Anti-bribery and Corruption Statement
Every employee and individual acting on Pallman’s behalf is responsible for conducting company business honestly and professionally. We consider that bribery and corruption has a detrimental impact on business by undermining good governance and distorting free markets.
We benefit from carrying out business in a transparent and ethical way and by helping to ensure that there is honest, open and fair competition in our sectors. Where there is a level playing field, Pallman can lead the market through innovation and by delivering excellent services and products to its customers.
We do not tolerate any form of bribery by, or of, our employees or any persons or companies acting for or on our behalf. The senior management are committed to implementing and enforcing effective systems to prevent, monitor and eliminate bribery, in accordance with the Bribery Act 2010.
The Anti-Bribery policy applies to all employees, and they are required to familiarise themselves and comply with this policy. A bribe is a financial advantage or other reward that is offered to, given to, or received by an individual or company (whether directly or indirectly) to induce or influence that individual or company to perform public or corporate functions or duties improperly. Employees and others acting for or on behalf of Pallman are strictly prohibited from making, soliciting or receiving any bribes or unauthorised payments.
As part of its anti-bribery measures, Pallman is committed to engage only in transparent, proportionate, reasonable, and bona fide hospitality and promotional expenditure. A breach of Pallman’s Anti-Bribery policy by an employee will be treated as grounds for disciplinary action, which may result in a finding of gross misconduct and summary dismissal. Employees and other individuals acting for Pallman should note that bribery is a criminal offence that may result in imprisonment and/or an unlimited fine for the individual and an unlimited fine for Pallman.