Code of Conduct

It is vital that in performing our duties, each and every one of us does so in such a way that Hampton Homes is perceived and acknowledged as economically, socially and ethically responsible. This is the only way to ensure a positive and sustainable business. It’s the only way to ensure trust.

Together, we have defined four key areas of responsibility that are covered through our Code of Conduct. To fully perform these responsibilities, we apply our core values throughout the company – High Ethics, Empowerment, Openness and Teamwork and the ethical principles described in this Code of Conduct. We have the additional aim of actively involving all of our stakeholders whenever possible.

Responsibility towards our customers, distributors, subcontractors and suppliers – To gain and maintain business by continuous development and to be able to provide products, services and solutions that meet customers’ expectations regarding quality, safety and environmental care, while always applying the highest standards of business ethics.

Responsibility towards our employees – To respect our employees and their rights, to offer safe and good working conditions, to offer non-discriminatory conditions and to continuously develop skills and competencies to enable the individual’s satisfaction and career possibilities.

Responsibility towards society – To manage the business as a responsible member of our society, showing respect for laws, as well as respecting the protection of human rights. The aim of our environment and social responsibility initiatives is to actively contribute to a sustainable development.

RESPONSIBILITY TOWARDS CUSTOMERS, SUBCONTRACTORS, DISTRIBUTORS AND SUPPLIERS

Our business ethics
We demand honesty and integrity in all parts of our activities and expect the same from all parties with whom we have any business relation – customers, suppliers, investors, partners, affiliates, agents. In addition, we also support transparency and openness, provided that business secrets, the divulgence of which could harm the company’s competitiveness and/or relationships with customers, partners or investors, are not exposed.

Our business ethics also dictate that:

Bribes are forbidden and, consequently, that all forms of compensation to agents, subcontractors, suppliers and partners shall refer only to justified products or services.
Gifts and other favors as elements of expected hospitality must be in line with our company’s policy and licensing authorities.
All employees must avoid any conflict of interest between private economic issues and the company’s business; any case of uncertainty should be brought to the attention of management.
All business transactions made on behalf of our company must clearly appear in the company’s accounting.

Suppliers
Hampton Homes encourages its suppliers to adhere to similar codes of conduct and their performance in this respect has a significant impact on our selection process. Consequently, a supplier who does not meet these standards runs an increased risk of being excluded from our service list.

RESPONSIBILITY TOWARDS EMPLOYEES

Our working ethics
Leadership and the relationship between employees within Hampton are based on our four core values. Among other things these values require that:

All employees be treated equally, fairly and with respect regardless of race, gender, age, national origin, disability, status, religion, sexual orientation, or political affiliation.
Hampton Homes is committed to offering safe and healthy workplaces for all employees.
Hampton Homes strives to give employees good opportunities to train for job enrichment and wider responsibility.
Hampton Homes ensures that the registration, filing and use of employee data is treated with strict confidentiality and in accordance with the law.

RESPONSIBILITY TOWARDS SOCIETY

Our social ethics
Communication – It is our policy to be open and approachable, to provide factual and consistent information about our company’s products, services and development. Information essential to the stakeholders of the company shall always be given as fast as circumstances permit.

Environment, health and safety
We have a firm commitment to contribute to ecologically sustainable development. Consequently we are continually striving to improve environmental care and to ensure the health and safety of people dependent upon the activities of our company.

Community relations and social responsibility
We act in a socially responsible way and within the framework of the local rules of all the areas where we are present, creating jobs and supporting our customers. Our ability to profitably manage and grow our business is the foundation by which we meet our social responsibility. Hampton Home’s management is actively encouraged to find ways and activities by which Hampton Homes and its employees can make a positive and lasting impact on the society and the communities in which we operate.

The positive contributions typically come from involvement in projects and initiatives which aim at encouraging personal development for less privileged people, supporting education and vocational training, supporting local sports and health initiatives and stimulating other voluntary work.

RESPONSIBILITY TOWARDS INVESTORS
Return on the investor’s invested money is always considered when determining important strategies and alternatives. We keep our investors well informed about the activities, results and strategies of the company.

IMPLEMENTATION OF THE CODE OF CONDUCT
All employees have the obligation to follow the Code of Conduct and no one in the company has the mandate to authorize exceptions from the Code of Conduct.

It is the responsibility of each manager within the Hampton Homes organization to ensure that employees are fully informed about our Code of Conduct and to ensure that this Code is implemented and followed. Managers should act in such a way that their behavior is an example of the practice of the Code. Group Management will regularly supervise the observance of the Code of Conduct.