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Supersedes: November 20, 2003Title: Code of Business Conduct and EthicsPolicies & ProceduresDate: February 26, 2004Total Pages: 13CODE OF BUSINESS CONDUCT AND ETHICS POLICY It is the policy of Thermos

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How to fill out code of business conduct

01

Step 1: Start by clearly defining the purpose and values of your business

02

Step 2: Identify the key areas where you want to establish ethical guidelines and standards

03

Step 3: Develop and document specific policies and procedures for each area identified

04

Step 4: Communicate the code of conduct to all employees through training and orientation programs

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Step 5: Regularly review and update the code of conduct to ensure it remains relevant and effective

06

Step 6: Establish a system for reporting and investigating violations of the code of conduct

07

Step 7: Enforce the code of conduct consistently and fairly, taking appropriate action against violators

08

Step 8: Create a culture of ethics and integrity by promoting and rewarding ethical behavior

09

Step 9: Periodically evaluate the effectiveness of the code of conduct and make necessary improvements

Who needs code of business conduct?

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Every organization, regardless of size, industry, or location, can benefit from having a code of business conduct.

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It is particularly important for companies operating in highly regulated industries, such as finance and healthcare, where legal compliance is essential.

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Companies that value strong ethical practices and want to build a positive reputation with their stakeholders also need a code of business conduct.

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Employees, managers, and executives within the organization can refer to the code of conduct for guidance on ethical decision-making.

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External stakeholders, such as customers, suppliers, investors, and regulators, can also assess the company's commitment to ethical behavior through its code of business conduct.

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