Suppliers shall prevent and fight all forms of corruption, bribery, extortion and improper advantage, and comply with all applicable laws pertaining to these issues.
Suppliers should not, directly or indirectly, offer, promise, give, demand or accept any bribe or other undue advantage, to Faurecia employees, public officials or other private or public actors, with the intention to obtain or retain business or any other improper advantage. Suppliers should develop and adopt adequate internal controls, ethics and compliance programmes or measures for preventing and detecting bribery. These may include promoting employee awareness of the company policies against bribery and a system of financial and accounting procedures, reasonably designed to ensure the maintenance of fair, transparent and accurate books, records, and accounts.
Fair Business Practices
Suppliers shall strive for fair business practices, and in any case suppliers must comply with all applicable laws and regulations related to fair competition.
Suppliers shall also commit to communicate its financial health, on business activities, evolution and forecast to business stakeholders.
A conflict of interest exists when an employee or a close relative liable to benefit personally from a transaction involving a company in the Faurecia group. Conflicts of interest shall be addressed by avoiding, identifying and revealing situations where there is an actual risk of conflict of interest in association with Faurecia employees or their relatives.
Faurecia has strict policy as for the acceptance of gifts and gratuity from suppliers, for details please refer to “Code of Ethics and Rules of Business Conduct”.