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16. Conflict of Interests

Conflicts of interest occurs when someone lets personal interests override the interests of the company, influence or appears to influence a decision making process.

Hyundai employees are expressly prohibited from offering and/or receiving from third parties goods, resources or advantages of any nature for the purpose of influencing, facilitating, establishing or maintaining business with Hyundai. It is also prohibited to facilitate, establish or maintain business on behalf of Hyundai that are not in the best interest of the company or that are not in compliance with Hyundai’s policies due to personal interests.

Hyundai employees or their family members shall not hold a corporate interest or management position in Hyundai’s suppliers, service providers or customers that may in any manner constitute a conflict of interest.

Employees hiring, merits and promotions should not be influenced by applicant’s relationships with any Hyundai member, suppliers, service providers or clients, including family, personal, political, ideological, religious or intimate relationships. If an individual has such relationships and has been hired, or indicated, measures must be taken to avoid any hierarchical link.

Employees who identify a situation of possible conflict of interest should immediately inform the Ethics and Compliance team to identify the best way to avoid the conflict of interest.

Annually, or in other periodicity defined in specific internal policies, employees of Hyundai’s administrative areas must complete and submit to the Ethics and Compliance team the Declaration of Conflict of Interest.

In Pratice:

Allowed:

  • Avoid situations in which your decisions may be compromised by personal relationships or favors, nor generating expectation of payment for favors received from third parties, business partners, etc.;

  • Consult your manager or the Ethics and Compliance Team before commencing or continuing an external activity that may result in a conflict of interest;

  • Communicate to the Ethics and Compliance Team, in writing, the exercise of any external activity that may be related to the performance of your duties or to Hyundai’s interests. The Ethics and Compliance Team will provide the employee with guidance on what to do in each case;

  • If in the third party contracting process a conflict of interest is identified, immediately notify the Ethics and Compliance team;

  • Communicate the existence of situations in which the spouse or persons with a degree of kinship, direct or otherwise, are a supplier or employee or person contracted by the latter, and the functions of this person and the employee of Hyundai, as well as access to confidential information that they have in their respective companies, may constitute a situation of conflict of interest;

  • Immediately communicate to the Human Resources Department and the Ethics and Compliance Team the existence of an affective relationship with people with whom you have a hierarchical link.

  • Fill in the Conflict of interests form annually.

  • Communicate to the Ethics and Compliance Team, via email compliance@hyundai-brasil.com, if your family member, should hold interest or managerial positions in suppliers, customers and/or competitors of Hyundai that may generate conflicts of interest of any nature.

Not allowed:

  • No Hyundai employee should hold interest or managerial positions in suppliers, customers and/or competitors of Hyundai that may generate conflicts of interest of any nature;
  • Do not work under any circumstances for companies that are in any way competitors of Hyundai. Such activities are prohibited because they may generate dubious situations regarding loyalty to the Company;
  • Do not carry out personal activities at your place of work or during the working hours, nor use for private purposes, telephones, equipment, materials, information or other resources of the Company, unless with prior authorization from the hierarchical superior.

Prezada Família Hyundai,

Nossas ações, individuais e coletivas, são cruciais para que a Hyundai mantenha sua excelência e compromisso em produzir os melhores veículos, oferecer as mais modernas soluções em mobilidade e prover o melhor atendimento aos nossos clientes.
Para abraçar e reforçar este compromisso, criamos a mentalidade de UM SÓ TIME, UMA SÓ VOZ, em que todos são responsáveis pelos resultados da empresa, não só em termos de lucratividade,mas de valores éticos e de integridade, visando a longevidade e a prosperidade da presença da Hyundai nos mercados do Brasil e das Américas Central e do Sul.

E é com este espírito de UM SÓ TIME, UMA SÓ VOZ, que tenho a satisfação de apresentar a nova versão do nosso Código de Ética e Conduta da HMCSA, um dos principais pilares que sustenta nosso Programa de Ética e Compliance.
Todos nós, colaboradores, concessionárias, fornecedores, prestadores de serviço e demais parceiros de negócios da Hyundai, temos que estar fortemente comprometidos em seguir os princípios deste Código de Ética e Conduta e usá-lo como guia para as nossas ações e decisões em nome e em benefício de nossa empresa e da marca Hyundai

Contamos com a colaboração de cada um de vocês para juntos, como um único time e com uma única voz, agirmos em unidade para alcançarmos nossos objetivos, sempre seguindo os mais elevados padrões de ética e integridade!
Obrigado

 

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