Decision-making Based on Employee Code of Conduct

At Itella Group we comply with responsible and ethical practices and procedures, described on a general level in the Itella Corporate Responsibility Principles and more specifically in this Code of Conduct drawn up for our personnel.

Shared, ethically acceptable procedures and practices reinforce the reliability of the operations of Itella Group and promote the transparency of operations in relation to all of our stakeholders – customers, our personnel, owner, and the surrounding society as a whole.

1. Complying with laws and regulations

We comply with all applicable laws and official regulations and instructions in all operations of Itella Group. We respect the norms and legal procedures of different cultures wherever we operate. In incidents and situations demanding interpretation we obtain advice from experts to establish the correct practice or procedure. If local customs, laws, or regulations depart from this Code of Conduct, we comply with the stricter of these.

2. Business and Procedural principles

We comply with legal and fair principles regarding Itella’s business and promote openness and transparency. All of our activities comply with the shared values of Itella and we hold our commitment toward customers and other stakeholders in respect. We retain the confidentiality of the trade secrets of Itella and its business partners. Itella’s communications principles are based on openness, reliability and timeliness. We develop active interaction with all our stakeholders. We are committed to the Global Compact principles of the United Nations concerning, among others issues, fundamental rights of labor, environmental protection, the eradication of corruption, and human rights.

3. Working

In our work we comply with the instructions provided and, for our part, maintain a functional, open, and safe working environment and promote well-being at work. We value each other and will treat everyone non-discriminately regardless of race, religion, gender, political opinions, age, nationality, sexual orientation, civil status, or disability. We always work according to Itella's corporate security guidelines and report on any deficiencies observed in industrial safety. We also respect each other’s privacy and the confidentiality of personal information. At Itella, we comply with good management practices and develop supervisory skills continuously. 

4. Conflicts of interest

We refrain from business relations which may create a conflict of interest between Itella and a third party. We agree to avoid such personal or financial engagements which may bring about a conflict with our obligations towards Itella.

5. Unethical commercial practices and procedures, bribery

We do not employ illegal or irregular or unethical commercial practices or procedures.  We do not pay bribes or give any other unlawful financial benefits to any authorities, customers, or other parties under any circumstances. We do not give nor receive bribes or gifts or services which exceed normal and conventional hospitality or which are subject to more specific instructions. In unclear situations, we find out the Group-approved practice beforehand.

6. The environment

Itella Group is committed to reducing the environmental impact of its operations. In practice, environmental responsibility translates into an awareness and reduction of the environmental impact of one’s own activities. We promote the realization of Itella’s environmental goals in our daily work by complying with the provided environmental rules and recommendations on, for instance, recycling, energy conservation, and economical driving, and with other operational instructions involving equivalent matters.

7. Instructions in practice

The Employee Code of Conduct concerns every individual who is employed by Itella Group. The instructions are implemented in all Group companies with decisions adopted by their respective boards. Following the adoption of the instructions each Group company ensures that every employee is familiar with this Employee Code of Conduct and complies with it in all their activities.

 

The Group maintains a system which enables employees to report any activity that contradicts laws or this Code of Conduct.



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