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Code of Conduct for Business Partners

In this Busspart Code of Conduct for Business Partners, Busspart defines its requirements and principles for business dealings with its partners. These principles focus on compliance with ethical standards, applicable laws, and integrity. Business partners include all companies that supply goods or maintain a business relationship with Busspart. Busspart expects its partners to implement these principles throughout their organizations.


General Principles

Busspart is committed to fostering business partnerships based on honesty, responsibility, and fair play. This ensures mutual benefits in a business environment grounded in sustainable and sound values.

We expect our business partners to adhere to applicable laws, such as those relating to human rights, anti-corruption, data protection, competition, and antitrust. Furthermore, our partners should promote compliance with these principles among their own business partners.


Social Responsibility of Business Partners

Busspart recognizes the importance of social responsibility for long-term success and expects its business partners to align their conduct with the following principles:

Safety

The safety of people is a top priority. Business partners must have procedures to ensure compliance with applicable safety laws and foster a safe working environment for employees and management. This commitment also extends to their products and services.

Environmental Protection

Business partners must comply with environmental standards and act responsibly and sustainably to protect the environment.

Data Protection

To protect employees, partners, and customers, business partners must adhere to applicable laws governing personal data protection.

Human Rights

Business partners must respect all universally recognized human rights.

Child Labour

Busspart strongly opposes any form of child labour. Business partners must comply with established regulations and laws on this matter.


Ethical Conduct

Fair Competition

Busspart promotes fair play in the marketplace. Business partners are expected to comply with relevant competition and cartel laws.

Anti-Corruption

Busspart rejects any form of corruption or unfair business practices. Transparency and openness are key to maintaining credibility, respect, and trustful business relations.

Gifts

Business partners must refrain from accepting or giving gifts or invitations that may be perceived as inappropriate or an unfair advantage. Integrity and independence must always be prioritized.

Money Laundering

Business partners must actively prevent money laundering within their organizations and take necessary measures to address it.

Bribery and Corruption

Bribery or any form of corruption is strictly prohibited.


Compliance with the Code of Conduct

Implementation

Business partners are responsible for ensuring compliance with the principles outlined in this Code of Conduct.

Reporting Violations

Any crimes or violations of this Code of Conduct must be reported to Busspart without delay.

Whistle-Blower Protection

Busspart encourages a culture of transparency and development. Business partners must not discriminate against individuals who report irregularities or violations of this Code.


Consequences of Non-Compliance

Busspart takes great pride in the principles outlined in this Code of Conduct. Violations will result in consequences:

  • Minor Violations: The business partner will be given an opportunity to address and correct the issue within a specified timeframe.
  • Serious Violations: For severe breaches, particularly those involving criminal activity, Busspart reserves the right to impose sanctions, including immediate termination of the business relationship or agreement.

This Code of Conduct serves as the foundation for Busspart’s commitment to ethical and sustainable business practices.

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