TATA Code of
Conduct
Tata Daewoo’s Code of Conduct
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NATIONAL INTEREST
We seek to contribute to the economic
development of the communities of
the countries and regions we operate and
avoid any project or activity that is
detrimental to the wider interests of
the communities in which we operate. -
COMPETITION
We shall not engage in any restrictive or unfair trade practices.
We support the development and operation of competitive open markets and the liberalization of trade and investment in each country and market in which we operate. -
EQUAL OPPORTUNITIES EMPLOYER
The Company shall provide equal opportunities to all its employees
for employment regardless of their race, caste, religion, color, sex etc.
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GIFT & DONATIONS
The Company and its employees shall neither receive nor offer any illegal considerations which are intended to obtain uncompetitive favors for the conduct of its business.
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COVERNMENT AGENCIES
We engage with the government and
regulators in a constructive manner
in order to promote good governance. We
conduct our interactions with them in
a manner consistent with our Code. -
POLITICAL NON-ALIGNMENT
We shall act in accordance with the
constitution and governance systems of
the countries in which we operate,
we do not undermine or alter any system
of government and shall not support any
specific political party or candidate
for political office. -
HEALTH, SAFETY & ENVIRONMENT
We shall not compromise safety in
the pursuit of commercial advantage. We
shall strive to provide a safe, healthy and
clean working environment and comply
with all applicable laws and regulations. -
QUALITY OF PRODUCTS & SERVICES
We are committed to supplying products
and services of world-class quality that
meet all applicable standards. -
CORPORATE CITIZENSHIP
We are committed to good corporate
citizenship. We shall actively support
the communities in which we operate
and encourage our workforce
to volunteer on projects that benefit
the communities in which we operate. -
COOPERATION OF TATA COMPANIES
We seek to cooperate with our group
companies, including joint ventures,
by sharing knowledge, physical resources,
human and management resources. -
THE THIRD PARTY REPRESENTATION
The Company shall not authorize any
consultant, agent or distributor to
represent it, if their business conduct and
ethics are known to be against the code. -
USE OF THE TATA BRAND
The use of Tata brand owned by Tata Sons shall be governed by manuals, codes and agreements to be issued by Tata Sons.
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GROUP POLICIES
The Company shall recommend to its Board of Directors the adoption of policies and guidelines periodically formulated by Tata Sons.
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SHAREHOLDERS
The Company shall be committed to enhance shareholder value.
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ETHICAL CONDUCT
We are committed to operating our businesses conforming to the highest moral and ethical standards. We do not tolerate bribery or corruption in any form and we shall act with professionalism, honesty and integrity, and the highest moral and ethical standards.
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REGULATORY COMPLIANCE
All employees of the Company shall in their business conduct, comply with all applicable laws and regulations of
the country both in letter and spirit. -
CONCURRENT EMPLOYMENT
An employee of the Company shall not without the prior approval of the management, accept employment with any other Company.
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CONFLICT OF INTERESTS
An employee of the Company shall not engage in any business relationship or activity which might be in conflict with the Company’s interests.
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SECURITIES TRANSACTIONS & CONFIDENTIAL INFORMATION
An employee of the Company shall
not derive any benefit or assist others
to do so from inside information possessed by him. -
PROTECTING COMPANY ASSETS
The Company’s assets shall not be misused but employed for the purpose of conducting business for which they are duly authorized.
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CITIZENSHIP
An employee of the Company in his private life shall be free to pursue an active role in civic and political affairs as long as it does not adversely affect the business of the Company.
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INTEGRITY OF DATA FURNISHIED
Every employee of the Company shall ensure the integrity of the information furnished by him/her to the Company.
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REPORTING CONCERNS
Every employee of the Company shall promptly report to the management any actual or possible violation of the Code.
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PROHIBITED DRUGS AND SUBSTANCES
Use of prohibited drugs and substances creates genuine safety and other risks at our workplaces. We do not tolerate prohibited drugs and substances from being possessed, consumed or distributed at our workplaces, or in the course of company duties.