Message From Shawn
Dear Colleague: We are proud to introduce our new internal site for Compliance. Last year, we launched a new set of policies including the Code of Business Conduct and Ethics for the MSS group as we carved it out towards an IPO in China. We also continued promoting a strong culture of compliance, in line with Canadian Solar group’s ESG or Environmental, Social and Governance principles, and communicated these principles with all levels and functional teams to ensure integrity and accountability across the firm. The past year brought some unique challenges to our relatively young and fast-growing solar industry, including navigating difficult, confusing, geopolitically driven and rapidly-changing laws, and maintaining solid ethical standards in a heavily regulated market. Despite these challenges, the MSS group not only improved its business and financials through the past year, but it also had no major compliance and ethical incidents. Our commitment and results with compliance and ethics is what distinguishes us from our competitors and helped us win opportunities that hinge on ESG values. We will continue to work together and operate our business with integrity in the new year. We look forward to your feedback on the initiative and encourage you to keep working with integrity.a sdfasdf
Message from Susanne
Our company’s reputation for integrity and business ethics is central to our sustainable growth and profitability. We have developed a compliance program, including our new code of Business Conduct and Ethics, setting forth our guiding principles and the standards. We expect all of our directors, officers, employees, and business partners to follow these principles in all their work for the company. Our EMEA region has developed new tools and procedures to facilitate your work and to make them more accessible. Finally, I would like to reinforce the importance to be compliant and hold ourselves accountable for our actions. I invite you to visit this site and read our Ethics and Business Code. In case you have any question, or have any concern, please use any of the tools available or just send me an email.
How Does the Code of Conduct Impact You?
You should immediately report this security incident to our Security Team. Contact Torsten Dobroschke or Ken Land immediately. Reporting this can help protect Canadian Solar EMEA MSS against a possible cyber-attack.
Yes, for work purposes.
This may represent a conflict of interest, Why? whether your job side creates a conflict of interest depends on the type of the company you are working for, the number of hours you spend doing the work, and the resources you are using to do the work. Disclosing any second job, or side job, is your best move so Canadian Solar EMEA MSS is aware, and the potential conflict can be managed, you can disclose such information to your supervisor, HR, Compliance Manager.
CSI employees must never ask for Business Courtesies that benefit them personally, regardless of value
For approval of this, you must seek approval by completing the form set out in Schedule C that shall be submitted for approval to Employee’s Supervisor and sent to Compliance Department for approval and retention, IF:
the value of the gift exceeds $25 USD
the value of the meal or entertainment exceeds $50 USD;
Travel and Lodging is involved;
Acceptance of Travel and Lodging for any amount and Business Courtesies exceeding the threshold of 250 USD must be also authorized by Chief Compliance Officer or his or her designee.
In case of lack of authorization, the Business Courtesy must be refused or returned. If an Employee is unable to refuse or return a gift for any reason (e.g. because it would be inappropriate to do so), the Employee must report the gift to the Employee’s supervisor, who will advise the Compliance Officer of receipt of the gift. The Compliance Officer will establish rules for dealing with such gifts, including requiring the Employee to donate the gift to an appropriate community organization.
Canadian Solar EMEA MSS support certain non-profit organizations as part of the global Social Responsibility Program. There are certain rules that shall be followed in case you want to commit with a new social program or donation: a) In case you have a close relationship with the proposed recipient, you should disclose that relationship to your Supervisor, HR, Compliance b) Any employee shall seek prior approval from Department Head, Country General Manager Manager, Local Legal and Chief Compliance Officer or his nominee before any donation is signed on behalf of the Company.
Usually, insider trading rules apply to individuals who have access to material non-public information about companies with publicly listed securities, to which you may be privy at Canadian Solar EMEA MSS. However, insider trading rules can apply to private companies when purchasing stock from employees and other shareholders, as they do in the public company setting.
This Code contains general guidelines for conducting the business of the Company consistent with the highest standards of business ethics. If you have any questions about these guidelines, please contact your supervisor or the Compliance Officer, or submit our questions to the Company at the Speak-Up Page. We expect all Company employees, to adhere to these standards.
The sections of this Code of Business Conduct and Ethics titled "Introduction", “Conflicts of Interest”, “Company Records”, “Accuracy of Financial Reports and Other Public Communications” and “Compliance with Laws and Regulations”, as applied to the Company’s principal financial officers, is our “code of ethics” within the meaning of Section 406 of the Sarbanes-Oxley Act of 2002 and the rules promulgated thereunder and China relevant control requirements.
This Code and the matters contained herein are neither a contract of employment nor a guarantee of continuing Company policy. We reserve the right to amend, supplement or discontinue this Code and the matters addressed herein, without prior notice, at any time.