CORPORATE SOCIAL RESPONSIBILITY
UNIVERSAL TRADING & INVESTMENT CO., INC.
A Massachusetts corporation, incorporated on February 11, 1993.
POLICY STATEMENT
(As amended on February 1, 2012)
As a company operating in its own right and as a service provider to organizations and clients worldwide, UTICo is addressing issues of Corporate Social Responsibility (CSR) both internally and on behalf of its partners and clients.
We see it as an important part of our responsibility to foster the development, ensure productive relationships with all of our stakeholders, engage in projects that, inter alia, secure protection of the environment and be good citizens in the communities in which we operate.
Principles of ethical and safe conduct, coupled with our core values and a sense of corporate citizenship, provide the framework which guides UTICo both in its business activities and its CSR initiatives.
UTICo enjoys an open culture with a mindset of trust, dignity, and adherence to corporate policies. UTICo has active governance programs relating to our code of conduct, whistleblowing, insider policies, and other critical areas. Our goal is to support and promote integrity and policy compliance with our shareholders, partners, clients, and governmental agencies.
UTICo is committed to acting as a socially responsible company in our global community. This means that we will fully comply with the laws, rules and regulations of the countries in which we operate. It also means that we will go further by continually evaluating our business practices using the principle of sustainability. UTICo strives to understand and respect the cultural values and laws wherever we operate.
As a part of our commitment to create real value in a changing world, we are determined to hold ourselves accountable for the social, environmental and economic impacts of our operations, and we are committed to developing policies, business practices and services which drive change in our industry.
UTICo recognizes that operating in communities and countries is a privilege. We manage our business in a way that promotes social and economic benefits for our stakeholders. We believe that our efforts to build a competitive program base, enhance wellbeing benefit both UTICo and the jurisdictions where we operate.
UTICo’s corporate social responsibility includes the general policy of avoiding any conflicts of interest. A conflict of interest occurs when an employee’s private interest may interfere with the corporate interests of UTICo. Such a conflict may result in divided loyalties, and when loyalties are divided, it is hard to be objective about a decision.
Appendix.
The Pending Proposed Corporate Actions.
Most of the corporate actions are not publicly available. For the most recent corporate action that is made publicly available, see the link.
