At Power Transmission Systems INC Latin America (hereafter referred to as “PTS”), we are committed to conducting our business with the highest standards of integrity, honesty, and ethics.
This Code of Ethics outlines the fundamental principles and guidelines that every employee, officer, director, and business partner associated with PTS is expected to adhere to.
Our Core Values:
Integrity: We uphold the highest levels of honesty and transparency in all our interactions. Our actions are guided by ethical principles that promote trust and credibility.
Respect: We treat all individuals with respect and dignity, valuing diversity and fostering an inclusive environment that appreciates different perspectives.
Accountability: We take responsibility for our actions and decisions, ensuring that they align with legal and ethical standards. We are answerable for the consequences of our conduct.
Excellence: We are dedicated to achieving excellence in everything we do. This includes delivering quality products and services, continuously improving our processes, and striving for the highest standards of professionalism.
Code of Conduct:
1. Compliance with Laws and Regulations:
PTS and its employees shall comply with all applicable laws, regulations, and industry standards in the regions where we operate.
2. Conflicts of Interest:
Employees must avoid situations where their personal interests conflict, or appear to conflict, with the interests of PTS. Any potential conflicts of interest must be disclosed promptly.
3. Anti-Corruption:
PTS has a zero-tolerance policy for corruption, bribery, and unethical practices. We do not offer, solicit, or accept any form of illegal or unethical payments, gifts, or favors.
4. Confidentiality:
Employees must protect confidential information belonging to PTS, its clients, and partners. Confidential information should not be disclosed or used for personal gain.
5. Fair Competition:
PTS is committed to fair and open competition. We do not engage in anticompetitive practices, collusion, or unfair trade practices.
6. Health and Safety:
PTS prioritizes the health and safety of its employees, contractors, and partners. We maintain safe working environments and follow all relevant safety regulations.
7. Environmental Responsibility:
PTS is dedicated to environmental responsibility. We strive to minimize our impact on the environment through sustainable practices and compliance with environmental laws.
8. Reporting Violations:
Employees are encouraged to report any violations of this Code of Ethics to their supervisor, manager, or through established reporting channels without fear of retaliation. Reports will be treated confidentially and investigated promptly.
Consequences of Violations:
Violations of this Code of Ethics may result in disciplinary action, up to and including termination of employment or business relationships, and may also lead to legal consequences.
9. Supplier and Partner Relationships:
PTS seeks to establish and maintain strong, fair, and mutually beneficial relationships with our suppliers and business partners. We expect our suppliers and partners to share our commitment to ethical behavior, quality, and sustainability. We do not tolerate unethical practices within our supply chain.
10. Diversity and Inclusion:
PTS values diversity in all its forms and is committed to fostering an inclusive work environment where every individual is respected and treated fairly. Discrimination, harassment, or bias of any kind is strictly prohibited.
11. Social Responsibility:
PTS recognizes its responsibility to contribute positively to the communities in which we operate. We strive to engage in philanthropic and volunteer efforts that support social causes and make a positive impact on society.
12. Continuous Improvement:
We are committed to continuously improving our ethical standards, policies, and practices. We encourage employees to provide feedback and suggestions for enhancing our ethical culture.
13. Protection of Company Assets:
Employees are responsible for protecting company assets, including physical property, intellectual property, and proprietary information. Company resources should be used efficiently and solely for legitimate business purposes.
14. Ethical Leadership:
PTS’s leadership team is expected to set an example of ethical behavior and to promote a culture of ethics and compliance throughout the organization. Leaders should encourage open communication and support employees in addressing ethical concerns.
Conclusion:
This Company Code of Ethics is a reflection of PTS’s commitment to conducting business with integrity, accountability, and respect for all stakeholders. We believe that by upholding these ethical principles, we can build trust, foster positive relationships, and contribute to the long-term success and sustainability of our organization.
We reply within 24 hours
+1 (305) 778-8655
781 Crandon Blvd Suite 304
Key Biscayne , Florida 33149