KÖNIG Kft.’s Code of Conduct is the corporate policy and general reference document on ethical issues and appropriate business practices. It consists of 13 principles in the areas of: business principles, environmental principles and human rights and workplace practice. The principles in our Code of Conduct are based on UN Global Compact* and the international conventions on which it is based.
*(UN Global Compact United Nations’ ten principles based on international conventions on human rights, anticorruption, International Labour Organization (ILO) conventions, workplace rights and sustainable development. http://www.unglobalcompact.org)
The Code of Conduct formalizes the principles that the KÖNIG Kft. shall commit in relation to employees, business partners and other stakeholders. All KÖNIG Kft. employees should know about the Code of Conduct, since the policy is applicable to all employees at all levels. KÖNIG Kft. encourages suppliers, dealers, consultants and other business partners within its sphere of influence to adopt these principles. In the assessment of potential and current suppliers, the principles described in this document shall be applied.
The KÖNIG Kft. Code of Conduct has been adopted to underscore the principles by which the Company conducts its relations with employees, business partners and other stakeholders. It applies to all members of the Board Of Directors, and all employed by KÖNIG Kft.
KÖNIG Kft. encourages suppliers, dealers, consultants and other business partners within its sphere of influence to adopt these principles. In the assessment of potential and current suppliers, the principles described in this document shall be applied.
KÖNIG Kft. enjoys an invaluable reputation for corporate trustworthiness around the world, based on consistently conducting business with integrity and in compliance with the laws and regulations governing its activities. The KÖNIG Kft. corporate values and commitment to sustainable development are, and will continue to be, reflected, promoted and implemented in Company policies, decisions and actions.
In every country in which it operates KÖNIG Kft. shall abide by the laws and regulations of that country. In situations where the law does not give guidance, the Company applies its own standards based on its corporate values and culture. In cases of conflict between mandatory law and the principles contained in this code, the law shall prevail.
KÖNIG Kft.’s dealings with its business partners are characterized by fairness. KÖNIG Kft. shall not offer customers, potential customers, governments, agencies of governments, or any representatives of such entities, any rewards or benefits in violation of either applicable laws or reasonable and generally accepted business practices. KÖNIG Kft. employees must not accept payments, gifts, or other kinds of reimbursement from a third party that could affect or appear to affect their objectivity in their business decisions.
Employees and members of the Boards of Directors of the KÖNIG Kft. shall conduct their private and other external activities and financial interests in a manner that does not conflict or appear to conflict with the interests of the company. Should such a conflict of interest arise, it must be reported immediately by the person subject to the conflict to his/her immediate supervisor.
All financial transactions by KÖNIG Kft. must be reported in accordance with generally accepted accounting practices, and accounting records must show the nature of all transactions in a correct and non-misleading manner. KÖNIG Kft. will provide disclosure that is open, truthful, relevant, comprehensible and timely.
KÖNIG Kft. observes neutrality with regard to political parties and candidates. Neither the names nor the assets of KÖNIG Kft. companies shall be used to promote the interests of political parties or candidates.
KÖNIG Kft. products and processes are designed in such a way that energy and raw materials are used efficiently, and waste and residual products are minimized over the products’ life cycles.
KÖNIG Kft. supports the precautionary principle by avoiding materials and methods posing environmental and health risks when suitable alternatives are available.
KÖNIG Kft. routinely audits, follows up and reports on its environmental performance, with particular emphasis on evaluating the potential risks of present and future products and operations.
Within its sphere of influence, the KÖNIG Kft. supports and respects the protection of internationally proclaimed human rights and ensures that it is not complicit in human rights abuses.
The KÖNIG Kft. hires and treats its employees in a manner that does not discriminate with regard to gender, race, religion, age, disability, sexual orientation, nationality, political opinion, union affiliation, social or ethnic origin. Workplace diversity at all levels is encouraged.
No form of forced, compulsory or child labour is tolerated in KÖNIG Kft.. The minimum employment age is the age of completion of compulsory school. Freedom of association and the right to collective bargaining and agreements shall be respected in all KÖNIG Kft. operations.
The necessary conditions for a safe and healthy work environment shall be provided for all KÖNIG Kft. employees.
It is the responsibility of KÖNIG Kft. managers to communicate and demonstrate the content as well as the spirit of this document within their organizations, and to encourage employees to reveal behaviour that may be non-compliant with these principles. Explicit or implicit approval of questionable actions will not be tolerated.
Reports of violations of this code may be done anonymously and confidentially to the CEO. Persons reporting violations in good faith will not be subject to retaliation.
This Code of Conduct will be promptly and consistently enforced. Failure to comply with its provisions can result in disciplinary action.
This Code of Conduct has been adopted by the Board of Directors of Kft. and can only be amended or waived by the Board. Any amendments or waivers shall be disclosed.
Corporate Social Responsibility
KÖNIG Kft. is committed to a Code of Conduct which describes our intention on how to behave when we do business and how we interact with our stakeholders. KÖNIG Kft. enjoys an invaluable reputation for corporate trustworthiness around the world, based on consistently conducting business with integrity and in compliance with the laws and regulations governing its activities. Therefore we seek to ensure that all our suppliers operate in compliance with our requirements. The purpose of our management is to help our business partners understand our requirements and develop together with us.
KÖNIG Kft.’s Code of Conduct is the corporate policy and general reference document on ethical issues and appropriate business practices. It consists of 13 principles in the areas of: business principles, environmental principles and human rights and workplace practice. The principles in our Code of Conduct are based on UN Global Compact* and the international conventions on which it is based.
*(UN Global Compact United Nations’ ten principles based on international conventions on human rights, anticorruption, International Labour Organization (ILO) conventions, workplace rights and sustainable development. http://www.unglobalcompact.org)
The Code of Conduct formalizes the principles that the KÖNIG Kft. shall commit in relation to employees, business partners and other stakeholders. All KÖNIG Kft. employees should know about the Code of Conduct, since the policy is applicable to all employees at all levels. KÖNIG Kft. encourages suppliers, dealers, consultants and other business partners within its sphere of influence to adopt these principles. In the assessment of potential and current suppliers, the principles described in this document shall be applied.
The KÖNIG Kft. Code of Conduct has been adopted to underscore the principles by which the Company conducts its relations with employees, business partners and other stakeholders. It applies to all members of the Board Of Directors, and all employed by KÖNIG Kft.
KÖNIG Kft. encourages suppliers, dealers, consultants and other business partners within its sphere of influence to adopt these principles. In the assessment of potential and current suppliers, the principles described in this document shall be applied.
KÖNIG Kft. enjoys an invaluable reputation for corporate trustworthiness around the world, based on consistently conducting business with integrity and in compliance with the laws and regulations governing its activities. The KÖNIG Kft. corporate values and commitment to sustainable development are, and will continue to be, reflected, promoted and implemented in Company policies, decisions and actions.
In every country in which it operates KÖNIG Kft. shall abide by the laws and regulations of that country. In situations where the law does not give guidance, the Company applies its own standards based on its corporate values and culture. In cases of conflict between mandatory law and the principles contained in this code, the law shall prevail.
KÖNIG Kft.’s dealings with its business partners are characterized by fairness. KÖNIG Kft. shall not offer customers, potential customers, governments, agencies of governments, or any representatives of such entities, any rewards or benefits in violation of either applicable laws or reasonable and generally accepted business practices. KÖNIG Kft. employees must not accept payments, gifts, or other kinds of reimbursement from a third party that could affect or appear to affect their objectivity in their business decisions.
Employees and members of the Boards of Directors of the KÖNIG Kft. shall conduct their private and other external activities and financial interests in a manner that does not conflict or appear to conflict with the interests of the company. Should such a conflict of interest arise, it must be reported immediately by the person subject to the conflict to his/her immediate supervisor.
All financial transactions by KÖNIG Kft. must be reported in accordance with generally accepted accounting practices, and accounting records must show the nature of all transactions in a correct and non-misleading manner. KÖNIG Kft. will provide disclosure that is open, truthful, relevant, comprehensible and timely.
KÖNIG Kft. observes neutrality with regard to political parties and candidates. Neither the names nor the assets of KÖNIG Kft. companies shall be used to promote the interests of political parties or candidates.
KÖNIG Kft. products and processes are designed in such a way that energy and raw materials are used efficiently, and waste and residual products are minimized over the products’ life cycles.
KÖNIG Kft. supports the precautionary principle by avoiding materials and methods posing environmental and health risks when suitable alternatives are available.
KÖNIG Kft. routinely audits, follows up and reports on its environmental performance, with particular emphasis on evaluating the potential risks of present and future products and operations.
Within its sphere of influence, the KÖNIG Kft. supports and respects the protection of internationally proclaimed human rights and ensures that it is not complicit in human rights abuses.
The KÖNIG Kft. hires and treats its employees in a manner that does not discriminate with regard to gender, race, religion, age, disability, sexual orientation, nationality, political opinion, union affiliation, social or ethnic origin. Workplace diversity at all levels is encouraged.
No form of forced, compulsory or child labour is tolerated in KÖNIG Kft.. The minimum employment age is the age of completion of compulsory school. Freedom of association and the right to collective bargaining and agreements shall be respected in all KÖNIG Kft. operations.
The necessary conditions for a safe and healthy work environment shall be provided for all KÖNIG Kft. employees.
It is the responsibility of KÖNIG Kft. managers to communicate and demonstrate the content as well as the spirit of this document within their organizations, and to encourage employees to reveal behaviour that may be non-compliant with these principles. Explicit or implicit approval of questionable actions will not be tolerated.
Reports of violations of this code may be done anonymously and confidentially to the CEO. Persons reporting violations in good faith will not be subject to retaliation.
This Code of Conduct will be promptly and consistently enforced. Failure to comply with its provisions can result in disciplinary action.
This Code of Conduct has been adopted by the Board of Directors of Kft. and can only be amended or waived by the Board. Any amendments or waivers shall be disclosed.
KÖNIG Kft.’s Code of Conduct is the corporate policy and general reference document on ethical issues and appropriate business practices. It consists of 13 principles in the areas of: business principles, environmental principles and human rights and workplace practice. The principles in our Code of Conduct are based on UN Global Compact* and the international conventions on which it is based.
*(UN Global Compact United Nations’ ten principles based on international conventions on human rights, anticorruption, International Labour Organization (ILO) conventions, workplace rights and sustainable development. http://www.unglobalcompact.org)
The Code of Conduct formalizes the principles that the KÖNIG Kft. shall commit in relation to employees, business partners and other stakeholders. All KÖNIG Kft. employees should know about the Code of Conduct, since the policy is applicable to all employees at all levels. KÖNIG Kft. encourages suppliers, dealers, consultants and other business partners within its sphere of influence to adopt these principles. In the assessment of potential and current suppliers, the principles described in this document shall be applied.
The KÖNIG Kft. Code of Conduct has been adopted to underscore the principles by which the Company conducts its relations with employees, business partners and other stakeholders. It applies to all members of the Board Of Directors, and all employed by KÖNIG Kft.
KÖNIG Kft. encourages suppliers, dealers, consultants and other business partners within its sphere of influence to adopt these principles. In the assessment of potential and current suppliers, the principles described in this document shall be applied.
KÖNIG Kft. enjoys an invaluable reputation for corporate trustworthiness around the world, based on consistently conducting business with integrity and in compliance with the laws and regulations governing its activities. The KÖNIG Kft. corporate values and commitment to sustainable development are, and will continue to be, reflected, promoted and implemented in Company policies, decisions and actions.
In every country in which it operates KÖNIG Kft. shall abide by the laws and regulations of that country. In situations where the law does not give guidance, the Company applies its own standards based on its corporate values and culture. In cases of conflict between mandatory law and the principles contained in this code, the law shall prevail.
KÖNIG Kft.’s dealings with its business partners are characterized by fairness. KÖNIG Kft. shall not offer customers, potential customers, governments, agencies of governments, or any representatives of such entities, any rewards or benefits in violation of either applicable laws or reasonable and generally accepted business practices. KÖNIG Kft. employees must not accept payments, gifts, or other kinds of reimbursement from a third party that could affect or appear to affect their objectivity in their business decisions.
Employees and members of the Boards of Directors of the KÖNIG Kft. shall conduct their private and other external activities and financial interests in a manner that does not conflict or appear to conflict with the interests of the company. Should such a conflict of interest arise, it must be reported immediately by the person subject to the conflict to his/her immediate supervisor.
All financial transactions by KÖNIG Kft. must be reported in accordance with generally accepted accounting practices, and accounting records must show the nature of all transactions in a correct and non-misleading manner. KÖNIG Kft. will provide disclosure that is open, truthful, relevant, comprehensible and timely.
KÖNIG Kft. observes neutrality with regard to political parties and candidates. Neither the names nor the assets of KÖNIG Kft. companies shall be used to promote the interests of political parties or candidates.
KÖNIG Kft. products and processes are designed in such a way that energy and raw materials are used efficiently, and waste and residual products are minimized over the products’ life cycles.
KÖNIG Kft. supports the precautionary principle by avoiding materials and methods posing environmental and health risks when suitable alternatives are available.
KÖNIG Kft. routinely audits, follows up and reports on its environmental performance, with particular emphasis on evaluating the potential risks of present and future products and operations.
Within its sphere of influence, the KÖNIG Kft. supports and respects the protection of internationally proclaimed human rights and ensures that it is not complicit in human rights abuses.
The KÖNIG Kft. hires and treats its employees in a manner that does not discriminate with regard to gender, race, religion, age, disability, sexual orientation, nationality, political opinion, union affiliation, social or ethnic origin. Workplace diversity at all levels is encouraged.
No form of forced, compulsory or child labour is tolerated in KÖNIG Kft.. The minimum employment age is the age of completion of compulsory school. Freedom of association and the right to collective bargaining and agreements shall be respected in all KÖNIG Kft. operations.
The necessary conditions for a safe and healthy work environment shall be provided for all KÖNIG Kft. employees.
It is the responsibility of KÖNIG Kft. managers to communicate and demonstrate the content as well as the spirit of this document within their organizations, and to encourage employees to reveal behaviour that may be non-compliant with these principles. Explicit or implicit approval of questionable actions will not be tolerated.
Reports of violations of this code may be done anonymously and confidentially to the CEO. Persons reporting violations in good faith will not be subject to retaliation.
This Code of Conduct will be promptly and consistently enforced. Failure to comply with its provisions can result in disciplinary action.
This Code of Conduct has been adopted by the Board of Directors of Kft. and can only be amended or waived by the Board. Any amendments or waivers shall be disclosed.