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GLOBAL STANDARDS FOR SUPPLIERS
1 /4Pages

GLOBAL STANDARDS FOR SUPPLIERS

GLOBAL STANDARDS FOR SUPPLIERS
1 /4Pages

Catalog excerpts

GLOBAL STANDARDS FOR SUPPLIERS-1

ETHICS OF BUSINESS GLOBAL STANDARDS FOR SUPPLIERS COVERIS believes in doing business with suppliers, manufacturers, contractors, partners, agents, distributors and consultants (referred to in these guidelines as « Suppliers ») who respect high standards of ethical business behaviour. The present Ethics of Business have been established to define COVERIS minimum requirements of its Suppliers. Failure to observe these Ethics of Business will result in COVERIS ceasing to do business with such Supplier. Product Quality and Safety As a major supplier of food and non-food packaging solutions, COVERIS has a fundamental responsibility to ensure that its products respects the highest standards in terms of safety and quality. Suppliers undertake to provide services/products that meet or exceed all legal and all agreed upon quality and safety standards. Any threats to product safety must be immediately reported to COVERIS. Employment Practices Treating employees with dignity and respect is a strong commitment of COVERIS. We believe in doing business with Suppliers who share this commitment and we require Suppliers to comply with all applicable employment laws and to support fundamental human rights for all. Health and safety Suppliers will operate a safe and healthy work environment for their employees. Where applicable, this also applies to housing and eating facilities. Child labour Suppliers will not employ individuals in violation of the local mandatory school age, or under the legal employment age in each country where they operate. Moreover, in no case Suppliers will employ workers under the age of 15.

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GLOBAL STANDARDS FOR SUPPLIERS-2

Compensation Suppliers will, at minimum, comply with applicable wage and hours laws and regulations, including those relating to minimum wages. Discrimination Suppliers will not discriminate based on personal characteristics or beliefs and are expected to provide equal opportunities to all. Forced labour Suppliers will not use forced or involuntary labour, whether bonded or indentured. Freedom of association and collective bargaining Suppliers will respect the right of employees to exercise their lawful rights of free association. Similarly, Suppliers will recognize the lawful rights of their...

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GLOBAL STANDARDS FOR SUPPLIERS-3

HIGH PERFORMANCE PACKAGING COVERIS strictly abide by all local laws and applicable European Union laws and requires Suppliers to act in a similar way. Suppliers may not pay bribes or engage in corrupt practices in order to advance COVERIS’ business interests. This include, directly or indirectly, offering, promising to pay or authorizing the payment of money or anything of value to any third party for the purpose of influencing the acts or decisions of local officials. Gifts, Favours and Entertainment Gifts, favours and entertainment are not needed to do business with COVERIS, and may lead, or...

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GLOBAL STANDARDS FOR SUPPLIERS-4

Fair Competition and Anti-trust COVERIS believes in free and open competition, and fully complies with the European Union competition laws. Suppliers are requested to comply with all applicable local and international regulations regarding fair competition and antitrust. Accuracy of Business Records Suppliers must record and report information accurately, honestly, on a timely manner and must not hide, fail to record or make false entries into financial books. General Legal requirements Suppliers will comply with all applicable laws and regulations to which they are subject. Communication Suppliers...

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*Prices are pre-tax. They exclude delivery charges and customs duties and do not include additional charges for installation or activation options. Prices are indicative only and may vary by country, with changes to the cost of raw materials and exchange rates.