Values

TTS way of business

The TTS way of business is based on our core values of integrity, openness, honesty, loyality and initiative, and we are committed to conduct business in a lawful and ethical manner.

Download Code of Conduct for Business Partners

Download "The Spirit of TTS"

 

Corporate Social Responsibility


TTS is part of an international industry where what is good for the globe and the people, and what is good for business are more closely related than ever. Our ability to create value is dependent on promoting and maintaining high ethical standards to create a trust-based relationship with our employees, our owners, our business partners, our communities and other stakeholders.

TTS is dedicated to conducting our activities in an ethical and responsible way; aiming at sustainable development for employees, customers, investors and the communities in which TTS operates. Our policies for corporate social responsibility encompass QHSE, business ethics, support for human and employee rights and anti-corruption measures.

TTS is committed to follow OECD’s Guidelines for Multinational Enterprises and contributing to the improvement of international business standards and practices, especially with regard to questions of corruption, labor relations and the global environment. TTS operates in a manner that respects the human rights as set out in the UN’s Universal Declaration of Human Rights and the core conventions of the International Labor Organization.

TTS has stated that the 10 principles about Corporate Social Responsibility (”CSR”) related to human rights, employee rights, the environment and anti-corruption of the UN Global Compact shall be normative for the group’s operations.

TTS gives high priority to creating a working environment where employees thrive and develop as humans and professionals. We support our workers’ opportunities to exercise their employee rights and to be organized through trade and labour unions, and we facilitate annual meetings for global employee representatives. TTS is also an advocate for equal rights for all employees regardless of gender, sexual orientation, disability, ethnicity, religion or political orientation.

The TTS Code of Conduct describes TTS' ethical commitments and requirements to expected behaviour in areas such as anti-corruption and conflict of interest. It sets expectations for personal conduct and business practice.

The Code includes our most important ethical principles, and provides some references to more detailed requirements for expected business and personal conduct. In addition to the English version, the Code of Conduct is translated into Chinese, German, Korean, Polish, Swedish and Vietnamese.

The Code applies to all TTS’ companies, board members, management and employees, including temporary personnel and consultants or contractors that act on TTS’ behalf.

We expect all of our business partners to abide by similar or more stringent principles in their own operations to those outlined in this Code. TTS aims for the Code to be known by all our business partners, including but not limited to our customers and suppliers.

TTS has zero tolerance for corruption and encourages its employees to report suspected infringements.