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Hoge Eng West 28, 3882 TR Putten, The Netherlands

Code of Conduct

Introduction

Betalight is dedicated to maintaining the highest standards of ethics, integrity, and responsibility in all our operations. Our Code of Conduct serves as a framework to ensure that all employees, contractors, partners, and representatives uphold these principles, fostering a sustainable and ethical work environment.

The purpose of this Code is to promote ethical behavior within Betalight by providing clear guidelines. Acting with integrity helps us build trust within our organization and with our customers and stakeholders.


1. Scope

This Code of Conduct applies to all employees and, where feasible, extends to our customers and supply chain partners.


2. Continuous Improvement

Every Betalight employee is expected to adhere to the Code of Conduct and strive to enhance processes where improvements are needed.


3. Management, Monitoring, and Evaluation

Our management system is designed to identify and address any challenges in implementing the Code. This is a continuous process monitored through regular audits, including compliance with ISO 9001:2015 standards.


4. Reporting Violations

Employees are encouraged to report any violations of the Code of Conduct to Betalight’s designated confidential counselor.


Core Principles

Integrity and Ethics

We conduct business with honesty, fairness, and transparency by:

  • Upholding the highest standards of integrity in all interactions.
  • Avoiding conflicts of interest and disclosing any potential issues promptly.
  • Respecting confidentiality and safeguarding sensitive information.

Respectful Workplace

Betalight values diversity, inclusivity, and dignity for all by:

  • Treating colleagues, clients, and partners with respect and fairness.
  • Rejecting discrimination, harassment, and bullying based on race, ethnicity, gender, sexual orientation, religion, age, or other protected characteristics.

Compliance with Laws and Regulations

Betalight complies with all applicable laws and industry standards by:

  • Ensuring employees understand relevant legal and regulatory requirements.
  • Promptly addressing any potential legal violations through appropriate channels.

Human Rights Commitment

We are committed to promoting and respecting human rights, including:

  • Prohibiting forced labor, child labor, and exploitation.
  • Ensuring fair wages, benefits, and working conditions.
  • Upholding ethical recruitment practices and respecting employees’ freedom of association and collective bargaining rights.
  • Promoting diversity, equity, and inclusion, and respecting the rights of local communities and indigenous peoples.

Business Ethics

Betalight adheres to strict ethical business practices, including:

  • Protecting data privacy and security.
  • Complying with fair competition laws and avoiding counterfeit parts.
  • Safeguarding intellectual property and adhering to export control regulations.

Protection of Company Assets

We commit to safeguarding Betalight’s assets by:

  • Using resources responsibly and efficiently.
  • Protecting confidential information and intellectual property.

Health and Safety

Betalight prioritizes health and safety by:

  • Ensuring compliance with health and safety standards.
  • Providing resources to prevent accidents and injuries.

Environmental Responsibility

We aim to minimize environmental impact by:

  • Adhering to environmental regulations.
  • Promoting sustainable practices and encouraging environmentally responsible behavior.

Reporting and Accountability

Employees are encouraged to report violations or unethical behavior confidentially. All reports will be handled with sensitivity, and appropriate actions will be taken.


Conclusion

By following this Code of Conduct, Betalight demonstrates its commitment to ethical business practices, fostering a positive and responsible work environment. Violations of this Code may result in disciplinary actions, including termination of employment or contract.

This Code of Conduct will be reviewed regularly to ensure its alignment with Betalight’s values and objectives.