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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.

本行為準則(下稱「準則」)旨在指引 Vertiv Holdings Co 及其世界各地的關係企業(通稱「Vertiv」)的全體 員工和董事會成員(下稱「董事會成員」)如何經營業 務。本準則概述了我們期望 Vertiv 每位團隊成員都能做 到的行為和舉止,以求所有與 Vertiv 往來的人都能持續 信賴我們秉持的誠信。除本準則另有說明外,「員工」一 詞應包括主管。

Report an Ethics Violation

 
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).

Rob Johnson
Vertiv CEO
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在 Vertiv,無論我們身在何處,我們做生意時始終致力於遵守 所有適用的法律,並尊重同仁、客戶和我們經營的社群。這個原 則的核心是我們的企業行為準則。

Vertiv 行為準則規範著我們與 所有內外部利害關係人的關係,旨在指引全球所有 Vertiv 員工和 董事會成員了解我們的經營方式。本準則概述了我們期望 Vertiv 的所有成員都能做到的行為和舉止,以求所有與我們往來的人都 能有自信地遵循相同的標準,並始終信賴我們的良好聲譽。為了 提升我們的企業文化,不遵守適用法律或未秉持誠信行事的個人 不會得到公司的支持。總之,我們重視所有人的觀點,希望能以 尊重和開放式溝通為基礎,持續創造安全高效的環境。

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Anti-Corruption

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.

Anti-Corruption and Fair Competition Statement – July 2021

Fair Competition

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.
Stephanie Gill
Chief Legal Officer
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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.

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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.

Supplier Code of Conduct (PDF - English)

Supplier Code of Conduct (PDF - Mandarin)

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. 

Statement on Efforts to Combat Slavery and Human Trafficking

Human Rights Policy

Conflict Minerals

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.

Conflict Minerals Report

Robert Heine
供應鏈解決方案董事
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所有 Vertiv 供應商都必須遵守我們的供應商行為準則,並遵守當地法律法規。為要使 Vertiv 超越客戶期望,每個供應商都必須積極支援 Vertiv 的價值觀,並將其擴展至自己的供應鏈。我們將繼續教育我們的供應商和員工,並參與產業團隊以促進供應鏈的可見性和可靠性。

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Corporate Social Responsibility

Vertiv respects the dignity and human rights of individuals and requires that our suppliers and business partners do the same.  Vertiv fully supports and seeks to adhere to the principles of both the United Nations Global Compact and Universal Declaration of Human Rights.

  • We do not accept forced, indentured, or prison labor.
  • We comply with local minimum age laws and requirements and do not employ child labor.
  • We protect our employees from harassment and an offensive or hostile work environment.
  • We will promptly investigate any reports of discrimination, harassment, or workplace violence and promptly take corrective action.
  • We encourage employees who observe or experience discrimination, harassment, or workplace violence to report such behavior to management or the Vertiv global ethics hotline.
  • We do not permit retaliation against employees that report incidents of discrimination, harassment, or workplace violence in good faith.

Vertiv's Commitment to Sustainability

  • We improve product performance to help customers meet their objectives for conserving energy and water and reducing carbon footprint.
  • We implement processes and innovations in our facilities to conserve energy, water and other resources and reduce greenhouse gas emissions.
  • We comply with all applicable laws and regulations and seek to reduce and, where possible, eliminate hazardous waste through source reduction and recycling.
  • We conduct regular training to ensure our employees’ knowledge of updated laws and regulations, pollution-prevention and waste-minimization practices, and technological developments.
  • We audit our operations to confirm compliance with these principles.

Learn more about our commitment to sustainability.

A Commitment to Diversity

At Vertiv, we are a company engineered to deliver solutions for critical technologies.  And those solutions often come from having a variety of viewpoints and perspectives at the table.  So it should come as no surprise that there's a spirit of inclusion found in everything we do.  Having a wider range of experiences to draw from doesn't just make us a diverse company.  It makes us a better company.

Vertiv works hard to create a global workplace that supports and promotes diversity, embraces inclusion and cultivates respect for the individual.  We believe that bringing together bright, enthusiastic, and talented people from various backgrounds promotes the birth of new ideas and an exciting energy level.

As a result, we have an active program to recruit and hire women and minorities to our management ranks.  We seek to create an employer of choice environment in terms of promotions, transfers, compensation, benefits, career mentoring, company-sponsored training, tuition assistance and social and recreational programs for our employees.

Vertiv's Equal Employment Opportunity policy ensures that there will be no discrimination or harassment against an employee or applicant on the grounds of race, color, religion, sex, sexual orientation, gender identity, age, disability, national origin, veteran status or any other factor considered unlawful by applicable laws and regulations.

Quality

Vertiv's world-class leadership and focus on corporate responsibility are embodied in our continual enhancements to our quality management systems: https://www.vertiv.com/en-us/support/quality-policy-and-certifications/ 

Dan Rapp
Director Manufacturing & Environmental Safety
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The mission of Vertiv’s EHS Team is to protect Vertiv and Vertiv’s employees from environmental, health, and safety risks so they can be prosperous and achieve their goals.

A robust ESG (Environmental, Social, and Governance) system is critical to that mission while allowing Vertiv to be both commercially successful and socially responsible.

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