Compliance with the Code of Ethics is a necessary condition for being granted the CFC status.
All companies wishing to obtain the CFC status must provide the CFC commission with a written undertaking to comply with the principles and ethical standards set out in this Code and ensure that all their employees comply with the Code. Each company undertakes to comply with the rules of this Code as a minimum requirement and adopt standards of best practice tailored to the specific requirements of its activities, ensuring that its customers’ interests remain its overriding priority
INTEGRITY
In order to safeguard CFC’s reputation, stability and prosperity and to foster a culture of trust and responsibility, CFC professionals must act with ethics and integrity when dealing with customers and other parties.
COMPETENCE
Each company must act competently and diligently in respect of the services it provides.
In order to meet this goal and carry out its work properly, it must continuously have an appropriate level of organisational, material andtechnical resources in relation to the nature and size of its activities and in accordance with international standards, that is, sufficient and competent human resources, high-quality and secure technical resources, an appropriate organisational structure and proper internal procedures.
TRANSPARENCY
In order to establish trust and encourage informed and responsible decision-making, it is essential to promote transparency and refrain from misleading or fraudulent practices and acts, while respecting the obligation for professional secrecy, confidentiality and the protection of personal data.
RESPECT FOR THE INDIVIDUAL
CFC aims to preserve mother-nature’s integrity and diversity by minimising the impact on the environment, taking environmental factors into account when making decisions and encouraging the sustainable use of energy and natural resources.
RESPECT FOR THE ENVIRONMENT.
Each company with the CFC status must ensure that it complies with current labour market legislation and prohibits the use of forced labour, compulsory labour or child labour as well as any form of discrimination whether in respect of staff, recruitment, customers, business partners or suppliers. It should also respect and value personal diversity among their employees and encourage their personal and professional development by taking into account their differences.