WindarPhotonics AnnualReport 2018 All - Flipbook - Page 35
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Principal 8 : Promote a
corporate culture that is
based on ethical values
and behaviours
The board should embody and promote a corporate culture that is based
on sound ethical values and behaviours and use it as an asset and a source
of competitive advantage.
The policy set by the board should be visible in the actions and decisions
of the chief executive and the rest of the management team.
Corporate values should guide the objectives and strategy of the group.
The culture should be visible in every aspect of the business, including
recruitment, nominations, training and engagement.
The performance and reward system should endorse the desired ethical
behaviours across all levels of the Group.
The corporate culture should be recognisable throughout the disclosures in
the annual report, website and any other statements issued by the Group.
Windar Photonics is a fairly small and young Group, and the corporate
ethical values have not yet been formally described. A description of the
ethical values that underpin the Group will be formulated and made public
during 2019.
Nonetheless, the Group is operated on a sound foundation of ethical
principles:
• A high degree of transparency and non-hierarchical communication
between the various positions in the Group
• Entrepreneurial spirit and a high degree of employee influence
• A diverse work-place with a wide representation of different
cultures, which is considered a boon for the Group
Furthermore, the Group has provided training and information concerning
anti-bribery and work-place safety to its employees.
The Group is also committed to providing a safe and secure environment for
its employees, with its policies and procedures enshrined in its health and
safety guidance to employees.
Windar Photonics - Annual Report and Accounts 2018
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