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Corporate Culture of Honesty and IntegrityGetac believes that an ethical corporate culture is the foundation of corporate sustainability. Ethical conducts must start with day-to-day practices, and will gradually become integrated into the company's culture and employee behavior. Getac's Employee Code of Conduct requires employees to "Be the Best, Be Sincere and Honest, Take Responsibility, and Create Value," and that they are sincere and honest in work-related activities.
Ethical Corporate Management Best Practice Principles
Getac has established an excellent corporate governance and risk management mechanism pursuant to relevant laws. This mechanism is fully implemented in all internal management operations and business activities. The goal is to eliminate any form of unethical conduct and create a business environment conducive to sustainability. Getac’s ethical corporate management principles encompass the following:
- Strict compliance with all ethical corporate management related laws at all operating locations and acceptance of supervision by local competent authorities.
- Prohibition of unethical conduct
- Business activities shall be conducted in a fair and transparent manner based on these corporate ethical management principles.
- Prohibition of any form of conduct that violates professional ethics or prejudices the interests of the Company including, but not limited to, corruption and embezzlement, abuse of powers, bribery and bribe-taking, and malpractices for personal gain.
- Prohibition of non-political contributions
- Prohibition of improper donations or sponsorship
- Prevention of infringement on intellectual property rights including, but not limited to, business secrets, trademarks, patent rights, and copyrights
- Prohibition of any form of conduct involving unfair competition
- Prevention of damage to stakeholders caused by products and services
- Compliance with policies governing conflicts of interest
Anti-Corruption And Human Rights Education : 100% Training Rate
Irregular Business Conduct Reporting Contact
Head of Auditing Office
Anti-competitive BehaviorAnti-competitive Behavior means that Corporations build the barriers for others entering into the industry by the behaviors of restricting market competition, joint monopoly, fixed prices and trusts. All major global markets have stipulated laws and regulations to prohibit anti-competitive behaviors, such as the US Anti-trust Law, European Anti-competitive Behavior Law, China and Russia Anti-monopoly Law, and the Taiwan Fair Trade Act.
Getac Technology Corp. markets rugged computer all over the world, and the Manufacturer's Suggested Retail Price (MSRP) process is established internally, to perform local sales through the global distributor system, provide transparent and open MSRP suggested price to the distribution system and does not intervene the distributor's final retail price. In addition, Article 8.6 of the Company's Distributors Contract states that partners are required to comply with local laws and regulations and must not be involved in any violation of fair competition-related laws and regulations, thereby undermining market competition mechanisms. Getac was not involved in any anti-competitive behavior, antitrust and monopoly related lawsuits in 2018, and there was no closed legal action.
Regulatory ComplianceGetac strictly abides by regulatory laws relating to corporate governance and integrity management, environmental protection, and labor human rights to implement civic and law-related education within the organization. There were no incidents of the following violations in 2019:
1. Major penalties for environmental protection and related disputes
2. Significant penalties or non-monetary sanction due to legal violation.
3. Product or service in violation of consumer health and safety laws and principles.
4. Product or service in violation of information or labeling laws and principles.
5. Significant fines for violating the relevant laws and decrees related to provide or use the products or services
6. Marketing activities (including advertising, promotion, and sponsorships) in violation of relevant laws and principles.
7. Violation of anti-competitive behaviors, anti-trust and anti-monopoly laws and regulations.