Corporate policy as per IATF 16949

Corporate policy

The organization shall define and implement corporate policy. Below are the minimum three corporate responsibility policies which any company should define and implement as a part of their quality management system.

  • Anti-bribery policy
  • Ethics escalation policy
  • Employee code of conduct

Anti-bribery policy :

Anti bribery policy

The prevention, detection and reporting of bribery & other form of corruption are the responsibility of all those working for the company. Employees are required to avoid any activity that might lead to or suggest a breach of this Policy.

We commit ourselves to:

  • Ensure clean and transparent business process without bribery.
  • Not to attempt bribe the statute official.
  • Business meals or invitations to events may only be accepted, if they are an integral part of the work agenda.
  • Travel and overnight accommodations paid for by business partners are not acceptable.
  • Gift of precious metals, jewelry, gift vouchers, coins, clothing, utility items, utensils, other monetary instruments or cash are totally prohibited. Any attempt or awareness of an attempt by an individual or organization pressing for its acceptance should be immediately reported to ethics escalation team / in-charge / MD.
  • Encourage business partners to upkeep anti-bribery policy.

Ethics escalation policy (Whistle blowing policy)

Whistle blowing policy

Employees must notify his / her In-Charge or MD as soon as possible if you believe or suspect that a breach of or conflict with Policies of the company has occurred or may occur in the future. It is also called whistle blowing policy.

Escalation Procedure:

  • Escalation can be in either oral or in written form.
  • One who escalates will be known as whistle blower.
  • Whistle blower identity will be kept confidential.
  • Any misuse with ulterior motive will be prosecuted.

Employee code of conduct :

Employee code of conduct
  • Nothing is more important than public and employee safety.
  • Never report to work under the influence of alcohol.
  • If you are unable to report to work for any reason, you must contact your supervisor/in-charge before the start of your work period.
  • No form of harassment or discrimination are tolerated, regardless of the employee’s willingness to participate; such conduct can result in termination.
  • Employees who engage in acts or threats of violence may be terminated.
  • Maintain the confidentiality of information entrusted to you and our customers, except when disclosure is properly authorized or legally mandated.

See the story about Corporate Responsibility Policy as per IATF 16949 standard.

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