Ethical Business Conduct and Corporate Responsibility
Acting responsibly is not just the right thing to do… Acting responsibly is part of who we are, and it’s critical to our long-term success.
Expertise that knows no bounds
Our commitment to corporate responsibility goes well beyond our own areas of activity — we want businesses in all sectors to benefit from our expertise.
We set ourselves apart from the competition in various ways.
The Overwave Labs corporate responsibility policy serves three main purposes:
-It sets us apart from the competition by giving customers and shareholders the transparency they demand .
-It helps us find new ways to innovate.
-It provides a way to anticipate risks that could damage our business.
Our reputation is our most valuable possession
In an interconnected, interdependent world, a company’s reputation is critical. So it’s not surprising that our company will do everything in its power to be seen as a stable and dependable partner.
A Company-wide Risk Management System
The goal is to identify potential problems early so we can prevent them from occurring. Our employees are the people who put our principles into practice, so we make sure everything is in place to help them support the risk prevention effort:
-rules and procedures
-strict export controls
-ethics alert facility
More Effective Controls
Audits, self-assessments and surveys are central to our risk management department. They help us pinpoint any weak links in the system and close potential loopholes. When a problem is discovered, we take immediate action.
How to be a Responsible Purchaser
Our primary concern is to forge lasting relationships with our suppliers based on transparency and respect. Before they are even selected, all potential suppliers are treated fairly and our selection process is transparent. Once a contract has been signed, we scrupulously adhere to the terms and conditions, including payment deadlines and protection of intellectual property rights.
There’s no point in having a corporate responsibility policy if we use disreputable suppliers. When choosing our partners, we assess their level of commitment to ethical issues as well as the quality and cost of their proposals.
Supporting smaller Businesses
We don’t discriminate against smaller businesses — quite the contrary, in fact.
Our employees are the most important reason behind our global leadership in our markets. Overwave Labs offers a range of skills development opportunities to help staff to grow professionally and improve their employability:
Sharing the rewards
Our pay policy reflects that fact, rewarding employees on both individual and collective performance.
Health and safety
Overwave Labs implements a range of measures to ensure the health and safety of its employees.
Equality and diversity
Our goal is to match our market leadership with a best-in-class recruitment policy. We hire people from a variety of backgrounds and take active steps to fight all forms of discrimination, which means avoiding any discrimination on the grounds of origins, sex, sexual orientation, age, political or religious opinions, union membership or personal disabilities.
Strength in diversity
We actively promote interaction between staff members with different backgrounds, cultures and experiences — not just to boost our image as a multicultural company, but because diversity and cohesion translate into better performance.
Overwave labs offers employment opportunities for disabled people, even in countries where this is not required by law.
Bringing the generations together
Active partnerships with universities, business schools and engineering schools form the bedrock of a long-term policy aimed at attracting and retaining young graduates.
Age is never a factor in our recruitment decisions. In fact, all references to age and date of birth have been removed from the databases used by our HR departments.