Standard Terms of Business
Electro Discharge Ltd is committed to the highest standards of ethics and business conduct.
As stated in our code of ethics, Electro Discharge Ltd employees must comply with the law,
honour their commitments, act in good faith and uphold Electro Discharge Ltd Values.
Employees who act on behalf of Electro Discharge Ltd are expected to treat compliance to
this code of conduct as a key element of their daily working lives. We pride ourselves on
high standards of service and the professional and ethical conduct of all our employees.
Our suppliers & customers are critical to our success and, to provide superior products and
services responsibly, we require them to meet our expectations for ethics and compliance.
This code of conduct applies to all our customers, employees and suppliers and we would
expect that all business associates of Electro Discharge Ltd will have their own internal
codes of ethics and conduct.
You are responsible for ensuring that your directors, employees, representatives, and
business partners understand and comply with the expectations set forth in this code.
Compliance with Laws
At a minimum, Electro Discharge Ltd, our customers and suppliers must maintain full
compliance with all laws and regulations applicable to the operations of their business. This
includes compliance to all applicable laws prohibiting any form of corruption, bribery, sales
or shipments to embargoed countries and the restriction of imports or exports where
necessary.
Bribery and Corruption
Anything which constitutes or creates an unfair or improper business advantage should be
avoided. It is unacceptable to pay a bribe in any amount, to anyone, anywhere, for any
reason whatsoever, whether on Electro Discharge Ltd behalf, your behalf or on behalf of
others. Accordingly, we must never offer or accept, promise, authorise or provide, directly or
indirectly anything of value (including business gifts or courtesies) with the intent of effect
of inducing anyone.
Conflict of Interest
We should avoid all conflicts of interest or situations giving the appearance of a conflict of interest in all our dealings.
Employees should recognise personal relationships and situations where it will be difficult to apply objectivity.
International Trade Compliance
We conduct our business in strict compliance with all applicable laws and regulations
governing the export, re-export and transfer of goods, technical data, software and services;
import of goods, economic sanctions and embargoes.
Information Protection
We must respect the legitimate proprietary rights and intellectual property rights of Electro
Discharge Ltd and others. We must take proper care to protect sensitive information,
including confidential, proprietary, technology and personal information in order to ensure
the protection of intellectual property rights.
Competition on the Merit of Fair Play
Electro Discharge Ltd will only compete strictly on the basis of the merits of our products
and services. We do not collude with our competitors on pricing matters, products, bids or
sales agreements. We expect our business associates to do the same. We do not engage in
deceptive practices whether on our behalf or on behalf of others and we will never denigrate
any of our competitors, their products or services.
Child labour
Electro Discharge Ltd do not condone the use of child labour. We ensure that no child labour
is used in the performance of our work, whether or not related to our business
requirements. The term "child" refers to any person under the minimum legal age for
employment where the work is performed.
Quality
Electro Discharge Ltd has established a quality management system to meet our customer's
diverse needs. This involves a structured system of written practices for all our activities
which allows us to deliver products and services on time, to the correct specification. We
expect all our suppliers to comply with all quality control requirements, both dictated by
industry-governing legislation and via specific customer requirements. As a minimum, all
supplier's quality management systems will comply with the requirements of AS9100,
AS13100 (including identifying organisational type) and customer-specific requirements as
defined on the purchase order. Any supplier must notify Electro Discharge Ltd of any
significant changes to its QMS or business operations immediately.
If a work transfer is required, the supplier will be required to comply with the requirements
set out within the customer specifications and any additional activities identified as part of a
risk-based approach to the change.
Right of access to investigate non-conformance, review quality/manufacturing records
and/or to demonstrate conformance of the products must be made available and facilitated by the supplier.
Integrity
At Electro Discharge Ltd integrity is fundamental to our core values and principles through
both personal and professional behaviour. We are committed to conducting our business
honestly and fairly. We demonstrate our understanding of these values and principles and
uphold them in every action and decision. All employees of Electro Discharge Ltd are
expected to share these values and principles. To this end:
No employee shall engage in personal activities or pursue financial or business interests
which might give rise to, or give the appearance of, conflicts of interest with Electro
Discharge Ltd or which might compromise their ability to meet the responsibility of their job.
Electro Discharge Ltd employees who have access to privileged information (including
proprietary and confidential information, whether belonging to Electro Discharge Ltd or
others) must not use it to achieve personal gain for themselves or others.
Electro Discharge Ltd employees must ensure proper and responsible use of all Electro
Discharge Ltd assets, including physical property, intangible assets, IT equipment and
communication resources.
Conflict Minerals
Electro Discharge Ltd is committed to sourcing materials from companies that share our
values around human rights, ethics and environmental responsibility. We expect all our
suppliers to abide by the requirements of our supplier code of conduct and to comply with
all legal standards and requirements. We are committed to complying with any requirements
that are applicable to our company under the Conflicts Mineral Rule. We strive to work with
our customers and supply chain partners in implementing conflict minerals compliance
programmes.
Health safety and the environment
Electro Discharge Ltd promotes environmental excellence across all our sites and expects
the same throughout our business associates in order to reduce our environmental footprint.
We actively reduce the production and encourage the recycling of waste; whilst also
promoting hybrid car usage throughout our employees. These beliefs are communicated
throughout the organisation in compliance with environmental legislation and
ISO14001:2015
We ensure we comply with all health and safety laws, regulations and directives and also
conduct our operations in a manner that provides safe and healthy work environments for
our employees and business invites.
Criminal finances act 2017
Electro Discharge Ltd value our reputation for ethical behaviour and for financial probity and
reliability. We recognise that over and above the commission of any crime, any involvement
in the facilitation of tax evasion involving ourselves or any of our business associates will
also reflect adversely on our image and reputation.
Electro Discharge Ltd will not tolerate tax evasion, or the facilitation thereof under any
circumstances, whether committed by or facilitated by a client, company employees, or
associated businesses that we deal with.
Electro Discharge Ltd are committed to fighting tax evasion and have ensured that rigorous
policies and procedures are in place to detect and prevent the facilitation of tax evasion
offences throughout our business.
Electro Discharge Ltd undertake due diligence on all personnel and business associates to
mitigate the risk of facilitation of tax evasion offences and, as part of our due diligence
procedures, all appropriate agreements with third parties entered into after 31 December
2017 contain suitable provisions to enable termination of such agreements where associated
personnel or businesses are not complying with the provisions of the Criminal Finances Act
2017.
Code compliance
All entities are responsible for ensuring compliance to this code of conduct with their
directors, officers, employees, representatives and suppliers.
Any questions you may have with the above should be raised with Electro Discharge Ltd and
will be treated confidentially and investigated properly and promptly whether it be raised
internally or externally.
Electro Discharge Ltd operates a whistle-blower policy that protects individuals against
actions being taken against them for raising concerns in good faith.
Counterfeit materials
All suppliers must have implemented a counterfeit material process that is compliant to the
requirements of AS9100 and AS6174 or AS5553 (as applicable) or customer specific
requirements (as per specified on relevant purchase order). In the event of counterfeit
material being identified the supplier must inform the company within 3 working days of it
being confirmed.
Company awareness
All suppliers must ensure that all personnel within their organisation understand their
contribution to product and/or service conformity, product safety and the part they play in
the ethical behaviours of the business.
