Securency’s commitment to integrity and ethical behaviour
16 September 2011
Securency has an absolute commitment to operate to the highest standards of integrity and ethical behaviour. It is our ambition to be the role model others in our industry look to. This commitment is founded on our core belief that profitable business, ethical behaviour and high integrity are all compatible and mutually supportive goals.
Every Securency director, employee, contractor, business partner and third party consultant working on the firm’s behalf is required to:
- Behave with integrity in all matters.
- Fully and consistently comply with all local laws and regulations wherever we operate.
- Compete fairly & vigorously for business with full regard for the laws that promote competition.
- Never provide gifts, payments or other inducements in order to influence the actions of another person or entity.
- Never solicit or accept any form of bribe or anything that could be construed as a bribe.
- Report all matters involving an actual, potential or suspected breach of Securency’s Ethics & Integrity policy.
- Uphold the highest personal ethical standards in all matters including the use of company resources, honest and accurate reporting and the treatment of other people.
- At all times behave without the use of harassment, intimidation or discrimination.
Supervisors and managers must take all reasonable steps to ensure that the people for whom they are responsible are aware of and uphold the behaviours in our Code of Conduct. This includes:
- Consistently demonstrating exemplary behaviour.
- Undertaking activities to foster a culture in which employees understand their responsibilities and feel comfortable about raising concerns without fear of retaliation.
- Making certain that mandatory Company policies, standards and procedures are accessible and understood.
- Responding promptly and seriously to employees’ legitimate concerns and questions about business conduct issues and seeking further assistance if required.
- Establishing internal processes that address risk areas in relation to business conduct and ensuring that actual or potential breaches are appropriately investigated and handled.
- Encourage the reporting of all business conduct breaches to a Risk & Compliance representative or through the Whistleblower process.
- Taking or recommending appropriate actions to address business conduct issues.
If staff are in doubt about what to do or whether to speak up, we apply some simple questions:
The values test: Does it fit with the values in our Code of Conduct?
The law test: Does it fit with my personal values?
The conscience test: “There is no doubt that staff have suffered through this period. They are tremendously proud of this business and its world class product which is Guardian banknote substrate. Every indication to me in 2011 is that rather than feeling alienated and divided, our staff has rallied together,” he says.
The newspaper test: If the story appeared in the paper, would I feel comfortable with the decision?
The family test: What would I tell my partner, parent or child to do?
The ’feel’ test: What’s my intuition or ‘gut feel’? If it ‘feels’ bad, then it probably is bad!
Failing any of the above tests, staff are instructed to talk with a colleague or Geoff Bell, Securency’s Chief Risk and Compliance Officer about their concerns.
We do not consider these obligations to be negotiable.
They are the foundation of our long term success and our right to operate.
Securency International Pty Ltd is the recognised leader in banknote counterfeit prevention and specialises in the provision of secure and durable banknotes for client nations through the use of its world leading polymer-based product: Guardian® banknote substrate. Established in 1996, Securency International is a joint venture between the Reserve Bank of Australia (RBA) and Innovia Films.
