Governance.
Venture has built its industry leadership upon the foundation of fairness, integrity, and strong ethical practices. With a zero tolerance for corruption and dishonest business practices, we ethically manage our operations for the long-term benefit of all stakeholders.
Sustainability.
Anti-Bribery and Anti-Corruption.
Within Venture, we conscientiously uphold the highest standards of integrity and a zero-tolerance approach towards inducement, bribery and corruption. All employees are expected to conduct themselves with utmost business integrity under any circumstances.
Compliance with Export Control Laws.
Venture’s Export Control Compliance Programme (ECCP)sets out a framework of operational controls and protocols that require the Group’s internal and external transactions to be conducted in compliance to applicable export control laws and regulations, including without limitation, the U.S. Export Administration Regulations and the International Traffic in Arms Regulations, the Singapore Strategic Goods (Control) Act and the Malaysia Strategic Trade Act.
An employee who has knowledge of facts or incidents which he/she believes may violate applicable export control relations, whether intentional or accidental, is required to report the matter promptly to the Group Export Compliance Officer. Comprehensive training on export control regulations are regularly conducted.
Sourcing Responsibly.
Venture is committed to sourcing components and materials from suppliers that share its values around human rights, ethics and environmental responsibility. We are committed to sourcing responsibly and support the responsible manufacturing process with transparent sourcing in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act).
Venture endorses the Responsible Business Alliance (RBA) and the Global e-Sustainability Initiative (GeSI) and our Responsible Minerals Policy is aligned to the RBA- reporting requirements.
We work closely with our supply chain partners and suppliers to ensure compliance to RBA standards on conflict minerals which states that specified metals are not to be sourced from mines in Conflict Regions controlled by non-government military groups, or unlawful military factions.
Personal Data Protection.
Venture respects the privacy of personal data disclosed to the Group and is committed to such data protection according to applicable laws. The collection, use and disclosure of personal data is outlined in Venture’s Personal Data Protection Policy.
Any queries on this policy should be directed to Venture’s Personal Data Protection Officer at dataprotection@venture.com.sg or by post to 5006 Ang Mo Kio Ave 5 #05-01/12 TECHplace II Singapore 569873.
Delivering Quality.
At Venture, delivering quality products and services is the cornerstone of customer satisfaction and forms the foundation for long-lasting business partnerships.
Venture adopts a Total Quality Control (TQC) approach through total participation and commitment of staff at all levels. Its quality policy and its objectives are clearly communicated throughout the organization as well as to its customers and suppliers. Venture’s operations and processes have been built to meet international quality standards, with a quality assurance system that satisfies the requirement of international standards including ISO 9001, IATF 16949, ISO 13485, EN 9100 and TL 9000. In addition, Venture is also a member of the Singapore Quality Class, a recognition accorded by the Singapore government for excellent and consistent quality standards and practices.
Whistle-Blowing.
Venture does not condone any malpractice, impropriety, non-compliance with its policies, statutory violations or any wrongdoing by its employees. The Whistle-Blowing Policy provides a channel for employees and external parties to raise and report, in good faith without fear or favour, any concerns about possible improprieties.
Reports under this Policy shall be brought to the Company’s Head of Internal Audit via any one of the following channels:
a) By Telephone: to the Head of Internal Audit (+65-6484 8096) during office hours, 8.00 am to 5.30 pm (GMT+8 hours) from Monday to Friday.
b) By Email: whistleblow@venture.com.sg
c) By Post: Head of Internal Audit, Venture Corporation Limited, 5006 Ang Mo Kio Avenue 5, #05-01/12 TECHplace II, Singapore 569873.
