Vertiv Pillars of Ethics & Compliance
At Vertiv, we are committed to doing business in accordance with the highest ethical standards, and we do that through living our core values.
O presente Código de Conduta (o nosso “Código”) tem por finalidade orientar todos os funcionários e membros do conselho de administração (“Membros do Conselho”) da Vertiv Holdings Co e respetivas empresas afiliadas (coletivamente, “Vertiv”) em todo o mundo sobre a forma como conduzimos negócios. Este Código define as ações e comportamentos expectáveis por parte de todos os membros da equipa Vertiv, para que todos os que interagem com a Vertiv possam consistentemente confiar na nossa integridade. Salvo indicado em contrário no presente Código, o termo “funcionários” inclui os respetivos responsáveis.
Code of Ethics (German)
*Updates pending for Vertiv Integrated System GmbH and Vertiv GmbH.
Revised Code of Conduct
On November 24, 2021, the Company amended the Vertiv Code of Conduct (formerly titled the Vertiv Code of Ethics). This amendment did not change the values and principles of the Code; rather the Company revised the Code to:
- Reorganize the Code so as to more effectively group key concepts together to further enhance reader experience;
- Expand certain sections that are exceptionally nuanced and that continue to evolve from a regulatory perspective, to provide current guidance and additional real world examples;
- Provide additional specificity in certain sections based on the Company’s continued growth and areas of operational focus; and
- Further emphasize certain concepts that are important to the Company’s core values, including diversity and equal opportunity, corporate social responsibility, and protection against company waste of assets.
The updated Vertiv Code of Conduct has become effective for all Vertiv subsidiaries except for Vertiv Integrated System GmbH and Vertiv GmbH (both pending local approval). The full text of the Code has been posted to the Company’s website (http://www.vertiv.com).
Na Vertiv, procuramos sempre fazer negócios, seja onde for que estejamos no mundo, em conformidade com todas as leis aplicáveis e de uma forma que respeite os nossos funcionários, os nossos clientes e as comunidades nas quais operamos. A base desse princípio é o nosso Código de Conduta da empresa.
O Código de Conduta da Vertiv rege as nossas relações com todas as nossas partes interessadas, tanto interna como externamente. Foi concebido para orientar todos os funcionários da Vertiv e membros do nosso conselho de administração em todo o mundo sobre a forma como fazemos negócios. Este Código define as ações e comportamentos que são esperados de cada pessoa na Vertiv, para que todos os que interagem connosco o possam fazer com confiança e possam consistentemente acreditar na nossa sólida reputação. De forma consistente com o reforço da nossa cultura empresarial, não prestaremos apoio a indivíduos que não cumpram as leis aplicáveis ou que não sejam íntegros nas suas ações. Em última análise, queremos continuar a criar um ambiente seguro e produtivo, baseado no respeito e em comunicação franca, uma vez que valorizamos as opiniões de todos.
Vertiv has established internal policies and controls that enforce compliance by all employees, officers, and directors with the U.S. Foreign Corrupt Practices Act, U.K. Bribery Act, the Brazil Clean Company Act 2014 (Law No. 12,846), and related anti-corruption laws of the countries in which we do business. Vertiv employees, officers, and directors are prohibited from directly or indirectly offering, giving, soliciting, or receiving any form of bribe, kickback, or other corrupt payment, or anything of value, to or from any person or organization, including government agencies, individual government officials, and private companies or their employees under any circumstances. This prohibition applies worldwide, with no exception to perceived customs, local practices, or competitive conditions. Further, this prohibition applies equally to any person or company acting on Vertiv’s behalf, such as sales agents, distributors, representatives, service providers, contractors, suppliers, and joint venture partners.
Vertiv will succeed by its employees, officers, and directors competing fairly and living by the Vertiv core values. Representatives of Vertiv may not:
- discuss directly with a competitor of Vertiv any pricing or product information, such as manufacturing cost, production capacity, product roadmaps, bidding practices, or any nonpublic business information of Vertiv;
- use any improper means to obtain a competitor’s confidential information or trade secrets;
- knowingly use a competitor’s confidential information or trade secrets without express written permission from such competitor;
- use negative selling techniques, such as disparaging competitors by using false statements; or
- use tactics to eliminate competition in markets where Vertiv is a leader, such as selling below cost.
Vertiv is committed to conducting business fairly, responsibly, and in compliance with law in each country in which we operate.
We demand honest and ethical business practices from our employees, officers, and directors, as well as our distributors, agents, and business partners throughout the world.
Supplier Code of Conduct
Vertiv expects its suppliers to project its values and principles, to stay current with technology, to act with integrity, and to treat people and the environment with respect. These actions reflect Vertiv’s priorities. In this way, we partner with only the highest caliber suppliers that demonstrate social responsibility and a commitment to fairness and honesty.
Vertiv has established a Supplier Code of Conduct and we expect each supplier to adhere to its principles. Vertiv may discontinue its relationship with a supplier that fails to comply with the Supplier Code of Conduct.
Efforts to Prevent Slavery and Human Trafficking
Vertiv is committed to complying with all applicable laws and employment regulations where we operate and does not engage in forced labor or human trafficking. Vertiv’s policies oppose—and we prohibit our suppliers from using—any form of forced, bonded, or indentured labor.
Vertiv supports efforts to end the human suffering and environmental impact that have been associated with mining in the Democratic Republic of Congo (DRC) and adjoining countries. Tracing the origins of minerals throughout a global supply chain is a complex process, and this can only be accomplished with the cooperation and support of a vast number of industries and stakeholders.
Vertiv continues to work with its suppliers and other stakeholders to develop and implement policies and systems to reduce the risk that minerals in our supply chain come from mines that finance or benefit armed groups in the DRC region, and Vertiv expects our supply base to acquire minerals from responsible sources.
All Vertiv suppliers must adhere to our Supplier Code of Conduct and abide by local laws and regulations.
For Vertiv to exceed its customers’ expectations, each supplier must actively support Vertiv’s values and extend them into its own supply chain. We will continue to educate our suppliers and employees and participate in industry groups to promote supply chain visibility and accountability.