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SEM AB and any of its subsidiaries and affiliates we hereby declare that we will adhere to and comply with the following principles:
We will always comply with all applicable laws and regulations of the country where we conduct our business.
We will not employ children below the age of 15 except as part of a governmental approved job training, apprenticeship or similar programs.
We will not engage or employ people against their own free will, nor will employees be required to lodge “deposits” or identity papers in connection with the employment.
We are familiar with and will recognize and adhere to SEM’s environmental requirements which are based on national laws and regulations together with ISO 14001 and 18001.
We will not directly or indirectly offer, promise, accept or receive bribes, facilitation payments or other undue advantages in the purpose to obtain advantages in business.
We will recognize and follow SEM’s regulations for hospitality, gifts and expenses. Hospitality and gifts shall be modest and infrequent. Gifts may not exceed a value of USD 50. Hospitality and gifts may under no circumstances be offered or received under or in connection with contract bidding, evaluation or award.
We do not accept any discrimination due to background like ethnic, age, gender or religion. Further, we will treat all persons with dignity and respect and they shall not be unreasonably interfered with in the conduct of their duties and responsibilities.
We will not take part in or influence or attempt to influence in any decision which can give rise to any actual or perceived conflict of interest.
We will only retain suppliers, subcontractors and other business partners that live up to the ethical standards reflected in this declaration and SEM’s Code of Conduct or other similar code of conduct that sets standards equal to SEM’s Code of Conduct and which is found satisfactory to SEM.