Vendor Code of Conduct
At Shield Pharmaceuticals, we are committed to conducting business with integrity and ensuring that our suppliers adhere to the same high ethical standards that reflect our core values. This Vendor Code of Conduct (the "Code") outlines the expectations and requirements for all vendors, suppliers, and partners who engage with Shield Pharmaceuticals. It is essential that all parties uphold the highest standards of ethical business practices, environmental responsibility, and respect for human rights.
We hold our vendors to the same level of excellence that we set for ourselves, ensuring that every partnership aligns with our core values and contributes to the positive impact of our operations.
1. Ethical Business Practices
Integrity and Fairness: Vendors must conduct business with honesty, fairness, and transparency. We expect all vendors to comply with applicable laws, regulations, and industry standards in all dealings with Shield Pharmaceuticals.
Conflicts of Interest: Vendors must disclose any potential conflicts of interest that could affect their ability to perform services for Shield Pharmaceuticals impartially and effectively.
Anti-Corruption and Anti-Bribery: Shield Pharmaceuticals has a zero-tolerance policy for bribery and corruption. Vendors must not engage in, condone, or tolerate any form of bribery or corrupt practices in their business dealings.
2. Labor and Human Rights
Fair Treatment and Non-Discrimination: Vendors must provide a workplace that treats all employees fairly and with respect. Discrimination, harassment, and abuse in any form will not be tolerated.
Child and Forced Labor: Shield Pharmaceuticals strictly prohibits the use of child labor or forced labor in any form. Vendors must comply with all relevant laws and ensure that all employees are working voluntarily, with the legal capacity to do so.
Safe and Healthy Work Environment: Vendors are expected to provide a safe and healthy working environment in compliance with all applicable health and safety laws, regulations, and industry standards.
3. Environmental Responsibility
Sustainability: Vendors should operate in an environmentally responsible manner, minimizing waste, reducing emissions, and adopting sustainable practices. Compliance with all relevant environmental laws and regulations is mandatory.
Resource Conservation: Vendors are encouraged to implement measures that conserve resources, reduce energy consumption, and minimize the environmental impact of their operations.
4. Quality and Compliance
Product Quality and Safety: Vendors must ensure that the products and services provided to Shield Pharmaceuticals meet the highest standards of quality, safety, and efficacy. All products must comply with regulatory requirements and quality assurance protocols.
Regulatory Compliance: Vendors must adhere to all relevant local, national, and international laws, regulations, and industry standards, particularly those related to manufacturing, distribution, and marketing practices.
5. Confidentiality and Intellectual Property
Confidential Information: Vendors are required to maintain the confidentiality of any proprietary or sensitive information shared by Shield Pharmaceuticals. This includes trade secrets, financial data, and any other confidential or proprietary information.
Intellectual Property: Vendors must respect the intellectual property rights of Shield Pharmaceuticals and others. Unauthorized use, reproduction, or distribution of intellectual property is strictly prohibited.
6. Transparency and Reporting
Communication and Cooperation: Vendors are expected to maintain open, honest communication and cooperate with Shield Pharmaceuticals in the event of any investigations, audits, or assessments related to compliance with this Code.
Reporting Violations: Vendors are required to promptly report any violations of the Code or suspected violations to Shield Pharmaceuticals. Shield Pharmaceuticals prohibits any retaliation against individuals who report violations in good faith.
7. Continuous Improvement
Ongoing Evaluation: Vendors are encouraged to regularly review and improve their operations to align with this Code. Shield Pharmaceuticals expects its vendors to continuously strive for ethical improvements, sustainable practices, and ongoing compliance with applicable standards.
By adhering to this Vendor Code of Conduct, Shield Pharmaceuticals and its partners demonstrate their collective commitment to conducting business in a manner that is both ethical and sustainable. We value our relationships with our vendors and look forward to continuing to work together to uphold these principles in every aspect of our operations.