Ethical conduct

At Nidec Drives, our business is built on a foundation of integrity, transparency, and accountability. We adhere to the highest ethical standards, ensuring that our actions reflect our commitment to responsible business practices and the well-being of our stakeholders.

Nidec Drives' ethics policy

We strive to build a business that is not only profitable but also responsible. Our ethics policy underscores our commitment to:

• Complying with all applicable laws and regulations.
• Acting with noble business ethics in all interactions.
• Ensuring that our products and services meet high-quality standards.
• Maintaining transparent and accurate financial reporting.
• Protecting and properly using company assets and information.
• Fostering a safe, healthy, and inclusive work environment.
• Competing fairly and avoiding any form of anti-competitive conduct.

Dignity and respect at work

We believe that every employee deserves to work in an environment where they are treated with dignity and respect. Our policies on bullying and harassment are clear: we do not tolerate any form of intimidation, degradation, humiliation, or offensive behaviour. We are committed to creating a workplace where all employees feel safe and valued.

Anti-Harassment and equal opportunity

Nidec Drives is dedicated to providing equal employment opportunities and prohibits any form of harassment or discrimination based on race, colour, religion, sex, sexual orientation, age, disability, national origin, or any other factor made unlawful by applicable laws. This commitment extends to all aspects of employment, including recruitment, hiring, promotion, compensation, and training.

Reporting and compliance

We encourage employees to report any ethical concerns or potential violations of our policies. Our Ethics Compliance Hotline is available to provide confidential and anonymous reporting options. We assure that there will be no retaliation against employees who report concerns in good faith.

Health, safety, and environment

Our commitment to health, safety, and environmental standards is unwavering. We comply with all relevant laws and regulations to ensure that our operations are safe for employees and the public. We also prioritise the production of safe, high-quality products that meet all applicable standards.

Community engagement and volunteering

Nidec Drives is dedicated to making a positive impact on the communities where we operate. We provide our employees with volunteering days, allowing them to contribute to community projects and initiatives. This not only supports local communities but also fosters a sense of purpose and engagement among our staff.

Environmental sustainability

Nidec Drives is committed to environmental sustainability and actively promotes initiatives that reduce our environmental footprint. Our electric vehicle (EV) and cycle to work schemes encourage employees to adopt greener modes of transportation, helping to reduce carbon emissions and promote a healthier lifestyle. These programs reflect our dedication to creating a sustainable future and supporting our employees in making environmentally conscious choices.