Business Policies

Our business integrity is founded upon a number of key business policies that have been refined since our beginning in 1882. Today, these policies remain the cornerstone of our business and are the driving force behind the way we conduct business around the world.

FLSmidth business policies

Code of Business Conduct

Our Code of Business Conduct enshrines the FLSmidth Group’s business ethics, integrity and credibility, defining what is expected of the FLSmidth Group’s management and employees.

The Code of Business Conduct covers four key areas of our business operations:

Compliance, which includes:

  • Financial Statements and accounting
  • Stock Ex-change Regulation
  • Company Law
  • Competition and Antitrust Laws
  • Money Laundering 
  • Trade Restrictions, Export Control and Boycott and Anti-Boycott Laws.

 

Business practises, which includes:

  • Conflicts of Interest
  • Bribery, Kickbacks and Corruption
  • Facilitation Payments
  • Receiving and giving Gifts and Entertainment
  • Competition and antitrust
  • Branding and Use of Brand
  • Contracting with Third Parties
  • Product and Services Quality
  • Market Intelligence
  • Intellectual Property Rights
  • Culture, Religion and Politics
  • Government Relations 
  • Lobbying

 

Company assets and financial integrity, which includes:

  • Accurate and complete data, records, reporting and accounting
  • Protection of assets 
  • E-mail, Network and Internet Access
  • Records Management

 

Corporate governance, which includes: 

  • Board of Directors
  • Chairman
  • Board Meetings
  • Records and Filing
  • Reporting

 

Code of Business Conduct
Download the publicly available Code of Business conduct for the FLSmidth Group