Code of Ethics
Tilcomp is a well-established organization which regards commitment to ethical values.
Integrity, responsibility, and respect for individual rights are fundamental to the company’s affairs with its employees, suppliers, customers, shareholders and all other stakeholders. The Company is aware of its social and economic roles as a corporate citizen and takes economic and social development into account while carrying out its operations.
In this framework, ethical principles that embraces the Tilcomp Corporate Governance, are defined as follows:
Integrity
Integrity is essential to all internal and external affairs and processes of the organization.
Confidentiality
All employees are obliged to keep confidential any information of which they are aware of regarding related parties and other employees. This information shall be used only in compliance with laws and regulations and shared only with authorized persons. This liability shall continue even after the termination of an employee’s connection with the company.
All information and documents, trade secrets, financial and other information not disclosed to the public, personnel information, and confidential information included in the agreements signed with third parties are treated as trade secrets to be protected.
Tilcomp shows the ultimate attention to the protection of personal information of all stakeholders. The company does not interfere with the personal lives of its employees. Personal information of staff members shall be used only in case of necessity by authorized persons and within the limits of pre-defined authority.
The company shall take the necessary measures to protect all documents and confidential information that employees access due to their positions or in performing their tasks, even after termination of the employment relationship. The company signs non-disclosure agreements with lawyers, independent auditors, tax advisors, credit rating agencies, and other service providers who have access to company information for business purposes.
Conflict of Interest
Possible instances of conflict between individual interests and the interests of the company or its related parties shall be monitored and avoided. Employees must prioritize the interests of the organization above anything else and avoid any action or behavior in fulfilling their responsibilities that could serve their personal interest or the interests of their relatives, using the organization’s resources or reputation. Company employees shall make the utmost effort to avoid abusing the organization’s resources and to protect the name and reputation of the Company.
Our Responsibilities
The Company shall pay the maximum attention to fulfilling its responsibilities, which are listed below, towards its customers, employees, suppliers and business partners, competitors, environment, all its stakeholders and society.
Responsibility for Compliance with Laws and Regulations
The Company, its employees and contractors are obliged to carry out all activities in accordance with the laws and legislations of the country where they operate in, both in-country and abroad. It is forbidden for the Company's employees and contractors to make financial or in-kind political donations or contributions on behalf of the Company in any of the markets they operate.
All forms of bribery are prohibited, under any name.
It is forbidden to conduct payments of any kind to public officials to facilitate and speed up Company’s operations.
Information, documents, and records regarding these operations shall be kept on a regular basis, shall be complete and safely stored. Any type of report, presentation, financial statement, or explanatory notes to be disclosed to the public or presented to authorities by the company shall be prepared accurately and transparently with maximum attention to laws, regulations, and company policies.
Responsibilities Toward Customers
The employees are aware of their responsibilities to meet the expectations of customers and satisfy them with high quality of service. Customers shall be served professionally with commitment to the principles of integrity and fairness. The employees shall strive to understand the needs of customers and assist them with motivation and respect.
Responsibilities Toward Employees
The Company shall treat all employees impartially, fairly, and without prejudice and create a safe, healthy, and efficient work environment. The company provides equal employment opportunities and does not discriminate based on race, religion, gender, task, or title in hiring or career development. The Company seeks to provide personal development opportunities that positively affect employee performance. Employees’ rights arising from relevant regulations shall be fulfilled promptly and accurately.
Responsibilities Toward Suppliers and Business Partners
The Company shall treat its suppliers and business partners with integrity, respect, and in good faith, and shall comply with its legal obligations.
Responsibilities Toward Competitors
Tilcomp takes the utmost care to ensure the development of the sectors in which it operates, to pursue common interests together with all players in those sectors and to protect trust in those sectors. The company avoids unfair competition and acts within the framework of ethical rules and fair competition principles.
Responsibilities Toward Environment and Societ
The company operated with awareness toward social benefit and environmental awareness, and aims to reach the highest standards of environmental awareness. The company avoids violation of environmental rules that might damage the health or rights of employees, customers, and people living in the areas where it operates. In all its activities, the company aims to minimize potential adverse effects of its operations on the environment and takes measures to prevent pollution. Consumption of natural resources shall be kept to minimum possible levels
Within the framework of its social responsibilities, Tilcomp supports education and social responsibility projects, as well as activities to increase environmental and cultural awareness and benefit the public. The Company shall be sensitive to the traditions and cultures of the countries in which it operates, adapt to social structures, and avoid any action that may have a negative impact on the social environment.