ofi operates in many different countries. Where local law and regulations conflict with the Code, you must comply with whichever sets the highest standard i.e., if the Code sets a higher standard, you must apply the Code and vice versa. Where local law is stricter than the Code, ofi’s local policies and procedures must comply with these enhanced local standards. If, by following the Code, you believe you have to breach local law or you are unclear on what to do, consult with LEGAL.
ofi opposes the unlawful restriction of competition, including formal or informal cartels. Examples on non-competitive behavior include discussing prices, volumes, business strategy, anticipated crop yields etc. with third party suppliers, customers, and competitors in the context of industry association participation, sales and distribution relationships and pre-M&A due diligence, as this can lead to accusations of price fixing and unfair competition. Investigations by competition authorities may result in significant fines, costs, and compensation claims by our customers and competitors. It can also seriously damage our reputation and commercial relationships. Criminal sanctions for individuals, including imprisonment may also apply.
ofi makes sure its workplaces are built around well-being, equality, inclusion, and trust. That means we must take a proactive approach to protect the rights of people in all our workplaces.
We commit to protecting ofi’s reputation and other tangible and intangible assets. We do so to better serve our customers and preserve value for our investors and other stakeholders. Consequently, all we do in this regard will be in full compliance with the applicable law.
We encourage all employees and anyone outside of the company who suspects wrongdoing to speak out!