Name: Accumet Specialty Metals, Inc.
Address: 5188 Duff Dr., West Chester, OH, 45246, US
Telephone: 513-874-9772

What does your policy cover?
1. This anti-bribery policy exists to set out the responsibilities of ACCUMET and those who work for us with regard to observing and upholding our zero-tolerance position on bribery and corruption.
2. The policy also serves as a source of information and guidance for those working for ACCUMET. It helps them recognize and deal with bribery and corruption issues, as well as understand their responsibilities.
Policy statement
1. ACCUMET is committed to conducting business in an ethical and honest manner, and is committed to implementing and enforcing systems that ensure bribery is prevented. ACCUMET has zero-tolerance for bribery and corrupt activities. We are committed to acting professionally, fairly and with integrity in all business dealings and relationships, wherever in the country we operate.
2. ACCUMET will constantly uphold all laws relating to anti-bribery and corruption in all the jurisdictions in which we operate. We are bound by the laws of the U.S. and also comply with international standards such as the UK Bribery Act 2010, where applicable, with regard to our conduct both domestically and internationally.
3. ACCUMET recognizes that bribery and corruption are punishable by up to ten years of imprisonment and a fine. If our company is discovered to have taken part in corrupt activities, we may be subjected to an unlimited fine, be excluded from tendering for public contracts, and face serious damage to our reputation. It is with this in mind that we commit to preventing bribery and corruption in our business, and take our legal responsibilities seriously.
Who is covered by the policy?
1. This anti-bribery policy applies to all employees (whether temporary, fixed-term or permanent), consultants, contractors, trainees, seconded staff, home workers, casual workers, agency staff, volunteers, interns, agents, sponsors, or any other person or persons associated with us (including third parties), or any of our subsidiaries or their employees, no matter where they are located (within or outside of the US). The policy also applies to Officers, Trustees, Board and/or Committee members at any level.
2. In the context of this policy, third-party refers to any individual or organization our company meets and works with. It refers to actual and potential clients, customers, suppliers, distributors, business contacts, agents, advisers and government and public bodies – this includes their advisors, representatives and officials, politicians and public parties.
3. Any arrangements our company makes with a third party is subject to clear contractual terms, including specific provisions that require the third party to comply with minimum standards and procedures relating to anti-bribery and corruption.
Definition of bribery
1. Bribery refers to the act of offering, giving, promising, asking, agreeing, receiving, accepting or soliciting something of value or of an advantage so to induce or influence an action or decision.
2. A bribe refers to any inducement, reward or object/item of value offered to another individual in order to gain commercial, contractual, regulatory or personal advantage.
3. Bribery is not limited to the act of offering a bribe. If an individual is on the receiving end of a bribe and they accept it, they are also breaking the law.
4. Bribery is illegal. Employees must not engage in any form of bribery, whether it be directly, passively (as described above), or through a third party (such as an agent or distributor). They must not bribe a foreign public official anywhere in the world. They must not accept bribes in any degree and if they are uncertain about whether something is a bribe or a gift or act of hospitality, they must seek further advice from the company’s Vice President of Sales.
What is and what is NOT acceptable:
1. This section of the policy refers to four areas:
  • Gifts and hospitality
  
  • Facilitation payments
  
  • Political contributions
  
  • Charitable contributions
2. Gifts and Hospitality — ACCUMET accepts normal and appropriate gestures of hospitality and goodwill (whether given to/received from third parties) so long as the giving or receiving of gifts meets the following requirement:
  • It is not made with the intention of influencing the party to whom it is being given, to obtain or reward the retention of a business or a business advantage, or as an explicit or implicit exchange for favors or benefits.
  
  • It is not made with the suggestion that a return favor is expected.
  
  • It is in compliance with local law.
  
  •. It is given in the name of the company, not in an individual's name.
  
  • It does not include cash or a cash equivalent (e.g. a voucher or gift certificate).
  
  • It is appropriate for the circumstances (e.g. giving small gifts around Christmas or as a small thank you to a company for helping with a large project upon completion).
  
  • It is of an appropriate type and value and given at an appropriate time, taking into account the reason for the gift.
  
  • It is given/received openly, not secretly.
  
  • It is not selectively given to a key, influential person, clearly with the intention of directly influencing them.
  
  • It is not above a certain excessive value, as pre-determined by the company’s Vice President of Sales (usually in excess of $100).
  
  • It is not offered to, or accepted from, a government official and representative or politician or political party, without the prior approval of the company's Vice President of Sales.
  1. Where it is inappropriate to decline the offer of a gift (i.e. when meeting with an individual of a certain religion, culture who may take offence), the gift may be accepted so long as it is declared to the Vice President of Sales, who will assess the circumstances.
  2. ACCUMET recognizes that the practice of giving and receiving business gifts varies between countries, regions, cultures and religions, so definitions of what is acceptable and not acceptable will inevitably differ for each.
  3. As good practice, gifts given and received should always be disclosed to the Vice President of Sales. Gifts from suppliers should always be disclosed.
  4. The intention behind a gift being given/received should always be considered. If there is any uncertainty, the advice of the Vice President of Sales should be sought.
3. Facilitation Payments and Kickbacks — ACCUMET does not accept and will not make any form of facilitation payments of any nature. We recognize that facilitation payments are a form of bribery that involves expediting of facilitating the performance of a public official for a routine governmental action. We recognize that they tend to be made by low level officials with the intention of securing or speeding up the performance of a certain duty or action.
  1. ACCUMET does not allow kickbacks to be made or accepted. We recognize that kickbacks are typically made in exchange for a business favor or advantage.
  2. ACCUMET recognizes that, despite our strict policy on facilitation payments and kickbacks, employees may face a situation where avoiding a facilitation payment or kickback may put their/their family’s personal security at risk. Under these circumstances, the following steps must be taken:
    • Keep any amount to the minimum.
    
    • Ask for a receipt, detailing the amount and reason for the payment.
    
    • Create a record concerning the payment.
    
    • Report this incident to the Vice President of Sales.
4. Political Contributions — ACCUMET will not make donations, whether in cash, kind or by any other means, to support any political parties or candidates. We recognize this may be perceived as an attempt to gain an improper business advantage.
5. Charitable Contributions — ACCUMET accepts (and indeed encourages) the act of donating to charities – whether through services, knowledge, time or direct financial contributions (cash or otherwise) – and agrees to disclose all charitable contributions it makes.
  1. Employees must be careful to ensure that charitable contributions are not used to facilitate and conceal acts of bribery.
  2. We will ensure that all charitable donations made are legal and ethical under local laws and practices, and that donations are not offered/made without the approval of the Vice President of Sales.
Employee Responsibilities
1. As an employee of ACCUMET, you must ensure that you read, understand and comply with the information contained within this policy, and with any training or other anti-bribery and corruption information you are given.
2. All employees and those under our control are equally responsible for the prevention, detection and reporting of bribery and other forms of corruption. They are required to avoid any activities that could lead to, or imply, a breach of this anti-bribery policy.
3. If you have reason to believe or suspect that an instance of bribery or corruption has occurred or will occur in the future that breaches this policy, you must notify the Vice President of Sales.
4. If any employee breaches this policy, they will face disciplinary action and could face dismissal for gross misconduct. ACCUMET has the right to terminate a contractual relationship with an employee if they breach this anti-bribery policy.
What happens if I need to raise a concern?
1. This section of the policy covers three areas:
  • How to raise a concern
  
  • What to do if you are a victim of bribery or corruption
  
  • Protection
2. How to raise a concern — If you suspect that there is an instance of bribery or corrupt activities occurring in relation to ACCUMET, you are encouraged to raise your concerns at as early a stage as possible. If you’re uncertain about whether a certain action or behavior can be considered bribery or corruption, you should speak to your Vice President of Sales, Anthony Pecord, (513) 874-9772 ext. 1.
  1. ACCUMET will familiarize all employees with its whistleblowing procedures so employees can vocalize their concerns swiftly and confidentially.
3. What to do if you are a victim of bribery or corruption — You must tell the Vice President of Sales as soon as possible if you are offered a bribe by anyone, if you are asked to make one, if you suspect that you may be bribed or asked to make a bribe in the near future, or if you have reason to believe that you are a victim of another corrupt activity.
4. Protection — If you refuse to accept or offer a bribe or you report a concern relating to potential act(s) of bribery or corruption, ACCUMET understands that you may feel worried about potential repercussions. ACCUMET will support anyone who raises concerns in good faith under this policy, even if investigation finds that they were mistaken.
  1. ACCUMET will ensure that no one suffers any detrimental treatment as a result of refusing to accept or offer a bribe or other corrupt activities or because they reported a concern relating to potential act(s) of bribery or corruption.
  2. Detrimental treatment refers to dismissal, disciplinary action, threats as a result of a concern or refusal to accept a bribe, you should inform the Vice President of Sales immediately.
Training and Communication
1. ACCUMET will provide training on this policy as part of the induction process for all new employees. Employees will also receive regular, relevant training on how to adhere to this policy, and will be asked annually to formally accept that they will comply with this policy.
2. ACCUMET's anti-bribery and corruption policy and zero-tolerance attitude will be clearly communicated to all suppliers, contractor, business partners and any third-parties at the outset of business relations, and as appropriate thereafter.
3. ACCUMET will provide relevant anti-bribery and corruption training to employees etc. where we feel their knowledge of how to comply with the Bribery Act needs to be enhanced. As good practice, all businesses should provide their employees with anti-bribery training where there is a potential risk of facing bribery or corruption during work activities.
Record Keeping
1. ACCUMET will keep detailed and accurate financial records, and will have appropriate internal controls in place to act as evidence for all payments made. We will declare and keep a written record of the amount and reason for hospitality or gifts accepted and given, and understand that gifts and acts of hospitality are subject to managerial review.
Monitoring and Reviewing
1. ACCUMET's Vice President of Sales is responsible for monitoring the effectiveness of this policy and will review the implementation of it on a regular basis. He/she will assess its suitability, adequacy and effectiveness.
2. Internal control systems and procedures designed to prevent bribery and corruption are subject to regular audits to ensure that they are effective in practice.
3. Any need for improvements will be applied as soon as possible. Employees are encouraged to offer their feedback on this policy if they have any suggestions for how it may be improved. Feedback of this nature should be addressed to the Vice President of Sales.
4. This policy does not form part of an employee’s contract or employment and ACCUMET may amend it as to improve its effectiveness at combating bribery and corruption.

Anti-Bribery and Anti-Corruption Policies

Anti-Bribery and Anti-Corruption Policies