OUR ETHICAL PRINCIPLES AND CODE OF CONDUCT
In the gold and precious metals industry, trust, transparency, and sustainability are adopted at KÂR Katılım Altın Rafinerisi A.Ş. as the fundamental point of departure for the conduct of all operational processes. All activities are carried out in accordance with ethical values and sustainability principles, in compliance with applicable laws and universal moral standards, and with a conscientious approach toward people, the environment, and the world, and this commitment is faithfully upheld.
The Ethical Principles and Code of Conduct has been prepared to set out the Company's business culture, core behavioural standards, and expectations from all employees and parties with whom it maintains business relationships.
The Ethical Principles and Code of Conduct applies to members of the Board of Directors, senior management, managers, all employees, temporary staff, interns, consultants, representatives, customers, suppliers, business partners, service providers, and all relevant third parties acting on behalf of or in a business relationship with the Company.
The Ethical Principles and Code of Conduct constitutes the foundational ethical framework governing all Company activities, business relationships, supply chain processes, customer and supplier relations, relations with public authorities, internal processes, and all transactions conducted on behalf of the Company.
Our Ethical Principles
1. Integrity and Transparency
The Company embraces an approach to business conduct grounded in honesty, openness, reliability, and accountability across all its activities. It places emphasis on accurate information sharing in business relationships, maintaining records that faithfully reflect reality, and transparency in all stakeholder relations. The Company expects its employees and all parties with whom it maintains business relationships to demonstrate a reliable, responsible, diligent, and values-aligned approach to business conduct.
2. Fair Competition and Market Integrity
The Company upholds fair competition, market integrity, and ethical trade principles in the precious metals market. It refrains from practices that are misleading or manipulative, that may give rise to unfair competition, or that could undermine confidence in the market.
3. Respect for Human Rights
The Company acts with respect for human rights in its dealings with employees, customers, suppliers, business partners, and other stakeholders. It maintains a zero-tolerance policy toward discrimination, forced labour, child labour, human trafficking, harassment, mobbing, and mistreatment.
4. Environmental Responsibility
The Company monitors the environmental impact of its operations and acts in compliance with applicable environmental legislation. It is committed to a responsible approach encompassing the conservation of natural resources, waste management, energy efficiency, and the mitigation of environmental risks.
5. Social Responsibility
The Company safeguards the wellbeing of its employees, local communities, and stakeholders affected by its operations. It supports the creation of a safe, inclusive, and respectful working environment, and is committed to generating social benefit and sustainable value.
6. Corporate Governance and Accountability
The Company upholds the principles of transparency, responsibility, accountability, effective internal control, and risk management in its decision-making processes. It attaches particular importance to ensuring that roles, authorities, and responsibilities are clearly defined and that business processes remain traceable.
7. Responsible Supply Chain
Responsible sourcing is regarded as an inseparable obligation within the precious metals supply chain and an integral component of ethical trade. In this context, the Company adopts a risk-based due diligence approach to ensure that sourced precious metals are not associated with human rights violations, conflict financing, illegal mining, bribery, corruption, money laundering, or environmental and social harm.
8. Information Security
Trade secrets, customer and supplier information, employee data, and personal data are subject to a duty of protection in accordance with the principles of confidentiality and information security. The unauthorised disclosure of information or the use of confidential information for personal gain is strictly prohibited.
9. Legal and Regulatory Compliance
All activities are conducted in compliance with applicable legislation, regulatory requirements, industry standards, and internal regulations. Regulatory compliance is recognised as an indispensable element of the Company's ethical business culture and corporate responsibility.
10. Speak-Up Culture and Non-Retaliation
Appropriate conditions and channels are maintained to enable the safe reporting of unethical conduct, human rights violations, compliance risks, or suspicious situations. Retaliation, pressure, or adverse treatment of any kind against individuals who make reports in good faith is strictly prohibited.
FEEDBACK
The Company values the views, suggestions, concerns, and notifications of employees, customers, suppliers, business partners, and other stakeholders in order to ensure the effective implementation of the Ethical Principles and Code of Conduct.
Any matters relating to unethical conduct, conflicts of interest, suspected bribery or corruption, human rights violations, responsible supply chain risks, confidentiality breaches, regulatory non-compliance, or any situation inconsistent with the Company's ethical principles may be reported through the following channels:
The Company evaluates all reports received in accordance with the principles of confidentiality, impartiality, good faith, and due diligence. Retaliation, pressure, discrimination, or any form of adverse treatment against any person or party who makes a report in good faith is not permitted under any circumstances.
Compliance Matters: [email protected]
Ethics and Whistleblowing Reports: [email protected]
Address: Yarımburgaz Mah. 1. Cumhuriyet Cad. No:50 İç Kapı No: 1 Küçükçekmece / İstanbul / TÜRKİYE
Ethics and Compliance Violations Reporting Form
Ethical Principles and Code of Conduct