In addition to stating rules that govern our actions, our Code of Ethics is an expression of fundamental values and represents a framework for decision-making.
Each employee is personally responsible and accountable for compliance with this Code and the business practices organization oversees the Corporate Policy Manual, provides ethics training, investigates ethics issues, oversees compliance risk management, and assures that compliance audits are conducted.
The underpinnings of ethical business practices at Milton Roy Europe are the following:
Milton Roy Europe is committed to the highest standards of ethics and business conduct. This principle applies to all the relationships with our customers, suppliers, shareowners, competitors and communities in which we operate, as well as relationships between employees whatever their position in the company.
In seeking positive outcomes, Milton Roy Europe’s process for decision-making includes the following steps:
(1) involving the right people, (2) understanding the facts, (3) understanding the legal requirements, (4) considering the duties owed to stakeholders and the impact of alternative decisions, (5) comparing alternatives with reference to company values, (6) making a tentative decision that is lawful and seems best, and (7) asking “Should I?”
Our customers have a choice, and how we perform determines whether they choose us. We aim high, set ambitious goals and deliver results, and we use customer feedback to recalibrate when necessary. We move quickly and make timely, well-reasoned decisions because our future depends on them. We invest authority where it needs to be, in the hands of the people closest to the customer and the work.
We are a company of ideas that are nurtured by a commitment to research and development. The achievements of our founders inspire us to reach always for the next innovative and powerful and marketable idea. We seek and share ideas openly, and value differences in experiences and opinion.
Our employees’ ideas and inspiration create opportunities constantly, and without limits. We improve continuously everything we do, as a company and as individuals. We support and pursue lifelong learning to expand our knowledge and capabilities and to engage with the world outside Milton Roy.
Confidence spurs us to take risks, to experiment, to cooperate with each other and, always, to learn from the consequences of our actions.
Successful businesses improve the human condition. We maintain the highest ethical, environmental and safety standards everywhere and we encourage and celebrate our employees’ active roles in their communities.
We are a preferred investment because we meet aggressive targets whatever the economic environment. We communicate honestly and forthrightly to investors, and deliver consistently what we promise. We are a company of realists and optimists, and we project these values in everything we do.