Our policies

Bufab Group’s practices are primarily guided by our Code of Conduct as well as a number of different policies.

Code of Conduct Policy

Bufab promotes a positive, respectful, professional work environment that encourages ethical behaviour, personal integrity, and mutual respect. This policy outlines the fundamental principles and expectations for all Bufab employees, contractors, and affiliates.

It aims to ensure that everyone associated with Bufab conducts themselves in alignment with Bufab's values, legal obligations, and ethical standards. It provides clear guidelines to uphold a culture of integrity, accountability, and transparency within our organisation.

Sustainability Policy

We aim to improve productivity in the customers’ value chain for C-parts, thus reducing total costs and ensuring an end-to-end sustainable value chain.

Bufab strives for Sustainable Leadership in all its operations. This means that the three pillars of sustainability: environmental, economic, and social- are considered when making decisions.

Human Resources Policy

At Bufab, we recognise that our employees are the key to our success and that nothing can be achieved without their dedication and commitment.

With this HR policy, we want to guide our employees’ behaviour, expectations, and responsibilities, ensuring alignment with labour laws, ethical standards, and company values.

At the same time, we want to ensure a fair, safe, and efficient work environment that benefits both employees and Bufab.

Bufab adheres to high ethical and business standards, distancing itself from all forms of corruption. All Bufab personnel shall conduct company business in a manner that is both legal and ethical. Bufab shall not use illegal payments, bribes, kickbacks, or other questionable inducements to influence any business transaction.

This policy applies to all Bufab subsidiaries. Each subsidiary has either implemented this policy or a similar policy at least as strict.

Anti-Corruption and Bribery Policy

Bufab adheres to high ethical and business standards, distancing itself from all forms of corruption. All Bufab personnel shall conduct company business in a manner that is both legal and ethical. Bufab shall not use illegal payments, bribes, kickbacks, or other questionable inducements to influence any business transaction.

This policy applies to all Bufab subsidiaries. Each subsidiary has either implemented this policy or a similar policy at least as strict.

Anti-Corruption and Bribery Policy

This policy aims to help the Bufab Group provide high-quality information both internally and externally. The Policy describes how Bufab should consistently and uniformly interact with the media and investors and provides a framework for organising the company’s communication.

It also contains certain practices related to handling inside information. These procedures are complementary and subordinate to the rules on handling inside information contained in Bufab's Insider policy.

Communication Policy

To ensure that all entities within the Bufab Group comply with applicable laws and regulations and that the group's values and desired ways of conducting business are communicated and followed throughout the entire organisation, Bufab AB has developed several governing documents, including this policy.

Corporate Governance Policy

Bufab’s goal is to generate a steadily increasing dividend. 

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Our environmental policy demonstrates Bufab's commitment to contributing to a sustainable society through our direct and indirect impacts, which are supported by our long-term sustainability efforts. 

Bufab Group aims to be the sustainable leader in customer satisfaction by delivering sustainable products and value-added services. 

Environmental Policy

At Bufab, we recognise our extensive responsibility for our operations and their long-term impact on people, the environment and society.

Bufabs hälso- och säkerhetspolicy beskriver omfattningen och de övergripande målen för hälsa och säkerhet och fungerar som ett heltäckande ramverk för hela koncernen. Vår policy erkänner att vårt globala företagsansvar måste vara balanserat med hänsyn till våra kunders behov, andra intressenters och vinstens behov.

Health & Safety Policy

This Policy's objective is to outline Bufab's, its employees', and directors' primary obligations regarding inside information, including insider trading, trading restrictions, and other insider matters.

Insider Policy

This policy demonstrates Bufab’s commitment to preventing modern slavery and human trafficking in all forms across its operations and supply chains. We strive to ensure that our business and the businesses we engage with operate at the highest ethical standards.
Modern slavery encompasses slavery, servitude, forced or compulsory labour, and human trafficking. It includes any form of exploitation where individuals are coerced or deceived into performing work against their will, often under threat or control.

This policy adheres to the provisions of the Modern Slavery Act 2015 (UK) and the Trafficking Victims Protection Act (TVPA) (US), as well as other relevant international and local legislation.

Modern Slavery Policy

Bufab recognises that customer satisfaction is the ultimate measure of our quality compliance and market success. To achieve this success, we must ensure that we have effective processes and tools and maintain sound risk management throughout the value chain. All employees must contribute through their commitment and expertise to achieve the specified quality.

When customers choose Bufab as a partner, they can expect to receive Peace of mind. Our products and services are safe, comply with applicable requirements, are quality assured and meet or exceed customer expectations.

Quality Policy

This Policy ensures that all international trade and export activities conducted by Bufab comply with relevant national and international regulations concerning sanctions, export controls, and anti-terrorism measures. 

The policy is designed to prevent exporting or re-exporting goods, services, or technology to prohibited countries, entities, or individuals. Additionally, it aims to safeguard the company from the legal, financial, and reputational risks associated with violations of these laws.

Sanctions and Export Control Policy

Through this Supplier Code of Conduct, we communicate our expectations to our suppliers that they operate in accordance with Bufab, in line with internationally recognised standards on Human Rights, Labour Rights, Environment, and Anti-corruption.

The Bufab Supplier Code of Conduct, or equivalent requirements, must be adhered to by all suppliers' first-tier sub-suppliers providing products or materials to Bufab.

Supplier Code of Conduct

As a trading company, procurement is a central part of our business. We recognise the importance of continuous improvement, with our suppliers as key partners in developing our social, environmental and ethical practices. This is achieved through our Sustainable Supplier Engagement Programme.

We also aim to reduce the total cost of ownership for our customers, ensure an interruption-free supply chain, and meet strict due diligence requirements in line with the EU Deforestation Regulation (EUDR).

Using a risk-based approach, we assess our supply chain to spot opportunities for enhancement. We encourage suppliers to adopt environmentally friendly practices and generate social benefits.

Sustainable Procurement Policy

This policy applies to all Bufab’s subsidiaries without exception.

We encourage coworkers to report serious concerns occurring within or concerning Bufab without risk of victimization or discrimination rather than overlooking a problem or seeking a resolution of the issue outside the company.

If you believe or suspect that Bufab, or anyone acting on its behalf, is violating applicable laws, policies, internal procedures, or ethical norms or if you observe any other issues of concern, we welcome you to read our Whistleblower policy and to report concerns here: Bufab SpeakUp

Whistleblower Policy

Bufab adheres to high ethical and business standards, distancing itself from all forms of corruption. All Bufab personnel shall conduct company business in a manner that is both legal and ethical. Bufab shall not use illegal payments, bribes, kickbacks, or other questionable inducements to influence any business transaction.

This policy applies to all Bufab subsidiaries. Each subsidiary has either implemented this policy or a similar policy at least as strict.

Anti-Corruption and Bribery Policy