Axtec Limited has outlined a comprehensive framework for ethical and responsible decision-making, including the establishment of values, a code of conduct, a whistleblower policy, and an anti-bribery and corruption policy. These policies are all disclosed on the company’s website, reflecting its commitment to corporate governance and ethical behavior.
Material actions and disclosures
The company has established a set of values that shape its culture and support its business strategy. Management and employees are encouraged to consider these values when making decisions. The board uses these values as a cross-check to ensure alignment with internal and stakeholder expectations regarding the company’s impact on society.
Axtec has also established a code of conduct that outlines practices necessary to maintain confidence in the company’s integrity, take into account legal obligations, and meet the reasonable expectations of its stakeholders. The company’s whistleblower policy supports a culture of corporate compliance and proper ethical behavior by protecting employees who report non-compliant actions.
The company has a zero-tolerance policy for corruption and the payment or receipt of bribes, and has established an anti-bribery and corruption policy that sets out expected standards of behavior for employees.
Additionally, Axtec has a diversity policy, although it does not include a requirement for the board to establish measurable objectives for achieving gender diversity at this stage. The company will review its position on establishing measurable objectives as its circumstances change.
The company’s governance-related documents, including its board charter, audit committee charter, and remuneration committee charter, are available on the company’s website under the section marked