Core Values & Ethics
CRAFTLIPI Core Values:
- Deliver ‘WOW’ through Innovative Crafted Products
- Embrace and Drive Change
- Create Fun & Happiness in spaces & people around
- Be Adventurous, Creative, and Open-Minded
- Pursue Growth and Learn
- Build Open and Honest Relationships with clear Communication
- Build a Positive Team and Family Spirit
- Do More with Less
- Be Passionate and Determined
- Be Humble
CRAFTLIPI Code of Business Conduct and Ethics
In performing their job duties, CraftLipi employees & business partners /associates should always act lawfully, ethically, and in the best interests of CraftLipi. This Code of Business Conduct and Ethics (the "Code of Conduct") sets out basic guiding principles. Employees & Business Partners / Associates who are unsure whether their conduct or the conduct of their co-workers & partners complies with the Code of Conduct should contact their manager or higher authority. Employees & Business Partners / Associates may also report any suspected noncompliance to the top level authority or the partners of the company.
- Compliance with Laws, Rules and Regulations
Employees & Business Partners / Associates must follow applicable laws, rules and regulations at all times. Employees & Business Partners / Associates with questions about the applicability or interpretation of any law, rule or regulation, should contact the Legal Department.
- Conflicts of Interest
In performing their job duties, employees & business partners are expected to use their judgment to act, at all times and in all ways, in the best interests of CraftLipi. A "conflict of interest" exists when an employee's & business partner’s personal interest interferes with the best interests of CraftLipi. For example, a conflict of interest may occur when an employee or a family member or business associate receives a personal benefit as a result of his/her position with CraftLipi. A conflict of interest may also arise from an employee's business or personal relationship with a customer, supplier, competitor, business partner, or other employee, if that relationship impairs the employee's objective business judgment.
Because an employee's / associate’s receipt of gifts or services could create a conflict of interest, the Legal Partner will develop and maintain guidelines for disclosure of gifts or services received from customers, suppliers, competitors or business partners.
Employees & Business Associates should attempt to avoid conflicts of interest and employees / associates who believe a conflict of interest may exist should promptly notify the higher Authority. The Legal Partner will consider the facts and circumstances of the situation to decide whether corrective or mitigating action is appropriate.
III. Insider Trading Policy
Laws prohibit trading in securities by persons who have material information that is not generally known or available to the public.
Employees / Associates of the Company may not a) trade in stock or other securities while in possession of material non-public information or b) pass on material non-public information to others without express authorization by the Company or recommend to others that they trade in stock or other securities based on material non-public information.
The Company has adopted guidelines designed to implement this policy.
All employees / Associates / Partners are expected to review and follow the CraftLipi Insider Trading Guidelines. Certain employees / Associates / Partners must comply with trading windows and/or preclearance requirements when they trade CraftLipi.com securities.
- Discrimination and Harassment
CraftLipi provides equal opportunity in all aspects of employment and will not tolerate any illegal discrimination or harassment of any kind.
In order to provide equal employment and advancement opportunity to all individuals, employment decisions at CraftLipi will be based on merit, qualification, attitude and abilities.
This policy governs all aspects of employment including selection, job assignment, compensation, discipline, termination and access to benefits and training.
Any employees with question or concern about any type of discrimination in the work place are encouraged to bring those issues to the attention of the Higher Authority / Business Owners.
Anyone found to be engaging in any type of unlawful discrimination will be subject to disciplinary action, up to and including termination of employment.
- Health and Safety
CraftLipi provides a clean, safe and healthy work environment. Each employee & Associate has responsibility for maintaining a safe and healthy workplace by following safety and health rules and practices and reporting accidents, injuries and unsafe conditions, procedures, or behaviours.
Violence and threatening behaviour are not permitted. Employees & Associates must report to work in a condition to perform their duties, free from the influence of illegal drugs or alcohol.
- Price Fixing
Employees & Associates may not discuss prices or make any formal or informal agreement with any competitor regarding prices, discounts, business terms, or the market segments and channels in which the Company competes, where the purpose or result of such discussion or agreement would be inconsistent with applicable antitrust laws. If you have any questions about this section or the applicable antitrust laws, please contact the Higher Authority.
VII. Bribery; Payments to Government Personnel
Employees & Associates / Business Partners must not bribe anyone for any reason, whether in dealings with governments or the private sector. Government laws prohibit offering or giving anything of value, directly or indirectly, to government officials in order to obtain or retain business. Employees / Associates / Business Partners must not make illegal payments to government officials themselves or through a third party. Employees / Associates / Business Partners who are conducting business with the government officials of any country must contact the Legal Partner of CraftLipi for guidance on the law governing payments and gifts to governmental officials.
VIII. Recordkeeping, Reporting, and Financial Integrity
CraftLipi’s books, records, accounts and financial statements must be maintained in appropriate detail, must properly reflect the Company's transactions and must conform both to applicable law and to the Company's system of internal controls. Further, Craftlipi’s public financial reports must contain full, fair, accurate, timely and understandable disclosure as required by law. The Company's financial, accounting and legal groups are responsible for procedures designed to assure proper internal and disclosure controls, and all employees / Associates should cooperate with these procedures.
- Questions; Reporting Violations
Employees / Associates should speak with anyone in their management chain or the Legal Partner when they have a question about the application of the Code of Conduct or when in doubt about how to properly act in a particular situation.
CraftLipi will not allow retaliation against an employee / associate for reporting misconduct by others in good faith. Employees / Associates must cooperate in internal investigations of potential or alleged misconduct.
Employees who violate the Code of Conduct will be subject to disciplinary action up to and including discharge.
- Owners / Managing Partner / Partners
With respect to their service on behalf of the Company, CraftLipi’s Managing Partners & Partners must comply with the relevant provisions of this Code of Conduct, including conflicts of interest, insider trading and compliance with all applicable laws, rules and regulations.