Introduction
KEMET LIMITED is steadfast in its commitment to conducting business sustainably and responsibly. To safeguard the long-term interests of the company and its stakeholders, KEMET upholds the highest ethical and legal standards across all business practices. This Code of Conduct reflects KEMET’s dedication to integrity, transparency, and accountability. Every employee is expected to act responsibly, adhere to this Code, and follow all related policies and instructions.
Core Principles
Compliance with Laws
All KEMET activities adhere to applicable laws and regulations in the countries where the company operates. Employees must uphold these requirements and embrace the principles of good corporate citizenship.
Transparency and Open Communication
KEMET values openness and maintains honest dialogue with stakeholders, including customers, shareholders, employees, authorities, and local communities. Exceptions may apply where confidentiality, stock exchange regulations, or competition considerations are involved.
Human Rights and Labor Standards
KEMET supports the Universal Declaration of Human Rights and International Labour Organization standards, promoting freedom of association and rejecting all forms of forced or child labor.
Diversity and Inclusion
KEMET fosters equal opportunity and prohibits discrimination based on race, gender, disability, or other protected characteristics. Employees are selected and treated based on their abilities and merits.
Health, Safety, and Environmental Responsibility
KEMET is committed to providing hazard-free workplaces and developing environmentally advanced products and services. Employees are expected to follow safety protocols and comply with environmental policies.
Integrity and Anti-Corruption
Employees must avoid conflicts of interest and are strictly prohibited from engaging in bribery or accepting inappropriate gifts.
Accountability and Fair Practices
Employees are expected to act honestly and in compliance with competition laws. Fraudulent activities or violations of this Code may result in disciplinary action, termination, or legal consequences.
Implementation and Reporting
KEMET actively communicates this Code to employees and monitors its application. Suppliers and business partners are also expected to adhere to these ethical standards. Employees aware of potential violations must report them to their superior or KEMET Legal Affairs. Investigations will be conducted discreetly, and retaliation against good-faith reports is prohibited.
Commitment to Excellence
KEMET LIMITED ensures that this Code is reviewed periodically by the Board of Management to remain relevant and effective. By upholding these principles, KEMET aims to build trust, foster innovation, and deliver sustainable value to its stakeholders.