Code of Conduct :
A code of conduct is a set of rules outlining the social norms and rules and responsibilities of, or proper practices for, an individual, party or organization. Related concepts include ethical, honor, moral codes and religious laws.
A code of conduct is a set of Principles, values, standards, or rules of behavior that guide the decisions, procedures and systems of an organization in a way that contributes to the welfare of its key stakeholders, and respects the rights of all constituents affected by its operations.
Objectives of Code of Conduct :
The code of conduct includes detail on compliance with laws and regulations (such as harassment and discrimination on the workplace), conflicts of interest, confidentiality and security matters, fairness and equity, contact with the public and media, values of the business and guidelines on general behavior.
- Creating an agreed way of behaving and operating for the entire company;
- It guides your business policy by providing a set of corporate ethical standards.
- It helps your company encourage ethical behavior of the board, managers and employees at all levels.
- It makes ethical infringements easy to identify in your company.
- It'll help you resolve conflicts, such as conflicts of interest with your employees.
- It enhances the ethical reputation of the business.
- It specifies your business's social responsibility.
- Improved company performance when linked to the company’s business and strategic objectives;
- Good company culture – employees know what is expected of them in terms of behavior;
- Good communication with employees having a framework to look up when faced with difficult decisions;
- Having a set of values – having a sense of what the company values are and what the company stands for.
LURP SOURCING Code of Conduct - COC:
LURP SOURCING requires that all suppliers under LURP SOURCING must confirm with their proper authorization & signature and maintain below Code of Conduct for Sustainable Business.
- Corporate Social Responsibility (CSR)
- Decent Working Hour.
- Fair Remuneration.
- Freedom of Association.
- Occupational Health & Safety.
- No Child Labor.
- No Forced Labor.
- No Discrimination.
- No Precarious Employment.
- Special Protection of Young Worker.
- Ethical Business Behavior.
- Protection of Environment.
- Anti-Harassment & Anti Bribery.
- Animal Welfare.
LURP SOURCING & all suppliers under LURP SOURCING maintain the Code of Conduct and all are responsible to maintain the every points of code of conduct for sustainable business.