Comprehensive Ethical Business Practices at the Heart of our CSR Policies
The success of our business and CSR strategies is inextricably linked to how we are perceived by all our stakeholders and our ability to demonstrate the highest ethical standards in our business practices.
Technicolor Group Code of Ethics
Created in 1999 and regularly updated, Technicolor Code of Ethics (The Code) establishes the foundation of the Group’s core values. The Code details specific rules to guide people at work in their day-to-day activities. It allows us to understand how to act ethically and responsibly at work, ensuring to stand by our business values of being ‘Trustworthy and Transparent’. It applies to everyone, wherever we work and whatever our role. No one is above The Code.
Several additional key policies – including Whistleblower Policy; Anticorruption Policy; Ethical Sourcing Policy – underline our reputation for uncompromising integrity.
Financial Ethics Charter
Technicolor Group has published an Ethics Charter specific to Finance personnel and activities, as an extension of the Company’s Code of Ethics. The Financial Ethics Charter was first published in December 2005, is signed by the Chief Executive Officer and the Chief Financial Officer, and is distributed to key persons within the Finance organization.
This policy promotes the following rules:
- acting honestly and with integrity and avoiding conflicts of interest;
- providing accurate, complete and objective information;
- compliance with all rules and regulations, public and private, to which the Group is subject;
- acting in good faith without misrepresenting material facts or allowing one’s judgment to be unduly influenced;
- respecting confidentiality of information;
- sharing and maintaining appropriate knowledge and skills;
- promoting ethical behavior in one’s environment;
- using and controlling responsibly assets under one’s supervisions; and
- reporting known or suspected violations of the Charter.
A copy of the Code of Ethics and the Financial Ethics Charter is available on the Company’s website or upon request to the Company.
Ethics Compliance Committee
Based on the Technicolor Group’s (the “Group”) values of collaboration, creativity, trust and transparency, the Ethics and Compliance Committee (the “Committee”) aims to foster the ethics and compliance culture within the Group in order to strengthen trust of our various stakeholders (employees, business partners, shareholders, civil society) in our Group and to protect the Group, its employees and its reputation. The Ethics Compliance Committee Charter sets out the role, mission, composition and organisation of this Committee.
Ethics Programs and Initiatives
Over the last several years, the Group has deployed many ethics training programs. Several online training sessions were launched to educate employees on various ethical rules and obligations, including bribery, competition and fraud. Some dedicated training sessions were also organized on specific sites or for specific functions and via teleconferencing.
Whistleblower Policy
The Technicolor Group Whistleblower Policy details how to make a confidential, and if you wish, anonymous, report about any doubts or concerns about a situation or behavior that is contrary to the ethical rules of the Technicolor group, to any applicable legislation or regulation. It explains also the different guarantees of the Technicolor Whistleblowing System, including the protection of any whistleblower who acts in good faith against any form of retaliation.
Anti-bribery Policy
Any violation of anti-bribery laws around the world can tarnish Technicolor’s image and reputation and have serious legal and financial consequences both for company and individuals involved. It is therefore up to all of us to be vigilant and prevent any risk of corruption or to understand how to act in case of a doubt or violation of corruption.
The Technicolor Group Anti-corruption & Bribery Policy is designed to:
- Remind that at Technicolor, we have zero tolerance for bribery;
- Raise awareness of the risks of corruption and explain what behavior is expected and prohibited in the context of your activities at or with Technicolor;
- Protect employees and Technicolor from any risk of corruption and bribery at the workplace.
Data Protection Policy
A formal Data Protection Policy issued by the Technicolor Group Ethics Compliance Committee governs legal compliance aspects. This policy ensures that Technicolor Group, its staff, contractors, suppliers and other people working on its behalf comply with any applicable provisions of the European General Data Protection Regulation where and when appropriate, as well as with any applicable other legislation when processing personal data.
Technicolor Group Data Control Organization is in place worldwide, to support compliance to Technicolor Group Privacy Policy and the General Data Protection Regulation.
As a French company with headquarters in Paris, the Group has also nominated a global Data Protection Officer (DPO) to the French Data Protection Authority (CNIL).
For more information on our ethical engagement, please refer to our CSR Documentation section. Due to the recent name change, some of the Technicolor Group policies and charters will continue to appear under the Technicolor Group logo until they are updated.
