Responsibility of managers

Managers must ensure that activities within their area of responsibility are carried out in accordance with the requirements set out in this document. Managers are responsible for communicating the requirements and for providing advice with respect to the interpretation and application of the rules. A business relationship shall only be established or amended if the relationship represents a negligible risk to our integrity.

Handling cases of doubt

If you come across cases of ethical doubts or breaches of Framo’s ethical requirements, these concerns must be reported immediately to your superior. A manager who receives such a query must consult their own superior.

Infringement

Breaches of the Framo’s ethical code or relevant statutory provisions may result in disciplinary action or dismissal and may be reported to the relevant authorities.

Ethics committee

The Management Committee constitutes ethics committee and will ensure strong focus on, common understanding of and compliance with Framo’s ethical requirements.

Enquiries from the press

In order to ensure a uniform contact with media, all enquiries regarding Framo must be
coordinated with the company President or delegated person. This applies to everybody who may make public statements.