PSI will act responsibly and ethically whilst working to build long term relationships with our customers and suppliers.
We are committed to being open and transparent with high standards of integrity, behaviour and business practices. In helping to achieve this we will work to:
- To be trusted by our customers and suppliers
- To be fair and honest with respect to our employees
- Deliver good quality products and services
- To deliver strong financial performance
- Empower employees to be a force for good practice
PSI is also committed to encouraging a culture of openness, integrity and accountability. This will benefit both our customers, employees and the company as a whole.
All employees are encouraged to behave in a way that will protect the interests of PSI, their colleagues and the environment overall.
PSI supports the international commitments for the protection of human rights and anti-slavery legislation.
Framework
PSI maintains a code of conduct that it expects all employee to adhere to in terms of behaviour. The code of conduct is implemented and communicated across the business.
Our Principles
- PSI operates a policy of zero tolerance to bribery and fraud.
- Gifts and hospitality may not be accepted in return for special or preferential treatment from suppliers or customers.
- PSI is an inclusive company and embraces diversity.
- We comply with the equalities act and promote equality within the workplace.
- PSI supports the rights of all individuals to be treated with dignity and respect regardless of race, religion, gender or sexual orientation. Bullying or harassment will be treated with the upmost importance.
- Alleged breaches of company policy and practices are investigated. Employees found to breach any such policies will be liable to disciplinary action.
- PSI also encourages employees to disclose information on serious concerns they may have about activities within the company. Any such disclosures are treated with strict anonymity.
- All managers are expected to demonstrate visible leadership in supporting the company’s ethical values.
Modern Slavery Act 2015
PSI are not directly required to publish a statement with regards to the Modern Slavery Act 2015, however, we understand the statutory obligations placed on many of our customers and the moral obligation that we hold ourselves.
PSI is clear that any form of slavery is an abhorrent crime that has no place in today’s society. As a relatively small company, we are able to easily control the activities within our own organisation and have set out an Ethics and Business Conduct Policy which makes clear to employees the actions and behaviour expected of them when representing the organisation. The organisation strives to maintain the highest standards of employee conduct and ethical behaviour when working with our customers and managing our supply chain.
PSI selects its suppliers very carefully, working primarily with large European and North American organisations with clear ethical policies and appropriate working practices. However, we ask new suppliers for a copy of their Modern Slavery Statements (where they are available) or information regarding the manufacturing/sourcing practices before considering trading with them. We also carry out regular supplier audits which include a focus on slavery and human trafficking.
PSI encourages all our workers, customers and other business partners to report any concerns related to the direct activities, or the supply chains of, PSI. This includes any circumstances that may give rise to an enhanced risk of slavery or human trafficking. Employees, customers or others who have concerns can raise them directly with a member of our senior management so that it can be investigated, without fear of retaliation.
Conflict Materials
Following on from our own ethical policies and our position regarding modern slavery, PSI does not work directly with any conflict materials described as Gold (Au), Tantalum (Ta), Tungsten (W) and Tin (Sn) that are sourced from the Democratic Republic of Congo or adjoining countries from mines controlled by non-governmental military groups.
As part of the PSI process for the implementation of new suppliers, our supplier questionnaire requests direct confirmation that materials we purchase do not contain conflict minerals and a self-declaration is also required that the full supply chain process of the suppliers has been examined to confirm this.