Page 21 - Paragon ID

Basis of our commitments
Here at Paragon ID, we fully understand the direct and indirect impact of our business activities on the companies with whom we work. We strive to establish an environment based on trust, collaboration and respect across all of our professional relationships.
Our code of ethics guides all of our staff in performing their daily work with integrity, trust, honesty and respect. This same charter also sets out those practices to be avoided and instructions to follow in interactions with clients, suppliers and competitors.
This commitment is shared by all members of our team, including members of the board of directors, and comprises the following:
AN ANTI-CORRUPTION CODE OF CONDUCT
This is intended to both prevent and combat all forms of corruption which may come in various forms including the payment of bribes, misuse of funds, undisclosed conflicts of interest and other disloyal practices which harm the integrity of business dealings and commercial operations.
DECLARATION AGAINST MODERN SLAVERY
Paragon ID is opposed to all forms of modern slavery throughout its commercial operations and supply chain: forced labour, human trafficking, child labour and all other forms of human exploitation are contrary to fundamental human rights and ethics.
HANDLING CONFIDENTIAL INFORMATION
This guarantees the protection of confidential information likely to influence financial performance. It is aimed at preventing illegal practices, such as insider trading, ensuring that all transactions are fully transparent and fair for each and every investor.
WHISTLEBLOWING PROCEDURE
This is aimed at promoting transparency, integrity and res- ponsibility within the company by encouraging employees to report any inappropriate or illegal behaviour without the fear of retaliation. It quickly allows problematic practices to be identified and handled in the most appropriate manner to avoid any harmful consequences for both the company and its stakeholders.
3 RISKS AND 1 CHALLENGE IDENTIFIED Risks
Corruption
Failure to respect human rights Non-compliance (active and passive corruption) for major contracts for which the company operates alongside intermediaries and institutions
Challenge
Combatting tax evasion and ensuring suppliers comply with the purchasing charter
21