Ethical Business Practices Policy
Academia Park Ltd. (hereinafter referred to as "we", "us" or "our") is committed to conducting our business with the highest standards of ethics, integrity, and compliance. This policy outlines our dedication to responsible business practices and adherence to all applicable laws and regulations.
1. Policy Owner
Academia Park Ltd.
Registered Address: Queen Elizabeth Olympic Park, Here East, Plexal, London, E20 3BS United Kingdom
Company Registration Number: 10560940
Email: london@academiapark.co.uk
2. Areas of Ethical Commitment
We are committed to ethical practices in the following areas:
- Anti-Bribery and Corruption
- Gifts and Entertainment
- Sanctions Compliance
- Conflicts of Interest
- Whistleblowing
- Third Party Risk Management
- Modern Slavery and Child Labour
3. Policy Details
3.1 Anti-Bribery and Corruption
We have a zero-tolerance approach to bribery and corruption in all its forms. Our employees and business partners are prohibited from offering, promising, giving, requesting, or accepting any bribes or improper payments.
3.2 Gifts and Entertainment
We recognize that appropriate gifts and entertainment can be part of building business relationships. However, we have strict guidelines to ensure that such practices never influence business decisions improperly or create the appearance of impropriety.
3.3 Sanctions Compliance
We are committed to complying with all applicable international trade sanctions. We have robust procedures in place to ensure we do not engage in transactions with sanctioned entities or individuals.
3.4 Conflicts of Interest
We require all employees and business partners to disclose any potential conflicts of interest. We have processes in place to manage these conflicts fairly and transparently.
3.5 Whistleblowing
We encourage a speak-up culture. We have established secure channels for reporting concerns about potential misconduct, and we strictly prohibit retaliation against anyone who raises concerns in good faith.
3.6 Third Party Risk Management
We carefully select and monitor our business partners. We conduct due diligence to ensure they share our commitment to ethical business practices and comply with all relevant laws and regulations.
3.7 Modern Slavery and Child Labour
We are committed to combating modern slavery and child labour in all its forms. We have strict policies and procedures to ensure that our operations and supply chains are free from these practices.
4. Implementation and Training
We regularly review and update these policies to ensure they remain effective and aligned with global best practices. All our employees receive regular training on these policies, and we expect our business partners to adhere to similar standards.
5. Compliance Monitoring
We have implemented appropriate measures to monitor compliance with this policy. This includes regular audits, risk assessments, and reviews of our business practices and those of our partners.
6. Reporting Violations
If you suspect any violation of this policy, please report it immediately to our compliance team at london@academiapark.co.uk. All reports will be treated confidentially and investigated promptly.
7. Consequences of Non-Compliance
Violations of this policy may result in disciplinary action, up to and including termination of employment or business relationships. In some cases, violations may also lead to legal action.
8. Changes to this Policy
We may update this policy from time to time. Any changes will be communicated to all employees and relevant business partners.
9. Contact Us
If you have any questions about this policy or our ethical practices, please contact our compliance team at london@academiapark.co.uk.
This ethical business practices policy was last updated on 1 April 2024.