Transparent Soul is committed to operating in a completely legal and ethical manner at all times. In addition, Transparent Hands owes it to its shareholders and other stakeholders to maintain an environment where no employee, director, or officer can be held accountable for their activities. As a result, the following Statement of Principles (SOP) has been approved by Transparent Soul.
The Transparent Soul SOP is the responsibility of the Ethics Officer, who should be appointed by the Transparent Soul CEO and report to the CEO. The SOP will be administered and implemented by the Ethics Officer, who will also be responsible for providing workers with periodic training on how to apply the SOP.
The Ethics Officer will have access to adequate resources from Transparent Soul and will be permitted to hire expert advisors to help achieve these aims. At a minimum, the Board of Directors may expect an annual report on the SOP from the Ethics Officer.
According to Transparent Hands’ reading of the SOP, some behaviors are forbidden and others are required. The following are examples of some of the possible interpretations. This is not meant to be an exhaustive list. Confidential conversations with the Ethics Officer should be initiated promptly if there are concerns about violating the SOP.
No director, officer, employee, or agent of Transparent Soul shall, directly or indirectly, undertake any of the actions set forth below with the purpose of inducing such person to use his influence (whether reassuring or otherwise) to obtain or retain business. This includes, but is not limited to, bribery, kickbacks, under-the-table payments, rebates, discounts, and other promotional
Do anything with money, like making or approving payments.
Give out bonuses or other forms of compensation.
To make or accept any kind of payment, gratuity, or other agreement, whether official or informal, in which Transparent Hands or any of its subsidiaries is a party or beneficiary.
Note: TRANSPARENT SOUL IS AN INDEPENDENT BODY AND IS NOT A PART/SUBSIDIARY OF ANY COMPANY EITHER IN USA OR UK OR ABROAD.