Empower promotes openness and transparency as well as continuous dialogue with its stakeholders, including customers, suppliers, employees, municipalities and other authorities and the media. Therefore it is important that employees follow these principles when conducting business.
2.1 Employees are obliged to communicate honestly and accurately when dealing with Empower's clients, suppliers and other stakeholders.
2.2 Employees are expected to communicate openly and honestly on the known or potential consequences that our actions have or may have on the society and environment.
Respect of Laws
2.3 All business and other activities of the company must be carried out strictly in compliance with all applica-ble laws and regulations, and under the principles of good corporate citizenship in each country wherever such activities take place. Applicable local legal requirements must be followed even when those require-ments exceed the standards contained in this Code of Conduct.
2.4 Violations of laws and regulations have serious consequences, both for Empower and for the individuals involved. While Empower pursues to keep its employees in a timely manner aware of relevant legal obliga-tions, each employee is however responsible for familiarizing and complying with the requirements of laws and regulations that apply to his/her work.
Some of the specific legal topics, as described below, include fair competition, conflict of interest, corruption, bribery and fraudulent behavior.
Competition legislation aims to protect consumers and businesses against unfair business practices and in this regard governs the way companies behave in the marketplace. Violating competition legislation is a serious matter and could place the company at risk of substantial penalties and other negative consequences.
2.5 Employees must comply with applicable competition legislation and must refuse to enter into any discus-sions or agreements with competitors concerning pricing, market shares or other activities which distorts competition in the markets.
2.6 Employees should be sensitive to competition concerns in everyday working environment, especially when dealing with competitors or potential competitors. If an employee detects, or even suspects unlawful be-havior, he/she must report such behavior to Empower legal functions.
Conflict of Interest, Corruption and Bribery
Empower expects full loyalty from its employees, and they are expected to promote the interest of Empower in the performance of their duties.
2.7 All forms of corruption, including but not limited to extortion, bribery, nepotism, fraud and money launder-ing, are strictly forbidden. The company does not tolerate any corruptive behavior and it is in all circum-stances strictly prohibited.
2.8 Employees and suppliers must avoid situations where their personal or family interests interfere with their ability to perform his/her duties in the best interest of the company.
2.9 It is strictly prohibited for any employee, in performance or in connection with his/her duties, to: promise, offer, pay or solicit bribes or kickbacks of any kind (including money, benefits, services or anything of value) in order to obtain or retain business or, to facilitate favorable decisions, discussions or services with the authorities.
2.10 Suppliers must not pay for entertainments provided for the families of Empower employees. When em-ployees visit suppliers or attend exhibitions or conferences etc. their travel and accommodation costs must be paid by Empower.
2.11 It is strictly prohibited for Empower's employees to accept any gifts or favors from actual or potential business partners that exceed the normal standards of hospitality. If an acceptance of a gift or favor con-tains even a remote possibility of conflict of interest, the employee shall always clarify the situation with Empower management in advance.
2.12 The company does not tolerate fraudulent behavior or activities, such as embezzlement, fraud or theft, whether it is directed to Empower or third party's property. Such violations may lead to disciplinary actions as well as to criminal sanctions.
Protection of Empower's Assets and Proprietary Information
Empower spends considerable resources to develop and maintain assets that is used for Empower's business. Proprietary information and data is another valuable asset for Empower. Implementation of an adequate level of protection for information entrusted to Empower by its clients is not only legally required but also essential to the continued success of Empower's business and preservation of its reputation.
2.13 Employees have responsibility to comply with procedures and guidelines that protect Empower's physical assets such as equipment, computers and communications systems.
2.14 Employees must take personal responsibility to safeguard Empower's and third-party owned proprietary and confidential information and data from unauthorized disclosure, changes or loss and in on this score comply with policies and procedures implemented by Empower IT (such as Empower Information Security Policy).