Specma CR – our Code of Responsible Business
The Specma code of responsible business defines our responsibility towards our customers, our employees, our shareholders, our business partners and towards society as a whole. It is to be seen as a guide to how we form good relations and conduct our business.
HydraSpecma CR Policy
HydraSpecma strives to be among the best in creating value in a proper and trustworthy manner by committing ourselves and our businesses to take responsibility and operate sustainably, while creating a motivating working environment. HydraSpecma’s CR policies lay the foundation for a common approach among our employees regarding our values and our ambition to work sustainably and responsibly. The policies describe guiding principles, and expectations we have for each other, and summarise our approach as employees and employer. The policies are built on the ten principles of the UN Global Compact.
1. HUMAN RIGHTS
HydraSpecma has operations in various countries around the globe. Regardless of country, we are committed to upholding human rights and to treating our employees with dignity and respect. We support and respect the protection of internationally proclaimed human rights as stated in the Universal Declaration of Human Rights and the ILO conventions and recommendations.
- Diversity and non-discrimination:
We will not tolerate any discrimination or harassment based on religion, race, colour, gender, disabilities, age, sexual orientation, political orientation or any other kind of harassment.
2. SOCIAL AND LABOUR CONDITIONS
At HydraSpecma, we believe that results are created by people. We are committed to being a responsible employer ensuring proper terms of employment, appropriate health and safety standards and a motivating working environment for our employees.
- Child labour:
We will not tolerate the use of child labour. We will not employ anyone who is under the age of 15 or who is subject to compulsory school attendance. However, in countries where permitted by local laws, children between 13 and 15 of age may perform a few hours of light work ( simple, limited tasks under adequate adult supervision ) or may work as part of an educational program or during school holidays. Such employment must not affect the child’s primary education or imply a risk to its health or physical / psychological development. Children and young persons under the age of 18 may not be engaged in night work or work under conditions which compromise their health, safety or moral integrity and / or which harm their physical, mental, spiritual, moral or social development.
- Forced labour:
We will not use any form of forced or involuntary labour. No form of forced labour or work linked to any form of duress or threat of punishment will be permitted, and employees have the right to terminate their employment at a reasonable notice.
- Health and safety:
We are committed to providing a safe and healthy working environment. We take the necessary precautions to prevent potential accidents and injury to our workers’ health arising from, associated with, or occurring in the course of work, by minimizing, so far as is reasonably practicable, the causes of hazards inherent in the workplace environment, and bearing in mind the prevailing knowledge of the industry and of any specific hazards.
- Freedom of association and collective bargaining:
We respect our employees’ right to associate freely, form or join organisations of their choosing and to bargain collectively.
- Hours, wages and leave:
We are committed to assuring full compliance with applicable laws, regulations and relevant collective agreements concerning working hours and overtime, leave and minimum rest periods. Workweeks are not to exceed the maximum set by local law.
3. ANTI-CORRUPTION AND BUSINESS ETHICS
HydraSpecma has built a reputation of operating with high standards of integrity and work ethics. We will work against corruption in all its forms, including bribery and facilitation payments.
- Employee training:
We strive to ensure that relevant employee groups are trained in business ethics on a regular basis.
- Entertainment and gifts:
We will not accept payment, gifts or other types of compensation from third parties that could influence or call into question our impartiality in business decisions.
All laws and regulations must be complied with to prevent bribery and corruption. We will not ( directly or indirectly ) offer, provide or accept any form of inappropriate benefit or bribe to / from guests, suppliers, public officials or others.
4. ENVIRONMENT AND CLIMATE
To a high extent, the businesses of Schouw & Co. operate with large scale processing of raw material, and we acknowledge the impact our production has on the environment. Our CR approach towards the environment and climate goes together with proper business acumen. We strive to protect the environment and to continuously reduce emissions relative to output.
Our objectives are to :
- reduce the total environmental impact in our value chain relative to output
- reduce energy consumption and CO2 emissions relative to output
- reduce water consumption relative to output
- enhance material utilisation efficiency
- reduce waste and increase recycling relative to output.
HydraSpecma Code of Conduct
The HydraSpecma code of conduct defines our responsibility towards our customers, our employees, our shareholders, our business partners and towards society. It is to be seen as a guide to how we form good relations and conduct our business.
HydraSpecma acts fairly, responsibly and with integrity towards customers in accordance with good business ethics. The claims we make for our products and services are truthful and correct. We fulfill everything we promise regarding safety and product quality. We follow local laws, regulations and our HR policies concerning gifts and entertainment.
All HydraSpecma employees are treated equally and with respect regardless of gender, age, faith, ethnicity, sexual persuasion, disability or other. Personal relationships must not affect obligations towards the company. No employee may share other employees’ personal information without permission. We are obliged to protect the health and safety of our employees at the workplace and to always act with awareness of environmental impact.
We value our shareholders. We communicate with shareholders through the HydraSpecma CEO or his or her delegated representative. We always follow the established procedures for internal control, book keeping, financial management and document management. Company information must never be used for personal use, trade or be passed on unless for
legitimate business purposes.
4. BUSINESS PARTNERS
HydraSpecma promotes fair competition. We compete fairly and do not enter agreements or understandings that unfairly restrict competition. We follow export and import requirements and under no circumstances do we attempt to gain advantages through fraud or unlawful activities. We also demand ethical business practices from our suppliers and encourages that they also follow the HydraSpecma code of conduct.
The United Nations Universal Declaration of Human Rights is also Hydra Specma’s declaration. We hereby believe that all people have equal dignity and rights that are the foundations for freedom, justice and peace. The resources of the company are never to be used for political purposes. However direct support may be given to charitable or aid organisations. Communication with external partners is through the CEO or delegated representatives of the company.
UK Modern Slavery Act
Specma Group is committed to operating responsibly and establishing high ethical standards across our company.
The UK Modern Slavery Act of 2015 requires companies carrying on business in the UK to publish a statement describing steps taken to ensure modern forms of slavery and human trafficking are not taking place in the company’s business operations and supply chains.
Our UK Modern Slavery Act statement is annually published by our owners Schouw & co at www.schouw.dk