Business Ethics

Through Norcospectra Group's Code of Conduct, all employees have a clear regulatory framework for business ethics. The Code of Conduct from which key parts are listed below have been communicated to Norcospectra Group's suppliers in the form of a Group-wide supplier policy. According to the Code of Conduct, Norcospectra Group has zero tolerance towards all forms of kickbacks, bribery and corruption.

Human Rights

Norcospectra supports and respects the protection of internationally proclaimed human rights and strives to ensure that we are not complicit in human rights abuses.

Freedom of association

As local or relevant laws allow, all employees are free to form, join or not to join unions and have the right to collective bargaining when employed by Norcospectra.

Forced and compulsory labour

No form of forced or compulsory labour is tolerated by Norcospectra and all employees have the right to leave their employment as stated by contracts or local laws.

Child labour

We are not complicit in any form of child labour or other forms of exploitation of the child. No one is employed below the completion of compulsory school or under the age of 15 and no one under the age of 18 is employed for hazardous work within Norcospectra.

Work place

Norcospectra shall provide a working environment that is healthy, safe and in accordance with the relevant local laws for all employees. Norcospectra makes every effort to pay fair salaries and remuneration in accordance with relevant norms in the locations in which the Group has operations.

Discrimination

Diversity amongst Norcospectra employees is a positive attribute and Norcospectra offers all individuals equal opportunities (i.e. personal development, further education, salary level). No one regardless of ethnicity, colour, gender, sexual orientation, nationality, parental status, marital status, pregnancy, religion, political opinion, ethnic background, social origin, social status, age, union membership or disability shall be discriminated. Harassments in the form of physical or psychological abuse are strongly prohibited within Norcospectra, as is any kind of intimidation or other threats. Employees in Norcospectra have a joint responsibility for this to be achieved

Drugs

Preventing abuse of drugs (incl. alcohol) concerns all of us and means that we have a common responsibility to achieve a high level of security for the operations and a good and safe working environment. We aim for a secure workplace free of drugs and that all employees with drug related problems dare to seek help. No one is allowed to be effected by any drugs at work.

Purchase of sexual services and child pornography

Purchase of sexual services, sexual exploitation of children and child pornography is illegal based on legislation in several countries, including Sweden, and can support trafficking, which is a violation of human rights. Employees in Norcospectra on assignments and business travel, also internationally, are expected to respect this stance. This applies irrespective of country and both during and after working hours

Anti-corruption

Norcospectra’s reputation of honesty, integrity and responsibility must be upheld and any involvement in bribery, extortion or corruption in any form is not tolerated by Norcospectra. Norcospectra makes active efforts to ensure that this does not occur within the company.

The term corruption refers to abuse of a position of trust for own or the company’s gain, for example through the use of bribes. It is forbidden to offer, promise, or give, as well as request, accept a promise of, or receive a bribe. A bribe is a gift or other benefit that might influence another person, as part of their employment or duties, to show improper favour to the giver.

Norcospectra’s employees may, for example, not offer, give, receive, or request gifts, services, entertainment or other rewards that:

  • Violate accepted business practice.
  • Have an unreasonable value. (not above the equivalent of 45 €)
  • Consist of money, securities, cash loans, or other types of personal payments in the form of discounts, commissions, bonuses or fees.
  • Consist of pure leisure or vacation trips.
  • Violate existing laws.
  • Are other rewards which due to their value or other relevant circumstances are typically likely to improperly influence the recipient in the exercise of their professional duties or in another manner risk embarrassing the company or the employee in the event they become public knowledge.

This does not prevent employees of Norcospectra from receiving or offering promotional gifts designed to retain and promote good business relationships with customers and other business partners. This subject to the condition that such gifts are modest, openly accepted and offered and otherwise compliant with this Code of Conduct. Management of respective subsidiary is responsible for preparing appropriate guidelines and routines for employees concerning representation and gifts.

Consumer Interests

When dealing with customers and end-consumers, Norcospectra acts in accordance with fair business, marketing and advertising practices. Norcospectra also ensures that provided goods or services meet all agreed and legal standards.

Competition

Norcospectra is conducting its activities according to applicable laws and regulations and also refrains from concluding unlawful anti-competitive agreements as well as exchanging unlawful price and/or market information with competitors.

Export Control

Norcospectra shall comply with all applicable rules regarding export controls, including not acting contrary to, or with persons implicated in economic sanctions.