How we apply the Code of Conduct
Perstorp’s Code of Conduct has been developed to underline the principles that direct the company’s relations with employees, business partners and other parties. It applies to all companies within Perstorp, for the company’s board, Executive Leadership Team and all employees. Perstorp also expects its suppliers, distributors and other business partners with which it has close relations, to act according to these principles.
Managers must act as role models and every employee shall be given a briefing on the Code of Conduct by their immediate manager. All employees within Perstorp must know and fully understand the content of the Code of Conduct. The Code of Conduct shall be considered as a tool and support in everyday work, and to help us to live up to our three core values: Focused Innovation, Reliability and Responsibility.
The Code is mandatory and failing to follow the principles set out in the Code may lead to disciplinary measures, including dismissal. Further, violation of law can seriously harm Perstorp, our reputation and give rise to considerable damage. Perstorp does not accept infringements and will not protect those responsible for sanctions imposed by authorities. If you become aware of any breach, raise them in a timely manner with the individual, your manager or use whistle-blowing, see further guidance in the end of the Code.
The Code of Conduct covers the areas of Perstorp’s business principles, products & sustainability, working conditions and human rights.
Perstorp’s Code of Conduct is based on the company’s three core values and has been developed in accordance with the OECD’s guidelines for multinational enterprises, the chemical industry’s Responsible Care program and the guidelines outlined in the International Labour Organization (ILO) convention. Perstorp supports the UN’s Global Compact and its ten principles as well as the 17 Sustainable Development Goals.
The Code of Conduct was adopted by the Perstorp Group’s Board on May 5, 2009 and revised and updated by the Executive Leadership Team and approved by the President & CEO on 20 April 2016.
Perstorp’s unique success molecule l Our business principles l Products & environment l Working conditions l Human rights l Responsibility & violations