Ethics Policy

1. Introduction

Geviton is committed to conducting its business with the highest ethical standards. This policy outlines the ethical principles that guide our business practices, the behavior expected of all employees, partners, and suppliers, and our commitment to social responsibility, sustainability, and compliance with local and international regulations.

Our mission is to develop and deliver innovative, sustainable solutions in electronics, telematics, energy management, and hardware, ensuring a positive impact on society, the environment, and our stakeholders.

2. Core Ethical Principles

Integrity and Transparency:

We are committed to acting with integrity in all our dealings, both internally and externally. This means being honest, transparent, and accountable in our communications, decisions, and business practices.
All information about our products, services, and operations will be truthful, avoiding any form of misleading claims or representations.

Respect for the Law:

Geviton abides by all local, national, and international laws, regulations, and standards that apply to our business. This includes but is not limited to environmental regulations, labor laws, and standards for fair competition.

Sustainability and Environmental Responsibility:

We prioritize sustainability across all aspects of our operations. We strive to minimize the environmental impact of our products, with particular emphasis on battery repurposing, energy efficiency, and renewable energy solutions.
Our goal is to reduce waste, promote recycling, and continuously improve our carbon footprint in line with global environmental goals.

Fair Competition and Anti-Corruption:

Geviton is committed to competing fairly and ethically in all markets. We do not tolerate any form of bribery, corruption, or anti-competitive behavior.
All employees and partners must avoid conflicts of interest that could undermine the integrity of our business.

Diversity and Inclusion:

We value diversity and are committed to creating a work environment that is inclusive, respectful, and free of discrimination or harassment.
Geviton provides equal opportunities for all employees, partners, and suppliers, irrespective of gender, race, religion, sexual orientation, or socioeconomic status.

3. Employee Conduct

Confidentiality and Data Protection:

Employees must respect the confidentiality of company information, as well as that of customers, partners, and suppliers.
Personal data will be handled in compliance with applicable data protection laws.

Health and Safety:

We are committed to maintaining a safe and healthy work environment for all employees, contractors, and visitors. All employees must adhere to safety protocols and report any potential hazards.

Ethical Innovation and Product Development:

Our commitment to ethics extends to how we design and manufacture products. Geviton aims to create innovative products that not only meet market needs but also align with sustainability goals.
Employees are encouraged to foster creativity while upholding ethical standards in research, development, and production processes.

4. Supplier and Partner Relationships

Ethical Sourcing:

Geviton expects its suppliers to adhere to the same ethical standards that we uphold. This includes responsible sourcing of materials, with particular attention to the ethical sourcing of conflict-free minerals and sustainable raw materials for our products.

Environmental and Labor Practices:

Suppliers and partners must comply with local labor laws, provide safe working conditions, and avoid any form of forced labor, child labor, or unfair treatment of workers.
We encourage suppliers to adopt environmentally sustainable practices, particularly in the production and disposal of electronic components.

Community Engagement:

Geviton actively engages with communities where we operate, supporting initiatives that promote education, energy access, and technological empowerment, particularly for underserved populations.
We are committed to playing a positive role in economic development through job creation, training programs, and partnerships with local businesses.

Energy and Resource Efficiency:

A key component of our CSR efforts is the development of energy-efficient and affordable solutions that improve access to renewable energy in rural and low-income areas.
Our battery repurposing technology exemplifies our commitment to reducing environmental impact while providing sustainable energy storage solutions.

6. Compliance and Reporting

Compliance with the Ethics Policy:

All employees, contractors, and suppliers are expected to comply with this ethics policy. Geviton will take appropriate disciplinary action for any breaches of this policy, up to and including termination of employment or contracts.

Reporting Mechanism:

Geviton encourages open communication and provides mechanisms for reporting unethical behavior or violations of the ethics policy. Any concerns can be raised anonymously through our whistleblower system, and all reports will be investigated impartially.

Regular Audits and Reviews:

The ethics policy will be reviewed periodically to ensure its relevance and effectiveness. Internal audits will be conducted to monitor compliance, and corrective actions will be implemented where necessary.

7. Governance and Accountability

Board Oversight:

Geviton’s Board of Directors is responsible for overseeing the implementation of the ethics policy. An Ethics and Compliance Committee will regularly review practices to ensure alignment with our goals.

Stakeholder Engagement:

We believe in transparency and accountability to our stakeholders. Regular updates on ethical practices and CSR initiatives will be shared with stakeholders, including investors, customers, and employees, through our ESG and annual reports.

8. Conclusion

Geviton's commitment to ethical business practices is fundamental to our operations. By fostering a culture of integrity, sustainability, and respect, we aim to create long-term value for our customers, employees, and communities while contributing positively to society and the environment.

Approved by:
Board of Directors, Geviton
Date: Jan 11, 2023