Supplier Code of Conduct

Supplier and Partner Code of Conduct: Upholding High Ethical Standards

At OSY-Group, we are committed to conducting business with the highest levels of integrity, responsibility, and ethical conduct. We believe that strong relationships with our suppliers and partners are built upon shared values and a mutual commitment to ethical business practices. This Supplier and Partner Code of Conduct outlines our expectations and standards for ethical behaviour and responsible business conduct.

1. Compliance with Laws and Regulations

Suppliers and partners are required to adhere to all applicable laws, regulations, and standards in their operations. This includes compliance with laws related to labour, environmental protection, health and safety, anti-corruption, and any other relevant areas.

2. Respect for Human Rights

We expect all suppliers and partners to respect human rights and to treat their employees, customers, and stakeholders with dignity and fairness. Forced labour, child labour, and any form of discrimination or harassment are strictly prohibited.

3. Employee Standards

Suppliers and partners are expected to provide safe and healthy working conditions for their employees, and to ensure that all labour practices comply with local laws and international standards. We support the right to collective bargaining and freedom of association.

4. Environmental Responsibility

Environmental sustainability is a priority. Suppliers and partners should strive to minimise their environmental impact by adhering to best practices for resource conservation, waste reduction, pollution prevention, and sustainable sourcing.

5. Anti-Corruption and Transparency

Suppliers and partners are required to uphold a zero-tolerance policy towards bribery, corruption, and unethical business practices. Transparency in financial dealings and accurate reporting are essential.

6. Fair Business Practices

We expect suppliers and partners to engage in fair and ethical business practices, including truthful advertising, fair competition, and respect for intellectual property rights.

7. Social Responsibility

Suppliers and partners are encouraged to engage in activities that contribute positively to the communities in which they operate. This could include philanthropy, community engagement, and support for social initiatives.

8. Continuous Improvement

Continuous improvement in ethical practices is encouraged. Suppliers and partners should regularly assess their operations to identify areas for enhancement and take proactive steps to address any issues.

9. Reporting Violations

If suppliers or partners become aware of any violations of this Code of Conduct, they are required to promptly report them to OSY-Group CEO.

10. Consequences of Non-Compliance

Non-compliance with this Code of Conduct may result in corrective actions, up to and including the termination of our business relationship.

By adhering to this Supplier and Partner Code of Conduct, we demonstrate our collective commitment to maintaining the highest ethical standards in all aspects of our business. Together, we can create a sustainable and responsible business ecosystem that benefits all stakeholders.