Code of Conduct on Human Rights

OUR COMMITMENT

proAsset system engineering GmbH (proAsset) is dedicated to conducting business ethically and with integrity, and our position on Human Rights is part of our commitment to socially responsible business practices.

Respecting Human Rights

proAsset respects the dignity of individuals and recognizes that protection of basic human rights is fundamental to the way we manage our business, and we require our suppliers to do the same. We recognize that there are many different organizations that have set forth international human rights principles, such as the Universal Declaration of Human Rights and The International Labor Organization’s (ILO) Declaration on Fundamental Principles and Rights at Work. These organizations generally promote core principles, including respect and support for identified human rights. These principles are integrated into our core values of Integrity, Honesty and Respect and are reflected in our guidelines for ethical behavior, as outlined in the proAsset Code of Conduct and Supplier Code of Conduct.

Child and Forced Labor

proAsset forbids the use of any form of child labor in connection with proAsset system engineering GmbH’s business. proAsset forbids any form of forced or compulsory labor or human trafficking in connection with proAsset system’s business.

Freedom of Association and Collective Bargaining

proAsset respects our associates’ right to join or not join any lawful organization, including trade unions and works councils, and we are committed to complying with all applicable local and national laws pertaining to freedom of association and collective bargaining.

Commitment to Fair or Living Wages

At proAsset, our people are at the forefront of all we do. Our goal is to provide fair and competitive compensation and benefits to all of our associates. We strive to maintain a competitive pay program that serves to attract, retain, motivate and reward our associates. We regularly conduct market analyses to ensure the competitiveness of pay ranges, aligned to our objective to award pay that is commensurate with experience, level of responsibility, and marketability. proAsset complies with all applicable local laws, including those pertaining to wages, overtime and benefits.

Discrimination and Harassment

proAsset is committed to an inclusive workplace, and has no tolerance for discrimination or harassment of any kind based on a person’s race, religion, sexual orientation, ethnicity or on any other legally protected characteristics.

Health and Safety

proAsset considers healthy and safe working conditions, and the prevention of injuries and environmental incidents, critical to the success of our business. It is not unusual for our expectations and enforced standards to exceed legal requirements. These important principles are encompassed within several policies throughout proAsset’s organization and we are committed to ensure respect for human rights in our operations, and with our suppliers and partners.

OUR SUPPLIERS AND PARTNERS

proAsset is also committed to ensuring our suppliers, agents, and distributors uphold the same standards. We strive to use supply chain partners whose policies, processes and systems ensure that human rights are respected, and whose trade does not directly or indirectly cause human rights violations globally. Our suppliers and partners understand that our relationship is based on an expectation of compliance with applicable laws and regulations and adherence to internationally recognized environmental, social, corporate governance and management systems standards. We reserve the right to terminate the business relationship if a supplier fails to meet their obligations.

Our Supplier Code of Conduct will be issued soon.

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