Supplier Code of Conduct

Introduction

Policy in relation to expectations of suppliers / Politik om forventninger underleverandøren

English:

The Allset Industries Supplier Code of Conduct establishes mandatory standards for all suppliers and outlines the minimum expectations Allset Industries require its suppliers to meet when conducting business with the company. Allset Industries encourages its suppliers to exceed these requirements and pursue continuous improvement across all areas covered by this code.

Dansk:

Allset Industries Leverandøradfærdskodeks fastlægger obligatoriske standarder for alle leverandører og skitserer de minimumsforventninger, som Allset Industries kræver, at deres leverandører opfylder, når de handler med virksomheden. Allset Industries opfordrer sine leverandører til at overgå disse krav og stræbe efter løbende forbedringer på alle områder, der er dækket af denne kodeks.

English:

All employees are required to act in accordance with this policy.
The finance assistant responsible for sub-suppliers, is responsible to act in accordance with this document
The HSEQ Director is responsible for keeping the documents up to date.
Top management is responsible for ensuring that the policy is complied with.

Dansk:

Alle medarbejdere er forpligtet til at handle i overensstemmelse med denne politik.

Den økonomaassistent, der er ansvarlig for underleverandører, er ansvarlig for at handle i overensstemmelse med dette dokument.
HSEQ-direktøren er ansvarlig for at holde dokumenterne opdaterede.
Topledelsen er ansvarlig for at sikre, at politikken overholdes.

Definition of a Supplier:

English:

A supplier is defined as any individual or legal entity providing Allset Industries or its affiliates with services or products.
The relationship between Allset Industries and its suppliers is founded on the mutual acceptance of clearly defined, contractually appropriate interests for both parties, in adherence to the Allset Industries’ Global Code of Ethics.
This Supplier CoC embodies the requirements of the Allset Industries Global Code of Ethics and demonstrates Allset Industries’ commitment to the following principles, which it expects its suppliers to uphold as well.

Dansk:

En leverandør defineres som enhver person eller juridisk enhed, der leverer tjenester eller produkter til Allset Industries eller dets tilknyttede selskaber.
Forholdet mellem Allset Industries og dets leverandører er baseret på gensidig accept af klart definerede, kontraktmæssigt passende interesser for begge parter, i overensstemmelse med Allset Industries’ globale etiske kodeks.
Dette Leverandør CoC inkorporerer kravene i Allset Industries’ globale etiske kodeks og demonstrerer Allset Industries’ engagement i følgende principper, som virksomheden forventer, at dens leverandører også overholder.

English:

Human and labor rights

The Supplier affirms that the following principles form the foundation of all business activities and interactions with employees and business partners:
Upholding and protecting human rights.
Respecting the personality and dignity of every individual.
Promoting fair and cooperative collaboration.
Demonstrating professionalism, honesty, loyalty, personal responsibility, and integrity.
Showing respect for colleagues, stakeholders, and the environment.
Prohibiting all forms of discrimination based on ethnicity, religion, age, gender, disability, sexual orientation, ideology, or membership in political, religious, or trade-union organizations.
Rejecting unworthy working conditions, including child labor, forced labor, or compulsory labor, in accordance with local laws.
Adhering to the maximum working hours defined by applicable local regulations.
Ensuring the provision of appropriate working conditions that meet legal and ethical standards.

Dansk:

Menneske- og arbejdsmæssige rettigheder

Leverandøren bekræfter, at følgende principper udgør grundlaget for alle forretningsaktiviteter og interaktioner med medarbejdere og forretningspartnere
At opretholde og beskytte menneskerettigheder.
At respektere personligheden og værdigheden af hver enkelt person.
At fremme retfærdigt og samarbejdsvilligt samarbejde.
At udvise professionalisme, ærlighed, loyalitet, personligt ansvar og integritet.
At vise respekt for kolleger, interessenter og miljøet. At forbyde alle former for diskrimination baseret på etnicitet, religion, alder, køn, handicap, seksuel orientering, ideologi eller medlemskab af politiske, religiøse eller fagforeningsorganisationer.
At afvise uværdige arbejdsforhold, herunder børnearbejde, tvangsarbejde eller obligatorisk arbejde, i overensstemmelse med lokale love.
At overholde de maksimale arbejdstimer, der er defineret af gældende lokale regler.
At sikre passende arbejdsforhold, der opfylder juridiske og etiske standarder.
Compliance with Laws and Regulations

English:

The Supplier affirms its commitment to complying with all relevant laws and regulations applicable to its business operations. This includes adherence to national and international standards, specifically but not limited to regulations concerning:

Fair competition
Embargoes and sanctions
Anti-corruption and bribery
Legal compliance in all operations
Prevention of money laundering
The Supplier ensures that its practices align with these requirements to uphold ethical and lawful conduct in all aspects of its business.

Dansk:

Leverandøren bekræfter sit engagement i at overholde alle relevante love og regler, der gælder for dets forretningsaktiviteter. Dette inkluderer overholdelse af nationale og internationale standarder, specifikt men ikke begrænset til regler vedrørende:

Retfærdig konkurrence
Embargoer og sanktioner
Anti-korruption og bestikkelse
Juridisk overholdelse i alle operationer
Forebyggelse af hvidvaskning af penge
Leverandøren sikrer, at dets praksis er i overensstemmelse med disse krav for at opretholde etisk og lovlig adfærd i alle aspekter af dets forretning.

English:

The Supplier must ensure that any new materials, components, products, or services introduced into the supply chain are not sourced from countries subject to trade sanctions, embargoes, or bans issued by relevant authorities such as the European Union, United Nations, or national governments, unless prior written approval has been obtained from Allset Industries.

Dansk:

Leverandøren skal sikre, at nye materialer, komponenter, produkter eller tjenester, der introduceres i forsyningskæden, ikke er hentet fra lande, der er underlagt handelsrestriktioner, embargoer eller forbud udstedt af relevante myndigheder såsom Den Europæiske Union, De Forenede Nationer eller nationale regeringer, medmindre der er opnået skriftlig forhåndsgodkendelse fra Allset Industries

English:

Prevention of Corruption

Allset Industries is committed to maintaining the highest ethical standards in all its business transactions and expects the same level of integrity from its suppliers. Allset Industries has a zero-tolerance policy for any form of corruption, whether public or private, active or passive. The Supplier affirms that unethical or corrupt practices, including extortion or bribery by employees or business partners, are strictly prohibited and will not be accepted under any circumstances.

The Supplier is expected to adhere to the following principles, which align with the foundational standards of Allset Industries’ Anti-Corruption Policy and apply to all employees of Allset Industries. These principles are designed to ensure integrity and transparency in business dealings:

Gifts: Allset Industries employees are prohibited from soliciting, accepting, or offering any gifts, except for nominal, locally accepted tokens of appreciation provided during the normal course of business.

Hospitality: Allset Industries employees must not request invitations from business partners. Invitations to events or business meals may only be accepted if they are voluntarily offered, serve a legitimate business purpose, and align with standard business practices.
Travel Expenses: Business partners are not allowed to cover accommodation costs for Allset
Industries employees.

Financial Benefits: Allset Industries employees are strictly prohibited from requesting or accepting payments, loans, or any other financial benefits from suppliers, traders, or customers for personal gain.
The Supplier confirms that similar guidelines are in place and enforced for its own employees, ensuring alignment with the principles upheld by Allset Industries.

Dansk:

Forebyggelse af korruption

Allset Industries er forpligtet til at opretholde de højeste etiske standarder i alle sine forretningstransaktioner og forventer samme niveau af integritet fra sine leverandører. Allset Industries har en nultolerancepolitik over for enhver form for korruption, uanset om den er offentlig eller privat, aktiv eller passiv. Leverandøren bekræfter, at uetiske eller korrupte praksisser, herunder afpresning eller bestikkelse fra medarbejdere eller forretningspartnere, er strengt forbudt og ikke vil blive accepteret under nogen omstændigheder.

Leverandøren forventes at overholde følgende principper, som er i overensstemmelse med de grundlæggende standarder i Allset Industries’ anti-korruptionspolitik og gælder for alle medarbejdere i Allset Industries. Disse principper er designet til at sikre integritet og gennemsigtighed i forretningsforhold:

Gaver: Allset Industries-medarbejdere er forbudt at anmode om, acceptere eller tilbyde nogen gaver, bortset fra nominelle, lokalt accepterede tegn på påskønnelse givet under normale forretningsforhold.

Gæstfrihed: Allset Industries-medarbejdere må ikke anmode om invitationer fra forretningspartnere. Invitationer til begivenheder eller forretningsmåltider må kun accepteres, hvis de frivilligt tilbydes, tjener et legitimt forretningsformål og er i overensstemmelse med standard forretningspraksis.
Rejseudgifter: Forretningspartnere må ikke dække indkvarteringsomkostninger for Allset Industries-medarbejdere.

Økonomiske fordele: Allset Industries-medarbejdere er strengt forbudt at anmode om eller acceptere betalinger, lån eller andre økonomiske fordele fra leverandører, handlende eller kunder til personlig vinding.
Leverandøren bekræfter, at lignende retningslinjer er på plads og håndhæves for sine egne medarbejdere, hvilket sikrer overensstemmelse med de principper, som Allset Industries opretholder.

English:

The Supplier confirms that it takes all necessary measures to prevent situations that could result in a conflict of interest between the Supplier and Allset Industries, ensuring that such circumstances do not cause any harm or damage to Allset Industries.

Dansk:

Leverandøren bekræfter, at den tager alle nødvendige foranstaltninger for at forhindre situationer, der

kunne resultere i en interessekonflikt mellem leverandøren og Allset Industries, og sikrer, at sådanne omstændigheder ikke forårsager skade eller skade på Allset Industries.