Supplier Code of Conduct

Our Values

At Venta Management, along with our subsidiaries, we are dedicated to achieving excellence in every aspect of our business. We uphold the highest professional standards and comply with all relevant laws, rules, and regulations. Our corporate responsibility strategy aims to positively impact society, and we expect our suppliers to uphold the same high standards. A reliable and ethical supply chain is essential for our business. Therefore, we expect our suppliers to conduct their business ethically and responsibly, with integrity, honesty, and transparency, in compliance with all applicable laws, and to apply the provision that offers the greatest protection when both laws and this code address the same subject. We require all members of our supply chain to operate in compliance with this Supplier Code of Conduct.

Principles of Supplier Conduct

1. **Anti-Discrimination**: Ensure no discrimination based on legally protected characteristics in hiring or employment practices.
2. **Anti-Harassment and Abuse**: Commit to a workplace free of harassment and abuse, upholding human rights and ensuring open communication.
3. **Underage Workers**: Employ workers who meet legal minimum working age requirements, never below 16 years old.
4. **Working Hours, Wages, and Benefits**: Set working hours and wages in compliance with laws, ensuring lawful deductions and fair compensation.
5. **Freedom of Association**: Allow workers to associate freely, form, and join organizations without interference or discrimination.
6. **Employment Status**: Employ workers with legal contracts, ensuring they are lawfully residing and working, with no forced or involuntary labor.
7. **Health and Safety**: Provide a safe work environment, maintain health and safety standards, and comply with all required permits and licenses.
8. **Whistleblowing**: Have policies for reporting workplace concerns without fear of reprisal, complying with whistleblowing laws.
9. **Prevention of Modern Slavery and Human Trafficking**: Take steps to prevent modern slavery and human trafficking in supply chains, providing relevant reports upon request.
10. **Environment**: Implement environmentally responsible practices, managing waste, and complying with environmental laws and regulations.
11. **Ethics**: Maintain ethical business practices in all operations and relationships.
12. **Compliance with Law**: Ensure business activities comply with all applicable laws and regulations.
13. **Anti-Bribery**: Prohibit corruption, bribery, and unethical practices, adhering to anti-corruption laws like the UK Bribery Act 2010.
14. **Disclosure of Information**: Accurately record and disclose business activities, employment, health, safety, and environmental practices as required by law.
15. **Competition and Anti-Trust**: Comply with competition laws, avoiding unfair practices that restrict competition.
16. **Intellectual Property Rights**: Respect and protect intellectual property rights.
17. **Information Security**: Protect confidential and proprietary information, complying with data privacy laws and maintaining robust security measures.
18. **Management Systems and CSR Responsibilities**: Maintain management systems to identify risks, promote continuous improvement, and appoint CSR representatives.
19. **Risk Assessment and Management**: Identify and mitigate operational risks, ensuring compliance with standards and allowing periodic evaluations by us.
20. **Subcontracting**: Obtain written consent for subcontracting, ensuring subcontractors comply with this code.
21. **Confidentiality**: Safeguard our information, maintaining confidentiality even after the business relationship ends.

Conclusion

This Supplier Code of Conduct aims to foster a culture of ethical and compliant business practices within our supply chain. It serves as a guide for addressing ethical and compliance issues, reinforcing the integrity, honesty, and transparency required in your operations.