1. what is our Code of Ethics?
The Code of Corporate Ethics is our central policy document, outlining the requirements that every single person working for and with MAQRO must comply with, regardless of location.
The Code of Corporate Ethics establishes basic principles.
MAQRO’s Code of Corporate Ethics sets the principles for how we do this by turning our vision and values into everyday behaviors.
Our Code of Corporate Ethics embodies and reinforces our commitment to integrity and helps us resolve ethics and compliance concerns consistent with our core values.
Our core values are a set of beliefs beyond compromise. Connecting with our core values is a shared responsibility.
These standards are a guide to the ethical and legal responsibilities that we share as members of the MAQRO family.
This is not a complete rulebook that addresses every ethical issue that might arise, and is not a summary of all laws and policies that apply to MAQRO business.
This Code of Corporate Ethics is designed to enhance the business reputation of MAQRO Group, to promote honest and ethical conduct of business, and to prevent abuse and violation of law.
It has been designed to help every one of us make the right decisions and remain true to our core values and business principles. These core values and principles are at the very heart of our company.
With this Code of Corporate Ethics, we have reformulated our guiding framework for the application of ethical standards such as integrity, honesty and law-abiding conduct. It is based on our vision, our mission and our corporate values.
Sets out the values guiding the Group’s conduct. States MAQRO’s business principles and commitments. Defines our expectations towards employees in their day-to-day decision-making.
This commitment is based on a fundamental belief that business should be conducted honestly, fairly and legally.
Our Code of Corporate Ethics defines clear ethical standards for MAQRO Group and spans the entire spectrum of our daily work and operations. This spectrum includes quality management, customer relationships, workplace conduct, business integrity as well as corporate responsibility. The rules and guidelines defined by the Code of Corporate Ethics provide all of us with the necessary security and orientation in our day-to-day operations.
Our Code of Corporate Ethics sets out our business principles and how every single person at MAQRO needs to apply these.
The values and principles spelled out in Our Credo serve as our compass; MAQRO Code of Corporate Ethics is the road map that helps us stay on course with those values. The Code sets basic requirements for business conduct and serves as a foundation for our Company policies, procedures and guidelines, all of which provide additional guidance on expected behaviors.
The Code of Corporate Ethics is designed to assist us in aligning our actions and decisions with our core values and compliance requirements as we pursue our MAQRO mission. It is intended to help us recognize ethics and compliance issues before they arise and to deal appropriately with those issues that do occur.
The Code is intended to set the tone for how we work at MAQRO. It is more than words written on paper. It is how we do business.
Our Code of Corporate Ethics sets the principles for how we all must act as individuals and as a company; it supports us in making the right decisions.
The Code Applies to Everyone at Maqro
This Code of Corporate Ethics applies to all MAQRO employees (including officers, senior financial officers, and employees of our international subsidiaries and affiliates), directors, and all contractors assigned at MAQRO, regardless of position, location, or level of responsibility.
This Code applies to every employee, director and officer in every MAQRO company.
All employees must understand and respect the business principles contained in our Code of Corporate Ethics.
Suppliers, contractors and business partners are expected to apply standards that are equivalent to ours, in particular towards their employees.
Our Code of Corporate Ethics is for everyone working for and with MAQRO: employees, directors, contractors, subsidiaries, joint ventures and suppliers. We expect our suppliers and business partners to uphold the same standards.
As a manager/supervisor or leader, you have a particular responsibility to lead by example and conduct our business in conformance with this Code and to live it every day.
All employees of MAQRO Family of Companies are required to comply with the Code of Corporate Ethics, Company policies and laws that govern our activities. It is the responsibility of every employee to know and follow the Code. Together with Our Credo and other Company policies, the Code helps us make the right decisions and take the right actions, regardless of where we work or the type of work we do.
When to Use the Code
Each Employee, irrespective of the positions they hold, shall answer the following questions when making decisions and before committing actions:
Is it legal?
Whether the decision/action is in compliance with the Code and the other internal documents of the Employer?
Does it serve the best the interest of SIBUR Group? Will this decision/action result in any unacceptable risk for SIBUR Group?
What will others — my superiors, colleagues or family — think about this action?
How will it be perceived, if reported by the media?
You won’t find the answer to every question here, but you will find the guidance you need to help you use good judgment in your decision-making, and you’ll find a list of resources you can tap regarding any questions or concerns. When faced with a situation that is not covered in the Code, consider your action in light of the following questions:
• Is it ethical?
• Is it legal?
Our organization brings together people from a wide range of cultural backgrounds – all with different skills and different viewpoints. The diversity of our workforce and our close relationships to customers, suppliers and numerous organizations around the world, are fundamental to our strength and success.