Precision-engineered biodegradable natural fibres for consistent, reliable performance.
Precision-engineered biodegradable natural fibres for consistent, reliable performance.
1.1 This Policy establishes the ethical, behavioural and compliance standards governing all activities of Salike Limited.
1.2 It forms part of the Company’s Corporate Governance Framework and must be read alongside all related policies.
1.3 The Company shall take all reasonable steps to prevent unethical or unlawful conduct.
1.4 This Policy shall be interpreted in favour of the higher ethical standard where ambiguity exists.
2.1 Applies to all employees, directors, contractors and third parties.
2.2 Applies to all operations including procurement, sales, projects and international trade.
2.3 Where local law differs, the higher standard shall apply.
3.1 Integrity – business must be conducted honestly.
3.2 Accountability – decisions must be justifiable.
3.3 Transparency – records must be accurate and auditable.
3.4 Fair dealing – no manipulation or unfair advantage.
3.5 Reputation – conduct must not damage the Company.
4.1 Must be reasonable and proportionate.
4.2 Cash or equivalents are prohibited.
4.3 Gifts over £100 and hospitality over £250 require approval.
4.4 All items must be recorded in a central register.
4.5 Breaches will be treated as misconduct.
5.1 All financial records must be accurate and complete.
5.2 No false or misleading entries permitted.
5.3 Transactions must be authorised and traceable.
5.4 Controls must prevent fraud and bribery.
6.1 Compliance with all applicable laws is mandatory.
6.2 Includes anti-bribery, labour, competition and data laws.
6.3 Higher standards apply where conflicts exist.
7.1 Concerns must be reported promptly.
7.2 Serious issues escalated to senior management or Board.
7.3 Clear reporting channels must be maintained.
8.1 Reports acknowledged promptly.
8.2 Initial assessment conducted.
8.3 Formal investigation undertaken.
8.4 Evidence documented.
8.5 Findings reported.
8.6 Corrective action implemented.
9.1 Breaches may result in disciplinary action.
9.2 Includes warnings, suspension or dismissal.
9.3 Serious breaches = gross misconduct.
9.4 Third-party breaches may terminate contracts.
10.1 Board retains ultimate responsibility.
10.2 Management ensures implementation.
10.3 Policy reviewed and audited periodically.
11.1 Governed by laws of England and Wales.