In addition to our legal liabilities, we pay attention to fulfill our liabilities, which are listed below, towards our customers, employees, shareholders, suppliers and business partners, competitors, public, humanity and name of TAI.

Our Legal Liabilities

TAI adopts to carry out business in compliance with the Constitution, laws and all regulations of the Republic of Turkey in respect of all works and processes, and implements the same. Additionally, TAI adopts as business ethics to comply with the international conventions, and to comply with the legal frameworks, mutually agreed by the foreign countries, with which it carries out business, under the relevant contracts. Any and all activities/operations and processes carried out in the business life are conducted in accordance with the laws, and the obligations prescribed under the regulations. Accurate, complete and understandable information is provided to the legal regulatory bodies and organizations in a timely manner.

While carrying out any and all activities/operations and processes, any public organizations and institutions, companies, administrative body and non-governmental organizations are treated equally without expecting any benefits therefrom; and any contractual requirements and ethical and industrial standard obligations are fulfilled with this sense of responsibility.

Our Economic Liabilities

Our major economic liability is to contribute to the national economy through a sustainable profitability, productivity and growth. We provide a positive contribution to our national income and balance of trade by increasing the national added value rate in the products we manufacture. We also provide additional employment to the national economy on productive and profitable basis. This also means the contribution to the government budget through the taxes paid as company and on behalf of the employees.

 Any and all goods and services, which we procure from our domestic suppliers, create additional employment and income through the multiplier mechanism effect. Also, TAI, as a company from Ankara, is aware of the fact that it has a special responsibility in respect of development of the economy in Ankara, and it makes its best efforts with the sense of social responsibility in order for development of the regional employment and subsidiary industry.

Our Ethical Liabilities

Our major ethical liability is to create an ethical working environment at all departments of the company. The fair and honest business administration practices, and achievement of a high level standard in respect of the codes of conduct in terms of both employees and executives, are adopted as an ethical target. Receiving, paying, warranting or offering bribe and/or commission are unacceptable under any circumstances and conditions whatsoever. All employees of TAI pay reasonable attention to keep away the third parties (subcontractors, suppliers, and agents/representatives and consultants), serving for TAI, from corruption and bribery practices while fulfilling their duties. The most severe sanction is imposed on all employees, who fail to pay reasonable attention to such matters, in line with the discipline regulations of the company.

Our Liabilities Towards Our Employees

Our employees represent the man power, future and manufacturing potential of TAI. We aim to create a working environment, where the people feel pleasure and proud of working. It is acted urgently and sensitively for resolution of any potential problems, which may occur between the employees as well as between the employees and management. TAI executives are obliged to treat equally and fairly towards the employees by adhering to the values and principles specified under this Ethics Manual. Regardless of her/his duty, we make each member of TAI feel valuable by taking into account her/his direct or indirect contribution to our activities/operations.

Establishment of a fair human resources system, creation of a flexible communication mechanism and adoption of an equitable punishment and reward system serve as the basis for our human resources policy. The company commits a non-discriminatory, secure and healthy working environment, where an honest and fair approach towards the employees is ensured, and where a sincere and clear communication is conducted. The policies required to increase the sense of belonging and motivation of the employees are supported. The required efforts are made in order for development of the employees. Balance is maintained between professional and personal life. It is ensured that personal rights of the employees are exercised fully and correctly. All of our employees are obliged to ensure that any incidents, which they consider are not in compliance with our corporate values and codes of ethics, are put on the agenda. Any applications submitted by our employees in respect of such incidents, which are requested to be reviewed and assessed accordingly by the same, are definitely kept confidential. Also, no action is initiated against our employees due to their applications, and any employee is not put under pressure, and disciplinary measures are taken for any persons, who initiate any such actions or who put any such person under pressure.

Our Liabilities Towards Our Shareholders

Our shareholders are the persons and institutions, who invest capital in our company. The partnership structure of the company may change in time. However, TAI adopts as an ethical principle to protect the interests of its shareholders by maintaining to be a profitable and productive company. It aims to increase the value of our company in order to ensure that not only major shareholders but also minor shareholders, who/which consist of the small savers, do not lose money. In case of public offering, it takes any possible measures it can take sensitively in order to prevent to acquire benefits illegally through purchasing, selling and transferring the shares of the Company. The sustainable growth and business continuity are of great importance within the framework of the strategical targets of the company, and it is aimed to create value for the shareholders. It is avoided to take any unmanageable risks.

 It is acted in accordance with the financial discipline and accountability. Sources and assets of the company, and working time are determined with the sense of productivity and saving. It is paid attention to increase the competitiveness, and to generate the policies supporting the growth potential. The shareholders are furnished with accurate, complete and understandable information about the financial statements, strategies, investments and risk profile in a timely manner. 

Our Liabilities Towards Our Customers

TAI aims to offer products complying with the global quality standards to its corporate customers. It provides after-sales service to ensure the customer satisfaction upon sales and delivery. It seriously deals with any kinds of complaints, either corporate or to be received from the final consumers, and tries to find a solution accordingly. It is focused on customer satisfaction, and a proactive approach, which responds to the customers' needs and expectations as soon as possible and in the best manner, is adopted. It is aimed to provide any products and services on time and under the committed conditions. In respect of relations with the customers, generally accepted rules of respect, justice and manners as well as the responsibility for protection of customers' information are observed.

Our Liabilities Towards the Government

TAI complies with any and all statutory regulations, primarily the labor law and tax laws, and fulfills its legal obligations towards the government. Also, TAI, as a major Turkish company, puts the interests of the Republic of Turkey ahead of its own economic interests in respect of its international business relations. It pays utmost attention and takes all measures to protect the military state secrets held by the same as a part of its activities/operations. Each employee of TAI feels sincerely that contribution to the achievement of TAI is one of the most substantial indicators of patriotism.

Our Liabilities Towards Our Suppliers

TAI avoids any commercial practices, which will leave its suppliers in a difficult situation, or which will mean exploitation thereof. It considers as a requirement of its social responsibility to provide technical and training support to its suppliers in order to ensure that they can manufacture products of higher quality. It expects its suppliers to act in compliance with the business ethics while they manufacture products for TAI. It is acted fairly and respectfully in respect of the relations with the suppliers and business partners, and the due care required to carry out the obligations on time is paid. Any confidential and sensitive information of any persons and institutions as well as the business partners of the company, with which business is carried out, are protected meticulously.

The employees and their immediate family members may not accept, offer or request, either directly or indirectly, any premium, commission, or any donation or favor having an economic value, from any person or group, who/which carries out or wishes to carry out business with TAI, and may not accept any personal gifts. Such practices may also bring legal liabilities as well as ethical liabilities. Consequences of implementation of the Labor Laws and the internal regulations and directives may cause to dismissal as well as to the criminal complaints and prosecution. The matter of not accepting any gifts is kindly reminded to the visitors. The limit for the values of the presents and gifts to be offered by the authorities, which cannot be rejected as a matter of courtesy, is USD 100 (One Hundred), and if such gift is of a nature of permanent furnishings and fittings, then it is recorded in the company inventory, and is exhibited at the VIP lounge or museum, and if it is any kinds of consumables, then it is distributed to the employees of the company. 

In case of carrying out business with the enterprises, which are founded by the company employees, executives, Immediate Family Members thereof, including the members of the Board of Directors/Supervisors, and/or of which such persons are one of the shareholders, and/or in which such persons serve as a side job, and/or where such persons are assigned at the senior management, and/or which such persons intermediate, then any action other than the limits set out by the regulations and directives of the relevant company may not be taken.

Our Liabilities Towards Our Competitors

TAI acts in accordance with the principle of fair competition, and does not implement any practices, which will lead to unfair competition against its competitors. It definitely rejects bribery and any payments of such kind at home and abroad. In respect of the lobbying works, which it will carry out with the foreign governments and governmental bodies, it does not implement any practices to push the ethical limits. It avoids any kinds of behaviors such as industrial espionage, which is not professionally ethical.

Our Liabilities Towards the Public, Non-Governmental Organizations and Press

TAI aims to establish good relations with the public apart from its business relations, as well. It ensures the required communication in respect of any matters requiring to provide information to the public about its activities/operations. TAI limits its social responsibility to the matters primarily in relation to its field of activity, and it considers as contrary to its liabilities to spend the sources of the company for the social responsibility projects, which does not relate to its mission. TAI management provides assistance to its employees in respect of charities such as building a school and providing assistance to students, patients, veterans-martyrs and relatives thereof. In respect of the natural disasters requiring national solidarity, TAI considers as a part of its social responsibility to organize relief activities through its own sources and the sources generated upon contribution of its employees; however, it does not turn such kinds of activities into commercial purposes such as promotion, advertisement and image development.

Any and all persons and institutions, for whom/which donation has been performed, are announced to the public, and the consequence of the donation is monitored. TAI does not participates in, and support any political activity in respect of the relations with the public and the government on the basis of corporate and employees, and does not carry out lobbying activities in any field even if it results would be in the favor of the company. Also, all Executives and employees of TAI, other than the employees, which have been assigned as authorized persons, pay utmost attention not to make any statements, which may cause any speculations on the value of the company, in a manner to appear at any public fairs, conferences, various meetings and sessions as well as the written and visual press organs and social media.

Our Liabilities Towards Natural Environment

TAI aims not to damage the nature while carrying out its activities/operations, or aims to take measures to minimize any damages, which may arise due to any force majeure. It pays attention to the fact that the products, manufactured by the same, are friendly for the environment during the design and manufacturing stages thereof. It plays a leading role in providing the technological contribution of its own part in respect of using the clean energy sources. TAI is aware of the fact that if aerospace industry maintains its activities/operations in accordance with the ecological philosophy, then it will contribute to the common future and welfare of the humanity.

Our Liabilities for Security and Information Security

Paying attention to careful use of any buildings, facilities and manufacturing equipment, available in the working areas at all workplaces of TAI, and any devices and equipment, provided by the company for transportation and communication purposes, without jeopardizing the security of the facility as much as possible, and in a manner to prioritize the security of life and property, has been adopted as a behavior standard.

The ongoing projects and programs as well as any confidential and sensitive information, which may cause disadvantage in terms of competition, and trade secrets, any undisclosed financial and other information, any details on personal benefits and rights of the employees, and any details and information within the scope of the "confidentiality agreements" executed with the third parities, are used and protected in accordance with the "Need-To-Know" principle and the Company documents in relation to the matter.

The utmost attention is paid to protect the personal information and details. 

Employees of TAI pay due regard to protect the confidential and sensitive information of the customers, employees and any other companies, with which business is carried out. It protects any and all confidential information about the company activities/operations, and uses such information only for Company purposes, and shares the same only with the concerned persons as permitted by the authorities in accordance with the "Need-To-Know" principle. While leaving the company, any confidential and sensitive information and documents, obtained as part of the duty, may not be taken out of the company.

Our Liabilities for Conflict of Interest

Each TAI employee is supposed to work for the benefits of the company.

It is never acceptable for TAI employees to gain personal benefits if they contradict with the interests of the company.TAI employees are supposed to reject any deals that comprise any conflicts of interest.

TAI employees are not allowed to be either a member or the head of the board of management, an employee, an advisor or a worker of any company that works or competes with TAI.TAI employees are not allowed to be either a direct or indirect owner or shareholder of any company that works or competes with TAI.

In case TAI employees are employed by another company, they are not allowed to be involved in any activity during the working hours, they are not allowed to utilize the equipment, staff and information of TAI without the official permission of the company.

Employees of TAI may not request any gifts from any other persons and/or organizations, with whom/which the Company has established commercial relations, and may not imply such kinds of matters, and may not accept any gift, money, cheque, property, special discounts, etc., which will put TAI under obligation. No personal aid, and donation may be accepted from any persons or organizations, who/which have business relations with TAI.

The employees and their immediate family members may not accept, offer or request, either directly or indirectly, any premium, commission, or any donation or favor having an economic value, from any person or group, who/which carries out or wishes to carry out business with TAI, and may not accept any personal gifts. Such practices may also bring legal liabilities as well as ethical liabilities. Consequences of implementation of the Labor Laws and the internal regulations and directives may cause to dismissal as well as to the criminal complaints and prosecution. The matter of not accepting any gifts is kindly reminded to the visitors. The limit for the values of the presents and gifts to be offered by the authorities, which cannot be rejected as a matter of courtesy, is USD 100 (One Hundred), and if such gift is of a nature of permanent furnishings and fittings, then it is recorded in the company inventory, and is exhibited at the VIP lounge or museum, and if it is any kinds of consumables, then it is distributed to the employees of the company.

In case of carrying out business with the enterprises, which are founded by the company employees, executives, Immediate Family Members thereof, including the members of the Board of Directors/Supervisors, and/or of which such persons are one of the shareholders, and/or in which such persons serve as a side job, and/or where such persons are assigned at the senior management, and/or which such persons intermediate, then any action other than the limits set out by the regulations and directives of the relevant company may not be taken. Receiving, paying or offering bribe and/or commission are unacceptable under any circumstances and conditions whatsoever.

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