We act as honest and independent people. The trust of our customers and suppliers in our companies is the basis for success. We are fair in our relationships with customers and suppliers and do not let our business partners down. We look forward to fair competition in our sales markets. We demonstrate responsibility by selecting our business partners carefully.
Our activities strictly conform to all applicable anti-trust laws and other laws for regulating competition:
Repute as a principled concern of integrity must not be compromised by offering bribes. In dealing with officials or with relations in private business, companies and employees must neither directly nor through middlemen offer or afford financial or other undue advantages in order to obtain new contracts, secure existing contracts or to gain an otherwise improper advantage in the business process.
Acceptance of gifts and invitations from business partners or offers of such favours undermine our credibility. Employees must therefore not offer to existing or potential business partners or accept any gifts, payments, invitations or services by which it may reasonably be assumed that these are influencing business transactions or fall outside the accepted limits of business hospitality.
Information is a valuable asset. Information that employees obtain from any source in the context of their work must be treated confidentially. We protect in-house secrets and observe the intellectual property rights of other parties. Employees must not obtain the confidential information of other parties by fraudulent means nor reveal information of this sort without authorisation.
The commitment to fairness, honesty and openness necessitates the observance of all money laundering laws. Generally speaking, money laundering exists when moneys from illicit sources are funneled into reputable financial channels in order to conceal them or to have them appear legitimate.
Product quality is the basis for high product safety. In order to maintain the good reputation of our companies, full observance of the laws and regulations on the part of the concern and its employees is counted on. We expect our colleagues to be familiar with the law insofar as it bears on their professional activities. Management is responsible for training and advising the workforce as may be required, with respect to safety procedures in particular.
Members of our association contribute to the realisation of the long-term goals of the concern by fostering economic progress and shouldering responsibility for environmental protection and social development. Future viability means that we deal with all interest groups in a socially responsible manner. Every employee is responsible for complying with laws and regulations in respect of conservation of the environment both in the literal and in the figurative sense and for protecting the environment in any surroundings whatsoever.
Basel, January 2011