To realize our values, we follow these five principles.
PRINCIPLE 1.
WE COMPLY WITH LAWS AND ETHICAL STANDARDS
1-1. WE RESPECT THE DIGNITY AND DIVERSITY OF INDIVIDUALS
The Company will respect the O.N.U. Universal Human Rights Declaration, the European Council Convention of Human Rights, the labor law and all the valid laws applicable.
The Company shall treat its employees with dignity and respect and is not discriminating against on the basis of race, color, national origin, gender, age, citizenship, religion, physical disability, marital status, or any other characteristics protected by law. The Company will not engage in or tolerate inhumane treatment, abuse or sexual harassment, the use of corporal punishment, mental or physical coercion or verbal abuse of personnel and partners.
The Company will not employ underage persons as commonly defined by relevant legal stipulations.
The Company will determine conditions of compensations for personnel in a fair and non-discriminatory manner, taking into consideration relevant laws and industry standards and also with local practices. Employment, promotion and evaluation of the Company''s employees will be strictly based on performance criteria as achieving the designated objectives or field experience, professional competence and personal abilities.
The Company will ensure that all working hours of personnel will be in accordance with the specific nature of their duties and comply with relevant laws.
The Company will ensure that management will not: engage in abusive behavior; encourage or condone conduct that violates the Company''s Code of Conduct, regulations or procedures; impose non-work-related duties upon employees.
1-2. WE COMPETE IN ACCORDANCE WITH LAWS AND BUSINESS ETHICS
The Company will compete freely and fairly at all its business sites around the world, abiding by relevant international standards and national, with the laws of the host jurisdiction prevailing.
The Company will not abuse a dominant market position nor use coercion to cause inclusion of unwanted items in any sales transactions (tying).
The Company will not discuss with competitors prices, bids, customers, sales territories and conditions including price confirmation.
The Company will not permit the acceptance of money, goods or other benefits from customers or external interested parties, nor allow any improper activities that violate laws and fair trade principles.
The Company shall not illegally obtain or use competitor''s trade secrets or confidential information.
The Company shall not demand, or use coercion to obtain any advantage detrimental to the interest of customer or partner companies.
1-3. WE MAINTAIN TRANSPARENCY OF ACCOUNTS WITH ACCURATE RECORDING OF TRANSACTIONS
The Company will accurately record and manage all transactions in compliance with national accounting laws and standards, and will be subject to accounting audits by outside parties at regular intervals.
The Company will make every effort to refrain from entering into a business relationship with customers of uncertain identity, and will not participate nor cooperate with illegal, false, or irregular transactions.
The Company''s employees will cooperate with all auditors accepted by the Company with dignity and in an ethical manner.
1-4. WE DO NOT GET INVOLVED IN POLITICS AND MAINTAIN NEUTRALITY
Employees shall not attribute their personal political opinions and conduct to the Company, or support in the Company''s name any political party, take part at election campaigns or political, ethnical or religious conflicts.
The Company''s resources, including financial resources, manpower, and facilities shall not be used to further political goals.
The Company will refrain from illegal donations and improper dealings with the government.
1-5. WE PROTECT INFORMATION ON INDIVIDUALS AND BUSINESS PARTNERS
The Company and its employees will abide by the relevant laws relating to protection of the privacy of its employees'' personal and confidential information.
The Company will obtain, through normal business processes, information relating to individuals, customers, or business partners and will use such information for business purpose only.
The Company will comply with data protection standards and procedures and ensure restriction of unauthorized persons to access, use, change or delete information.
PRINCIPLE 2.
WE MAINTAIN CLEAN ORGANIZATION CULTURE
2-1. WE MAKE A STRICT DISTINCTION BETWEEN PUBLIC AND PRIVATE AFFAIRS IN OUR DUTIES
The Company will not permit any illicit activity for the pursuit of personal gain, such as irregular treatment of expenses, using one''s position for private gain, or the embezzlement of corporate assets.
The Company will not permit any activity that utilizes the Company''s image, information or goods for private gain.
All business decisions must be made and all business activities must be conducted, in the best interests of the Company. Employees should avoid any action which may involve, or may appear to involve, a conflict of interest with the Company.M
The Company will not tolerate any kind of bribe, extortion, corruption, fraud or theft. No employees may have any financial or other business relationships with suppliers, customer or competitors that might impair, or even appear to impair the independence of any judgment they may need to make in the best interests of the Company. The Company will have prevention actions in this respect by informing, awaking and periodically rotating the personespecially in the areas with high risks.
2-2. WE PROTECT AND RESPECT INTELLECTUAL PROPERTIES OF THE COMPANY AND OTHERS
The Company will ensure that its employees will not disclose OTELINOX intellectual property to third parties or use it improperly.
The Company will respect the intellectual property rights of third parties, such as patents, copyrights and trademarks, and shall not intentionally infringe or improperly use such intellectual property.
2-3. WE CREATE A SOUND ORGANIZATIONAL ATMOSPHERE BASED ON TRUST AND COOPERATION
The Company has zero tolerance for any type of behavior that may offend or cause unpleasantness to other employees. Such behavior includes, but is not limited to sexual harassment, as well as all other forms of harassment, physical assault, or any personal request or conduct that conflicts with laws, or the Company''s procedures, regulation or interests.
The Company will endeavor to maintain and develop a mutually cooperative relationship between management and employess, based on law, honesty and integrity, respect and mutual respect.
2-4. WE MAINTAIN THE DIGNITY OF OTELINOX IN OUR EXTERNAL ACTIVITIES
During the term of employment at the Company, an employee is not permitted to simultaneously maintain employment with a third party or otherwise be engaged in outside business activities, unless otherwise agreed by prior consent, when such employment or activities prevent the employee from fully performing work for which he or she is employed, including over time assignments if the case according to labor laws.
The Company will not allow its employees to act as menber of boards or be employed by companies with conflicts of interest or participate in competitive business activities.
On any decision making every employee must consider the potential Company''s reputation risks involved in the process.
PRINCIPLE 3.
WE RESPECT CUSTOMERS, SHAREHOLDERS AND EMPLOYEES
3-1. WE PUT PRIORITY ON CUSTOMER SATISFACTION IN MANAGEMENT ACTIVITIES
The Company will endeavor to reflect and give priority to the requirements and recommendations of customers for the improvement of product design, distribution and service.
Based on the belief "OTELINOX exists because of its customers" the Company will make every effort to engage with its customers in a polite and equitable manner, respecting their right to chose freel"/Files/image/principles_img2.gif" />
The Company will support continuous and creative learning and employees'' professional and personal development.
The Company will provide a healthy and safety working environment in which personal initiative, creativity and taking responsibility are encouraged.
PRINCIPLE 4.
WE CARE FOR THE ENVIRONMENT, HEALTH AND SAFETY
4-1. WE PURSUE ENVIRONMENT FRIENDLY MANAGEMENT
The company will make every effort to comply with mandatory international environmental standards, national laws and regulations relating to the environment and OTELINOX internal environmental regulations within all of its business operations.
The Company will actively attempt to minimize the generation of harmful materials, utilize resources efficiently and recycle waste products for the benefit of the environment.
The Company will do its best to conduct environmental improvement activities throughout all its processes starting to product development.
4-2. WE VALUE THE HEALTH AND SAFETY OF HUMAN BEINGS
The Company will comply with standards, related laws and regulations, and internal regulations governing the health and safety of its employees by providing safety education and training at regular intervals.
The Company will make every effort to identify and eliminate any safety hazard found at any of its business sites, and will maintain a clean and safe environment.
PRINCIPLE 5.
WE ARE SOCIALLY RESPONSIBLE CITIZENS
5-1. WE SINCERELY EXECUTE OUR BASIC RESPONSIBILITIES AS CITIZEN
The Company will endeavor to create stable employment and to faithfully fulfill its tax and other legal obligations.
Employees are encouraged to ethically and conscientiously carry out their job duties and responsibilities. By doing so, employees will assist the Company in establishing itself as a responseible and trustworthy citizen.
5-2. WE RESPECT THE SOCIAL AND CULTURAL VALUES OF LOCAL COMMUNITY
engage in abusive behavior;
encourage or condone conduct that violates the Company''s Code of Conduct, regulations or procedures;
impose non-work-related duties upon employees.
