Ethical guidelines

The Code of Conduct describes the general ethical principles for governance of Wear Solutions including supplier interactions, and the conduct expected of employees, partners (including agents and contracted personnel) and supplier.

The Code of Conduct shall support and guide the companies in which Wear Solutions has a considerable share, and employees, partners and suppliers in carrying out their tasks and responsibilities and decision making to ensure these activities are carried out in an ethically responsible manner and in line with the standards set by Wear Solutions.

Scope

The Code of Conduct provides general guidelines for all employees in Wear Solutions.

The operations of Wear Solutions shall adhere to the same ethical standards across all locations world-wide. At the same time, employees must ensure that the operations are run according to the laws and regulations of the location where Wear Solutions is present.

If there are any doubts whether a specific activity is legally or ethically legitimate, seek your closest senior or supervisor.

“Expanded guidelines for anti-corruption and handling of corruption risk” have been compiled – these are a part of the Code of Conduct and describe the challenges on how to avoid corruption in further detail.

Responsibility

The CEO in Wear Solutions is responsible for defining, implementing and compliance of the Code of Conduct in Wear Solutions.

All managers are responsible for making sure all employees have read the Code of Conduct as well as for making sure the Code of Conduct is implemented in practice.

All employees shall at all times consider their actions according to the Code of Conduct. If there are any doubts whether an action is in compliance with the Code of Conduct, the employee must refrain from undertaking such action before discussing the matter at hand with their immediate senior or supervisor. Contact information to Supervisors in Wear Solutions.

All employees have an independent responsibility to voice concerns about potential breaches of conduct or ethical guidelines that have come to their attention through their work or at the workplace.

Breach of conduct will not be tolerated, and may lead to internal sanctions, dismissal or legal action.

Whistleblowing and notification about potential misconduct

Wear Solutions expects all employees to actively support the company’s ethical guidelines towards colleagues, partners, suppliers and civil society.

It is expected that employees give notice about breaches of conduct, as is also expected with breach of laws and regulations, other legally defined impositions or prohibitions, or other defined instructions or guidelines.

As a general rule these circumstances should be reported to your immediate superior. If this is not appropriate, the report should be made to other superiors or Supervisor.

Harassment or retaliation towards anyone that raises ethical concerns to their superior or Supervisor is considered breach of conduct.

Working environment, equal opportunity and personal conduct

The working environment shall be characterized by equality, openness, and tolerance. Our conduct shall be based on respect for human rights. Other cultures and traditions shall be respected.

Wear Solutions shall be characterized by equal opportunities and fair treatment of employees.

Wear Solutions does not accept harassment or discrimination on the basis of gender, religion, race, national or ethnic origin, cultural background, social affiliation, disability, sexual orientation, marital status, age or political conviction.

Wear Solutions is a drug-free working environment. This means that employees shall not be under the inebriation of drugs as long as they are at work for Wear Solutions. Limited amounts of alcohol can be served in connection with events and representation, given that the intake is not combined with operating machinery, driving or other risk-related circumstances.

Conflict of interest, integrity and qualifications

Employees shall not seek benefits for themselves or others, which are inappropriate or that in any other way can harm Wear Solutions reputation and interests.

Bribery, gifts, benefits and corruption

Illegal or illegitimate economic gifts or other inappropriate benefits with the goal of professional favors shall never be offered to anyone.

Gifts or other services of a personal character that can serve to weaken the integrity of the receiver or give impression of such weakened integrity, to damage him/her or Wear Solutions must not be accepted.

Gifts, hospitality, covered expenses and other similar gains to or from business connections or potential business connections shall always be in compliance with normal and suitable local customs and shall in all circumstances be moderate in consideration to value and frequency.

Gifts, hospitality, covered expenses or other similar gains shall always be given or received in an open and transparent manner, and in such a way that they will withstand public scrutiny.

Travels, accommodation and/or courses by invitation of a supplier shall be approved by superiors based on strict criteria for content and usefulness. Such travels shall normally be paid for by Wear Solutions.

In the “Expanded guidelines for anti-corruption and handling of corruption risk”, which is a part of the ethical guidelines, the aforementioned circumstances are further described. Relation to employer

Employees must not enrich themselves from the company’s material or immaterial valuables, such as assets, discretional knowledge, methods, concepts or ideas.

Relation to business connections

Employees must not perform actions that can set them in a relationship to the company’s clients, suppliers or other connections that may hinder objective behavior. Suppliers shall be given fair and unbiased treatment.

Employees must not take advantage of their positions to gain unusual benefits in their contact with the company’s business connections. Employees shall not perform or contribute to breaches of competitive guidelines or other conduct in conflict with current competition law.

Conflict of interest

If personal interests can affect the decision in a matter, or it may appear so to others, the case shall be put forward to their superior or Supervisor. Employees shall inform their superior or Supervisor of actual or potential conflict of interest, like ownership, family relations, close friendships and similar conditions to business related cases and circumstances.

Confidential information

If an employee is made aware of proprietary information, trade secrets or other information of a confidential nature, they must not bring this information to the attention of a third party without the consent of Wear Solutions, neither must they use this information for any other purpose than fulfilling their tasks in Wear Solutions.

Health, Safety and Environment

Wear Solutions has established a systematic HSE-work and actively work to improve the level of HSE. HSE is a recurring theme in all board meetings where we, amongst other things, focus on leaves of absence, reported incidents and injuries as well as near-miss incidents and the steps taken by the companies to follow-up.

The company’s operations shall not harm people, lead to loss of material values or unintended spills to soil, air or water.

Protection of the indoor and outdoor environment shall be in terms of society’s standards and regulations, and the company shall actively work to mitigate and reduce spills and leakages.

WearSolutions shall be characterized by continuous work to improve health, safety and environment in its surroundings and in its deliveries.