Explain the unified code of conduct for business (integrity initiative) Empinter150 Chapter 10prorinditheTop ManagementOur top management leads by example by consistently demonstrating thevalue of conducting business with integrity.Our officers strongly communicate our organization's position againstbribery, corruption and unethical business practices within the companyand the broader public; comply with all the requirements of governmentregulatory 'bodies; and prohibit cover-ups and falsified reports thatconceal improper transactions.We(asfoFinance• Management strongly supports integrity practices and allocates sufficientresources for their. implementation.Human ResourcesWe strive to instill culture of integrity among our employees. Themanagement maintains open lines of communication with employees,particularly on matters relating to honesty, transparency and integrity inbusiness transactions.ProcIn the spirit of fairness and due process, all employees have the right tofile and respond to complaints against practices suspected to be illegal orunethical.We have appropriate tools to confidentially receive, monitor, and act oninternal and external complaints.Employees filing complaints will be protected from all types ofretaliation, while those involved in unethical practices will be subject tocommensurate disciplinary actions.We have instituted training programs on business ethics covering alllevels of the organization.Sales and MarketingWe clearly communicate rules and guidelines on giving gifts,entertainment, tokens of hospitality, and contributions to/from public andprivate organizations and their representatives. Employees and all third parties engaged by our company to act as ourpromise, or give, as well as demand or accept concessions-directly orInitiatives to Improve Business Ethics and Reduce Corruption151intermediaries, agents or representatives are not permitted to offer.directly- in order to obtain, retain, or secure any undue advantage inthe conduct of business.We abide by existing laws when transacting with government agencieslas stipulated under RA 6713- Code of Conduct and Ethical StandardsCor Public Officials and Employees and RA 3019 Anti-Graft andCorrupt Practices Act).Finance and AccountingWe require all our employees to ensure that all books and records thevcreate or are responsible for are complete and accurate.Our financial records conform to standard accounting principles, complywith Securities and Exchange Commission requirements on disclosureand transparency, and abide by anti-money laundering laws (RA 9160)and international conventions.We pay taxes in compliance with all laws,ProcurementA track record of integrity and compliance with existing laws is aprerequisite whenintermediaries, and agents. Our company has transparent procurementprocedures, provides equal opportunities for all suppliers, and prohibits,collusion between and among our employees and suppliers.wevet third party consultants, suppliers,Recognizing that the Integrity Initiative is sustained through widelyshared ethical practices within the business community, we enter intointegrity pacts with our suppliers and ensure that they comply with theprovisions of our pact.• Contracting a third party to bribe or commit corrupt practices on behalfof the company is strictly prohibited,

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In simple words, business ethics are moral principles and values that all the businesses are…