Corporate Social Responsibility

OFS, as a member of the international business community, commits to its customers, the community and the shareholders of its parent company, The Furukawa Electric Co., Ltd., to operate in a socially responsible manner.

The objective of OFS' corporate social responsibility policy is to guide the conduct of OFS' business and relationships in the countries in which we operate. The reference point for the policy is the applicable law of those countries, including international law as incorporated by that law.

Scope

The corporate social responsibility policy applies to all our facilities throughout the world. It applies to all OFS executives, managers and employees and governs our approach to all of our activities.

Standards of business conduct (Code of Conduct)

We are committed to ensuring that our business is conducted in all respects according to rigorous ethical, professional and applicable legal standards including the US antitrust laws and the Foreign Corrupt Practices Act.

Environment, Health and Safety

We are committed to a program of activities to achieve continuous improvement in health and safety performance.

Our objective is to reduce our impact on the environment, including factors contributing to climate change, through a commitment to continual improvement and to comply with environmental legislation and regulations in the jurisdictions where OFS companies operate.

To learn more, please read The OFS Environmental Health and Safety Policy.

Employees

We are guided by our aim to deliver a competitive and fair employment environment and the opportunity to develop and advance personal performance and business opportunity. We encourage employees to treat each other and those with whom they interact with dignity and respect. We seek to create an environment that embraces respect for individuals. We are an equal employment opportunity employer and prohibit employment and other practices based on racial, color, national origin, religious, sex or age discrimination. Our policy is to comply with (i) all applicable laws which prohibit child labor; (ii) wages and hours laws and regulations, including in the USA the constitutional prohibition on forced labor, the Fair Labor Standards Act, and similar state and local legislation; and (iii) applicable laws and regulations regarding employee safety and working conditions. We cultivate an environment where people feel free to speak out, make suggestions and raise concerns. We also respect our employees’ right to associate and be represented.

Customers

Our business and livelihood depend upon our customers. Every employee is responsible for ensuring that any contact with our customers and the public at large reflects professionalism, efficiency and honesty. We constantly strive to provide high quality service and products and good value.

Suppliers

We make regular efforts to work with our suppliers to help us achieve our policy aspirations in the delivery of our products and services. Through vendor requirements and our quality control procedures, we seek to supply products to our customers which are environmentally friendly and safe to use. OFS is committed to working with its suppliers to see to it that the welfare of workers and labor conditions within our supply chain meet or exceed recognized standards as well as encouraging suppliers to adopt environmentally friendly practices. OFS conducts regular visits and audits of our global supply chain partners thought out the year to meet these goals.

Community

We recognize that our business activities have varying direct and indirect impacts on the communities in which we operate. We endeavor to manage these in a responsible manner, believing that sound and appropriate performance in this area is linked to business success. We are committed to reviewing and continuously improving our social responsibility program and encourage our suppliers to implement corporate social responsibilities appropriate to their businesses.

Responsibility and Implementation

The CEO of OFS has final responsibility for this policy. The Vice President of Human Resources, supported by the OFS Executive Team, is responsible for co-coordinating implementation and operation of this policy and reporting on it to the CEO and OFS' Board of Managers. Monitoring and enforcement of this policy is the responsibility of each of the individual facility managers and their environmental/safety, sales and marketing, procurement, financial, and human resources teams. This policy is communicated to OFS personnel by publication on the OFS intranet website and will be re-issued at least annually.

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