This policy is designed to reinforce our Business Ethics Statement by providing guidelines to help employees avoid conflicts of interest that might be construed to be detrimental to Genus. It is important to consider the possible embarrassment and damage to the reputation of the group and of fellow employees that could be caused by a lapse in judgement by an employee or close associate, no matter how well intentioned their comments or actions may have been.
As Genus considers it essential that employees be above suspicion, any lapse in judgement in the areas covered by this policy will be subject to disciplinary action up to and including dismissal.
Employment outside Genus
1. Employees should not engage in commitments involving financial or management responsibility in any other business without obtaining written permission from the Chief Executive.
2. Employees should not engage in activities that represent a conflict with the interests of Genus, for example: being involved in a multiplier or supply or distribution company. Except for cases that existed prior to Nov. 2, 1988, employees are not permitted to set up or finance a multiplier.
3. Employees may accept personal activities but must ensure that they do not conflict with paragraphs one and two above, as well as their commitment to their jobs.
4. Employees must not disclose to any competitor of Genus any confidential information; trade practices; trade secrets of any nature or information used or learnt in the course of or in connection with their employment by Genus that Genus considers confidential or proprietary.