Code of Conduct

Myllykoski Corporation recognizes that its own long-term interests and those of its stakeholders depend on compliance with the highest standards of ethical conduct and applicable law.

Myllykoski Corporation and every Myllykoski Group company and Alliance Partner Rhein Papier GmbH (hereinafter “Myllykoski”) employee is expected to conduct himself or herself in line with this code without exception. If more detailed guidelines or instructions are needed and appropriate they need to be in full compliance with this Code of Conduct.

Our values

Flexibility:
We like new challenges and look for new opportunities. If our standard solutions are not sufficient, then we create new ones. Win-win situations are always expected.

Customer Intimacy:
We want to be knowledgeable of the changing business needs of our customers in all possible aspects. Customers’ detailed needs are at the centre of our attention.

Reliability:
We rely on and are open with each other. We believe in our international group power and strive for fast decision making. We accept differences.

Ethics and Law

Myllykoski is committed to the highest standards of ethical conduct, and full compliance with all applicable laws. This includes, for example, those relating to competition law, corporate governance, preventing bribery, illicit payments and corruption, product safety, labor laws and practices, the environment, human rights laws and internationally recognized standards.

Myllykoski’s goal is to practice good corporate citizenship wherever it conducts business.

Human Rights

Myllykoski respects and promotes human rights. Myllykoski recognizes, along with the international community, that certain human rights are to be considered fundamental and universal, based on accepted international laws and practices.

Among those rights that Myllykoski views as fundamental and universal are: freedom from any discrimination based on race, creed, color, nationality, ethnic origin, age, religion, gender, sexual orientation, marital status, connections with a national minority, disability, or other status as well as freedom of peaceful assembly and association, freedom of thought, conscience and religion and freedom of opinion and expression.

Myllykoski is committed to equality of opportunity in all its employment practices, policies and rules.

Conflicts of Interest, Gifts and Bribes

Myllykoski employees must avoid any activity that leads to a conflict of interest. This includes, but is not limited to the acceptance and giving of personal gifts or hospitality to or from Myllykoski stakeholders, other than gifts of reasonable hospitality given in the ordinary course of business. Any agreement or understanding regarding favors or benefits in exchange for gifts must be avoided. Myllykoski and its employees will not pay or offer to pay bribes or other illicit payments to government officials or candidates or other parties, in order to obtain or retain business.

Workplace Practices

Myllykoski employees promote individual responsibility, communication, teamwork, and the strength that comes from diversity. Myllykoski strives to provide fair labor conditions, and provide a safe and healthy workplace for employees. Myllykoski is committed to equality of opportunity in all its employment practices, policies and procedures. Job requirements fulfilled, no employee or potential employee will, therefore, receive less favorable treatment due to their race, creed, color, nationality, ethnic origin, age, religion, gender, sexual orientation, marital status, connections with a national minority, opinion, disability, membership or non-membership of a trade union. Myllykoski will continue to invest in the personal and professional learning and growth of Myllykoski’s employees.

Environment

Environmental issues are managed throughout the supply chain according to agreed internal policies and goals and quality and environmental management systems. Compliance with the permit conditions is actively monitored and corrective actions are taken where necessary. Continuous improvement includes annual target setting and monitoring of progress and involves all organizational levels.

The need for sustainable development is taken into consideration in all phases of production. In the planning of products and production processes, attention is paid to comprehensive safety, efficient use of energy and raw materials, minimizing environmental effects, recycling and safe disposal of wastes.

Myllykoski views sustainable resource management as an important part of its business. This is demonstrated by the use of recovered fiber and the supply of wood fiber from legal and sustainable sources.

Competition laws

The competition laws are a critical part of the global business environment in which Myllykoski operates. They govern a wide range of Myllykoski’s business activities, including setting prices, purchasing, selling and marketing goods.

All employees of Myllykoski comply with all applicable competition laws, policies and treaties, as well as competition law decrees, orders and undertakings affecting Myllykoski and its employees. In everyday work this means that employees do not propose or enter into any illegal agreements or understandings, express or implied, formal or informal, written or oral with any competitor regarding any aspect of the competition between Myllykoski and the competitor for sales to third parties. Myllykoski maintains adequate compliance programs and training for its employees.

Implementation

The compliance commitment in this Code of Conduct extends to all matters, including decisions relating to trade, investment, subcontracting, supplying, business development, and in all other business and employment relationships. Myllykoski’s approach to implementing this Code of Conduct is active, open and ethically sound.

It is the responsibility of each Myllykoski employee to promote this Code. Questions about the application or meaning of any provisions of this Code, or potential violations of the Code are to be reported to superiors. Where serious allegations are concerned, fair and comprehensive investigations will be conducted by those in line management closest to the issue. If this is inappropriate, more senior managers should be notified.

Acts inconsistent with this Code must be promptly corrected and are subject to disciplinary action up to and including termination of employment. Myllykoski will ensure that there will be no adverse work-related consequences as a result of an employee bringing complaints of violations of this Code.

Myllykoski regularly reviews this Code of Conduct and is committed to developing its content and ensuring implementation when internal or external circumstances or need for further clarification so demand.