At Eltek, we maintain strong emphasis on corporate responsibility. We believe this creates long-term benefits for our business and in the global communities we operate in.
Focusing on good corporate governance is a part of who we are. Put simply, our quest for competitive excellence begins and ends with our commitment to lawful and ethical conduct. We remain committed to diligently manage our affairs consistent with the highest principles of business ethics.
Our culture builds on a common set of core values, focused on customer centricity, technological ambitions, competitiveness, and cultural sensitivity. Together with our Code of Conduct, these corporate values form the basis for our policies and guidelines regarding our attitudes, behavior and performance as a responsible company, wherever we operate.
The Code of Conduct sets out the basic rules and guidelines that all Eltek employees throughout our international organization, as well as anyone else acting on behalf of Eltek, must accept in writing and follow. There is a special Intermediary Code of Conduct version, as well as a Suppliers Code of Conduct version in place.
Our Anti-Corruption Guide provides our employees with practical guidelines on how to handle dilemma situations. We have established a comprehensive program for implementation of the Code, including regular training of all employees and managers, as well as a whistle-blower channel for reporting concerns to the Eltek Group Compliance Officer, who will secure full, fair and confidential handling of all reported concerns.
Our Corporate Social Responsibility (CSR) policy is to conduct our worldwide operations in accordance with all applicable laws and to conform to the highest ethical standards, to comply with the laws of the countries in which we operate, and to conform to locally accepted standards of good corporate citizenship.
Our CSR principles; to act responsibly and respectfully, to contribute to social and economic development in markets where we operate, to make extra effort to enhance customers’ confidence, that we conduct business in an ethical and responsible manner, and to take the social, ethical and environmental impact of our products and services seriously in our work.
Integrity and ethics
Eltek is fostering a unified culture where the attitudes, behavior and performance of all Eltek employees are guided by our core values, shared across all companies in the Group. Eltek’s Code of Conduct covers all areas that are important for securing business ethics, and is a key management tool that influences all our actions and decision-making.
People and workplace
At Eltek, health and safety is top priority. We are fully committed to developing and ensuring a safe, healthy and supportive environment for all employees, contractors and visitors. For us, legal requirements establish a minimum acceptable level. We are committed to achieving a measurable, progressive improvement in health and safety performance.
We are opposed to all discriminatory practices. We do not accept any direct or indirect negative discrimination on the basis of religion, skin color, gender, sexual orientation, age, national or social origin, race, disability, language, employee representation, political or other opinions.
We believe that our people are a key source of our competitive advantage. We work together as a team to achieve our ambitious goals.
Our policy clearly states that we are committed to supporting and respecting internationally proclaimed human rights. All Eltek representatives are required to respect the personal dignity, privacy, and rights of every individual they interact with during the course of their work, and shall not cause or contribute to the violation or circumvention of human rights. We recognize and respect the right to freedom of association and the right to collective bargaining in accordance with national laws and regulations.
We do not tolerate bullying, mental or sexual harassment, discriminatory gestures, language or physical contact that is, or can be, perceived as sexual, coercive, degrading, threatening, abusive or exploitative.
We do not employ or contract child labor or any form of forced or compulsory labor.
We honor the culture, customs, history and laws of each country that we operate in. Wherever we do business, we actively promote and engage, both individually and with partners, in social contribution activities that help strengthen communities and contribute to the enrichment of society.
Eltek is firmly opposed to all forms of corruption and will work to ensure that corruption does not occur in our business activities. Our comprehensive anti-corruption policy is to comply with all applicable anti-corruption laws in places where we operate or is otherwise a subject.
Eltek customers shall be met with insight, respect and understanding within the guidelines laid out in our core values and Code of Conduct. Each customer information shall be protected in accordance with the relevant regulations on protection of personal data.
We also seek to implement our standards throughout the supply chain - in the selection of suppliers, in contracts, and through monitoring and follow-up. The selection of suppliers is governed by established guidelines and routines, ensuring impartial and just treatment that creates trust in Eltek's selection processes. Eltek is committed to maintain policies and systems that increase the awareness of responsible mineral sourcing among our suppliers and minimize the risk of conflict minerals finding the way into our supply chain.
We will always exercise due care in the selection and use of external representatives so that we under no circumstances become involved in corrupt or fraudulent activities conducted by our intermediaries.
Eltek wishes to promote fair and open competition in all markets. Under no circumstances shall Eltek cause or be part of any breach or violation of relevant competition laws or regulations.
Public authorities shall be met in an open and appropriate manner.