Our way of working – The Oilon Code of Conduct

We are proud of what we do at Oilon. Our work focuses on high com­pet­ence and respons­ible oper­a­tions accord­ing to our values. Our values and our Code of Conduct describe our vision of how we operate and what we want to achieve as a company.

This Code of Conduct is our tool to be a trusted partner and to conduct busi­ness respons­ibly.

We promote fair employ­ment con­di­tions, safe working con­di­tions, respons­ible man­age­ment of envir­on­mental issues, and high ethical and legal stand­ards in all our busi­ness prac­tices. Our cor­por­ate respons­ib­il­ity policy can be summed up with our state­ment of purpose: We create sus­tain­able energy tech­no­logy. As a family-​run busi­ness, already in the third gen­er­a­tion, it is import­ant to us that future gen­er­a­tions will be able to enjoy a clean
and natural envir­on­ment.

The Code of Conduct applies to all our employ­ees, sup­pli­ers, and part­ners as well as any third parties we do busi­ness with. We expect our employ­ees and busi­ness part­ners to act pro­fes­sion­ally, respons­ibly, with integ­rity and honesty, and to meet the stand­ards stated in this Code.

Com­pli­ance with laws, rules, and reg­u­la­tions

Oilon sells and markets its products world­wide, com­ply­ing with all applic­able laws in each country where such busi­ness activ­it­ies take place. Among these are laws and reg­u­la­tions regard­ing fair com­pet­i­tion, cor­por­ate gov­ernance, privacy, product safety, intel­lec­tual prop­erty rights, anti-​corruption as well as labor laws. Oilon sup­ports and respects the pro­tec­tion of human rights as defined in the United Nation’s Uni­ver­sal Declar­a­tion of Human Rights.

Envir­on­mental respons­ib­il­ity

Oilon is com­mit­ted to sus­tain­able innov­a­tion and devel­op­ment. Our concern for the envir­on­ment sets us con­tinu­ous devel­op­ment targets. Increas­ing energy and resource effi­ciency, con­stantly lower­ing the emis­sion levels of our products as well as devel­op­ing new solu­tions for energy pro­duc­tion and new tech­no­lo­gies util­iz­ing renew­able energy sources is at the core of our envir­on­mental respons­ib­il­ity. We imple­ment this through innov­a­tion and con­tinu­ous research and devel­op­ment.

Fin­an­cial respons­ib­il­ity

For us, fin­an­cial respons­ib­il­ity is provid­ing added value to our busi­ness part­ners, stake­hold­ers, and com­munit­ies. We engage in prof­it­able busi­ness, which enables us to carry our envir­on­mental, social and fin­an­cial respons­ib­il­it­ies also in the future.

Occu­pa­tional well-​being and occu­pa­tional safety

For Oilon, the occu­pa­tional well-​being and safety of its per­son­nel is a pri­or­ity. To improve the overall job sat­is­fac­tion of our per­son­nel, we organ­ize regular employee sat­is­fac­tion surveys. We create and main­tain safe working con­di­tions and working methods and keep our machines and equip­ment in good working order for the benefit of our entire per­son­nel. Fur­ther­more, we provide train­ing for our employ­ees, allow­ing them to acquire all the skills and know­ledge neces­sary to main­tain a high stand­ard of occu­pa­tional safety. Our goal is to foster a healthy life­style. All our employ­ees are respons­ible for com­ply­ing with the safety instruc­tions, using per­sonal pro­tect­ive equip­ment when required, and report­ing any short­com­ings regard­ing safety instruc­tions or pro­tect­ive meas­ures.

Per­son­nel

Oilon’s busi­ness is driven by a strong back­ground as a family-​owned busi­ness, which is why respect for others is one of our pri­or­it­ies. Skilled and motiv­ated per­son­nel is Oilon’s most import­ant resource and the basis for a pro­duct­ive busi­ness. Our goal is to create and main­tain an excel­lent working envir­on­ment which offers employ­ees mean­ing­ful work and creates oppor­tun­it­ies for con­tinu­ous pro­fes­sional devel­op­ment. Our guiding prin­ciple is to offer equal oppor­tun­it­ies for all our employ­ees. Oilon respects human rights and does not accept any form of dis­crim­in­a­tion. We value a diverse and inter­na­tional working envir­on­ment.

Con­flict of interest and anti-​corruption

Oilon expects full loyalty from its employ­ees. Employ­ees should avoid situ­ations where their per­sonal interests may con­flict with those of Oilon. No Oilon employee or busi­ness partner may, either dir­ectly or indir­ectly, promise, offer, pay, request, or accept bribes or kick­backs of any kind, includ­ing money, bene­fits, ser­vices or any­thing of value. Such pay­ments and favors may be con­sidered bribery. As an excep­tion, you may give and receive gifts or enter­tain­ment of a minor value given on an occa­sional basis, provid­ing that it does not create a con­flict of interest.

Con­fid­en­tial and pro­pri­et­ary inform­a­tion

Con­fid­en­tial inform­a­tion and intel­lec­tual prop­erty are among Oilon’s most valu­able assets, and pro­tect­ing this inform­a­tion is crit­ical to our success. Employ­ees and busi­ness part­ners must protect Oilon’s con­fid­en­tial inform­a­tion and intel­lec­tual prop­erty, includ­ing, without lim­it­a­tion, patents, trade­marks, copy­rights, designs and trade secrets, and take all reas­on­able steps to prevent its dis­clos­ure, loss, theft, damage or unau­thor­ized use. You will be bound by con­fid­en­ti­al­ity even after your employ­ment has ended (or part­ner­ship con­tract has expired). At the same time, we have the oblig­a­tion to respect the con­fid­en­tial inform­a­tion and intel­lec­tual prop­erty rights of others.

Company prop­erty

Company prop­erty may only be used for legit­im­ate busi­ness pur­poses. Each employee needs to take good care of company prop­erty and prevent its loss, damage, misuse, or theft.

Report­ing viol­a­tions

Any employee, busi­ness partner, or other third party who becomes aware of a pos­sible viol­a­tion of the Code has the oblig­a­tion to report it. If you suspect a viol­a­tion of this Code of Conduct (by anyone, your­self included) or if you have any ques­tions or oth­er­wise require guid­ance, contact your super­visor, an HR rep­res­ent­at­ive, or the next level of man­age­ment without delay. If you wish to report a viol­a­tion anonym­ously, you can use the con­fid­en­tial Oilon Whis­tleblow­ing channel (an anonym­ous report­ing service on our website). Oilon will invest­ig­ate all repor­ted matters with dis­cre­tion. No neg­at­ive action will be taken against anyone who, in good faith, reports a poten­tial viol­a­tion of the Code or asks for advice on how to proceed in the matter.

Sanc­tions
Viol­a­tions of this Code are subject to dis­cip­lin­ary action and may lead to a warning, ter­min­a­tion of employ­ment or con­tract, and payment of damages.