Ethical guidelines
Momentum Group is a corporate group based on strong values and long-term relationships, where ethical business conduct permeates the entire business. Our Code of Conduct forms the basis for our ethical and business approach and describes the principles that govern our actions in all decisions and activities.
Business conduct
We follow the laws and regulations that apply in the countries where we operate and conduct our business in a commercially and ethically justifiable manner. We respect and support the UN Declaration of Human Rights, the ILO Core Conventions and the OECD Guidelines for Multinational Enterprises. Momentum Group also follows the UN Global Compact and works actively to integrate its Ten Principles in the areas of human rights, labour, environment and anti-corruption into its daily operations.
Our responsibility also extends to ensuring fair competition and a healthy business environment. We do not accept corruption, bribery or anti-competitive practices, and strictly comply with prevailing competition law. All forms of undue payments or remuneration are prohibited, and employeesmust always follow the Group’s guidelines for anti-corruption and business conduct.
Momentum Group safeguards transparency and trust, which includes responsible management of both tangible and intangible assets. We protect the Group’s resources and respect other companies’ intellectual property rights. By ensuring a high ethical standard at all levels, we strengthen our brand and build long-term relationships with customers, suppliers and other business partners.
Responsible supplier relationships
Momentum Group sets high standards for its suppliers and partners and actively works to ensure responsible business relationships. Since a large part of our impact on people and the environment takes place along our supply chain, it is crucial that those we work with share our values and comply with our requirements with regard to sustainability, ethics and social responsibility.
We expect our suppliers to respect the principles set out in our Code of Conduct and to provide a safe and healthy work environment for their employees. Child labour, forced labour or other kinds of labour law violations are not accepted. We do not enter into business relationships with players that are subject to international sanctions and do not participate in activities related to money laundering. Momentum Group strives to establish long-term and sustainable relationships with its suppliers, in which mutual transparency and responsibility are key factors for a successful collaboration.
The Board of Directors annually establishes a Code of Conduct for the Group’s operations, which also includes ethical guidelines. Our Code of Conduct describes the Group’s desired approach with regard to these factors. It further describes the fundamental ethical principles that guide all decisions and activities within the entire Group.
