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CODE OF BUSINESS CONDUCT AND ETHICS

The guidelines outlined in this code are mandatory and, as such, shall be known, respected, and enforced at all times.

THE COMPANY

OUR BUSINESS

Our purpose is to manufacture oleochemical products of natural origin, with a minimum environmental impact. Through hard work, honesty, and respect, we want to become a reference in the supply of oleochemicals for the industry in general.

OUR PROCESS

Our aims are:
  • The satisfaction of our customers. To be always attentive to every particular requirement and expectation; improving quality, maintaining great flexibility, and providing personalized service.
  • The wellbeing of all the members of Materia Hnos. S.A.C.I.F. To this end, we provide resources for the improvement of infrastructure, security, and knowledge and we try to ensure the development and continuity of our company.
  • The mutually beneficial business relationships with our suppliers and customers. We work to promote communication and to encourage development.
  • The social responsibility. In our community, we aim at having a favorable impact, taking care of the environment, implementing improvements, and collaborating socially.
  • All of us are responsible for honoring the aims of MATERIA HNOS and for making all the appropriate efforts to ensure that our standards of conduct are always followed.

For us, it is essential to maintain our reputation and the relationship of trust with all the people and entities we work with.

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SUPPLIERS SELECTION

The selection of our suppliers is based on objective criteria, taking into account the quality, reliability, price, utility, performance, or service. Both customers and suppliers are treated fairly, equitably, and honestly.

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LABOR STANDARDS AND HUMAN RIGHTS

The company, as well as the Board of Directors, Management, Chiefs, Middle Management and Supervisors, shall be responsible for introducing, enforcing, and communicating this Code of Business Conduct and Ethics for Customers and Suppliersand all their internal and external collaborators (agency and/or subcontracted employees working on-site if any).

HUMAN RIGHTS- IDENTIFICATION OF STAKEHOLDERS- ANALYSIS OF POSSIBLE IMPACTS- EFFECTIVE REMEDIATION (See Document "Analysis of possible impacts of identified stakeholders").

The company is committed to promote and respect the internationally recognized human rights mentioned in this Code of Business Conduct and Ethics (Universal Declaration of Human Rights of the United Nations) ensuring not to be involved with human rights abuses and measuring the impacts (direct, indirect and potential) among its Stakeholders (owners of the organization, employees, suppliers, customers, competitors, financial institutions and social environment). In case of non-compliance with human rights, the company must address these issues and enable effective remediation.

LAND USE

The company declares, under the different municipal authorizations granted by the enforcement authorities, to have full use of the land (free, prior, and informed consent - FPIC) or portion of land where the employees are located.

 

Our Labor Practices are:

  1. Employment will be freely chosen - Prohibition of forced labor
  2. Regular employment will be provided
  3. Hygiene, safety, and environmental conditions
  4. Freedom of association and the right to collective bargaining shall be respected
  5. No child labor shall be used
  6. Migrant Labor
  7. A living wage shall be paid
  8. Working hours shall not be excessive
  9. There shall be no discrimination, harassment, and/or labor abuse or punishment
 

GOOD BUSINESS PRACTICES AND ETHICS

MATERIA HNOS will not accept any type of bribery, corruption, money laundering, or any type of fraudulent business practice, i.e. any illegal act or intention. Therefore, we guarantee a transparent ethical system, to strengthen the trust of our customers and suppliers, enhancing sustainability in the development of our activities for entering foreign markets.

Corruption and/or Bribery is understood as the improper use of power, offering, promising, or granting any undue advantage to another person (including a public official, or workers of publicly owned companies), to influence any act or decision to obtain a benefit, financial or otherwise, for a company or a person. We are all responsible, to varying degrees, for safeguarding the company's reputation.Consequently, all of us, as part of the company, are expected to conduct ourselves responsibly and ethically, preventing any type of corrupt act in our actions, detecting it in time, and denouncing it to a supervisor or boss, avoiding any type of risk to the company, whether legal, personal, reputational, financial and/or operational.

The Company shall not admit any kind of retaliation due to the report of any improper behavior made in good faith. We expect our employees to cooperate in internal investigations of misconduct, always committing to protect the identity of each reporting person. To this end, we have an internal whistleblowing mechanism (see "Anonymous Whistleblowing Mechanism"- described at the end of this "Code of Business Conduct").

INTERNAL WHISTLEBLOWING MECHANISM

To report any non-compliance of the items outlined in this code or anything that may affect the business ethics; the following channels of communication are available:
 
  • Contact form on the website (anonymously or not).
  • Email address: [email protected]
  • Telephone: +54 223 499 3000

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