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Uponor Eestis
Osmussaare 8 A3, 13811, Tallinn

Tegevusjuhend - Uponor Code of Conduct

This Code of Conduct has been approved by the Board of Directors of Uponor Corporation. It is applicable  to  all  Uponor  Group companies  worldwide  (jointly  and  severally  “Uponor”) andemployees, managers, officers  and  directors  thereof (jointly  and  severally  “Employee(s)”). Uponor’s vision, core purpose and values –   Connect, Build, Inspire –   are embedded in this Code of Conduct.

Ethics, Laws and Regulations

Uponor  shall  strive  for  long-term  business  growth  by  generating  genuine  added  value  to  its  customers. Employees shall always follow ethical and legal standards in the conduct of business. Employees shall act professionally, responsibly, honestly, and observe the highest standards of integrity. Employees shall comply with this Code of Conduct and other relevant Group Policies, Guidelines  and  Instructions,  as  well  as  all  related  policies, guidelines  and  instructions  of  the  Uponor Division in which the Employee works.

Uponor and Employees shall comply with the spirit and the letter of applicable international and national  laws  and  regulations  wherever  Uponor  conducts  its  business.  Among  these  are  laws  and regulations promoting fair competition; governing publicly traded securities; safeguarding Uponor intellectual property; addressing corporate governance; protecting individual privacy; safeguarding  against  corruption;  dealing  with  product  safety;  as  well  as  human  rights  and labour laws.

Uponor and Employees shall respect human rights defined, for example, in the United Nations’ Guiding Principles on Business and Human Rights and the Universal Declaration of Human Rights. As  a  signatory  party  to the United  Nations’  Global  Compact,  Uponor  and  all  Employees  arecommitted to supporting the Ten Principles thereof on human rights, labour, environment and anti-corruption.

Conflicts of Interest, Gifts and Bribes

Employees shall  avoid  any  conflict  between  their  interests  and  the  interests  of  Uponor.  This  includes,  but  is  not  limited  to,  giving,  soliciting  or  receiving  of  personal  gifts  or  hospitality  by  Stakeholders, other than reasonable gifts or hospitality of a minor value, on an occasional basis, in the ordinary course of Uponor’s business and as acceptable under applicable laws.

(“Stakeholders” refer to Employees, customers, suppliers, shareholders, governmental and non-governmental organisations and other parties that have a contractual relation with Uponor or may have influence over or may be influenced by Uponor.)

All  facilitation  payments  or  unofficial  benefits  to  a  public  official  or  government  to  get  an  approval or permit, or to otherwise facilitate a business transaction  or  activity,  shall  be  strictly  prohibited. Uponor prohibits all bribery and refrains from participating in any money-laundering, tax  evasion  and  financing  of  illegal  activities.  Uponor and  Employees  are  to  ensure  that  all  charity, donations  and  sponsorships  are  appropriate  and  approved  in  accordance  with  theapplicable laws and internal rules.

Uponor Confidential Information, Data and Other Assets

Uponor’s trade secrets and proprietary information are valuable business assets of Uponor and their  use  and  protection  are  of  utmost  importance.  In  particular,  trade  secrets  and  other  confidential  information  must  be  protected  by  ensuring  confidential  use  of  such  information  and,  where  appropriate,  by seeking  additional  protection  through  registration  of  intellectual  property rights.

Employees who receive or learn of any confidential information of Uponor, or of any other party having a business relationship with  Uponor,  shall keep such information confidential and may not, for other than Uponor’s acceptable business purposes or as required by applicable laws, disclose any such information to third parties (including friends and family members).

Uponor promotes openness, transparency and continuous dialogue with the Stakeholders and media. Employees  shall  follow  Uponor’s  social  media  guidelines  and  act  responsibly  in  all  communications. The protection of confidential information, rules on publicly traded securities(insider information) and competitive considerations may, however, restrict that transparency and shall be, at all times, complied with.
Uponor’s accounting data shall be accurate and reliable in all material respects. Unrecorded funds are prohibited, and the records shall be done in a timely manner. Uponor’s financial and non-financial reporting and records shall not contain any false, misleading or artificial entries or information.

Any kind of theft, fraud, embezzlement or other misuse of Uponor’s assets is prohibited. Uponor’s financial, digital and other assets shall be used in a responsible manner and for their intended and legitimate purposes. Employees shall secure and protect all Uponor’s assets, including but not limited to inventory, equipment, premises, data and intellectual property.

Environment

Uponor is committed to protecting the environment and conducting its business in a responsible and    environmentally    sustainable    way.    Uponor    expects    Employees    to    comply    with    environmental laws and regulations and to promote actions that reduce environmental impact of Uponor’s own operations and of the whole value chain.

Politics

Uponor  does  not  participate  in  politics  and  does  not  support  political  parties  or  groups  financially  or  otherwise.  Employees  participating  in  political  activities  shall  do  so  as  private  persons only and not as representatives of Uponor.

Employees

Uponor  supports  labour  rights  as  defined  by  the  International  Labour  Organization  and  the  labour/employment  laws  of  the  countries  in  which  Uponor  operates  as  well  as  upholds  the  freedom  of  association  and  the  effective  recognition  of  the  right  to  collective  bargaining. 

Should  these  rights  be  restricted  by  local  law,  Uponor  endeavours  to  offer  its  Employees  alternative means to present their views.

Uponor is a responsible employer and committed to building a welcoming and inclusive working environment   with equal   opportunities.   No   discrimination   based   on,   for   example,   race, nationality,  age,  religion,  disability,  gender,  sexual  orientation,  union  membership  or  political  activity  is  allowed.  Uponor  does  not  allow  child,  compulsory  or  forced  labour  or  engage  suppliers that do so. Uponor does not tolerate any form of harassment, abuse or bullying from or towards its Employees.

Uponor  strives  to  provide  fair  compensation  as  well  as  a  safe  and  healthy  workplace  for  all  Employees. Each Employee is responsible for complying with safety instructions, using personal protection equipment when required and reporting any shortcomings in relation to those.

Customers and Suppliers

Uponor  is  committed  to  enabling  its  customers  to succeed,  as  this  will  support  Uponor’s  own  success. Uponor strives for mutual satisfaction and good faith in all its agreements, high quality of products and services offered, fair pricing, and excellent after-sales service. Uponor shall treat all Stakeholders with the same mindset Uponor deploys when approaching its own customers.

Uponor’s suppliers are expected to meet ethical, social, environmental and quality standards set forth in Uponor’s Supplier Code(s) of Conduct.

Uponor conducts its   business according to all applicable competition/anti-trust, export control and customs laws and regulations in all its operations.

Implementation

Uponor promotes the implementation and monitoring of this Code of Conduct through efficient communication of its contents and meaning to Employees. Any questions about this Code of Conduct shall be addressed to the General Counsel of Uponor. Any suspected violations of this Code of Conduct shall be reported to one’s supervisor, the General Counsel, local or Group HRand/or  the  internal  auditor  (contact  information  to be  found  on  Uponor  Intranet)  or via anonymous internal/external reporting channel and shall be duly handled by the management.

Any  suspected  violation  shall  be  investigated  and  resolved  in  full  confidence  and  discretion. Employees are encouraged to contact their supervi  sor in case of unclear situations. Uponor shall ensure that there are no adverse work-related consequences or any form of retaliation against any individual reporting on a Code of Conduct violation in good faith.

Actions  inconsistent  with  this  Code  of  Conduct  must  be  promptly  corrected  and  they are subject to disciplinary actions, including termination of employment and payment of damages. Certain violations of criminal nature may additionally lead to criminal procedures.