Aluvesto Code of Conduct

Values - the foundation for our conduct

Aluvesto is a company guided by its values, with the aim to enable all the decisions and actions of employees to be in accordance with our shared values. Since our business partners are an important part of our operations, we also expect them to respect and stand by our values. In this way, our values act as guiding principles for both employees and business partners, navigating us all in our daily operations.

Our Code of Conduct provides us with a framework for our actions based on our values and our Clients initiatives we have adopted. These initiatives set out principles for addressing human rights, work methods, the environment and corruption.

Honesty
  • We strive for conformity of one’s actions with one’s words
  • We conduct business in a correct and responsible manner
Respect
  • We value diversity and treat others respectfully
  • We cooperate, value the opinion of others and we stand behind our decisions
  • We use all our resources with care
Trust
  • We trust each other, say what we mean and do what we say
  • We have the courage to be forth right and clear
  • We honor our commitments and strive for high standards of quality, ethics and sustainability
Proactive spirit
  • We take the initiative and work proactively and energetically
  • We have the courage to try new ways of thinking and working

Business Ethics

At Aluvesto, we strive to achieve long-term business relationships as a basis for generating customer value, shareholder value and secure workplaces that promote development. We achieve this through our actions – demonstrating to our customers and other stakeholders that we are a reliable and honest company that always meets its commitments.

That is why it is equally important to communicate our Code of Conduct as a natural part of cooperation with business partners and other third parties.

Laws, regulations and international conventions

Aluvesto complies with laws and international conventions with no exeptions. This means that we always respect and comply with the legislation and regulations relevant to our operations. We expect all employees to be aware of the laws and regulations that apply to their specific function or role.

Business relations

At Aluvesto, we are honest and open in our relationships with business partners and third parties, and we expect our business partners and their suppliers to behave in the same way. We honor our commitments and respect the agreements we have entered into. We expect our business partners to communicate our values, or if their own values are similar, throughout the supply chain.

Anti-bribery and anti-corruption

At Aluvesto, we are committed to securing business solely on the merits and integrity of our products, services and people. We do not tolerate bribery or corruption. We will not give or offer anything of value to a company representative to influence a discretionary decision.

Competition Law

Aluvesto competes forcefully in the marketplace to meet our customers’ needs. We do not enter into agreements or engage in activities that restrict competition. For example, we do not permit any form of anti-competitive behavior such as pricing collaboration, cartel building or abuse of its market dominance. We support appropriate and unrestricted competition with regard to bids, tenders, procurement and purchasing in all phases of its operations.

Anti-Money laundering

Aluvesto will follow the laws that apply to prevent money laundering to occur. Money laundering is various types of arrangements to conceal criminal activity or present them as legitimate with regard to making criminal payment of money become legitimate.

Information and social media

Only explicitly authorized persons are allowed to speak on behalf of Aluvesto. As Aluvesto employees, we are all aware of the clear distinction between our own personal views and views that represent an official Aluvesto company position or Aluvesto´s views. We are careful not to disclose confidential information belonging to Aluvesto or others, except to those who have a legitimate need to know and who are authorized to access the information.

Privacy

Aluvesto only collects and processes the personal information of consumers, employees and third parties in compliance with applicable privacy laws and relevant Aluvesto policies. Confidential employee information is maintained securely and, unless required by law, may only be disclosed to individuals with proper authorization to receive such information.

Human Rights

At Aluvesto we support and respect international conventions concerning human rights and promote diversity and equality. Equal treatment and equal opportunities apply to everyone irrespective of gender, transgender identity and expression, sexual orientation, ethnical background, religious beliefs, disability or age.

Harassment and forced labor

At Aluvesto, we do not accept any form of psychological or physical punishment, threat of punishment, discrimination in connection with employment opportunities or work, bullying at the workplace, sexual or other types of harassment, forced labor or other types of involuntary work. Aluvesto and our business partners must ensure that employees are not obliged to work more than the standard number of hours per week, although overtime may be acceptable.

Honoring obligations

At Aluvesto, we respect and honor our obligations to employees with regard to national laws and agreements on social security, work conditions and collective bargaining. Pay and other benefits must comply with national laws, applicable agreements and the generally accepted standard for the industry.
Aluvesto and our partners must ensure that all work is performed under recognized and documented employment conditions that comply with the national legislation in the country where the work is being carried out. Optimal work safety arrangements must be ensured at all times.

Child labor

At Aluvesto, we do not tolerate child labor. All Aluvesto employees must be at least 16 years of age.

Freedom of association

At Aluvesto, we respect the rights of all employees to organize themselves in voluntary employee organizations and to negotiate collectively. Employee representatives must have the opportunity to perform their duties.

Occupational Health and Safety

Anyone who works for or cooperates with, or supplies goods or services to Aluvesto must be able to do so in a safe and risk-aware manner. We want to create workplaces and products that are as safe and secure as possible for our employees, in-sourced workers, suppliers, customers and other stakeholders.

While managers and supervisors are responsible for leading efforts to improve the work environment, every individual should be aware of and comply with applicable regulations and policies, and play an active part in improving the work environment. At Aluvesto, we also value a healthy life-work balance and work actively to help employees achieve this.

Anyone who works for or cooperates with, or supplies goods or services to Aluvesto must be able to do so in a safe and risk-aware manner. We want to create workplaces and products that are as safe and secure as possible for our employees, in-sourced workers, suppliers, customers and other stakeholders.

While managers and supervisors are responsible for leading efforts to improve the work environment, every individual should be aware of and comply with applicable regulations and policies, and play an active part in improving the work environment. At Aluvesto, we also value a healthy life-work balance and work actively to help employees achieve this.

Environmental Responsibility

Our responsibility for the environment means always complying with environmental legislation in the markets where we are active, as well as seeking to develop more energy-efficient, climate-adapted and resource-efficient products and services throughout the product lifecycle. Before and during our projects, we work with our customers, suppliers and partners to develop superior sustainable solutions.

In all of our products and operations, we also aim to reduce the use of harmful substances, ensure that waste is handled in a safe and environmentally friendly manner and contribute to increased resource efficiency, a gradual fossil independence and circular flows.

When selecting suppliers, we prioritize suppliers that are proactive and systematic in their work relating to social responsibility, the environment, quality and occupational health and safety.

To ensure compliance we hire third-party audits conducted by consultants and we are audited by our Clients.

Compliance and Reporting

Compliance with the Code of Conduct is a requirement throughout Aluvesto: from the Executive Management Team via managers at all levels to the individual employee.

Within their specific area of responsibility, all managers have an obligation to ensure that employees and business partners are given information about the contents of the Code of Conduct and our requirement for compliance with this. Aluvesto managers must set a good example at all times.

Reporting

This Code of Conduct has been adopted by Aluvesto Employees, and the company monitors compliance with the Code on an ongoing basis as a natural part of its operations.

If any employee is uncertain about how to act, leaders are available for consultation. Employees are obliged to report any breaches of the Code of Conduct of which they become aware. All reports are taken seriously and are investigated. All reports are treated in confidence, and Aluvesto will not tolerate any form of retaliation against employees for making “good faith” reports of violations of the Code of Conduct or relevant laws.

Aluvesto employees found to be in breach of the Code of Conduct will be subject to disciplinary measures. We will also take action against business partners found to be in breach of our guidelines, and the relationship will be terminated in the event of repeated or serious breaches.