ANTI-CORRUPTION AND ANTI-BRIBERY POLICY OF TECTONA PRODUCTION, INC.
The objective of this policy is to establish the principles and ethical standards that will govern the activities of Tectona Production, Inc. regarding the abolition of corruption and bribery, ensuring compliance with the Panamanian legislation, and promoting an ethical culture in all of the forestry operations.
This policy applies to all employees, directors, contractors, consultants, suppliers, and any other party acting on behalf of Tectona Production, Inc.
Tectona Production, Inc., is committed to sustainability, respect for legislation, integrity, transparency, and ethics in all its operations; categorically rejects corruption and bribery in all of its forms. To this end, the following is committed:
- We commit not to offer, accept, facilitate, or tolerate bribes, kickbacks, or any form of corruption, whether directly or indirectly, by our employees, representatives, business partners, or associated third parties.
- If the violation is confirmed, the appropriate disciplinary measures will be taken, which may range from warnings and additional training to the ending of the employment or business contract, depending on the severity of the violation.
- In the event of severe violations, Tectona Production, Inc. will fully cooperate with the competent authorities and is committed to reporting the incident in a transparent and timely manner.
- This policy will be reviewed periodically to ensure its effectiveness and adaptation to changes in the legislation and the business environment, as well as the particularities of the forestry industry.
Committed to integrity and transparency: Our anti-corruption and anti-bribery policy ensures ethical practices in all our operations.