ESG - Governance - Business Ethics

Business ethics is a crucial factor in establishing and maintaining trust between a company and its customers, investors, partners, and employees. Customers are increasingly inclined to support companies that demonstrate high standards of business ethics and social responsibility. As a member of society, a company has a responsibility to promote social well-being and sustainable development through business ethics. Companies that prioritize business ethics can earn public trust and support, build strong collaborative relationships, and lay a solid foundation for long-term corporate development. With the advancement of globalization, companies need to adhere to international business ethics standards to maintain competitiveness in the global market. By focusing on business ethics, companies can not only enhance their corporate social responsibility and governance standards but also maintain competitiveness and sustainable development in a complex and ever-changing business environment.

SETsafe | SETfuse ESG - Governance - Business Ethics: Principles, Characteristics, and Objectives

Principles:

Integrity and Transparency:

The company shall maintain a high degree of integrity and transparency, ensuring that all business activities can withstand scrutiny from the public and regulatory authorities.

Accountability and Responsibility:

The company shall be accountable for its decisions and actions, ensuring consistency internally and externally.

Fairness and Justice:

Upholding fairness and justice in all business transactions, treating all stakeholders equitably and impartially.

Characteristics:

Bribery, whether direct or indirect, is prohibited to secure business opportunities.

Requiring partners to comply with SETsafe | SETfuse's anti-corruption policy and constraining their behavior through agreement clauses and corresponding monitoring procedures.

Incorporated into the new employee onboarding training system, with the signing of an "Employee Integrity Self-Commitment Letter." Conducting ad-hoc self-inspections and mutual inspections, with employees completing a "Self-Discipline Self-Inspection Form."

Established an Integrity Management Committee, dedicated hotline, fax, and email address to receive complaints or reports from the public, customers, and internal staff regarding employee misconduct.

……

Reports:

For inquiries regarding relevant reports, please contact SETsafe | SETfuse: sales@SETfuse.com