Code of Ethics
Introduction
At NGIS, we are dedicated to conducting our business with the highest ethical standards, integrity, and transparency. This Code of Ethics and Corporate Social Responsibility (CSR) Policy outlines our commitment to preventing corruption, maintaining integrity, adhering to all applicable laws and regulations, and promoting responsible business practices.
Business Integrity
NGIS is committed to conducting its business operations with integrity, fairness, and transparency, essentially based on internationally recognized guidelines, and will comply with applicable legal, regulatory, ethical, and social requirements of the countries, regions, cities, and other jurisdictions in which it conducts business.
Prohibition of Bribery
NGIS will not tolerate any form of bribery or corruption. NGIS requires all directors, officers, and employees to comply with its group-wide Anti-bribery Policy, which includes:
- Prohibiting the offering of cash, coupons, or anything of monetary value to public employees and customers for any reason.
- Prohibiting the acceptance of cash, coupons, or anything of monetary value from suppliers for any reason.
- Subjecting gifts, meals, entertainment, travel expenses, donations, or other benefits offered to public employees and customers, or received from suppliers, to careful scrutiny under rigorous internal standards.
- Ensuring strict adherence to internal guidelines in making decisions regarding the selection and hiring of agents.
Fair Competition
NGIS will not engage in any unlawful or unethical business practices, including but not limited to:
– Prohibiting all forms of extortion and embezzlement.
– Rejecting any activity that involves, uses, or benefits anti-social forces.
– Avoiding abuse of superior bargaining position and imposing unreasonable disadvantages on supply chain partners.
– Refraining from conspiracy or collusion with competitors or any other conduct that obstructs fair and free competition.
Information Disclosure
NGIS will disclose material information regarding labor, health, safety, environmental practices, business activities, structure, financial situation, and performance according to applicable regulations and prevailing industry practices.
Intellectual Property Rights
NGIS will protect its intellectual property rights and ensure that its inventions do not infringe on the intellectual property rights of others.
Information Security
NGIS ensures the proper handling of confidential corporate data by maintaining appropriate procedures for safeguarding its information assets from unauthorized access, misuse, tampering, disclosure, or leakage. Key elements of NGIS’s information security management system include:
- – Maintenance and improvement of a security framework aimed at protecting corporate information assets.
- – Management and protection of customer/supplier data and employee personal information.
- – Compliance with privacy and information security laws and regulatory requirements when handling personal information.
Protection of Confidential Information
We shall protect all confidential and proprietary information entrusted to us by the company, employees, customers, suppliers, or any other party.
Training and Education
NGIS will provide training and educational resources to ensure that all employees and representatives understand and adhere to this Code of Ethics and Anti-Corruption Policy.
Consequences of Violations
Violations of this Code may result in disciplinary action, up to and including termination of employment or business relationships and may also lead to legal consequences.
Review and Updates
This Code of Ethics and Anti-Corruption Policy shall be regularly reviewed and updated to reflect changes in laws, regulations, and industry best practices.
Conclusion
Our commitment to ethical behavior and anti-corruption practices is fundamental to our identity as a company. By following this Code of Ethics and Corporate Social Responsibility (CSR) Policy, we contribute to the success, reputation, and sustainability of NGIS.
NGIS expects all employees, officers, and representatives to uphold these principles and values, and we thank you for your dedication to ethical conduct and anti-corruption efforts in all our business endeavors.