Page 10 - Interloop Annual Report 2018-2019
P. 10

CODE OF CONDUCT                                                                                                               CORPORATE STRATEGY








            Interloop Limited conducts its business based on the highest ethical standards in                                             With unparalleled economic uncertainty in the local and global markets, it has
            full compliance with all applicable laws. Honesty and integrity take precedence                                               been imperative for Interloop to maintain a growth mindset and work towards
            in all relationships including those with customers, suppliers, employees and                                                 increasing the value of our organization for all our stakeholders. We aspire to
            other stakeholders.                                                                                                           be a partner of choice for our customers with multi-category and multi-country

            Ethics and Business                                Relations with Business                                                    capabilities, leveraging our manufacturing scale and flexibility, underpinned by
                                                                                                                                          incredibly diverse and empowered teams.
            Practices                                          Partners

            •  We conduct  the company’s  business  in an      We seek to do business with suppliers, vendors, contractors
               environmentally  responsible and sustainable manner   and other independent businesses who demonstrate high
               and provide employees with a safe and healthy   standards of ethical business behavior. Our company will not
               workplace.                                      knowingly do business with any persons or businesses that
            •  All employees are expected to understand the permits,   operate in violation of applicable laws and regulations for
               Health, Safety & Environment Policy and local laws   employment, health, safety and environment. We shall take
               and business regulations related to their work and   steps to assure that our suppliers, vendors and contractors
               comply fully so that our shareholders, other employees,   understand the standards we apply to ourselves and expect
               customers, suppliers, stakeholders and the government   them to do the same.
               have complete faith in the way we operate and that our
               business decisions are made ethically and in the best   Our People
               interests of the company.
                                                               We believe  that highly engaged employees are a key
            •   Over the years,  Interloop has developed  a robust   ingredient  for professional development  and business
               organizational culture based on the strong foundation   success. Therefore, we invite our employees to contribute
               of company’s Mission & Values i.e. Integrity, Care,   their best and to avail the opportunities for improvement and        Sales
               Accountability, Respect & Excellence.           growth. We are an equal opportunity employer and promote
            •  We have recently launched Uniform Behaviors;    gender diversity, inclusion, self-development and innovation.              Grow sales by delivering innovative/value added products   our ways of working and digitizing our supply chain, we will
               a complete manual  outlining  essential behaviors   We provide employees with tools, techniques, and trainings             faster, expanding hosiery product offering and diversifying   be able to drive efficiency and manufacture more sustainably,
               expected  of our employees  while doing business   to master their current jobs, broaden their skills, and advance         into adjacent product categories including denim, seamless   with the aim to be the fastest in South Asia.
               across the organization. The Uniform Behaviors Manual   their career goals and groom as good human beings.                 activewear and knitwear. Our new categories will be igniting
               has been developed to replicate the same culture                                                                           our next phase of growth as we prepare to deliver end to end   Culture
               across rapidly  growing multiple  business categories.                                                                     solutions to our customers across multiple categories.
               Uniform Behaviors lead to mutual trust, measuring                                                                                                                             We believe groundbreaking  performance  is  only possible
               success, personal & professional growth, performance                                                                       Costs                                              when teams are empowered and equipped to deliver. We are
               management, succession planning, continuous learning                                                                                                                          bringing our vision to life by developing an agile organization
               & improvement and will act as a sustainable roadmap                                                                        Whilst maintaining a growth mindset, our focus is to remain   structure and launching skill development  programmes
               for employees, for succeeding in their personal and                                                                        competitive by efficiently managing our cost base, focusing   focusing  on leadership, analytical and technical skills.
               professional lives.                                                                                                        on improving productivity, reducing input costs, improving   Workplace safety is paramount to the work we do and with
                                                                                                                                          equipment efficiency, reducing wastage and improving our   over 17,000 people working for us, their health and safety
            Assets and Proprietary                                                                                                        energy efficiency.                                 comes first. We have focused on developing a competent
                                                                                                                                                                                             team with specialist experience who understand health and
            Information                                                                                                                   Quality                                            safety  risks and have  stringent policies and procedures
                                                                                                                                                                                             in place to manage  such  risks,  helping eliminate serious
                                                                                                                                          To deliver on our ambitions, it is important that we not only   injuries.
            We consider our company’s physical and intellectual assets
            very valuable and have an obligation to protect them in the                                                                   maintain our quality and service level but also continuously
                                                                                                                                          improve our quality management processes and systems,
            interest of the company and its shareholders. Safeguarding                                                                    driving efficiency through standardization and automation,   Business with Purpose
            company information is important for our business  and
            all employees  are expected  to know  which information is                                                                    using  preventive and  ultimately predictive solutions  to   Our ultimate destination  is our mission  which is more
                                                                                                                                                                                             than just words - it is reflected in all our decisions  and
            proprietary and must not be disclosed  to unauthorized                                                                        achieve 100% pass rates.                           our business practices. Our ambition is to transform lives,
            sources. Employees are responsible for applying all available                                                                                                                    improve wellbeing and build  diverse, empowered and
            tools to manage the company’s information resources and                                                                       Speed                                              inclusive workforce whilst ethically using our resources. In   2018 - 19
            records.
       Interloop Limited                                                                                                                  in sampling  and manufacturing  become catalysts  for   our mission – an agent of positive change.     Annual Report
                                                                                                                                          As we  move  forward towards our vision, achieving speed
                                                                                                                                                                                             today’s world our success is determined by staying true to
                                                                                                                                          transformation. By  streamlining our  processes, innovating


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