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This business code allows Exclusive Networks to share its ethical principles with agents, business partners & third parties.
The purpose is to raise awareness about ethical values and make sure that business practices and company policies are ethical at all times.
We ask Exclusive Networks agents, business partners & third parties to comply with the group ethical and organisational values and uphold these through their own behaviour and decision-making when working with Exclusive Networks entities. This document further explains the 7 Ethical Principles shared across with our agents, business partners & third parties. We request your company to apply those principles and professional conducts so that we can do business together.
Agents, business partners & third parties engaging in unethical or illegal behavior when making business linked to Exclusive Networks will be subject to termination. Exclusive Networks will refer cases to government authorities when appropriate.
Exclusive Networks agents, business partners & third parties must adhere to the highest standards of ethical conduct at all time.
Exclusive Networks 7 Ethical Principles are:
Those principles are defined to guide the way we do business together.
Compliance with rules and regulations
Agents, business partners & third parties have to be aware of the rules and regulations applicable and make sure to comply with them. This is to avoid financial penalties or criminal prosecutions and also to maintain our reputation.
It is sometimes a challenge to understand the local laws and also how the laws of the United States or Europe may extend to our operations. However, there is no excuse not to comply with them.
Honesty, Integrity and Loyalty in the day to day operations and in the means to conduct business
Beyond simply obeying the law, we also ask each agents, business partners & third parties to conduct business with honesty, integrity and loyalty. Honesty must be a focus in all our business affairs. Information provided to our business partners or shared by them must always be truthful and never misleading.
Corruption, bribery, money laundering, embezzlement strictly prohibited
Any improper payment to gain advantage in any situation is never acceptable, whatever the context or the geographic area.
Exclusive Networks has to comply with the FCPA (Foreign Corrupt Practice Act) which highlight the following main rules applicable to all employees and to partners of Exclusive Networks (including agents, business partners & third parties):
Further to these rules, the company has a Gifts and Entertainment Policy that provides guidelines to Exclusive Networks Employees for the business related gifts and entertainment given or received by our company and those acting on its behalf. In no circumstances, our agents, business partners & third parties must be used to make gifts on behalf of Exclusive Networks subsidiaries.
On the other hand, Exclusive Networks employees are requested not accepting gifts or favors from business partners/ third parties except business meals paid by the business partner (as long as the business partner is present during the meal and that the meals are not frequent), except invitations to partners seminars or events, except demo products provided without charges by vendors and except gifts with a value lower than 50 dollars received only once a year and related to a very particular event (end of year chocolates or bottle of wine for example). Our agents, business partners & third parties must never be used to change a gift to something that appears to be a service.
Declaration of any potential conflict of interests to the hierarchy
A conflict of interest appears when your personal interest or the one of one of our employee may drive to make a decision that is not in the best interest of the company. It is required to alert Exclusive Networks in case there is any doubt on a potential conflict of interest or on the potential appearance of a conflict of interest.
Commercial documents to be made with highest ethical standards
It is never acceptable to make any false, inaccurate or misleading commercial documents or business documents. Commercial documents (such as invoices, delivery notes, credit notes, purchase orders…) must be made with highest ethical standards.
The products or services sold must be described on the invoices and the description must be in line with the items shipped or the real service rendered by agents, business partners & third parties.
Exclusive Networks can sell only items for which the company is a “certified distributor” or has an agreement with the vendor.
Compliance with Import and Export regulations
We do have international trading activities that are subject to regulatory restrictions. Specific authorizations from local or US authorities may be requested before importing or exporting goods (tangible or intangible). Agents, business partners or third parties used for importing or exporting products distributed by Exclusive Networks are responsible for complying with all international trade control laws (ITC) and with any export/import regulations applicable to the transaction.
No unauthorized disclosure of confidential information
Agents, business partners & third parties must work safeguarding Exclusive Networks intellectual property and confidential information that they may receive for business purposes (for example financial results, plans, pricing, customer or supplier information or lists, sales figures, strategic information, any information that is private to our company).
Awareness of clients and vendors expectations
We invest in having long term relationships with our clients and vendors. We value those relationships and always want to keep on top of their expectations and to meet all our commitments. Our agents, business partners & third parties are invited to work with the same values.
Fraud or any business crime strictly prohibited
Agents, business partners & third parties commit in doing business with highest integrity.
It is our agents, business partners & third parties commitment and duty to provide high quality service and added value.
Respect of people
Exclusive Networks promotes a culture of respect of people at the workplace as well as in the employment process.
Exclusive Networks forbids harassment in any form, intimidation or offensive work environment and expects the same from its agents, business partners & third parties.
Promotion of cultural differences
Exclusive Networks is an international company and one of our strength is being multinational. We strive to create an international environment and to promote cultural differences.
No discrimination of any type is acceptable within the organization.
The products we are distributing are often subject to recycling laws but beyond those laws it is important to have the end-users sensitized about their recycling duties so that the impact of the products we distribute on the environment is minimized. Agents, business partners & third parties who are in contact with end-users or resellers are highly encourage to raise awareness with them about environmental care.