Ethical business practices

  • Competition - we are committed to free and fair competition and we will compete strongly but honestly complying with all local competition laws.

  • Bribery - we will not condone the offering or receiving of bribes or other such facilitating payments to any person or entity for the purpose of obtaining or retaining business or influencing political decisions.

  • Political donations - financial donations are not permitted to political parties within the European Union. The consent of the Chief Executive is required for any other donation to a political party.

  • Confidentiality and accuracy of information - the confidentiality of information received in the course of business will be respected and never be used for personal gain. False information will not be given in the course of commercial negotiations.

  • Conflict of interest - any personal interest, which may prejudice or might reasonably be deemed by others to prejudice, the impartiality of employees, must be formally declared to a senior manager. Examples of this include owning shares in business partners and personal or family involvement in trading contracts. All senior managers and their nominated employees are bound by The ABF Code of Conduct for Dealing in Securities.

  • Business gifts and hospitality - gifts, other than items of very small intrinsic value, are not accepted. Employees who receive hospitality must not allow themselves to reach a position whereby they might be deemed by others to have been influenced in making a business decision as a consequence. However, giving and receiving reasonable business related products, marketing materials and entertainment are permitted.

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