Business Ethic - Sens4 A/S

Last updated: December 13th.,2024

At Sens4, we are committed to conducting business with integrity, transparency, and respect for all stakeholders. Our business ethics are rooted in principles that foster trust, accountability, and a positive impact on society and the environment. This policy outlines the ethical standards that guide our operations and interactions.

Core Ethical Principles

1. Integrity and Honesty
   • We uphold honesty and transparency in all our dealings, ensuring that our actions align with our words.
   • We avoid any form of misrepresentation or deception in our communication, both internally and externally.
2. Respect for People
   • We treat all employees, customers, suppliers, and partners with dignity and respect.
   • Discrimination, harassment, and abusive behavior have no place at Sens4.
3. Compliance with Laws and Regulations
   • We comply with all applicable local, national, and international laws and regulations.
   • Ethical business practices are non-negotiable, even in competitive or challenging markets.
4. Fair Business Practices
   • We engage in fair competition and reject all forms of corruption, bribery, and unethical business practices.
   • We negotiate contracts in good faith and honor our commitments.
5. Respect for Competitors and Intellectual Property
   • We respect our competitors and their contributions to the industry, ensuring that our actions reflect fairness and professionalism.
   • Sens4 strictly prohibits the unauthorized use of competitors' proprietary information, trade secrets, or intellectual property.
   • We compete vigorously but ethically, fostering innovation and collaboration where appropriate.
6. Environmental Responsibility
   • We aim to minimize our environmental impact through sustainable practices, innovation, and responsible resource use.
   • Sens4 encourages initiatives that reduce waste and promote energy efficiency.
7. Social Responsibility
   • We strive to contribute positively to the communities where we operate, fostering growth and well-being.
   • Sens4 supports initiatives that promote education, health, and social equity.

Workplace Ethics

1. Employee Conduct
   • Employees must perform their duties with professionalism, competence, and accountability.
   • Conflicts of interest must be disclosed and managed to ensure impartial decision-making.
2. Diversity and Inclusion
   • Sens4 values diversity and promotes an inclusive workplace where every individual feels valued and empowered.
   • Opportunities for growth and development are provided without bias.
3. Health and Safety
   • We prioritize the health, safety, and well-being of our employees and stakeholders.
   • Sens4 maintains a safe working environment and ensures compliance with all occupational health and safety standards.

Customer and Partner Relations

1. Customer Focus
   • We aim to exceed customer expectations through innovative solutions, superior quality, and exceptional service.
   • Customer feedback is actively sought and used to improve our offerings.
2. Partner Collaboration
   • We build relationships based on trust, transparency, and mutual respect with all our partners and suppliers.
   • Ethical standards are upheld throughout our supply chain.

Governance and Accountability

1. Decision-Making
   • All decisions at Sens4 are guided by ethical considerations and long-term sustainability.
   • Employees are encouraged to raise concerns or report unethical behavior without fear of retaliation.
2. Monitoring and Reporting
   • Regular audits and reviews are conducted to ensure compliance with our ethical standards.
   • Violations of this code are taken seriously and addressed promptly.

Commitment to Continuous Improvement

Sens4 is committed to regularly revisiting and updating our ethical guidelines to reflect evolving societal expectations, industry standards, and regulatory requirements. Feedback from stakeholders is an integral part of this process, ensuring that we remain accountable and forward-thinking.