Ethical Principles and Ethics Reporting Line

Our Approach to Ethics

At Karcan Cutting Tools, we conduct all our activities in line with the principles of integrity, transparency and accountability. We consider compliance with laws, international standards and business ethics to be our fundamental responsibility in all our relationships with stakeholders, from our employees and suppliers to our customers and business partners.

Our Core Ethical Principles

• Integrity and Transparency: We share accurate, clear and reliable information in all our business processes.
• Legal Compliance: We comply with applicable legislation and international trade rules in every country where we operate.
• Anti-Bribery and Anti-Corruption: Under no circumstances do we offer or accept bribes, favouritism or any undue advantage.
• Avoiding Conflicts of Interest: We do not allow personal interests to conflict with the interests of the company or our stakeholders.
• A Fair and Respectful Workplace: We oppose all forms of discrimination, harassment and mobbing, and we are committed to equal opportunity.
• Occupational Health, Safety and Environment: We regard protecting the health of our employees and the environment as an integral part of how we do business.
• Information Security and Confidentiality: We protect information belonging to our customers, suppliers and employees in accordance with confidentiality principles and applicable data protection legislation.
• Fair Competition: We avoid any conduct that would constitute unfair competition in our relations with competitors.

Ethics Reporting Line

If you encounter a situation that you believe violates our ethical principles, the law or company policies, you can report it to us. Reports may be submitted by our employees, suppliers, customers and all other stakeholders.

E-mail: mailto:[email protected]

What can be reported?

Suspected bribery or corruption, conflicts of interest, fraud or irregularities, discrimination, harassment or mobbing, breaches of occupational health and safety, practices contrary to environmental regulations, misuse of confidential information and any other conduct contrary to our ethical principles.

What should your report include?

Describing what happened, when and where it took place, the persons involved (if any) and any supporting documents will help us assess your report. Providing your name is not mandatory; however, leaving your contact details allows us to request additional information if needed.

Confidentiality and Protection Against Retaliation

All reports are handled confidentially and are reviewed only by authorised members of the Ethics Committee. No one who makes a report in good faith will be subjected to any adverse treatment, retaliation or discrimination as a result. Reports made knowingly false or in bad faith will be assessed separately.

How Are Reports Handled?

• Each report is recorded, and receipt is acknowledged within [X] business days (if contact details are provided).
• The Ethics Committee carries out a preliminary review.
• Where necessary, a detailed investigation is initiated.
• Based on the findings, appropriate corrective actions are determined and implemented.
• Where appropriate, the reporting person is informed about the outcome of the process.

Protection of Personal Data

Personal data shared within the scope of an ethics report is processed solely for the purpose of assessing the report, in accordance with Turkish Personal Data Protection Law No. 6698 (KVKK). For more information, please see our Privacy Notice.