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MAGNA INTERNATIONAL | CODE OF CONDUCT AND ETHICS
It is important that we all understand our obligation
to conduct business in a way that is both ethical
and consistent with our corporate policies.
Today, as the automotive industry continues to become more complex and
challenging, it is important that we all understand our obligation to conduct business
in a way that is both ethical and consistent with our corporate policies.
The core values and business principles of Magna’s Fair Enterprise culture are
contained in our Employee’s Charter and Operational Principles, and are reinforced
by our Code of Conduct and Ethics. This Code acts as a guide to help us maintain
our ethical standards.
Magna expects and requires every Magna employee to act in accordance with
applicable law and consistent with our core values and business principles. We
also expect our suppliers, consultants, independent contractors, agents and
other representatives to meet these standards. Violations of this Code will lead to
disciplinary action for employees, up to and including dismissal, and may result in
termination of our relationship with third parties.
This standard applies to how we:
• treat one another in the workplace;
• manage our environmental responsibilities;
• engage with competitors;
• interact with government officials; and
• protect Magna’s confidential information as well as that of our customers.
Each of us is responsible for acting with honesty and integrity, and making the
ethical choice all of the time. It is a key part of our job. Magna’s compliance team is
committed to providing the necessary training and ongoing support to enable us to
succeed in this area.
This document is provided as a resource to help guide us through our duties as
Magna employees, and it offers topics for ensuring compliance with local and
international laws.
Introduction