Our Code of Conduct describes the operating methods and values accepted by Loihde, as well as the company’s commitment to compliance with laws, official regulations and ethically sound principles. The operating guidelines aim to ensure that all of those employed by Loihde act responsibly and with respect for others. The Code of Conduct helps us choose the right way to act in situations that require our personal discretion and to improve the transparency of our operations in relation to our stakeholders. We also require our partners to comply with equivalent ethically sound principles, and this is taken into account in the selection of said partners.
Trust plays a key role
Our Code of Conduct also includes an anti-corruption and anti-bribery policy, which defines the rules and restrictions concerning gifts and hospitality.
In 2021, we introduced an anonymous whistleblowing channel for reporting abuse or unethical behaviour. The channel is open to both personnel and external stakeholders.
We operate in sectors where trust is key. For many of our customers, data is one of the most important assets. The customer trusts us with their data for processing or protection purposes. Whether the data belongs to our customers, employees or other stakeholders, we want to demonstrate our worthiness of their trust by processing data appropriately and in compliance with relevant laws and regulations, such as the EU’s General Data Protection Regulation.
In Loihde’s administration, we voluntarily follow all of the recommendations in the Finnish Securities Market Association’s Corporate Governance Code, even though it is not required of First North companies.