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SUPPLIER CODE OF CONDUCT
1. Introduction
At Bufab AB (publ), including its subsidiaries, (”Bufab”), we are committed to
operational excellence, ethical and responsible conduct, fair and respectful treatment of
all individuals, and practices that promote safety, health and environmental protection.
Bufab´s business is based on close, long-term relationships with customers, suppliers
and other business partners. With this Supplier Code of Conduct, we communicate to
our suppliers that we expect them to operate as Bufab; in accordance with
internationally recognized standards on Human Rights, Labour Rights, Environment
and Anti-corruption.
The Bufab Supplier Code of Conduct or equal requirements must be communicated to
all of the suppliers 1st tier sub-suppliers providing products or material to Bufab.
2. General Principles
Comply with the laws and regulations in each country in which the supplier
operates
Where there are differences between the provisions of this Supplier Code of Conduct
and national laws or other applicable standards, suppliers shall adhere to the higher or
more stringent requirements.
Demonstrate and promote its commitment to responsible business practice in
policies, decisions and activities
Supplier shall upon request by Bufab, provide evidence of its compliance with the
obligations set out in this Supplier Code of Conduct.
Fair competition
Bufab respects and is committed to the rules governing free and fair competition and to
comply with applicable antitrust and other laws regulating competition. Our suppliers
shall equally commit to competing in a fair manner in compliance with all applicable
competition laws and regulations.
When conducting business with Bufab, our suppliers shall deal fairly with all individuals
and entities with whom they interact and shall not take advantage of anyone through
manipulation, concealment, abuse of privileged information, misrepresentation of
material acts, or any other unfair dealing or practice.
Our suppliers shall not engage in collusive binding, price fixing, price discrimination or
other unfair trade practices in violation applicable antitrust and other laws regulation
competition
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Confidentiality
Our suppliers shall not disclose nor use for their own purposes of any other Bufab trade
secrets, confidential information, knowledge, designs, data, skill, or any other
information considered by Bufab as sensitive information.
Our suppliers shall respect the intellectual property rights of Bufab and of others,
observe and respect all patents, trademarks, and copyrights, and comply with all
requirements and terms of their use.
3. Anti – corruption
Suppliers that Bufab makes business with must not use illegal payments, bribes,
kickbacks or other questionable inducements to influence any business transaction.
Bufab specifically prohibits bribery by any of its employees or agents. A practice that
conflicts with this policy might be considered acceptable in a particular country,
however it is not acceptable for Bufab.
4. Principles of Human rights and social justice
Suppliers must support and respect the protection of internationally proclaimed human
rights and make sure that they are not complicit in human rights abuses.
Non-discrimination
All employees of the supplier shall have equal opportunities based on competencies,
experience and performance regardless of gender, race, religion, age, disability, sexual
orientation, nationality, political opinion, union affiliation, social background or ethnic
origin. All employees should be treated with respect. Discrimination, physical or verbal
harassment, or any illegal threats are not tolerated.
Forced labor
Supplier will not engage in or support forced, bonded or compulsory labor, nor shall the
Supplier require any form of deposit or confiscate identification papers from employees.
Child labor
Bufab respects the children´s right to development and education. Suppliers must not
engage in child labor. The supplier shall ensure that no employee is younger than the
legally fixed age for employment. Minimum age is the age for completion of compulsory
schooling, but not younger than 15 years, or not younger than 14 years, in countries
where the education system is inadequate developed. The supplier should abide by the
United Nations Convention on the Rights of the Child (1989) and comply with all
relevant national and international laws, regulations and provisions applicable in their
country of production or operations.
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Freedom of association
Suppliers must respect the right of employees to join any organized associations of
their own choosing and to bargain collectively as permitted by local laws and
regulations. Suppliers shall respect the recognized unions. The supplier should also
equally respect an employee´s right to refrain from joining a union.
Working hours and compensation
Suppliers shall comply with applicable laws, agreements and industry standards on
working hours and compensation.
5. Health and Safety
Suppliers to Bufab shall safeguard a healthy and safe working environment for all
employees, in accordance with international standards and national legislation. Where
the supplier provides its employees with accommodation such facilities must as a
minimum be clean, safe and meet the employees' basic needs.
A supplier must establish organizational structures and procedures for the effective
management of health, safety and environmental risks. Appropriate information and
training on health and safety should also be offered to the employees.
6. Environment
A supplier should take preventive measures in relation to environmental challenges,
undertake initiatives to promote greater environmental responsibility and encourage the
development and diffusion of environmentally friendly technologies. A suppliers´
actions should be based on the relevant national and international laws, regulations
and standards in respect to environment. Supplier shall minimize its environmental
impact and continuously improve its environmental performance.
7. Material compliance & Conflict minerals
At Bufab, we are determined to comply with regulatory and customer requirements
regarding the prohibition and restriction of substances, including hazardous substances
and conflict minerals. Therefore, suppliers shall ensure that the goods provided to
Bufab are in compliance with requirements covered under the scope of all relevant
regulations. The latest version of Bufab’s directive regarding banned and restricted
substances can be found at:
https://www.bufab.com/sustainability/rohs-and-reach
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Supplier warrants that all the products and components provided to Bufab do not
directly or indirectly contain Conflict Minerals, as defined by the United States Dodd
Frank Act, Section 1502. Bufab requires manufacturing companies to identify and
disclose the source of 3TG minerals (tin, tantalum, tungsten and gold) used in products
supplied to Bufab upon request.
8. Auditing & Reporting
Bufab reserves the right to actively verify and audit the suppliers´ compliance with
Bufab Supplier Code of Conduct without announcement on premises. These audits
may be performed either by Bufab employees or by a third party auditor assigned by
Bufab.
If Bufab finds that the Supplier is not meeting the requirements and expectations set
out in this CoC, Bufab will offer guidance specifying which issues need to be corrected
promptly. Bufab nevertheless reserves the right to cancel outstanding orders, suspend
future orders or terminate the contract with the Suppliers in case of a material breach of
this CoC.
The latest version of this document is always posted on www.bufab.com and it is the
responsibility of the supplier to stay updated of any changes.
https://www.bufab.com/about-us-2/for-suppliers/supplier-code-of-conduct
In case of any discrepancy or inconsistency between the English version and the local
version, the English version shall always prevail.
9. Reporting of violations
Any violations of the principles set forth in this Code of Conduct shall promptly be
reported to Bufab. Violations can be reported to your Bufab contact or Bufab
“Compliance Line” at
[email protected]
https://www.bufab.com/about-us-2/for-suppliers/supplier-code-of-conduct