Elval, which implements more and more actions for responsible operation, proceeded to plan and implemented an important educational program about transparency, anti-corruption and corporate governance. This educational program began in 2010 by training all Elval’s executives, while the year 2014 the company’s administrative employees received the same training.
Our Code of Conduct, combined with our rules of corporate governance and our policies, provide the framework for our corporate operations. It is in line with ISO 26000 and the 10 principles of the UN Global Compact, which aims to align businesses with human rights, labour, environmental care and anti-corruption principles. The principles of our Code of Conduct are based on the OECD guideline for multinational enterprises.
Our Code of Conduct contains fundamental principles, rules and core values which form the framework for our corporate actions. This set of standards describes the behaviour we expect of our people, as well as the way we conduct our business with our partners and third parties.
Elval conducts its business in a framework of relevant laws, regulations and internal policies. However, we recognize that this may not govern all behaviour. We feel it is important for all our customers, suppliers and our own people, as well as other stakeholders, to understand exactly what we stand for and how they can expect us to conduct ourselves.
The combination of our Code of Business Conduct and Corporate Principles provide an excellent foundation for creating the trust that plays a key role in our sustainable business success.