Why & Who

Why & Who

WHY do we have a code of conduct? And WHO is covered?


  • 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 within the Indutrade Group.

  • 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.


  • The Code of Conduct applies for all employees in the Indutrade Group, in all countries. We all have a responsibility to ensure that the Code’s fundamental principles are upheld and concretised in the operations that we represent as individuals. Persons in management positions have a special responsibility to set a good example and support their employees in acting in accordance with the Code of Conduct. In addition, managers shall be available for persons who have ethical questions, or who want to report a deviation from the Code.

  • Additionally, every subsidiary shall consider if there are other actors in the company’s sphere or value chain who should be subject to the Code of Conduct, such as vendors, subcontractors, contractors or agents. We shall work with vendors and customers who share the values set forth in Senmatic's / Indutrade’s Code of Conduct. All employees are urged to report any deviations from the Code of Conduct.
Read more about other issues related to the Code of Conduct:
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