Neta Scientific, Inc. Supplier Code of Conduct Policy
POLICY BRIEF & PURPOSE
Neta Scientific, Inc. has operated with high ethical business standards and integrity in the communities where we work and live for more than 20 years. To preserve the trust placed in us, we rely on our Suppliers and business partners across the globe to commit to and uphold our high standards of integrity, values, and operating principles.
Neta Scientific's suppliers are expected to comply with the requirements in this Supplier Code with respect to their operations, products, and services.
Our Supplier Code of Conduct outlines our expectations and guidelines with respect to responsible sourcing including our commitments to human rights, the environment, health and safety, ethical business practices, and the development of a diverse and sustainable supply chain.
By its acceptance of any purchase order from Neta Scientific, Inc., the Supplier acknowledges its acceptance of the Supplier Code and intention to comply with its requirements.
Our company’s Supplier Code of Conduct includes the following elements: Labor Practice and Standards, Ethical Business Practices, and Environmental Policy.
Labor Practice and Standards
• Suppliers shall comply with all applicable labor laws, rules, and regulations, including but not limited to, the criteria set forth in SA8000.
• Suppliers shall ensure respect for human rights throughout their operations (including but not limited to the operations of their own suppliers and any permitted sub-contractors) in accordance with the UN Guiding Principles on Business and Human Rights (the “UN Guiding Principles”).
• Suppliers shall comply with all applicable Equal Opportunity laws and accompanying regulations: Executive Order 11246, as amended, (and its implementing regulations at 41 C.F.R. part 60); The Vietnam Era Veterans Readjustment Assistance Act of 1974, as amended (and its implementing regulations at 41 C.F.R. 60-300); and Section 503 of the Rehabilitation Act of 1973, as amended (and its implementing regulations at 41 C.F.R 60-741); and, Executive Order 13496 (and its implementing regulations at 29 C.F.R. part 471, Appendix A to
• Suppliers shall not employ under-age labor as described in Minimum Age Convention 138 and Worst Forms of Child Labour Convention 182 of the International Labour Organization.
• Suppliers shall not make use of forced or compulsory labor as described in Article 2 in the Forced Labour Convention 29 and Article 1 in the Abolition of Forced Labour Convention 105 of the International Labour Organization.
• Suppliers shall provide equal remuneration and shall respect, within the framework of local laws and established practices, the principles of Article 1 in the Equal Remuneration Convention 100 and Article 1 in the Discrimination [Employment and Occupation] Convention 111 of the International Labour Organization.
• Suppliers shall respect, within the framework of local laws and established practices, the principles of Article 2 in the Freedom of Association and Protection of the Right to Organize Convention 87 and Articles 1 and 2 in the Right to Organize and Collective Bargaining Convention 98 of the International Labour Organization.
Ethical Business Practices
• Suppliers shall have environmental, health and safety management systems that are based on ISO 14001 and ISO 45001.
• Direct material suppliers shall comply with Neta Scientific’s general requirements for restricting or prohibiting certain substances in products manufactured for or delivered to Neta Scientific, Inc. and its customers per Neta Scientific, Inc. General Specification for the Environment (GSE), Drawing A-5951-1745-1, as well as any additional and applicable material content regulations.
• Suppliers shall take reasonable measures to ensure products, parts, components and materials supplied to Neta Scientific, Inc. and its customers are “DRC (Democratic Republic of Congo) conflict free” as that term is used under Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“the Dodd-Frank Act”).
• Suppliers shall not engage in collusive bidding, price fixing, price discrimination or other unfair trade practices in violation of antitrust laws.
• Suppliers shall comply with all applicable anti-corruption laws, rules, and regulations, including the U.S. Foreign Corrupt Practices Act, the UK Bribery Act, and those enacted under the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions.
• Suppliers shall comply with applicable security and privacy laws and regulations as well as data retention requirements in all situations when conducting business with Neta Scientific, Inc. Suppliers must ensure that, at all times, they have appropriate technical and security measures in place to protect Neta Scientific, Inc.’s confidential information from unauthorized disclosure. Suppliers may not outsource, disclose, share, or use this information with anyone, or for any purpose, outside the terms of their agreement(s) with Neta Scientific, Inc.
• Suppliers shall take reasonable measures to ensure that their suppliers adhere to similar environmental and social responsibility principles. Neta Scientific, Inc. suppliers may never engage in any activity prohibited by this Code of Conduct by knowingly employing – or failing to impose appropriate corrective action, up to and including termination, upon a subcontractor or supplier who performs the prohibited activity on behalf of the Neta Scientific, Inc. supplier.
• Suppliers should conserve natural resources by reducing water-use, energy consumption, greenhouse gas emissions, and by managing/minimizing waste.
• Suppliers will, upon request, provide Neta Scientific, Inc. with information on their sustainability performance.
• Suppliers are encouraged to voluntarily report sustainability-related progress utilizing UN Sustainable Development Goals (UN SDG), RobecoSAM, EcoVadis, Corporate Social Responsibility (CSR) report, Carbon Disclosure Project (CDP) or other similar resources.