COMPLIANCE
We at Kais are proud of our impeccable reputation and craftsmen tradition. We revere the value of client confidence and faultless integrity. We firmly adhere to the principles of fairness, honesty, and ethics in all of our business dealings.
CODE OF CONDUCT
The core of the ethics and compliance program at Kais Power is our Code of Conduct. The Code requires honesty and integrity in all matters. All of our employees are required to read and understand the Code and follow its precepts in the workplace and the larger community.
Safety-Centric Quality
All our employees engage in their work with the awareness that they are producing components on which people’s lives may depend on. They are therefore committed to delivering the highest level of product quality control.
Disclosure
We maintain accurate and reliable records to meet our legal and financial obligations and manage our affairs. Our books and records will accurately reflect all business transactions. We cooperate fully with the company’s internal and independent auditors.
Ethical Awareness
Our executives and employees perform their work duties in compliance with the law, social norms, and internal regulations. We are committed to fairness in the workplace and will respect the individuality, culture, and the rights of all individuals. We will not tolerate any form of discrimination or harassment directed at any individual or group.
Confidentiality
We handle data and printed materials obtained from customers with the utmost care. Confidential corporate information learned through business transactions are under no circumstances utilized for or disclosed to third parties.
Anti-bribery
We will never offer, pay, solicit or accept bribes in any form, neither directly nor indirectly. If and to the extent appropriate under the circumstances, we may give or accept gifts and entertainment that are for business purposes, that are not material or frequent, and that reflect the customs in the industry and local norms.
COMPLIANCE COMMITTEE
The Code of Business Conduct is administered by our Compliance Committee. This cross-functional senior management team oversees all our ethics and compliance programs, assesses any breach of the Code, and determines the appropriate disciplinary actions. We regularly monitor and audit our business to ensure compliance with the Code and the law.
Responsibilities
- Reviewing the effectiveness of the Code and recommending any changes to the Safety, Sustainability and Corporate Responsibility Committee for endorsement and approval by the Board.
- Putting in place procedures for the effective dissemination of and compliance with the Code.
- Where appropriate, investigate any breaches of the Code.
- Report breaches of the Code to the Board.
Compliance Training
To ensure the implementation of preventive measures to develop and enhance awareness of compliance, Kais Power Compliance Committee organizes regular mandatory training sessions for employees and compliance initiation training packages for new employees while onboarding.
MAKING IT SAFE TO SPEAK UP
Kais Power strives to create a supportive environment where we feel safe to challenge the norm, to speak up. We have put in place the Speak-Up System, which enables employees to directly report and consult on potential compliance-related issues to identify and resolve such issues by ourselves at an early stage.
Compliance Hotline
If you happen to know of any non-complying act or any suspected violation in Kais Power, you should report to your superior or report to the compliance hotline.
All inquiries or reports will be communicated to the compliance officer of the Kais Power Compliance Committee, and the office members and suitable relevant party for the specific case will conduct a joint investigation and make a proper response.
The hotline is available not only to our employees but also to families and business partners outside the Company.
Report a Compliance Concern
+86 512 5876 0000
compliance@kaispower.com