Code of Conduct

Joint principles

Indutrade is a decentralised industrial group comprising six business areas and more than 200 subsidiaries. Ensuring a shared set of values and joint principles in our acquisition process is therefore vital. Our Code of Conduct is intended to support all employees in their daily work.

Everyone is responsible

Every employee contributes to the perception of Indutrade as a Group of reliable and accountable companies that always honor their obligations. Indutrade establishes long-term business relationships as a basis for creating customer and shareholder value. We aim to interact with the environments in which we operate, with our employees, our business partners and society at large.

Indutrade operates by the following principles:

  • Legal compliance — Our work abides with applicable laws in the countries in which we operate.
  • Ethical business practices — Our goal is to operate in an ethical manner and we shall conduct legally sound business practices in all respects.
  • Meaningful stakeholder dialog — We aim to conduct our operations through meaningful dialog with our employees, our business partners and with other stakeholders who affect, and are affected by, our operations.
  • Employee responsibility — Our employees are to comply with Indutrade’s principles and to take responsibility both for their own behavior and Indutrade’s products and services.

Responsibilities and organisation

The President and CEO of Indutrade is ultimately responsible for the Code of Conduct, while ongoing responsibility for compliance and monitoring rests with the President of each subsidiary.

All employees are encouraged to report deviations from Indutrade's Code of Conduct through our whistleblower function.