Upholding high ethical standards for all our business dealings
Infinite Electronics does not engage in, nor tolerate, corruption within its business dealings, either domestically or abroad, as evidenced in our internal Code of Conduct. If at any time we detect or become aware of a violation of this code among our personnel, we will take aggressive action to correct these behaviors or terminate the non-compliant employee(s).
What is Corruption?
Defined within our Code of Conduct for they type of business we engage in, corruption is considered participating in bribery or kickbacks. Bribery is the act of giving money, goods or other forms of compensation in exchange for an alteration of the recipient’s behavior (to the benefit of the giver) that the recipient would otherwise not alter. A kickback is a form of negotiated bribery in which a commission is paid to the bribe-taker in exchange for services rendered. Many foreign countries are fighting a long-standing culture of corruption and thus pose a challenge to anyone doing business internationally.
Infinite Electronics, through the use of our internal Code of Conduct, flows down strict requirements against bribery and kickbacks. Our employees are trained to the code and held accountable for their actions. Training includes a focus on the US Foreign Corrupt Practices Act (FCPA) of which a violation would be considered: Giving OR offering OR promising, Directly OR indirectly, Anything of value, To any foreign official, political party, or candidate, With corrupt intent, In order to obtain OR retain business OR gain an improper business advantage. Compliance with anti-bribery requirements is also flowed down to our distributors through contractual clauses and annual training.