SCOPE
Suppliers of goods and services, contractors, joint venture partners, consultants, advisers and all other third parties engaged by Abolin (referred to as "Suppliers") are expected to adhere to the principles set out in this Supplier Code of Conduct and are encouraged to develop their own codes, policies and procedures to adhere to the principles of this Supplier Code of Conduct.
ETHICS AND INTEGRITY
This Supplier Code of Conduct provides guidance which will help you to do the right thing. You are encouraged to ask questions about this Supplier Code of Conduct and its application. This Supplier Code of Conduct does not replace the requirement to comply with applicable laws. Where there are differences between the applicable local law and this Supplier Code of Conduct, Suppliers should apply whichever sets the highest standard of behaviour.
We wish all Suppliers to act ethically and with integrity at all times. That means complying with the law, treating people and your suppliers fairly, and engaging only in proper business conduct.
COMPLIANCE WITH LAWS
We are committed to carrying out all activities connected to our business in accordance with all applicable laws. It is essential that Suppliers do not knowingly break the law in connection with any business for Abolin. Any breach of laws will be considered a serious matter that may lead Abolin to terminate our relationship with a Supplier.
ANTI-BRIBERY AND CORRUPTION
We do not tolerate, permit, or engage in bribery, corruption, or improper payments of any kind in our business dealings both with public officials and with people in the private sector. Accordingly, Abolin treats any form of "facilitation payment" to be a bribe. Suppliers must not give any form of facilitation payment to public officials in connection with Abolin's business.
HOSPITALITY AND GIFTS
Any hospitality or gift offered or given by Suppliers to Abolin employees or to third parties with connection to Abolin's business must be reasonable in value and not be intended to improperly influence a business relationship or transaction.
FRAUD PREVENTION
Steps should be taken to detect and prevent any form of fraud. Fraud is committed when a person acts dishonestly, intending to make a gain or to cause loss to another (or expose another to a risk of loss) through some form of deception or misrepresentation.
CONFIDENTIALITY AND INSIDER DEALING
Abolin's business data or other confidential information must not be disclosed to third parties or used improperly for self-enrichment. In particular, Suppliers should not buy, sell or trade in Abolin's shares based on confidential information that comes to the Supplier in the course of doing business with Abolin.
FAIR COMPETITION
Competition laws around the world are very strict and penal. Suppliers must not collude with other Suppliers to fix prices or market share. Confidential information provided by Abolin should not be shared with other Suppliers.
DATA PROTECTION
The personal details of Abolin's employees and any other personal data that Abolin provides to Suppliers must be kept confidential and secure. Personal data should not be provided to third parties without Abolin's express agreement.
HEALTH AND SAFETY AND ENVIRONMENTAL MATTERS
Our goal is to create a safe, healthy and clean working environment such that we cause no harm to people, and we minimise our impact on the environment.
Measures should be taken by Suppliers to ensure the health, safety and welfare of their employees and those affected by a Supplier's business. We encourage our Suppliers to take measures to reduce their environmental impact and to contribute to the communities in which they operate. We encourage Suppliers to discuss initiatives with us.
HUMAN RIGHTS AND MODERN SLAVERY
We wish to conduct our business with respect for human rights. Slavery and human trafficking ("Modern Slavery") are crimes and a violation of human rights - Abolin has a zero tolerance approach to Modern Slavery.
TRADE CONTROLS
Suppliers must at all times comply with all applicable import and export controls and sanctions relating to overseas countries. Suppliers should put in place procedures to ensure compliance with this important area.
REPORTING AND ADVICE
We encourage Suppliers to speak with us about ethical and business conduct issues.
To report a concern or discuss an ethical and business conduct issue, please either speak with your Abolin contact or send an email to abolin@abolinco.com.