To our stakeholders,

I am pleased to confirm FlexLink’s continued support of the Ten Principles of the United Nations Global Compact in the areas of human rights, labor, environment and anti-corruption.

In this Communication on Progress report, we describe our position and actions to improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations. We also commit to share this information with stakeholders using our primary channels of communication.

Yours sincerely
Mattias Perjos
Chief Executive Officer

FlexLink actively continue to support the Universal Declaration of Human Rights which is also clearly stated in our policies and our Code of Conduct. We are committed to ensuring that all our employees are treated fairly and with respect and support the diversity of our organization.

For the relationships with our suppliers, the Suppliers handbook is the guiding document and it includes the application of our Code of Conduct. We have a multi-site certification according OHSAS 18001.

FlexLink supports the international actions to stop the use of so-called conflict minerals that are used to finance violation of human rights. For the purpose of communicating this commitment to customers, a reference letter to customers has been issued.

All FlexLink units are regularly audited in order to safeguard the local application of the certified standards and company policies. In addition, we regularly conduct employee engagement surveys to monitor and identify the status and problem areas in the organization.

In the past year FlexLink has not been subject to any investigations, legal cases or incidents involving Human Rights violations. We submit KPIs to our owners on employee engagement and safety on regular base.

As mentioned in the FlexLink Code of Conduct, we do not make business with any organization who uses forced or child labour.

A statement on conflict minerals has been recently implemented, to ensure we do not use minerals originated from war areas.

All FlexLink employees are issued with a contract of employment which clearly states their terms and conditions including pay rates, overtime pay arrangements and pension rights. The introduction program (Induction) to all new employees, includes information on standard terms and conditions of employment, company benefits, company rules and health & safety and environment awareness.

FlexLink consults with employees on a continuous basis and each year we hold a performance review where each employee and the respective manager attends and evaluates the performance, the cooperation and working climate and the development plans.

Each year, we have elect the ‘Employee of the year’ to reward the employee(s) who has done outstanding achievements during the year and who is living our vision and our values in an inspirational way. In addition, we reward employees (individuals and groups) the Innovation Award and the Sustainability Award.

FlexLink works in the area of industrial engineering which is a male dominated area and our approach is to encourage and promote a balanced composition of the work force with regards sex and ethnical background dominated wherever possible. This is based in our company policies and supported by guidelines and procedures.

On a regular basis, employee engagement surveys are conducted, where the working climate is measured on a department, unit, division and company level. The results are analyzed and improvement actions developed together with the employees. The survey is made anonymously.

FlexLink has not been involved in any investigations, legal cases or other relevant events related to the contravention of the Global Compact Labour principles.

FlexLink has a an Environmental, Health and Safety Policy and Program.

We participate on a regular basis on the WWF Earth Hour event and the UN Cool Initiative. Our environmental program includes policies and guidelines on efficient use of energy, business travels, company cars, office paper and water consumption, and the recycling of aluminum and stainless steel waste.

We have a Sustainability Manager, Cristina Garzelli, responsible for all sustainability matters within the company, and a team of people focusing on sustainability in the different units.

FlexLink has a multi-site certification according to ISO 14001 and make regular measuring of the CO2 impact. FlexLink has not had any environmental incidents within the last year or in the previous years, and has not been subject to any statutory notices or prosecutions.

We have KPIs on CO2 emissions, the consumption of energy, water and office paper, and the recycling or aluminum and stainless steel waste.

We do have procedures in our Operations Management System (OMS) covering the handling of chemical substances that are harmful to people and the environment, and the disposal of waste.

A REACH and RoHS statement is implemented in the company.

FlexLink has general guidelines against corruption in the Code of Conduct which is also included in the Suppliers handbook and the supplier evaluation procedure.

The target is to have an anti-corruption program for the Coesia Group in place during 2015. It will include policies, guidelines, a whistle blowing function and related anti-corruption procedures.

FlexLink has not been involved in any legal cases, rulings or other events related to corruption and bribery. In the regular internal and external financial audits, the issues related to corruption and bribery are covered.