Code of Conduct
NMT herein sets out its Code of Conduct to be observed by all directors and employees. All directors and employees are expected to perform their day-to-day business activities with a mindset of compliance (compliance with laws, company regulations and social and ethical norms) in accordance with this Code of Conduct.
compliance with the law
We comply with the laws and regulations of the countries in which we work. We understand and adhere to the standards of business conduct relevant to our assignment, profession and position. We will not be prompted by any misguided sense of loyalty or desire for personal gain to violate applicable laws, company principles, policies or policy descriptions.
Preservation of the natural environment
We comply with applicable treaties, laws and regulations related to the environment in each country in which we operate and strive to preserve the environment by taking into consideration our impact on the natural environment.
Financial offerings and/or gifts
We do not offer or accept monetary benefits or gifts to achieve business advantages which we would not otherwise be entitled to. If we receive such offerings, we question why they are made and if anything is expected in return. We ensure that all offerings of any significance are disclosed and approved.
Fair business conduct
We conduct our business in a safe, fair and ethical manner, promoting healthy competition and protecting the interests of our customers and other stakeholders.
Corruption and facilitation payments
We have a zero tolerance policy towards bribery, which is the acceptance, offering, solicitation or promise of benefits, monetary or in kind, in order to gain business advantages to which we would otherwise not be entitled. Bribery is illegal worldwide and we are committed to comply with relevant laws prohibiting bribery.
Facilitation payments are unofficial payments made to facilitate, secure or speed up performance of business transactions, duties or services, which one is otherwise entitled to. Such payments are not limited to monetary consideration, but may take other forms such as gifts or entertainment.
In some countries facilitating payments are regrettably still an unavoidable means of securing routine, low-level action and/or approvals, but such payments are a type of bribe and in breach with existing laws. We recognize that the practice of facilitation payments is a challenge in several countries, and we are committed to work towards eliminating such practices.
We behave with respect towards the people with whom we work. Discrimination, (sexual) harassment and or other behavior that may be perceived as threatening or degrading is not acceptable. We do not discriminate against others on the grounds of race, gender, sexual preference or any other grounds. We believe that a safe and healthy work environment is a top priority and we make daily efforts to prevent accidents and occupational injuries.
Various countries and organizations, such as the United Nations, European Union and Office of Foreign Asset Control (OFAC) have imposed trade sanctions against certain countries, organizations and individuals, many of which apply to transactions beyond the borders of the country imposing them. Some sanctions impose a complete ban on all transactions, while others may ban a specific type of transaction, such as trading in specific goods or providing particular services. NMT does not do business with any sanctioned country, organization or individual, unless permitted by law
Conflicts of interest
We do not engage in activities, hold or trade in assets that involve, or might appear to involve, a conflict between our personal interests and those of the company. Such conflicts of interest could compromise our ability to make correct business decisions. In cases of doubt, we will discuss the situation with our respective office or manager.
Expenses related to necessary business entertainment will be kept within reasonable limits.
Drugs and alcohol
Consumption of alcohol in the workplace is not allowed except where it is acceptable in moderate amounts and appropriate with the circumstances, local customs and applicable laws. Possession or use of any substance prohibited by law is not tolerated while on duty or representing the NMT group.
We show great care before sharing confidential or business sensitive information with others.