Our business principles
LAWS, REGULATIONS AND RULES
Holtab adheres to the applicable laws, regulations and rules in the countries in which we operate. We regularly develop and update our policies, ways of working and methods to ensure that the applicable laws and rules are followed. Holtab endeavours to work with suppliers, consultants, distributors and other business partners that share the principles expressed in Holtab’s Code of Conduct. We also encourage our business partners to embrace their own codes of conduct that contain the same principles as Holtab’s.
GIFTS, BENEFITS, REMUNERATION AND REPRESENTATION
Holtab rejects all forms of corruption, the giving and receiving of bribes and indirect bribery. This means that employees may not accept or offer payment, gifts or other benefits that are intended to influence a business or public agency decision in a certain way. We take care to ensure that corporate presents, payments, events and similar gifts always have a clear business purpose, are transparently recorded and have a reasonable value and follow industry practice.
CONFLICTS OF INTEREST
Employees should act in accordance with Holtab’s best interests and should not allow private interests and personal relations to come into conflict with Holtab’s interests. Holtab’s employees should not benefit the personal or financial interests of themselves or someone closely affiliated to them in their work. Someone closely affiliated refers to family, relatives, close friends or business partners.
RIGHT TO COMPETITION
Holtab adheres to competition legislation and competes in a fair and honourable way. We should not exchange information or enter into contracts or agreements with competitors, customers or suppliers which, in an unacceptable fashion, affect the market or the outcome of a tender process. An employee who is uncertain about what is permitted in accordance with competition legislation should always consult their line manager.