Albatros-Tech Code of Conduct

Albatros-Tech is committed to social and environmental responsibility and ethical business conduct in all aspects of its activities. This commitment is core to how Albatros-Tech operates and interacts with partners.

This Code of Conduct outlines the social responsibility commitments of Albatros-Tech and the expectations for its business practices.

Albatros-Tech identifies and addresses any potential adverse impacts its activities may have on human rights, the environment, or ethical business conduct. Any identified risks will be minimized, and any adverse impacts, whether directly caused or indirectly contributed to, will be remedied.

1. Compliance with Law

Albatros-Tech complies with all applicable laws and regulations in Denmark, including all relevant health and safety, security, environmental, social, and labor law provisions, as well as anti-corruption and anti-trust laws.

2. Human Rights

Albatros-Tech upholds and supports the protection of internationally recognized human rights and ensures it’s not complicit in the abuse of any such rights. This includes respecting human rights derived from the Universal Declaration of Human Rights and the principles established in the International Labour Organisation’s (ILO) Declaration on Fundamental Principles and Rights at Work. Albatros-Tech also commits to fair and dignified working conditions.

  • No Child Labor: Albatros-Tech ensures no child labor is used in any aspect of its work. A “child” is understood as a person under the minimum legal age for employment in Denmark.
  • No Forced Labor: Albatros-Tech adheres to laws prohibiting all forms of modern slavery, including forced or compulsory labor, human trafficking, bonded or indentured labor, and prevents any involvement in such practices. All work is voluntary and freely chosen.
  • Dignity and Respect: Albatros-Tech provides a working environment based on mutual respect and is free from physical, psychological, sexual, and verbal harassment, pressure, or duress.
  • Fair Treatment and Equal Opportunity: Albatros-Tech ensures fair treatment and provides equal opportunity without discrimination on grounds of race, ethnic origin, nationality, political, philosophical, or religious opinions, health, disability, gender, or sexual orientation. Albatros-Tech strives towards inclusiveness.

3. Employment Practices

  • Health and Safety: Albatros-Tech ensures safe and healthy working conditions by maintaining sufficient processes, including relevant risk prevention and mitigation measures. High standards of physical, mental, and social well-being are maintained through relevant prevention measures and training.
  • Wage, Benefits, and Working Hours: Albatros-Tech pays at least the minimum compensation required under Danish law and provides all locally mandated benefits. Overtime work is compensated by providing equal time off or remuneration based on at least the regular hourly rate. Deductions from wages are permitted only if mandated by local law or regulations and are communicated beforehand. Deductions from wages never occur as a disciplinary measure. Albatros-Tech follows ILO standards regulating working hours, resting hours, maximum consecutive days of work, and annual leave.
  • Freedom of Association and Collective Bargaining: Albatros-Tech respects the right to communicate openly with management to defend interests and advocate for improved working conditions without fear of harassment, intimidation, penalty, interference, or reprisal. The right to join any association of choice within the relevant national framework and to bargain collectively is respected.

4. Environment

  • Environmental Management: Albatros-Tech conducts its business in a manner that actively manages environmental risks and reduces and mitigates environmental impacts. Efforts are made to minimize energy use, waste, and any other form of pollution.
  • Travel method selected considers always a trade-off between environmental impact, cost and time
  • Sustainable Product and Process Development: Albatros-Tech considers the environmental, social, and economic impact of its products over their entire life cycle, conserves natural resources, and mitigates the impact of its activities on the environment in the communities within which it operates. Albatros-Tech also contributes to the continuity of supply by seeking timely alternatives to chemicals and substances likely to become unavailable due to regulatory constraints.

5. Ethical Conduct

  • Fraud Prevention: Albatros-Tech upholds and supports fraud prevention, anti-corruption commitments, and the prohibition of influence peddling, extortion, and illegal payments. Albatros-Tech complies with relevant applicable laws and regulations regardless of any local customs and commits to the highest ethical standards of honesty, integrity, transparency, and fairness in all relationships. Due diligence is exerted to prevent and detect fraud, corruption, influence peddling, or any other misbehavior. Any identified or suspected fraud or illegal activity will be reported. No payments or services will be offered or accepted for the purpose of obtaining or retaining business or gaining an improper advantage.
  • Fair Competition: Albatros-Tech competes fairly for business opportunities and does not engage in any anti-competitive arrangements that aim to fix prices, allocate territory, collude, rig bids, or otherwise distort fair competition for market share. No advantage will be sought by acting fraudulently, deceiving people, making false claims, or allowing anyone to do so, including defrauding or stealing from the company, a customer, or any third party, as well as any kind of misappropriation of property or information.
  • Managing Conflicts of Interest: Albatros-Tech takes active measures to avoid conflicts of interest or situations that may be perceived as such. In the event of an actual or perceived conflict of interest, all affected parties will be immediately notified.
  • Gifts and Hospitality: The offering or receipt of any gift or business courtesy is permitted by applicable laws and regulations, is consistent with reasonable market customs and practices, and does not violate the rules and standards of the recipient’s organization. No benefits in the form of a financial instrument (e.g., payments, securities, loans, etc.) shall be offered. The exchange of business courtesies will not be used to gain an unfair competitive advantage.
  • Responsible Sourcing of Minerals: If used in Albatros-Tech products, conflict minerals (tin, tungsten, tantalum, and gold) and critical raw materials identified by the European Commission are sourced responsibly. Responsible sourcing ensures limited environmental impacts and does not directly or indirectly contribute to financing or benefiting armed groups that are perpetrators of serious human rights abuses or otherwise violate human rights. Due diligence is conducted in accordance with the principles established in the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. If the material ‘chain of custody’ of supplied minerals is “indeterminable” or otherwise unknown, appropriate certifications will be attained, or that material will be phased out.
  • Maintaining Accurate Records: Albatros-Tech creates and maintains accurate records of business transactions and refrains from altering any record entry to conceal and/or misrepresent any underlying transaction. All records fully and accurately represent the transaction or event being documented and are retained in accordance with applicable retention requirements.
  • Timely Payment to Suppliers: Albatros-Tech is fair and reasonable in its payment practices and pays undisputed and correctly presented invoices on time in accordance with agreed contract terms and applicable law.

6. Information Protection

Albatros-Tech employs necessary physical and technical security measures to ensure the confidentiality, availability, integrity, authenticity, and non-repudiation of information processed. Security, including cybersecurity, measures always remain adequate, taking into account the state of the art. Any data breach or security incident is reported without undue delay.

7. Governance

  • Internal Ethics and Compliance: Albatros-Tech maintains an internal management system commensurate with its size and nature to ensure compliance with relevant applicable laws and regulations and the standards of care established in this Code. Effective programs are implemented to encourage ethical, value-driven choices in business activities.
  • Adequate Reporting Channels: Albatros-Tech promotes a speak-up culture and provides access to adequate reporting channels where situations or behaviors in breach of applicable laws and regulations or of the principles established in this Code can be raised without fear of retaliation, in line with whistleblower protection laws and regulations. Action is taken to prevent, detect, and correct any retaliatory actions against whistleblowers.

Albatros-Tech Supplier Code of Conduct

Here’s a Supplier Code of Conduct specifically tailored for Albatros-Tech as a one-person company. It focuses on the expectations Albatros-Tech has for its suppliers, streamlining the original ESA document’s language to fit a smaller operation.

Albatros-Tech Supplier Code of Conduct

Albatros-Tech is committed to social and environmental responsibility and ethical business conduct. This commitment extends to our suppliers and partners. This Supplier Code of Conduct outlines the expectations Albatros-Tech has for all its suppliers regarding responsible and ethical business practices.

Albatros-Tech expects its suppliers to identify and address any risks or adverse impacts their activities may have on human rights, the environment, or ethical business conduct. Where such risks or impacts are identified, suppliers are expected to reduce them to a minimum, and any adverse impacts, whether directly caused or indirectly contributed to, must be remedied.

Suppliers are encouraged to apply these principles throughout their own supply chains, ensuring at least an equivalent standard of protection for the values and principles outlined here.

1. Compliance with Law

Albatros-Tech expects its suppliers to comply with all laws and regulations applicable in each country where they operate or conduct business activities. This includes, but isn’t limited to, compliance with all relevant health and safety, security, environmental, social, and labor law provisions, as well as anti-corruption and anti-trust laws.

2. Human Rights

Albatros-Tech expects its suppliers to conduct their business in a way that upholds and supports the protection of internationally recognized human rights, ensuring they aren’t complicit in the abuse of any such rights. This includes respect for human rights derived from the Universal Declaration of Human Rights and the principles established in the International Labour Organisation’s (ILO) Declaration on Fundamental Principles and Rights at Work, alongside providing fair and dignified working conditions.

  • No Child Labor: Suppliers must ensure no child labor is used in the performance of work within their organization. The term ‘child’ is understood as a person under the minimum legal age for employment in the country where the work is performed, or in accordance with the definition of the legal minimum age established in the ILO Minimum Age Convention of 1973, whichever is higher.
  • No Forced Labor: Suppliers must adhere to laws prohibiting all forms of modern slavery, including forced or compulsory labor, human trafficking, bonded or indentured labor, and prevent any involvement in such practices. Suppliers are expected to provide all workers with a written contract in a language they understand, clearly indicating their rights and responsibilities. Suppliers should follow the ILO’s general principles and operational guidelines for fair recruitment and not charge workers recruitment fees as a precondition of work. Suppliers must respect the right of workers to terminate their employment after reasonable notice and to receive all owed salary.
  • Dignity and Respect: Suppliers must ensure a working environment based on mutual respect and free from physical, psychological, sexual, and verbal harassment, pressure, or duress.
  • Fair Treatment and Equal Opportunity: Suppliers must ensure fair treatment of their workforce and provide equal employment opportunity to existing and prospective workers without discrimination on grounds of race, ethnic origin, nationality, political, philosophical, or religious opinions, health, disability, gender or sexual orientation or such further grounds as determined by national law. Albatros-Tech encourages suppliers to strive towards inclusiveness and gender balance at all levels of employment within their workforce.

3. Employment Practices

  • Health and Safety: Suppliers must ensure safe and healthy working conditions for their workers by having sufficient processes, including relevant risk prevention and mitigation measures. Where necessary, suppliers shall provide personal protective equipment for all persons working at or visiting their premises, to limit, as far as reasonably practicable, their exposure to safety hazards. Suppliers are expected to maintain high standards of physical, mental, and social well-being for their workers through relevant prevention measures and training.
  • Wage, Benefits, and Working Hours: Suppliers must pay their workers at regular intervals at least the minimum compensation required under local law, and provide all locally mandated benefits. Overtime work should be compensated. Deductions from wages are permitted only insofar as they are mandated by local law, regulations, or collective agreements and communicated to the workers beforehand. Deductions from wages may never occur as a disciplinary measure. Suppliers are expected to follow ILO standards regulating working hours, resting hours, maximum consecutive days of work, and annual leave.
  • Freedom of Association and Collective Bargaining: Suppliers must respect their workers’ right to communicate openly with the management to defend their interests and advocate for improvement of their working conditions without fear of harassment, intimidation, penalty, interference, or reprisal. Suppliers must respect their workers’ freely exercised right to join any association of their choosing within the relevant national framework and to bargain collectively.

4. Environment

  • Environmental Management: Suppliers must conduct their business in a manner that actively and sufficiently manages environmental risks and reduces and mitigates environmental impacts across their operations, products, and supply chain.
  • Sustainable Product and Process Development: Albatros-Tech encourages its suppliers to consider the environmental, social, and economic impact of their products over their entire life cycle, to conserve natural resources, and to consider and mitigate the impact of their activities on the environment. Suppliers are expected to contribute to the continuity of supply by seeking timely alternatives to chemicals and substances likely to become unavailable due to regulatory constraints.

5. Ethical Conduct

  • Fraud Prevention: Suppliers must conduct their business in a way that upholds and supports fraud prevention, anti-corruption commitments, and the prohibition of influence peddling, extortion, and illegal payments. Suppliers must comply with relevant applicable laws and regulations regardless of local customs, and commit to the highest ethical standards of honesty, integrity, transparency, and fairness in all relationships. Suppliers are expected to exert due diligence to prevent and detect fraud, corruption, influence peddling, or any other misbehavior. Suppliers must report to Albatros-Tech any fraud or illegal activity identified or suspected in the frame of their relationship with Albatros-Tech. Suppliers must never offer, attempt to offer, authorize, or promise any payment or service for the purpose of obtaining or retaining business or gaining an improper advantage. Likewise, suppliers must never solicit or accept a bribe, kickback, or any offer, promise, gift, present, or benefit whatsoever, the intent of which is to make illegitimate use of their influence.
  • Fair Competition: Suppliers must compete fairly for business opportunities and not conclude any formal or informal anti-competitive arrangements that aim to fix prices, allocate territory, collude, rig bids, or otherwise distort fair competition for market share. Suppliers must not seek to gain an advantage by acting fraudulently, deceiving people, making false claims, or allowing anyone to do so. This includes defrauding or stealing from Albatros-Tech, a customer, or any third party, as well as any kind of misappropriation of property or information.
  • Managing Conflicts of Interest: Suppliers must take active measures to avoid conflicts of interest or situations that may be perceived as such. In the event of an actual or perceived conflict of interest, the supplier shall immediately notify Albatros-Tech.
  • Gifts and Hospitality: The offering or receipt of any gift or business courtesy must be permitted by applicable laws and regulations, not violate the rules and standards of the recipient’s organization, and be consistent with reasonable market customs and practices. No financial instruments (e.g., payments, securities, loans, etc.) shall be offered. Suppliers shall not use the exchange of business courtesies to gain an unfair competitive advantage.
  • Responsible Sourcing of Minerals: If used in their products, suppliers must apply necessary and appropriate measures in their supply chain to ensure that conflict minerals (including tin, tungsten, tantalum, and gold) and critical raw materials identified by the European Commission are sourced responsibly. This means sourcing activities with limited environmental impacts that do not directly or indirectly contribute to financing or benefiting armed groups that are perpetrators of serious human rights abuses and do not otherwise violate human rights. Where relevant, suppliers are expected to conduct due diligence in accordance with the principles established in the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.
  • Maintaining Accurate Records: Suppliers must create and maintain accurate records of their business transactions and refrain from altering any record entry to conceal and/or misrepresent any underlying transaction. All records must fully and accurately represent the transaction or event being documented. Suppliers are expected to retain records in accordance with applicable retention requirements.
  • Timely Payment to Suppliers: Suppliers are expected to be fair and reasonable in their payment practices and pay undisputed and correctly presented invoices on time in accordance with agreed contract terms and applicable law.

6. Information Protection

Albatros-Tech expects its suppliers to employ necessary physical and technical security measures to ensure that the confidentiality, availability, integrity, authenticity, and non-repudiation of information processed by them is maintained at all times. Suppliers shall ensure that their security, including cybersecurity, measures always remain adequate, taking into account the state of the art, and that any data breach or security incident falling within their relationship with Albatros-Tech is reported to Albatros-Tech without undue delay.

7. Governance

  • Internal Ethics and Compliance: Suppliers are expected to implement and maintain an internal management system commensurate with the size and nature of their business. This system must ensure, in a verifiable manner, that all relevant applicable laws and regulations, as well as the standards of care established in this Code, are followed. Suppliers should implement and maintain effective programs educating and encouraging their workforce to make ethical, value-driven choices in their business activities.
  • Adequate Reporting Channels: Suppliers are expected to develop and promote a speak-up culture and to provide workers and third parties with access to adequate reporting channels where they can raise situations or behaviors in breach of applicable laws and regulations or of the principles established in this Code without fear of retaliation, in line with whistleblower protection laws and regulations. Suppliers are expected to take action to prevent, detect, and correct any retaliatory actions against whistleblowers.