This Code establishes the standards BIO OIL GROUP requires of its suppliers, service providers and business partners. It applies to all current and potential suppliers, and to the work carried out for us by their employees, workers and subcontractors.
Compliance with this Code is a condition of doing business with BIO OIL GROUP. The standards set out below are minimum standards; where applicable law imposes a higher requirement, that law applies.
This Code sits alongside our Code of Conduct and our Human Rights Policy, which set out the standards we apply to our own operations.
BIO OIL GROUP is aware of its responsibilities towards people, society and the environment in which our suppliers and we conduct our business. We support sustainable development, and the conduct of our suppliers is indispensable in this respect.
We are committed to conducting business in an ethical, legal, and socially responsible manner, in line with the Universal Declaration of Human Rights, the core labour standards of the International Labour Organization (ILO), and the UN Guiding Principles on Business and Human Rights. We expect our suppliers to be aware of and to comply with all relevant laws and regulations, as well as the principles set out in this Code, as a minimum standard in order to do business with us.
We expect our suppliers to share our commitment to a clean and safe environment. Suppliers shall comply with local and international environmental regulations and standards. Such compliance shall include, as a minimum, the following:
We are committed to respecting international labour standards. We expect our suppliers to adhere to international principles and to comply with national legislation and applicable corporate codes, and to understand that respecting workers’ rights and improving working conditions are essential to our business relationship. The following is considered a minimum standard:
Forced Labour: the use of forced labour, whether obtained under the threat of punishment, withholding of identity papers, requiring workers to deposit a bond, or any other constraint, is strictly prohibited. This includes any form of human trafficking.
Child Labour: suppliers shall not employ any person below the minimum working age set by applicable law, and in no case below the age established by ILO Convention No. 138. No person under the age of 18 shall be engaged in hazardous work.
Harassment and Abuse: we expect our suppliers to treat their workers with respect and dignity. Suppliers may not allow or engage in corporal punishment, psychological or physical harassment, or any other form of abuse.
Discrimination: discrimination of workers in any form is prohibited. This applies to discrimination on the basis of gender, race, skin colour, disability, political opinion, origin, religion, age, pregnancy or sexual orientation. The personal dignity, privacy and personal rights of each individual are to be respected.
Wages and Benefits: as a minimum, suppliers shall pay regular wages and pay overtime at the legal rate imposed by the country in which they operate, and provide their workers with the benefits applicable law requires. Where there is no legal minimum wage or overtime rate in the country of operation, wages shall be at least equal to the average minimum in the relevant industrial sector, and overtime pay at least the usual rate of pay. Wages shall be paid regularly and on time, and unlawful deductions are prohibited.
Working Hours: suppliers shall comply with applicable law on working hours, rest breaks, daily and weekly rest periods, and paid leave. Overtime shall be voluntary and shall be compensated in accordance with applicable law.
Freedom of Association: we expect our suppliers to respect and recognise the right of each worker to bargain collectively, and to form or join the trade union of their choice without penalty, in accordance with local labour law and established practice.
Occupational Health and Safety: based on the specific risks present in their sector, the supplier shall provide their workers with a healthy and safe working environment. As a minimum:
Legal Requirements: we expect our suppliers to act in full compliance with the law. Suppliers shall abide by all national, local and international laws relating to the management of their businesses.
Customs and Security Authorities: suppliers shall comply with applicable customs laws, including those relating to imports and the prohibition on transshipment of merchandise into the country of import.
Anti-Corruption: suppliers shall condemn and act against corruption in all its forms, including extortion, bribery, kickbacks and facilitation payments.
Confidentiality and Data Protection: suppliers shall meet the reasonable expectations of their principals, suppliers, customers, consumers and employees with respect to the protection of private information, and shall comply with data protection and information security laws and regulations when collecting, storing, processing, transmitting and disclosing personal information.
Suppliers are expected to extend the requirements of this Code to their own suppliers and subcontractors engaged in work relating to goods or services provided to BIO OIL GROUP, so that equivalent standards apply throughout the value chain.
Where a supplier becomes aware of a serious adverse impact on people or the environment in its own supply chain relating to goods or services provided to us, it shall inform us without undue delay.
Anyone may raise a concern about conduct covered by this Code, including the employees and workers of our suppliers and members of affected communities.
Concerns may be raised through our whistleblower channel at https://www.bio-oil.biz/en/compliance or directly to compliance@bio-oil.biz. Reports may be made anonymously and are handled confidentially and impartially. We do not tolerate retaliation against anyone who raises a concern in good faith, and we expect our suppliers to apply the same principle within their own organisations, including making a reporting route available to their workers.
Suppliers shall conduct internal checks to ensure their compliance with this Code and with applicable legal requirements. Where a supplier identifies an area of non-compliance, it shall notify BIO OIL GROUP and remedy the non-compliance in a timely manner.
We reserve the right to conduct audits where, in our reasonable judgement and on the basis of credible evidence, circumstances appear to indicate a breach of this Code. Suppliers shall cooperate with reasonable requests for information made for this purpose.
Where a breach is identified, we expect the supplier to agree and implement corrective measures within a reasonable timeframe. Our preference in every case is remediation and improvement. Where a supplier is unwilling to remedy a serious breach, or where remediation fails, we reserve the right to suspend or terminate the business relationship in accordance with the applicable contract.
Overall responsibility for this Code rests with executive management. The Compliance Officer is responsible for its implementation and reports to executive management. This Code is reviewed annually.
For any question regarding this Code, please contact us at compliance@bio-oil.biz.
Version 1.0 · Effective August 2026 · Approved by executive management