Olympic – Supplier Declaration

Compliance with laws
As a supplier to Olympic we will comply with all applicable laws and regulations. We will also comply with all Olympic core policies and support ten principles of UN Global Compact with regards to human rights, labour rights, environment, and anti-corruption. 

Improper payments
As a supplier to Olympic we will not, to obtain or retain business or any advantage in the conduct of business, offer, promise, or give improper advantage to a public or official (or a third party) to make the official act or refrain from acting in relation to the performance of her/his official duties. This applies regardless of whether the advantage is offered directly or through an intermediary.

Gifts, hospitality, and expenses
As a supplier to Olympic we will not offer, directly or indirectly, to Olympic employees or representatives or anyone closely related to them gifts except for promotional items of minimal value normally bearing a company logo. Hospitality such as social events, meals or entertainment may be offered if there is a clear business reason, but the cost must be kept within reasonable limits. Hospitality, expenses, gifts or other favours shall not be offered or received in situations of contract bidding, evaluation or award.

Conflict of interest
As a supplier to Olympic we, and our employees, will not take part in or seek to influence any decision under circumstances that can give rise to an actual or perceived conflict of interest. Such circumstances may be a business interest or a personal interest in the subject matter – economically or otherwise – directly or through someone closely related. If we become aware of a potential conflict of interest we will, without delay. Notify Olympic.

Minimum age of labour
As a supplier to Olympic we shall not employ children below the age of 15. If the child is secured the right for education, play, rest and family life, limited exceptions may be made if this is clearly the best interests of the child.

Forced labour
As a supplier to Olympic we will not engage or employ people against their own free will, nor will personnel be required to lodge “deposits” or identity papers upon commencing employment

Working hours
As a supplier to Olympic we will comply with local law or agreements regarding working hours.

As a supplier to Olympic we will ensure that the wages paid to employees and hired labour are considered fair

Employment Practices
As a supplier to Olympic we will treat our employees equally and fairly. We will not accept any form of harassment or discrimination.

Minority Rights
As a supplier to Olympic, we recognize and shall respect the special importance of the social, cultural, religious and spiritual values and practices of the indigenous and tribal peoples and their relationship with the land and territories. To the extent of our work may affect indigenous peoples, a process to minimize and manage such impacts will be undertaken.

Security Resources As a supplier to Olympic, we will observe strict requirements for the selections of security contractors to avoid human rights risks in countries where security firms are not properly regulated

As a supplier to Olympic we will work according to internationally recognized environmental management principles and aim for continuous improvement. We will comply with national environmental legislation and discharge permits. We will work to achieve energy efficiency and minimize harmful discharge, emissions, and waste production in a lifecycle perspective.

Health and Safety
As a supplier to Olympic we will work ambitiously, through continuous improvement, for a healthy work environment and safe and secure conduct according to internationally recognized health and safety management principles and practices and applicable law.

Selection of business partners and agents
As a supplier of Olympic we will promote that potential business partners, agents and intermediaries adopt the principles set forth in this Supplier Declaration

Standard towards own Suppliers
As a supplier to Olympic we will promote the implementation of the principles set forth in this Supplier Declaration towards own suppliers