employees, customers and shareholders. Supervisory personnel are also tasked with ensuring that their subordinates abide by the principles set forth in this Code. No corporate code of conduct can comprehensively address all types of business conduct or employee activity, and CP’s Code of Business Ethics is no exception. In situations not expressly dealt with, employees are expected to govern themselves by the general principles set out in the Code of Business Ethics … We will abide by all applicable laws, rules and regulations pertaining to the acquisition and use of Intellectual Property. Code of Business Conduct and Ethics AMLI Residential requires its officers and employees (including the officers and employees of its subsidiaries and affiliates) to observe high standards of business and personal ethics in the conduct of their duties and responsibilities. The ethical principles embodied within the code are based on the organization’s core values, mission, and vision, as well as any standards imposed on a related professional field, such as medical ethics or legal ethics. Although there is no prohibition against the occasional acceptance of unsolicited professional courtesies, employees should not feel obligated to accept them. The general guide usually touches on common ethical concerns, such as employer-employee relations, environmental issues, social responsibility, and discrimination. Failure to comply with the code repeatedly or intentionally will lead to an appropriate sanction. Pursue Growth and Learning 6. Specifically, we will not obtain or try to obtain a competitor’s trade secrets or other proprietary or confidential information; nor will we condone or participate in improper use, copying, distribution or alteration of software or other intellectual property. Employees are ethically obligated to report any violations or suspected violations of this Code to management’s attention; and provisions for confidential reporting have been made. A code of conduct, also called a "code of business ethics," are the policies and rules both employees and employers must adhere to. This includes but is not limited to pricing and financial data, customer names/addresses or nonpublic information about other companies, including current or potential suppliers and vendors. Various examples of the code of ethics are the compliance based code of ethics, value-based code of ethics, code of ethics … This means we hold our leaders (our officers/executives, directors and upper and middle management) to the same standards as any other employees. We trust you to use your better judgment, but we want to provide you with a concrete guide you can fall back on if you’re unsure about how you should act (e.g. In the routine course of business, it is not unusual to offer professional courtesies. Because they represent the Company and our brand, we expect everyone who works for us to demonstrate exemplary standards of ethics and integrity. Respect in the workplace. The above Code of Business Conduct and Ethics applies to all directors and employees of Tesla. The different rules set out in a code of conduct determine which practices are required or restricted. Violations of our Code of Conduct may result in harm to the business, as well as disciplinary action, up to and including termination. Both codes can be in separate forms or combined into one document that blends ethical principles into professional action. As such, we expect all organization members to be directed by the same values in their judgment and behavior. Using the Code of Ethics and Business Conduct Our Code of Ethics and Business Conduct is our shared guide to doing the right thing and living our core values. A code of ethics may be largely compliance-based, with guidelines explicitly set out along with penalties for violation of ethical principles. We must not unduly affect, influence or mislead any audit, nor interfere with any auditor engaged to perform an independent audit of company records, processes or internal controls. Environmental policies may include adherence to regulations and industry best practices. Protection of confidential company information, as well as nonpublic information entrusted to us by employees, customers and other business partners is key to our success. Ethics focus on day-to-day behavior and decision making. Questions about the acceptance of any business courtesies should be directed to your direct supervisor, manager or to the Human Resources department. employees are expected to conduct all Phillips 66 business with honesty and candor. The code of conduct specifically sets out actual guidelines with more specific dos and don’ts of action. All employees must protect our company’s legality. Employee ethics are a set of principles that forms the rules of conduct for a group of people, such as a business. Deliver WOW Through Service 2. The CEO and all senior financial officers, including the CFO and principal accounting officer, are bound by the provisions set forth therein relating to ethical conduct, conflicts of … All references to “Cintas” or. There is no prohibition of occasional personal use as long as it is not disruptive and does not harm job performance. All corporate records must be factual, exact and absolute, and company data must be promptly and accurately documented in our books in accordance with all relevant internal and external accounting practices. If any employee feels uncomfortable accepting or has any misgivings about accepting a professional courtesy, the best course of action is to decline politely. In performing their job duties, Amazon.com employees should always act lawfully, ethically, and in the best interests of Amazon.com. Both statements are also more effective when top-level management leads by example. It is a legal document that outlines a set of correct behaviors individuals need to follow towards others and the organization as a whole. The statement of values, either within the introduction or as a separate section, outline the company’s purpose and values. The Company’s Code of Business Conduct and Ethics (the Code) is intended to help each of us understand our role, and the role of others, in good corporate conduct. This CoBE is enhanced to accommodate developments in local and international laws and practices, as well as technological developments. This policy applies to all organizational members regardless of rank or employment type. We expect all employees to observe the highest standards of ethics and integrity in their conduct. Follow these tips to find what you need quickly and easily. No matter where at Micron we work or what our … Contractor Code of Business Ethics and Conduct (Jun 2020) (a) Definitions. This also means we will not engage in any collusion, conspiracy or any other inappropriate/illicit practices with regards to pricing. These guidelines outline how people should appropriately … specified. Embrace and Drive Change 3. The board is authorized to review compliance, and audits will be authorized as necessary. Any failure to do so on their part will be dealt with accordingly. It helps frame the code of ethics and business conduct following a bigger picture. Because it is crucial to the company’s success, compliance with these values is mandatory. Specific rules of conduct may be divided into separate sections, as discussed later. Our employee code of ethics and business conduct outlines our expectations regarding the behavior of our employees towards other members, customers, stakeholders, and society. This should be distilled into your mission statement and core values, so it's a good place to start. Employees, and the employees … Open communication and expression should be guided by the desire for a respectful, safe, and collaborative working environment. Employees must feel comfortable in their place of work, so a commitment to employee privacy is one way to show employees that the code of ethics and business conduct is also for them. This Code of Ethics and Business Conduct (the “Code”) provides guidance for carrying out your responsibilities on behalf of the company, fostering an environment of mutual trust and respect, continuing to build on our reputation for integrity, and observing the highest standards of ethical conduct. This means our products and services will only be sold based on factors deemed fair and reasonable given applicable market conditions. It effectively serves as a guide to acceptable business conduct for all employees. Any business, from small online shops to large corporations, can benefit from publishing a code of conduct and ethics. The code will outline the responsibilities and obligations that members have to the organization and its stakeholders for these different concerns. There is no prohibition against the acceptance of occasional meals, refreshments, entertainment, gifts and similar business courtesies that are commonplace and as such fall within conventional norms as long as: Ordinary business entertainment is also acceptable; however, professional misconduct occurs when the value or cost of such entertainment creates or could potentially create a conflict of interest. We create, retain and dispose of our official documents as part of our normal course of business in accordance with applicable company policies and procedures; and in compliance with all regulatory and legal requirements. The acceptance of such courtesies from any one person, organization or business is not habitual. The gifting of certain promotional items is generally acceptable, as long as such activity complies with acceptable professional norms. We expect employees to be ethical and responsible when dealing with our company’s finances, products, partnerships and public image. The code of ethics contains a company’s core ethical values, principles, and ideals, which serve as the foundation for the code of business conduct. A code of ethics will reflect all of these principles and a general guide of how members should approach problems. All employees should respect their colleagues. The rationale behind the document must be written in clear and inspirational tones to motivate employees towards benefitting the organization. What to include in the code of conduct and code of ethics? Ethics is not just an intangible concept under corporate culture or an unwritten understanding among members of an organization. Commitment to government standards and licensing requirements may also be reinforced here. Code of Ethics for CEO and Senior Financial Officers The above Code of Business Conduct and Ethics applies to all directors and employees of Tesla. Trust is one of our core values – whether it is from our customers, partners, shareholders, the communities we serve, or you as employees – and is also vital to our ongoing success as a Company. As a business predicated on fairness and positivity, we believe an effective workplace can only exist when employees are fully committed to treating one another with respect. They need to be accepted before a member can join the organization. Stating principles related to consumer privacy helps build confidence in the company. This Code is only effective as long as: designated supervisory personnel use applicable policies and procedures to facilitate the resolution of any ethical questions or concerns brought to their attention. Customers and partners are more likely to engage with businesses that share similar values. The deliberate or inadvertent disclosure in any forum of any inside information regarding the company, its business practices, strategies, financial status, operational results or similar information is strictly prohibited. It includes administrative activities in reporting possible violations, the process for establishing facts, and issuance of warnings. Legal actions may be taken in cases of theft, embezzlement, corruption, and other unlawful actions. ThisCode of Ethics and Business Conduct (“Code”) contains basic principles and additional guidance to help us make the best decisions and to comply with the … The culture of each company is different. The code of conduct becomes a legal agreement between the company a… Many well-known companies have their own code of ethics published for the interest of the general public. Thus, most codes of ethics are also disclosed publicly so that interested parties can know how the company does its business. The values and principles included herein are taken seriously, and violations are cause for disciplinary action up to and including termination of employment. The Code of Conduct and Business Ethics is designed to help us maintain and protect that reputation and the responsibility that comes with it. The disclosure of such information without a valid business or legal purpose and proper authorization is not permitted and will not occur under any circumstances. Both outline the standards in which members must adhere to remain part of the organization, including specific scenarios or forms of behavior. A code of conduct, also called a "code of business ethics," are the policies and rules both employees and employers must adhere to. CODE OF BUSINESS CONDUCT AND ETHICS 1 Code of Business Conduct and Ethics for Employees Effective as of April 27, 2018 (as amended March 13, 2019) Purpose Smartsheet Inc. (collectively with its subsidiaries, “Smartsheet”) is committed to promoting high standards of honest and ethical business conduct … The goal of a code of ethics is to help employees make decisions that are in line with what the company or organization values. The code of conduct is a set of standard social norms, regulations and responsibilities of each individual in the company. Employees and those who represent the company are entrusted with responsible use of such material. Remember, the only way to build upon existing trust and belief in our business is with affirmative answers to all of these questions. We expect all employees to observe the highest standards of ethics and integrity in their conduct. Code of Business Conduct and Ethics Conflict of Interest The Company’s Code of Business Conduct and Conflicts of Interest Policy require employees to make a conscious effort to avoid conflict of interest situations; that his judgment and discretion is not influenced by considerations of … If such personnel cannot fully and accurately answer these questions, they should consult the Compliance Team. We also believe that any employee should feel free to voice any concern about work-related matters without fear of reprisal. However, such courtesies should not be expected and requesting them is strictly forbidden. A code of conduct is a set of organizational rules and standards regarding the company’s values, ethics, and beliefs that determine the conduct or action of the organization and its members. Employees are supposed to be guided by this code when they make crucial decisions. Our Compliance Team is tasked with ensuring that all employees are aware of, understand and abide by these principles. Ethics is not just an intangible concept under corporate culture or an unwritten understanding among members of an organization. All employees must be vigilant and immediately report to managers, supervisors, the Legal department or the Business Conduct and Ethics Hotline, as appropriate, all situations that come to their attention in … Employees tasked with crafting presentations or proposals should be especially mindful of these restrictions. All employees are expected to comply with the Group Framework. Members are discouraged from accepting gifts from clients, or partners for the benefit of another party. While the two codes differ in the scope and focus, they both help the company in establishing and promoting certain behaviors in line with their organizational culture, ethical principles, and professional standards. In this context, professional integrity is paramount. Code of conduct and code of ethics examples, Sample free code of conduct and ethics template, How to Create a Privacy Policy for Facebook Page, GDPR Data Controller vs Data Processor: What You Need to Know, Email Disclaimer Examples - Protect Yourself and Your Organization. high standard of business and personal ethics. Code of Ethics and Business Conduct Policy It is the policy of the Company to provide our Code of Ethics and Business Conduct, which will serve as a guide to proper business conduct for all employees. It is important it is clear and comprehensivecovering all the important areas for your organization. Any and all relationships or activities that actually compromise or could potentially compromise any employee’s fairness or objectivity should be avoided. As a form of a value statement, it views ethics as a guide of principles that help professionals in the business conduct dealings honestly and with integrity. Accordingly, any employee with doubts about whether potential action complies with applicable law or Company policy should not take any action without obtaining the advice of a relevant expert. It also includes matters of legal compliance. It is not a box-ticking exercise. They should comply with all environmental, safety and fair dealing laws. Finally, we will not offer to make or request unlawful payments or similar recompense in return for the purchase of our goods or the sales of its products or services. This Employee Code of Conduct Company Policy template is ready to be tailored to your company’s needs and should be considered a starting point for setting up your employment policies. Put simply, a code of conduct is a set of rules that guides behavior in your business. The code of ethics is an aspirational document designed to influence individual decision-making and the thought process of the employees. Our ten core values are: 1. The business provides more specific practices and behavior covering many scenarios, and therefore, it has a narrower scope and longer length. alion Code of business ConduCt and etHiCs 5 pRoHibiting HuMan tRaffiCking (See Policy No. LE2.09) The U.S. Government maintains, and Alion has adopted, a zero-tolerance policy that prohibits trafficking in persons and trafficking-related activities. This Code of Business Conduct and Ethics (the "Code of Conduct") sets out basic guiding principles. In order to protect the interests of the company and our employees, we reserve the right to monitor or review all data and information contained on an employee’s company-issued computer or electronic device, the use of the Internet or company intranet. Businesses may write explicit dos and don’ts to address specific issues. Employees who want to be part of the company need to adhere to the business code of conduct. The code of conduct is an agreement between members of the organization. Our Code of Business Conduct and Ethics provides guidelines on how to act with integrity and make the right choices. Our professional code of ethics policy aims to give our employees guidelines on our business ethics and stance on various controversial matters. We are expected to communicate the policies contained in our Code, making thesediscussion s a part of daily business. Making such offers is acceptable as long as it is not done, or cannot be perceived as being done to curry favor with or otherwise influence the recipient. the “Company” include Cintas Corporation and all Controlled Affiliates unless otherwise. Any inadvertent or deliberate inaccuracy in or falsification of such information is unacceptable; and any concerns about the veracity or accuracy of such material should be immediately directed to the compliance officer. LE2.09) The U.S. Government maintains, and Alion has adopted, a zero-tolerance policy that prohibits trafficking in persons and trafficking-related activities. Both the code of conduct and the code of ethics are formal documents that organizations create to encourage certain behavior from their employees. Following a clear warning, employees who persistently show indecorous behavior may face demotion, reprimand, detraction of benefits, suspension, or termination. It is sometimes difficult to determine whether certain activity constitutes a conflict of interest. Keep in mind that this is just an example and you should tweak it to your own needs and practices. All types of businesses must strive to create an inclusive environment free from discrimination. The Code is a valuable tool with information about our policies, procedures and expectations, as well as examples of circumstances you may encounter on the job. Consequences such as the issuance of warnings, counseling or reeducation, suspension, litigation, and dismissal should be discussed. All employees must be vigilant and immediately report to managers, supervisors, the Legal department or the Business Conduct and Ethics Hotline, as appropriate, all situations that come to their attention in the Company’s premises or businesses where sexual exploitation of children is … The CEO and all senior financial officers, including the CFO and principal accounting officer, are bound by the provisions set forth therein relating to ethical conduct… Generally, the use of company equipment such as computers, copiers and fax machines for outside business purposes or in support of any religious, political or other outside daily activity is not permitted. All employees should also be aware that intimidation, attempted intimidation and/or retaliation (attempted or otherwise) against a co-worker who has reported alleged wrongdoing is unacceptable and will be dealt with accordingly. It may also include practical financial objectives and social and organizational goals that require good ethical practices and business conduct. Personal appearance should project the company’s commitment to professionalism. This obligation applies to all employees from the CFO down, who are in any way responsible for the preparation of such information. Principled competition is the lifeblood of a free market economy. Ethics focus on day-to-day behavior and decision making. Companies are required to create and contribute to a safe working environment. These documents also aid in establishing the company’s commitment to ethical values. All employees should fulfill their work with integrity and respect toward our stakeholders. The introduction is sometimes a statement by a high-level executive showing personal commitment and support for the code of ethics and business conduct. Accounting for business courtesies should comply with approved company procedures. We equate effective communication with respect. Employees in key decision-making positions should be wary of accepting any professional courtesy that could potentially or actually have an unfavorable impact on our reputation. The company is responsible for the comprehensive investigation of any reported matter pertaining to questionable or unethical behavior. Common scenarios that a code of conduct may discuss include conflicts of interest, acceptance of gifts and bribery, use of confidential information, financial reporting and accounting conduct, and proper use of the company’s property. The code should detail what will be done to ensure implementation. Employees should treat company property and their physical environment with respect and care. 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