Integrity is the foundation of what we do
Is the foundation of all we do? It is a constant. Those with whom we work, live and serve can rely on us. We align our actions with our words and deliver what we promise. We build and strengthen our reputation through trust. We do not improperly influence others or let them improperly influence us. We are respectful and behave in an open and honest manner. In short, the reputation of our company reflects the ethical performance of the people who work here.
We put Integrity in action when…
We are honest and act with integrity
We hold ourselves to the highest standard of integrity and ethical behavior. We tell the truth. We promise only what we can reasonably expect to deliver. We strive to keep our commitments. Our company’s, customers, dealers, distributors, those with whom we do business and our fellow employees must be able to trust what we say and to believe that we will always keep our word.
We Avoid and Manage Conflicts and Potential Conflicts of Interest
We must not engage in activities that create, or even appear to create, conflict between our personal interests and the interests of the company. These situations arise where a personal interest or family or other relationship makes it difficult for an individual to represent the company fully and fairly. Conflicts of interest can arise in any part of operations. The most serious conflicts of interest usually arise where an employee or former employee has authority to spend the company’s money, has authority to hire or engage a person outside the company or has information that could be valuable to a person outside the company. A conflict of interest or the appearance of a conflict of interest very often arises when an employee is offered a gift, favor or entertainment. While some of this activity is part of a normal business relationship, we do not accept gifts, favors that have a value greater than we could reasonably reciprocate or that obligate or appear to obligate us to act in any way contrary to the law, of IFI Industrial Forklift, Inc. Business interests or our ethical business practices.
We compete fairly
We believe that fair competition is fundamental to free enterprise. We observe antitrust and competition laws where we do business. In relationships with competitors, dealers, distributors, suppliers and customers, we avoid arrangements that restrict our ability to compete with others. We are not involved in any arrangements, understandings or agreements with competitors affecting prices, terms upon which products are sold, or the number and type of products manufactured or sold. We follow applicable import and export control laws when conducting business.
We Ensure Accuracy and Completeness of our Financial Reports and Accounting Records
Investors, creditors and others have a legitimate interest in our company’s financial and accounting information. The integrity of IFI Industrial Forklift, Inc. financial reports and accounting records is based on validity, accuracy, completeness, timeliness and understandability of basic information supporting entries to the company’s books of account. We will ensure every accounting or financial entry accurately reflects what is described by the supporting information. We expect employees involved in creating, processing or recording such information to be personally responsible for its integrity. The same standards of integrity that apply to external financial reporting also apply to the financial statements that are used as internal management tools.
We Are Fair, Honest and Open in Our Communications
We communicate with each other in a respectful, fair, honest and open manner. We keep investors, creditors, employees, dealers, distributors, suppliers and the general public informed on a timely basis through the public release of relevant and understandable financial and other information about our company. In releasing information about IFI Industrial Forklift, Inc. , we make every effort to ensure that full disclosure is made to everyone without preference or favoritism to any individual or group. We respond to public inquiries—including those from the news media, governments and others— with prompt, courteous, honest answers through members of our executive leadership and employees who are authorized to speak publicly on behalf of IFI Industrial Forklift Inc.
We Handle “Inside Information” Appropriately and Lawfully
Inside information may be defined as information about a company not known to the public. Such information—certain financial data, technical materials and future plans for example—may have significant value to others and therefore must be kept strictly confidential. Anyone who has “material” inside information about our company must not use it for personal gain or provide it to others. Information is “material” if an investor would consider it important in making an investment in our company or in another organization. A IFI Industrial Forklift employee who has undisclosed information about a supplier, customer or competitor should not trade in that company’s stock, nor should an employee advise others to do so. We expect all employees, their families and others whose relationships with IFI Industrial Forklift give them access to such information to comply with these principles.
We Refuse to Make Improper Payments.
In dealing with public officials, other corporations and private citizens, we firmly adhere to ethical business practices. We will not seek to influence others, either directly or indirectly, by paying bribes or kickbacks, or by any other measure that is unethical or that will tarnish our reputation for honesty and integrity. Even the appearance of such conduct must be avoided.