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G. oUR VALUE-CHAIN PARTNERS

1. We shall select our suppliers and service the Code in their interactions with, and
providers fairly and transparently. on behalf of us, including respecting the
2. We seek to work with suppliers and service confidentiality of information shared
providers who can demonstrate that they with them.
share similar values. We expect them to adopt 4. We shall ensure that any gifts or hospitality
ethical standards comparable to our own. received from, or given to, our suppliers or
3. Our suppliers and service providers shall service providers comply with our company’s
represent our company only with duly gifts and hospitality policy.
authorised written permission from our 5. We respect our obligations on the use of third
company. They are expected to abide by party intellectual property and data.

Q & A

you head the procurement function in our company. you have tight budgetary constraints for
a project that you are working on. In order to complete the project within the targeted costs,
you intend to request your supplier to provide you an exceptional discount on this project
order on the understanding that you would “make it up to him” in future orders. Would you
be violating the Code?

Yes, you would. Inducement in any form, including future benefits to the supplier, could compromise
your ability to act objectively and in the best interests of the company and therefore must be avoided.

RemembeR…

Our value-chain partners would include our suppliers and service providers, distributors, sales
representatives, contractors, channel partners, consultants, intermediaries and agents; joint-venture
partners and other business associates.

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