Glossary
2025 VSME Recommendation

Business Conduct

The following matters are collectively referred to as ‘business conduct or business conduct matters’:

(a) business ethics and corporate culture, including anti-corruption and anti-bribery, the protection of whistleblowers, and animal welfare;
(b) the management of relationships with suppliers, including payment practices, especially with regard to late payment to small and medium-sized undertakings.
(c) activities and commitments of the undertaking related to exerting its political influence, including its lobbying activities.

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