Page 15 - Hexagon Code of Business Conduct & Ethics
P. 15

5. 4. 3 Due diligence                       5. 5   Trade compliance
 Hexagon may be held responsible for corrupt conduct by third parties acting   Hexagon provides products and services around the world.   As such, we
 on Hexagon’s behalf.  Before engaging a third party that will be representing   must comply with all applicable trade laws and regulations, including those
 Hexagon or interacting with government agencies or other third parties   that relate to export controls, trade sanctions programmes, and customs
 on Hexagon’s behalf, Hexagon must perform appropriate due diligence to   procedures, and we expect our trading partners to do the same.
 determine whether the third-party is suitable to represent Hexagon.





 It depends.  Many laws
 What if  impose several restrictions           What if                                    Notify your export

 You are considering   on Hexagon’s ability to hire   I learned that our customer          officer, as export
 US government employees.
 hiring a former   Before speaking with any     prospect intends to use our                of our products
                                                                                           for military use in
 government engineer   government employee      product for manufacturing                  certain countries,
 to work at Hexagon.    about employment        military items, while                      e.g., Russia, may be
 They are very qualified   opportunities at Hexagon,   formally declaring the use          prohibited or require
 consult with the Hexagon
 for the position. May   compliance team to     for civil purposes.  What                  an authorisation of
 you hire this engineer?   ensure compliance with   should I do?                           export authorities.
 applicable laws.





          5. 5. 1  Export control and trade
          sanctions programmes
 5. 4. 4 Public contracting/doing business with government customers
 Hexagon sells to national, state and local governments   government officials, and payment of commissions or   If our products are found in sanctioned
 and their agencies around the world. Strict rules apply   contingent fees to third parties for assisting Hexagon to   countries or in the possession of unauthorised
 to business relations with government agencies and   win government contracts.  end-users, government regulators may
 their officials. These rules may sometimes differ from   question the integrity of our internal controls,
 those that apply when dealing with commercial or   Hexagon funds may not be used for political activity.   even if a third party is solely responsible for
 private customers.  Notwithstanding the foregoing, lobbying activities may be   an unauthorised shipment. Export laws and
 undertaken with the advance approval of the CEO.  regulations also may apply to third-party
 Hexagon conducts its business with government agencies   products that incorporate Hexagon products or
 in compliance with these rules, including those related to   For further guidance, see the Hexagon Public   that are made using technology or services from
 procurement, lobbying, gifts and entertainment, making   Contracting Compliance Programme Summary.  Hexagon.
 false claims or statements, recruiting current or former
        Prior to the export or in-country transfer
        of goods, software, technology or services,
        Hexagon confirms that the export is lawful and
        does not violate an applicable economic or
        trade sanctions programme.

        Hexagon will not export any item or provide
        services to any party if Hexagon knows or has
        reason to believe the Hexagon item will be
        used or retransferred in a manner contrary to
        applicable export control or trade sanction
        laws and regulations or if the party, or any other
        party to the transaction, is prohibited under an
        applicable trade sanctions programme or other
        list of proscribed individuals or entities.

       For further guidance, see the Hexagon Trade Export
       Compliance Programme Summary.




 14                                                                                                              15
   10   11   12   13   14   15   16   17   18   19   20