Aim

The goal of this document is to educate all supplier of SCS Concept Group about the importance of business ethics and the company’s commitment to ensuring same. Compliance with this document is mandatory and exceptions are not permitted.

Scope

The policy and implementation specified in this document are addressed to:

Everyone must apply this policy and notify the group in case of any situation in which this policy would be not applied.

All suppliers must be committed to ensuring that all its international activities are conducted in accordance with all applicable legal and regulatory requirements and the highest standards of ethical business conduct.

Ethics Policy

Working Conditions and human rights

We commit to uncompromisingly comply with the legal requirements regarding working conditions at all times and thus to ensure the unrestricted protection of all our employees in the respective workplace.

Child labour and young workers

We commit to uncompromisingly comply with the legal requirements regarding child labor and young workers at all times and thus to ensure the unrestricted protection of children and adolescents.

Wages and benefits

We commit to uncompromisingly comply with the legal requirements regarding wages and benefits at all times and to secure a financially satisfactory income for our employees and partners in the long term.

Forced and compulsory labour and human trafficking

We commit to take all possible measures at all times to combat forced and compulsory labor and human trafficking, and to fight the first signs without compromise.

Freedom of association and collective bargaining

We commit to safeguarding freedom of association and bargaining rights of our employees at all times, so that management and employees can jointly develop and maintain the appropriate framework for long-term employment.

Non-discrimination

We commit to take all possible measures at any time against any discrimination as in terms of gender, origin, color, religion, and to fight uncompromisingly even the first signs of it.

Corruption, extortion and bribery

We commit to take all possible measures at any time to combat any corruption, extortion and bribery and to fight the first signs without compromise.

Financial responsibility (accurate records)

We commit to meet our financial responsibility at all times and to comply with all legal requirements and general statutes of an international company regarding investment management and financial documents and records.

Disclosure of information

We commit at all times to our responsibility to provide a legitimate and factually correct disclosure of information inside and outside of our company.

Fair competition and anti-trust

We commit to live up to our responsibility for fair, free competition at all times, and to always promote the trust between our employees, suppliers, partners and customers.

Conflicts of interest

We commit to avoiding conflicts of interest at all times in all hierarchical levels and areas of the SCS Group in order to be able to make neutral decisions and obtain objective product results.

Counterfeit parts

We commit to renounce counterfeit parts at any time in all our developed and produced products and to run the risk of being confused with a competitor product, either consciously or unconsciously, towards our customers. We basically do not allow plagiarism in our processes and products.

Intellectual property

We commit to protecting the intellectual property of our employees, partners and suppliers at all times and not unlawfully using them for our own purposes.

Export controls and economic sanctions

We commit to uncompromisingly comply with all legal requirements in relation to export controls and economic sanctions at all times, and to align our business processes accordingly and to fight against them at an early stage.

Protection of identity and non-retaliation

We are committed to raising awareness at all times in relation to protection of identity and non-retaliation all employees and partners and to maintain the relevant ethical principles.

Policy Implementation

SCS Concept Group suppliers must implement the policy by the following management actions:

Audit

SCS Concept group might ask to any supplier to perform an audit to verify the policy implementation

Corrective actions

In case of evidence of not correct implementation, the following actions must be taken:

  • Define the plan to correct the policy implementation

The results must be communicate to SCS Concept