Last Updated 01 June 2024
At Sotto, we firmly believe that ethical practices are the cornerstone of sustainable business success. We also believe that ethical business conduct contributes to a better, more just world. That’s why we developed the Sotto Code of Ethics: to declare our commitment to upholding the highest standards of integrity and responsibility.
The Sotto Code of Ethics outlines our rules and reflects the core values that guide our decisions and actions. By committing to this code, we promote a work environment and a business model that prioritizes fairness, transparency, and respect for all individuals and communities we interact with.
Through the implementation of the Sotto Code of Ethics, we aim to reinforce our reputation as a reliable and ethical partner in the sourcing industry. We recognize that maintaining trust with our stakeholders—whether customers, employees, suppliers, or the communities where we operate is crucial. That’s why we hold ourselves accountable to these standards, ensuring that our business practices reflect our ethical commitments at every level of our operations.
1. Commitment to integrity
Honesty and Transparency
We will uphold the highest standards of honesty in everything we do. This includes clear and transparent communication practices to ensure all stakeholders have access to accurate and necessary information.
Accountability
We are accountable for our actions within and outside the company. This includes adhering to our commitments, taking responsibility for our decisions, and acknowledging our impact on the community.
2. Compliance with laws and regulations
Legal Compliance
We operate in compliance with the laws and regulations of the jurisdictions in which we do business. This includes, but is not limited to, labor laws, environmental laws, anti-corruption laws, and all forms of regulatory compliance.
Fair Competition
We engage in practices that ensure fair competition and oppose all forms of corruption, including extortion, bribery, and unethical business manipulation.
3. Respect for human rights
Zero Tolerance for Forced or Child Labor
We are committed to preserving human rights without compromise. This includes enforcing policies against forced and child labor in all our operations and extended supply chain.
Diversity and Inclusion
We are dedicated to creating a workplace that values diversity and inclusion, where everyone has the opportunity to contribute and succeed without bias or discrimination.
4. Support for environmental initiatives
Sustainability Practices
We aim to be sustainable in our operations by efficiently using resources, reducing and recycling waste, and utilizing sustainable materials wherever possible.
Conservation Initiatives
We support initiatives aimed at environmental conservation and continuously seek new ways to improve environmental well-being in the communities where we operate.
5. Fair dealing and ethical conduct
Respect for Stakeholders
We prioritize the satisfaction of our customers and the well-being of our employees. Additionally, we uphold the rights of our suppliers and partners.
Conflict of Interest
We maintain a strict policy against conflicts of interest. Employees are expected to avoid situations where their personal interests could conflict with or appear to conflict with the company's interests.
6. Protection of data
Data Management
We are committed to safeguarding the personal and business information of our customers and suppliers. We take extensive measures to protect this data against loss, theft, misuse, and unauthorized access.
Confidentiality
We strive to maintain the confidentiality of information provided by our customers and suppliers. Employees are obligated to protect this information so that it is neither disclosed nor accessed without proper authorization.
7. Reporting and enforcement
Reporting Violations
We encourage all employees and partners to report any breaches of this code without fear of retaliation. Transparent and open communication is key to enforcing our ethical standards.
Disciplinary Actions
In accordance with legal and ethical guidelines, appropriate measures will be taken against anyone who violates this code, including potential termination of employment or business relations.
If you witness any actions or behavior that contradict the Sotto Code of Ethics, please report them by emailing legal@sotto-solutions.com.