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Sonae Sierra, aware of its business and social responsibilities, and regardless of the countries where its companies are located, undertakes to respect the following Values and Principles regarding its Business Culture, Responsibility towards Staff, Community Responsibilities and Independence from Political Power.
Business Culture
Our Business Culture is based on values and principles as Leadership,
Willingness to Change, Loyalty and Control , and Transparency.
Sonae Sierra commits itself in developing skills that add value, enabling businesses to attain positions of leadership in the markets where they operate and bases daily management practice on the principles of professionalism, loyalty, frugality, risk management, and the adoption of management methods that swiftly detect and correct adverse situations.
Therefore Sonae Sierra puts into place procedures that allow a true evaluation to be made of business performance and degree of compliance with Sonae Sierra values and principles, namely by obtaining the opinion of employees and outside observers, maintaining as a fundamental characteristic of the Group’s culture, a permanent willingness to change.
Responsibility towards Staff
The Sonae Sierra Human Resources Management policy incorporates values and principles as
Equal Treatment, Professional Development
and Safety.
We assume, before our employees, the responsibility to offer high levels of satisfaction, encouraging career development through access to training and educational programmes and to provide working conditions that avoid risks to the health and safety.
The Human Resources Management policy contains no form of discrimination on the grounds of race, sex, religion, nationality or social class.
Community Responsibilities
Our Community Responsibilities policy is based on values and principles as
Environmental Awareness, Community Involvement,
Openness to Society, Confidence and Ethics.
We try to constantly improve the environmental performance of our products, processes and activities and close ties with the community specifically through co-operation and support to cultural, sport and social institutions, in ways which are appropriate to each case. This social awareness also consists of divulging information about internal projects and activities targeted for employees, the media and the general public, but obviously keeping certain information confidential.
The relationships that we establish with third parties and business partners, namely customers and suppliers, are based on high standards of confidence, principles of honesty, integrity, and transparency. Any form of corruption even in a passive way is unacceptable.
Independence from Political Power
Sonae Sierra assumes a position of independence from political power and does not finance political organizations and parties, avoiding involvement in party political questions. However Sonae Sierra has the right to express itself publicly in the way it sees fit, to defend its values and interests.
Adopts a position of independence in relation to central and local government but with a willingness to co-operate with government in many different ways, for example in planning and executing development projects, whether they be for infrastructure construction or new legislation.
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