Ethics
Social Responsibility
Suppliers of Teleflex, Inc. must aim to comply with the Directives of the UN
Initiative Global Compact (Davos, 01/99) and the principles and rights set
approved by the International Labor Organization (ILO) in its “Declaration
on fundamental principles and rights at work” (Geneva 06/98). The following
principles are of particular importance:
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Preservation of human dignity,
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Ban on child and forced labor,
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Ban on bribery and blackmail,
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Maintenance of adequate social working conditions,
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Maintenance of employability by basic and advanced training, and
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Responsible action by all personnel in relation to the environment.
Labor Standards Assurance System
In order to protect these rights, Teleflex has established a formal Labor
Standards Assurance System (LSAS) which outlines requirements within
Teleflex and throughout the supply chain. Teleflex is committed to
proactively
working with current and prospective suppliers to ensure that they meet or
exceed recognized global labor standards.
Download the Teleflex LSAS Policy
For more information on the Teleflex LSAS and how it addresses these
principles, please remit questions to,
LSAS@teleflex.com.
Online reports of conduct that may be unethical, illegal or in violation of
LSAS policy or local laws can be made through the Internet at www.teleflex.ethicspoint.com.
Gifts and Contributions
The following statement outlines Teleflex ’s position on gifts to employees
from suppliers.
Employees or any member of their immediate families:
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Are not, within a twelve-month period, to give or accept, directly or
indirectly, gifts, contributions, or prizes to or from any individual or
organization totaling more than $100 (USD) or the reasonable equivalent
value from
suppliers or customers of the Company. Gifts should not be in excess of
usual and reasonable limits that are a normal and acceptable part of
regular business activity;
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Are prohibited from soliciting gifts, contributions, gratuities,
services, or kickbacks from suppliers or customers of Teleflex
regardless of their value;
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May not accept the use of customer or supplier property, airplane
transportation, or trips (including trips sponsored by customers or
suppliers) without prior written approval of the manager in charge of
the division; and
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Are not to give or accept, directly or indirectly, cash under any
circumstances or entertain in excess of usual and reasonable limits that
are a normal and acceptable part of regular business activity.