Tenaris is committed to building a corporate culture of transparency and integrity based on ethical behavior and compliance with law. This is essential for the long-term sustainability of our business in a competitive market environment.
Quality, Health, Safety and Environment management and risk assessment fundamentals are integrated in all business processes. Tenaris aims to achieve the highest standards of Quality, Health, Safety and Environment, incorporating the principles of sustainable development throughout its worldwide business.
Our supply chain is a key element to our sustainable development. We are committed to working with our suppliers to improve sustainable business practices, assisting them to identify risks and opportunities, providing training, sharing knowledge and raising awareness, and, in general, working together to improve the sustainability of our supply chain and our business.
We have an active company-wide Business Conduct Compliance Program (BCCP) which fosters a culture of ethical conduct. Employees are expected and trained to be responsible for the decisions in their daily work, and we require strict compliance with laws and regulations at all levels.
We have implemented a framework of preventive measures to fight corruption and bribery. The Compliance Program has stringent and consistent risk assessments, enabling us to identify and prevent breaches.
We ensure that relevant policies and procedures are communicated to the entire organization through internal communication channels and frequent training.
We act in compliance with the Universal Declaration of Human Rights, the principles articulated in the International Labour Organization’s Declaration of Fundamental Principles and Rights at Work and the United Nations Global Compact, and all human rights laws, rules and regulations applicable in the jurisdictions where we conduct our business.
Tenaris believes that working with ethical and reputable third parties is essential for the performance of its operations. Tenaris expects anyone engaged in any business and professional relationship that involves Tenaris, to conduct themselves with the highest ethical standards and integrity and in compliance with the applicable laws.
The compliance program for our suppliers of goods and services aims to minimize risks and foster a culture centered around ethical conduct for partners and representatives of Tenaris.
This code of ethics applies to our principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions and is intended to supplement our Code of Conduct.