Ethics and Anti-Bribery Policy

Introduction

Cut Edge Corrosion UK is unwavering in its commitment to upholding the highest standards of ethics and integrity in all business interactions. This Ethics and Anti-Bribery Policy outlines our expectations regarding the conduct of our employees, management, and business partners concerning ethical behaviour and compliance with anti-bribery regulations.

Scope

This policy applies to all employees, contractors, consultants, and directors of Cut Edge Corrosion UK, as well as third parties conducting business with or on behalf of Cut Edge Corrosion UK.

Policy Statement

Cut Edge Corrosion UK strictly prohibits bribery and unethical practices in any form. We conduct all business dealings transparently, honestly, and fairly. This policy provides guidance on the standards of behaviour to which everyone must adhere and outlines responsibilities for preventing, detecting, and reporting any corruption, bribery, or ethical violations.

• Compliance With Laws: Cut Edge Corrosion UK will comply with all applicable laws and regulations related to anti-bribery and anti-corruption in all the countries where we operate.

• Prohibition Of Bribery: We strictly prohibit the offering, giving, solicitation, or acceptance of any bribe, whether in cash or as another form of inducement:

  • To or from any individual or company, regardless of location, and whether they are a public official or a private entity.
  • By any employee, agent, or representative acting on the company’s behalf.
  • To gain any commercial, contractual, or regulatory advantage for the company in an unethical manner, or to secure any personal benefit, financial or otherwise, for the individual or anyone connected with the individual.

• Facilitation Payments: Facilitation payments, typically small payments made to expedite or secure routine government actions by a government official, are prohibited by Cut Edge Corrosion UK, except in situations where personal safety is at risk.

• Gifts And Hospitality: This policy does not prohibit normal and appropriate hospitality or the giving of a ceremonial gift on a festival or special occasion, provided such gifts are customary in the industry, proportionate, and properly recorded.

Responsibilities

• It is the responsibility of all employees to read, understand, and comply with this policy.
• The prevention, detection, and reporting of bribery and other forms of corruption are duties of all those working for us or under our control. All employees must avoid any activity that might lead to a breach of this policy.

Reporting Violations

Employees are required to report any suspected bribery or unethical conduct to their immediate supervisor, the Human Resources department, or through the designated reporting channels outlined in our whistleblower policy.

Training

Training on this policy is a core part of the induction process for all individuals who work for us. Regular training will be provided as necessary to ensure ongoing compliance.

Policy Review

This policy will be reviewed and assessed regularly to ensure its effectiveness and alignment with relevant legislative requirements.

Conclusion

Adherence to this policy is mandatory for all employees and representatives of Cut Edge Corrosion UK. Non-compliance can result in disciplinary action, up to and including termination of employment, and could also lead to legal consequences.