SCOPE OF POLICYThe purpose of this policy is to set out clear and uniformed standards for ensuring that all
business operations are carried out in an ethical manner.
The policy applies to all employees in Glamox AS and its subsidiaries (Referred to as Glamox).
The policy also extends to suppliers, subcontractors, representatives and other contracting
parties of Glamox AS and its subsidiaries.
All parties to whom this Business Ethics applies are individually ultimately responsible for
compliance with this policy.
OBJECTIVESGlamox wants to have a positive reputation in all aspects of its business.
Glamox shall conduct its business with integrity, respecting the law, cultures, dignity and
rights of individuals in all countries where it operates.
Compliance with national, regional and international rules, laws and conventions is
mandatory in Glamox. Business ethics extend beyond simple compliance. We shall strive to
conduct our business in a way that makes people proud to work with, and for, Glamox.
We will further build our Company Social Responsibility on the UN (United Nations) Global
Compact’s 10 principles.
HUMAN RIGHTSOur business shall support and respect the protection of internationally proclaimed human
rights (Principle 1) and make sure that they are not in complicit in human rights abuses.
Any violation of basic human rights are totally unacceptable.
LABOUROur business shall support the freedom of association and effective recognition of the right
to collective bargaining. (Principle 3)
Elimination of all forms of forced and compulsory labour. (Principle 4)
Effective abolition of child labour. (Principle 5)
Elimination of discrimination in respect of employment and occupation. (Principle 6)
ENVIRONMENTOur business shall support a precautionary approach to environmental challenges.
Undertake initiatives to promote greater environmental responsibility. (Principle 8).
Encourage the development and diffusion of environmental friendly technologies.
ANTI - CORRUPTIONOur businesses shall work against corruption in all its forms including extortion and bribery.
ANTI – COMPETITIVE PRACTICESGlamox is committed to fair and open competition. Under no circumstances shall Glamox
engage in anti – competitive practices or activities in violation of anti – trust laws and
This policy has been approved by the Board of Directors of Glamox AS, March 4th 2015.