As a part of the Indutrade group Senmatic has approved and is committed to the Code of Conduct applying to the whole group. The Code of Conduct is incorporated in the way we handle both internal affairs and how we do business. 

The Code of Conduct is an expression of who we are and how we do business. It describes the principles that we must all understand and gives of guidance on how we are expected to behave in our daily work and in our various relationships with people in our operating environment.It also explains what you as an employee can expect from your employer.

The Code of Conduct has its starting point in the fundamental values expressed in the Global Compact’s corporate sustainability principles, the OECD Guidelines for Multinational Enterprises, and other international generally accepted norms. It does not cover all situations that may arise, nor all laws, guidelines and internal rules. In certain situations, such as in countries with weak legislation or controls, the Code of Conduct’s requirements may be stricter than local customs and practice. In such cases, we shall always abide by our own principles.

Every employee contributes to the perception of Senmatic as a reliable and accountable company that always honor its obligations. Senmatic establishes long-term business relationships as a basis for creating customer and shareholder value. We aim to interact with the environments in which we operate, with our employees, our business partners and society at large.

Responsibility and organisation
The President and CEO of Indutrade is ultimately responsible for the Code of Conduct, while ongoing responsibility for compliance and monitoring rests with the President of each subsidiary.

All employees are encouraged to report deviations from Indutrade's Code of Conduct through our whistleblower function.

• Legal compliance — Our work abides with applicable laws in the countries in which we operate.
  
  
• Ethical business practices — Our goal is to operate in an ethical manner and we shall conduct legally sound business practices in all respects.
  
  
• Meaningful stakeholder dialogue — We aim to conduct our operations through meaningful dialog with our employees, our business partners and with other stakeholders who affect, and are affected by, our operations.
  
  
• Employee responsibility — Our employees are to comply with Senmatic’s principles and to take responsibility both for their own behavior and Senmatic’s products and services.

We are committed to high standards when it comes to integrity, sustainability, and ethical business conduct. We address corporate responsibility throughout our supply chain, and we expect our suppliers and business partners to do the same. We care about our suppliers’ and business partners’ sustainability performance, and we want to develop close relationships with partners that share our approach to doing business.

This Supplier Code of Conduct reflects our ambition to work together with our suppliers and business partners to promote respect for human rights, care for the environment and ethical business conduct. We expect our suppliers and business partners to adhere to the essential and overarching principles and guidelines outlined in the Code of Conduct.

We realize that achieving a business climate where sustainability is integral to the way we do business requires a team effort. We therefore encourage our suppliers and business partners to implement these principles and guidelines in relation to their partners, suppliers and subsuppliers.