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REC Group policies on sustainability

The REC Group Polices on Sustainability is part of our overall RBS (REC Business System) philosophy which defines the way we work across the organization. In our effort to continuously improve our processes and products to serve our customers well, we strive to work in a structured manner with focus on Environment and Climate, Safety & Health, Quality & Improvement and Business Conduct.

BUSINESS CONDUCT POLICY

  • REC strives for sustainability and the highest level of business ethics in all its activities. The Group promotes transparency and accountability in its activities and strives to continuously improve business conduct together with the stakeholders.
  • REC supports fundamental human rights and will abstain from participating in any business activities that may compromise human rights, including child labor and forced labor.
  • REC ensures appropriate remuneration and working hours, securing at least statutory minimum wages and maximum working hours. The Group promotes equal opportunities for all employees and prevents discrimination
    in employment.
  • REC does not engage in corruption, bribery, fraud, money laundering or other economic crime.
  • REC respects the lawful customs and traditions of the countries in which it operates as long as this does not compromise on the REC Group policies.
  • REC practices internal control by setting objectives, monitoring performance, reporting results and executing audits.
  • REC communicates this business conduct policy to all persons working under the control of the company.
  • REC reports on its business conduct policy and performance publicly.
  • REC operates in compliance with national legislation and applicable external
    requirements related to the business conduct aspects of its activities.
  • REC encourages business partners to implement sound business conduct in line with this policy.

SAFETY AND HEALTH POLICY

  • REC puts safety first and follows the strategy that all accidents, injuries
    and occupational illnesses are preventable. The target is zero harm to employees, contractors, partners, customers and members of the public.
  • REC has management systems, tools and training that secure continuous improvements of performance and risk management within safety and health.
  • REC management is committed to provide safe and healthful working conditions through enabling the employees to integrate safety and health into all business activities.
  • REC includes safety and health considerations as part of the design, sourcing, manufacturing, delivery, handling, usage, recovery, recycling and disposal of its products.
  • REC practices internal control by setting objectives, monitoring performance, reporting results and executing audits.
  • REC has emergency preparedness plans also in order to prevent and mitigate negative consequences on safety and health and to secure business continuity.
  • REC communicates this safety and health policy to all persons working under the control of the company.
  • REC reports on its safety and health policy and performance publicly.
  • REC operates in compliance with national legislation and applicable external requirements related to the safety and health aspects of its activities.
  • REC encourages business partners to implement safe and healthy practices in line with this policy.

QUALITY AND IMPROVEMENT POLICY

  • REC ensures continuous focus on quality and improvement in order to ensure competitive advantages and realise the Group’s goals on cost reduction, profitable growth, technological advances, market and customer focus and organizational development.
  • REC satisfies the customers and strives to deliver high quality, short lead time and low cost, following reliable and standardized processes putting safety first.
  • REC has management systems, tools and training that secure continuous improvements of performance and risk management within quality and improvement.
  • REC management is committed to provide quality products through enabling the employees to integrate quality and improvement into all business activities.
  • REC includes quality and improvement considerations as part of the design, sourcing, manufacturing, delivery, handling, usage, recovery, recycling and disposal of its products.
  • REC practices internal control by setting objectives, monitoring performance, reporting results and executing audits.
  • REC communicates this quality and improvement policy to all persons working under the control of the company.
  • REC reports on its quality and improvement policy and performance publicly.
  • REC operates in compliance with national legislation and applicable external requirements related to quality and improvement aspects of its activities.
  • REC encourages business partners to implement quality and improvement practices in line with this policy.

ENVIRONMENT AND CLIMATE POLICY

  • REC is committed to maximize the positive contribution from renewable and climate-friendly solar energy at affordable prices globally. This includes minimizing the energy payback time of its products, minimizing negative environmental impacts and carbon footprint as well as preventing pollution from all business activities and products.
  • REC has management systems, tools and training that secure continuous improvements of performance and risk management within environment and climate.
  • REC management is committed to provide environment- and climate-friendly products through enabling the employees to integrate environment and climate into all business activities.
  • REC includes environmental considerations as part of the design, sourcing,manufacturing, delivery, handling, usage, recovery, recycling and disposal of its products.
  • REC practices internal control by setting objectives, monitoring performance, reporting results and executing audits.
  • REC has emergency preparedness plans also in order to prevent and mitigate negative consequences on the environment and climate.
  • REC communicates this environmental and climate policy to all persons working under the control of the company.
  • REC reports on its environmental policy and performance publicly.
  • REC operates in compliance with national legislation and applicable external requirements related to the environmental aspects of its activities.
  • REC encourages business partners to implement environment- and climatefriendly practices in line with this policy.

Liability disclaimer: None of the provisions in these policies are intended to create any right(s) enforceable against REC Renewable Energy Corporation.