Hydrophil
Policy Statement
It is the policy of HYDROPHIL to conduct its business activities strictly in accordance with all applicable laws, rules and regulations. This refers not only to compliance with the law, but the policy is also applicable to the maintenance of business principle and business ethics.
The company´s philosophy is to foster a culture which promotes ethical behaviour and strict compliance with the law and to make every effort to prevent and detect misconduct.
- We, HYDROPHIL, refrain from engaging in any corrupt practices, such as offering, giving, receiving, or soliciting, directly or indirectly, anything of value to influence the actions of another party improperly.
- We, HYDROPHIL, refrain from engaging in any fraudulent practices, such as any act or omission, including a misrepresentation, that knowingly or recklessly misleads, or attempts to mislead, a party to obtain a financial or other benefit or to avoid an obligation.
- We, HYDROPHIL, refrain from engaging in any coercive practices, such as impairing or harming, or threatening to impair or harm, directly or indirectly, any party or the property of the party to influence the actions of a party improperly.
- We, HYDROPHIL, refrain from engaging in any collusive practices, such as an arrangement between two or more parties designed to achieve an improper purpose, including influencing the actions of another party improperly.
- We, HYDROPHIL, refrain from engaging in any obstructive practices, such as deliberately destroying, falsifying, altering or concealing of evidence material to the investigation or making false statements to investigators to materially impede an investigation.
- We, HYDROPHIL, prohibit the acceptance or payment for any gifts, entertainment and hospitality which may be deemed to improperly affect the outcome of a business transaction or otherwise result in an improper advantage.
- We, HYDROPHIL, require maintenance of accurate, detailed, and comprehensive records of all business transactions and payments.
- We, HYDROHIL, take necessary measures to prevent possible misconduct by individuals and our business partners.