Following on from our Code of Business Conduct, you will find attached three new ethics procedures that will come into force on 1 April 2023. These procedures aim to reinforce our efforts to prevent ethical risks and further explain the principles of our Code of Business Conduct.
| Conflicts of interest | This procedure sets out the applicable rules for the prevention, detection and handling of conflicts of interest within Econocom. It describes the main risk situations as well as the declaration process.
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Any conflict of interest must be declared to the Ethical Committee:
ethical.committee@econocom.com
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| Employment of family members | To comply with the principles of fairness and equal opportunities in employment and career management, this procedure defines the key principles to be applied regarding the employment of family members.
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Recommending a family member for a vacancy must be done in writing, mentioning the existence of the family relationship. The employee must then not be involved in any decision concerning the employment of their relative (recruitment, career management, etc.).
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| Fair business practices
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This procedure sets out the guidelines to be followed in order to do business fairly and to comply with competition or antitrust laws. It aims to prevent breaches, particularly through negligence or lack of awareness of the rules.
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We are taking this opportunity to also send you a revised version of the Gifts and Hospitality policy (attached). This new version stipulates that we strongly advise against giving any gift or extending hospitality to a public official and it clarifies the validation threshold grid.
We are counting on you to read these documents and ensure that the new rules are correctly applied, both by you and by the persons under your responsibility.
You can find the Code and other ethics-related documents on the SharePoint Ethics Page.
For any question about ethics, don’t hesitate to write to us at ethical.committee@econocom.com