Corporate Principles
CNT understands the challenges that are faced in operating on a global scale and having a complex international supply chain. That is why CNT remains committed to maintaining its principles and business practices as it expands its global operations. In the ever changing corporate, multinational environment it is clear that the cornerstone of the organisations successful long term growth is based on its commitment to maintaining corporate principles which are transparent and clear while encompassing the wider stakeholder audience. It is through this that CNT operates as an international organisation, putting transparency and good corporate citizenship as a fundamental principle in its operations.
CNT has a reputation for both professional and flexible customer service while providing the highest in quality. For CNT quality is not only limited to a product but it is about quality of service, quality of customer care, quality of legal responsibility, quality of financial practices and quality of sustainability. Through these dedications CNT makes continuous improvement in all its areas focusing on quality improvement. This is done through respect, investment, business opportunities and expansion for the Company’s sustainable future. As a family owned business, the DNA of the company is based on long term interests .
The principle of mutual benefit is the basis on which CNT builds its long term relationships with its stakeholders, whether is a business partner or a contract farmer. It is a core belief that all its stakeholders should have the opportunity to benefit from their relationship with CNT.
High standards of behaviour, professional conduct, ethics, integrity and respect for employees’ rights are fundamental to CNT. These are attributes that CNT is proud to posess and extends this to environmental responsibility, integrity and fair competition in CNT operations.
COMPLIANCE STATEMENT
Compliance Statement
Legality and Corporate Responsibility are an integral part of CNT’s Corporate Governance Principles.
All affiliated companies adhere to the applicable laws and regulations in the countries where business activities are conducted as a minimum standard (Legality Principle). Over and above this, CNT affiliated companies focus on continuous improvement while complying to and were possible strive to exceed the customer compliance requirements.
Code of Conduct
The CNT Code of Conduct is applicable to all employees (including affiliates and subsidiaries), regardless of the position they hold and geographical location. Individual company policies for the business units must always conform to the principles stated in the Code of Conduct.
All employees (including affiliates and subsidiaries), have a personal responsibility to ensure that their actions comply with both the words and the spirit of the Code of Conduct. It is the responsibility of management to create a culture in which compliance with the Code of Conduct is expected and achievable, this includes ensuring that employees are aware of, understand, and comply with its content. Concerns about inappropriate conduct must be promptly addressed.
Violations of the Code of Conduct may lead to disciplinary actions. Such action may include reprimand, reimbursement of any loss or damage suffered by the Group, termination of employment, referral for civil action or criminal prosecution, or any other disciplinary deemed appropriate by the Group.
Statement Of Policy Regarding Counterfeit & Otherwise Illegal Tobacco Products
CNT is dedicated to having an effective anti-counterfeiting policy. All directors, employees and partners of CNT must consider how this policy may apply to all business transactions specific to the purchase of tobacco and nicotine.
As stipulated in this policy, all directors, employees and partners of CONTRAF-NICOTEX-TOBACCO GmbH (CNT) will not knowingly supply tobacco to any entity or individual engaged in the manufacture, distribution or sale of counterfeit or otherwise illegally manufactured tobacco products. Anyone who is found in violation of this policy, shall be subject to severe disciplinary action.
CODE OF GOVERNANCE
CNT acts in accordance with the “GOVERNANCE KODEX FÜR FAMILIENUNTERNEHMEN” published by Die Familienunternehmer –ASU e. V. and INTES Akademie für Familienunternehmen GmbH, Germany in 2015, which defines standards for good and responsible management and supervision (governance) for family owned companies. The codex is strongly reflected in CNT’s articles of association.