At Sharp, we understand that besides meeting the everyday needs of our consumers, we also have a commitment to our employees, the society and the environment. To realize this commitment, we have set well-defined policies and principles. This policies and practices, coupled with the belief that even perfection can be improved upon, have earned us the goodwill and trust of people.
Code of Business Principles
Standard of Conduct
We conduct our operations with honesty, integrity and openness, and with respect for the human rights and interests of our employees. We shall similarly respect the legitimate interests of those with whom we have relationships.
Obeying the Law
Sharp companies and employees are required to comply with the laws and regulations of the countries in which we operate. Sharp is committed to diversity in a working environment where there is mutual trust and respect and where everyone feels responsible for the performance and reputation of our company. We will recruit, employ and promote employees on the sole basis of the qualifications and abilities needed for the work to be performed. We are committed to safe and healthy working conditions for all employees. We will not use any form of forced, compulsory or child labor. We are committed to working with employees to develop and enhance each individual's skills and capabilities. We respect the dignity of the individual and the right of employees to freedom of association. We will maintain good communications with employees through company based information and consultation procedures.
Customers
Sharp is committed providing branded products and services which consistently offer value in terms of price and quality, and which are safe for their intended use. Products and services will be accurately and properly labeled, advertised and communicated.
Business partners
Sharp is committed to establishing mutually beneficial relations with our suppliers, customers and business partners. In our business dealings we expect our partners to adhere to business principles consistent with our own.
Community Involvement
Sharp strives to be a trusted corporate citizen and, as an integral part of society, to fulfill our responsibilities to the societies and communities in which we operate.
Public Activities
Sharp companies are encouraged to promote and defend their legitimate business interests. Sharp will co-operate with governments and other organizations, both directly and through bodes such as trade associations, in the development of proposed legislation and other regulations that may affect legitimate business interests. Sharp neither supports political parties nor contributes to the funds of groups whose activities are calculated to promote party interests.
The Environment
Sharp is committed to making continuous improvements in the management of our environmental impact and to the longer-term goal of developing a sustainable business. Sharp will work in partnership with others to promote environmental care, increase understanding of environmental issues and disseminate good practice.
Innovation
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In our scientific innovation to meet consumer needs we will respect the concerns of our consumers and of the society. We will work on the basis of sound science, applying rigorous standards of product safety.
Competition
Sharp believes in vigorous yet fair competition and supports the development of appropriate competition laws. Sharp companies and employees will conduct their operations in accordance with the principles of fair competition and all applicable regulations.
Business Integrity
Sharp does not give or receive, whether directly or indirectly, bribes or other improper advantages for business or financial gain. No employee may offer, give or receive any gift or payment, which is, or may be construed as being, a bribe. Any demand for, or offer of, a bribe must be rejected immediately and reported to management. Sharp accounting records and supporting documents must accurately describe and reflect the nature of the underlying transactions. No undisclosed or unrecorded account, fund or asset will be established or maintained.
Conflits of Interests
All Sharp employees are expected to avoid personal activities and financial interests, which could conflict with their responsibilities to the company. Sharp employees must not seek gain for themselves or others through misuse of their positions. Compliance with these principles is an essential element in our business success. The Sharp Board is responsible for ensuring these principles are communicated to, and understood and observed by, all employees. Day-to-day responsibility is delegated to the senior management of the regions and operating companies. They are responsible for implementing these principles, if necessary through more detailed guidance tailored to local needs. Assurance of compliance is given and monitored. In this Code the expressions 'Sharp' and 'Sharp companies' are used for convenience and means the Sharp Group of companies comprising Sharp Pumps Private Limited, Sharp Engineering Products, Sharp Foundry India Limited, Sharp Info Solutions Private Limited, Sharp ITI and the K.K.Indus tries. The Board of Sharp means the Directors of Sharp Pumps Private Limited, Sharp Engineering Products, Sharp Info Solutions Private Limited and K.K.Industries.
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