The Gerdau Group has developed and consolidated its ethical values through more than 100 years of experience. These values, compiled in the Group's Ethical Guidelines, are based on integrity, correctness and consistency.
Relationship with Employees
The Gerdau Group encourages employees to be actively involved in their personal development. We promote trust, transparency and access to information. Together with our professionals, we also work towards the development of people committed to the communities where they live and to the respect of privacy.
Above all, we value the person as a whole. With this objective, we provide resources and knowledge for the development of a healthy and safe work environment.
The Gerdau Group also prepares its employees for retirement and handles the retirement process with respect and dignity. Negotiations with unions follow the principles of open dialog, listening to all points of view and respecting the positions of all parties. Our compensation system rewards performance and outstanding contributions.
Our employees follow guidelines concerning the care and use of Company assets, personal conduct, resolution of conflicts of interest, use of information technology resources, and giving and accepting presents or gifts. These guidelines also apply to loyalty, safety procedures and the disclosure of Company information.
Relationship with Customers
The Gerdau Group encourages lasting relationships, built on trust, with our customers. We ensure that all contracts with customers are fulfilled, and require that our contractors’ business conduct be in accordance with our Ethical Guidelines. We respect our customers’ rights, and supply products and services that meet their needs, using procedures in keeping with the concepts and practices of Total Quality Management.
The Group’s employees are responsible for identifying our customers’ priorities and improving customer services and product quality. Our employees only make promises regarding products and services when they can be fulfilled.
Relationships with Shareholders
The Gerdau Group uses financial resources prudently and provides transparent and up-to-date information about transactions to shareholders. Business is conducted to ensure profitability and continued financial security.
Our employees use our shareholders’ financial resources with the same prudence that they apply to their own resources. They therefore use only information that has been made available to the market and never resort to inside information.
Relationship with Suppliers
The Gerdau Group encourages lasting relationships, built on trust, with our suppliers. We only contract competent suppliers that fulfill their legal obligations and work according to the standards governing their field.
Employees should not contract private services from the Company's suppliers. Employees involved in contracting suppliers, follow the Company's current policies for this procedure.
Relationship with Competitors
The Group's relationships with competitors are based on ethical and legal practices. The Gerdau Group believes in the principles of free market competition.
In addition, our employees refrain from acts that may harm the image of our competitors.
Relationships with the Community
The Gerdau Group follows the principles of social responsibility, equality, dignity, communication and transparency. We promote and value our employees’ voluntary work, either on an individual or company basis, for the benefit of the community.
Our advertising campaigns use only honest, socially acceptable content that respects community standards and the principles of free competition and meets legal requirements.
As well as this, our employees are prepared to respect all stakeholders and refrain from the abuse of power.
Relationship with the Environment
The Gerdau Group continuously invests in state-of-the-art technology and team training and development. We also seek partnerships with sectors of society that bring synergies to the steelmaking activity and advance our policy of sustainable development.
The Company has clear goals for environmental preservation. To achieve these goals, each employee follows the action plan defined in our Environmental Management System.
Violation of Guidelines
A dedicated phone extension and an intranet are available for employees to inform about violations of the principles established in the Gerdau Group’s Ethical Guidelines.
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