40 / 54
38
PLENCO CSR Initiative
Fair and Equitable Relationships
Plenco partnerships with our customers and suppliers are based on integrity and trust. We subscribe
to the Institute for Supply Management’s Principles and Standards of Ethical Supply Management:
1.
Impropriety.
Prevent the intent and appearance of unethical or compromising
conduct in relationships, actions and communications.
2.
Conflict of Interest.
Ensure that any personal, business and other activities do not
conflict with the lawful interests of your employer.
3.
Influence.
Avoid behaviors or actions that may negatively influence, or appear to
influence, supply management decisions.
4.
Responsibilities to Your Employer.
Uphold fiduciary and other responsibilities
using reasonable care and granted authority to deliver value to your employer.
5.
Supplier and Customer Relationships.
Promote positive supplier and customer
relationships.
6.
Sustainability and Social Responsibility.
Champion social responsibility and
sustainability practices in supply management.
7.
Confidential and Proprietary Information.
Protect confidential and proprietary
information.
8.
Reciprocity.
Avoid improper reciprocal agreements.
9.
Applicable Laws, Regulations and Trade Agreements.
Know and obey the letter
and spirit of laws, regulations and trade agreements applicable to supply
management.
10.
Professional Competence.
Develop skills, expand knowledge and conduct business
that demonstrates competence and promotes the supply management profession.
Anti-Corruption
With a global supply chain and international customers, Plenco employees may interact with foreign
government officials at certain points. The company strictly complies with provisions of the U.S. Foreign
Corrupt Practices Act (FCPA) of 1977 that covers international transactions. Plenco’s policy is simple:
Plenco strictly prohibits bribery of any form, domestic or foreign.
Non-Discriminatory Business Practices Policy
Plenco does not discriminate against woman-owned and minority-owned businesses. The company
welcomes opportunities with such firms should conditions allow for a mutually beneficial business
relationship.