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1. Introduction
Within business carried out by Devold we are committed to be socially and environmentally responsible for all our actions. We have this responsibility towards all our customers who buy our products and to our suppliers who take part in the production or distribution of our products.
Based on our commitment we have set up the Devold Code of Conduct to make our position clear for all our suppliers, and for our own staff. Our Code of Conduct contains labor and environment requirements, as well as other ethical requirements, which accord with provisions in international conventions and instruments, such as the ILO Core Conventions.
In many cases the Code requirements are the same as provisions specified in National laws and regulations. Should the provisions of national law and the requirement of our Code of conduct differ, the highest standard shall always apply.
The requirements of our Code of Conduct are non-negotiable and shall be complied with by our suppliers, and their subcontractors, through all their activities. Yet, we stress that we will not terminate business in case of non-compliances. If non-compliances occur, we expect corrective actions to be taken within a reasonable time frame agreed upon between the supplier and Devold.
Only after repeated failure or unwillingness to carry out corrective actions, may business with the supplier be terminated. Also, when placing new orders, the level of compliance with our Code of Conduct and willingness to make improvements will be an important criterion in our selection of suppliers. The principle aim of our Code of Conduct is to help improve the social and environmental conditions of our suppliers.
Supplier is any party we have contracted with and who is responsible for a product, process or service supplied to Devold.
Subcontractor is a business entity in the supply chain directly or indirectly providing the supplier with goods and/or services integral to and utilized in/for the production of the supplier’s goods and/or services.
2. Principles
The business relationship between Devold and its suppliers shall be based on mutual respect, and all parties shall communicate in a good and constructive manner throughout the process.
Devold goal
Our goal is to influence the work for respect for Human & Labor Rights and environmental protection both within the company and towards our business partners.
Favoring of producers and producing countries
Devold shall, when choosing suppliers, in addition to other competition aspects, consider social and environmental standards.
Compliance with these standards and demonstrated will to improve these aspects of the operations, is considered as a competitive advantage and will be taken into consideration when choosing suppliers and vendors.
Boycott of individual countries
Devold and its suppliers shall avoid sourcing from partners operating in countries where there is broad international consensus by the United Nations to boycott because of the country’s human rights situation.
Continuous evaluation and improvement Devold internal policies and practices
Devold shall continuously evaluate and, if applicable, improve our own policy and purchasing practices in order to facilitate suppliers and subcontractors’ compliance with this Code of Conduct.
Neither Devold nor any of its employees shall ever offer or accept illegal or unlawful monetary gifts or other forms of remuneration in order to secure business-related or private benefit, or benefit for customers, agents or suppliers.
3. Code of Conduct
4. Auditing and Monitoring
To evaluate the compliance of this Code of Conduct Devold will make use of audits either by own personnel or by approved third parties. We reserve the right to monitor the compliance of this Code of Conduct by systematic, unannounced, or announced inspections, conducted by Devold personnel or independent auditors.
5. Corrective Action and Non-Compliance
Devold Code of Conduct sets the standard expected to be met by all our suppliers and partners during operation and manufacturing. We are fully aware that all expectations can’t be met immediately, but these as well as non-compliances are to be settled by corrective actions by the supplier. If repeated violations are established without any effort by the supplier to take appropriate actions, it is our duty to terminate the cooperation with such suppliers.