Code of Conduct
Since our beginnings at Medichem, we have worked to guarantee the highest standards of quality, safety, operational excellence, and respect for the environment. We firmly believe that ethics and compliance are fundamental to the development of our business. That is why good practices will always define our corporate culture.
In line with this philosophy, at Medichem we have our Code of Conduct, that contains the general operating principles of the company, the corporate values, commitments, and ethical responsibilities that all employees of Medichem must take on and fulfill, as well as a commitment by the General Management with regard to compliance with ethical and regulatory standards. The Code of Conduct applies to all employees of the company in Spain and Malta. Among other commitments, the Code of Conduct establishes compliance with specific conduct aimed at avoiding practices of corruption and bribery, as well as the commercial relationships that must be based on the principles of transparency, loyalty, legality, and impartiality in the selection of suppliers. Medichem offers the Code of Conduct to all its employees, as well as new hires, ensuring it is correctly communicated, understood, and applied.
This document has recently been updated to incorporate our new corporate values as well as our commitment to respect and protect human rights.
Ethics Channel
Medichem has set up an Ethics Channel, pursuant to the provisions in Act 2 of 20 February 2023 on regulating the protection of persons who report regulatory infringements and preventing corruption.
This Ethics Channel allows Medichem to be informed of any possible infringements of the legislation in force, its internal regulations, contingencies that could pose a threat to its reputation or doubts or queries related to the application of its compliance system.
In any case, the content of the report must be related to conduct or acts committed by collaborators and third parties to whom Medichem is professionally related or linked, or doubts about the compliance system.
You can access Medichem’s Ethics Channel, as well as the Policy on the use of the Ethics Channel and other information of interest regarding your rights, obligations and guarantees, at the following links:
Sustainable Purchasing
Aligned with our purpose, at Medichem we deeply value sustainability and social responsibility in our operations and throughout our supply chain. Below, we outline our key commitments and guidelines in this area, emphasizing our dedication to ethics and compliance.
ECOVADIS PARTNERSHIP
As part of our commitment to sustainability, Medichem SA has partnered with Ecovadis, a company specializing in ESG assessments under international standards. Ecovadis evaluates the sustainability performance of our partners within our supply chain, ensuring that they meet our rigorous standards. This partnership reflects our dedication to maintaining ethical practices and compliance throughout our supply chain.
CODE OF CONDUCT FOR THIRD PARTIES
Embarking on the “Medichem. Because We care.” journey, our sustainability commitment spans our entire business ecosystem. Recognizing the pivotal role of suppliers, we introduce the Code of Conduct for Third Parties a key element in ensuring a positive global impact. This code establishes ethical guidelines aligned with the project’s comprehensive ESG approach, emphasizing a balance between economic prosperity and environmental and social responsibility, including principles of environmental stewardship, social responsibility, ethical business practices, governance and compliance, and continuous improvement. It represents a shared commitment to a positive global impact, and your collaboration in embracing these ethical principles is essential as we collectively foster a sustainable culture, contributing to a thriving future.
POLICY ON SUSTAINABLE PURCHASING
Our Sustainability Strategy at Medichem directs our efforts towards creating a positive impact on society and the environment. Central to this strategy is our Policy on Sustainable Purchasing, which establishes clear standards and ambitious goals for our suppliers. This policy is closely linked to our ethics and compliance principles, ensuring that our supply chain operates transparently and responsibly. By adhering to this policy, we ensure that our supply chain aligns with our sustainability and social responsibility commitments, further embedding ethics and compliance into our business practices.