Woodward

Code of Conduct

     Code of Conduct
     

    The Woodward Constitution sets forth the values and principles that are the foundation of our long-standing commitment to integrity. Our Constitution also identifies the stakeholder of our company, and affirms our commitment to always act in a manner that reflects our values and principles and balances the interests of these stakeholder. Suppliers are one of the five key stakeholder groups identified in the Woodward Constitution, which states:

    “Our success is strongly linked to the performance of our supply chain. We are invested in our suppliers and value long-term relationships based on shared business principles. We strive to maintain a balance of short- and long-term objectives that are mutually beneficial.”

    Accountability  

    Accountability

    Our Suppliers must comply with all applicable environmental health and safety laws, regulations, and directives. Suppliers should protect the health and welfare of their people, visitors, and others who may be affected.
         
    Business Integrity  

    Business Integrity

    Woodward guarantees accuracy in business records, and we expect our suppliers to do the same. We expect confidential records to be treated with care and properly marked. Furthermore, we expect the following of anti-corruption, Antitrust, and global trade compliances including conflict minerals.

         
     Customer_Satisfaction  

    Customer Satisfaction

    We are passionate about our customer’s success and strive for Customer satisfaction in all aspects of our business. Suppliers should ensure that their products meet our company’s quality standards and use compliant parts during manufacturing.

         
    Employment_Practices  

    Employment Practices

    Woodward is committed to providing a harassment, discrimination, and drug free workplace to encourage a safe collaborative environment.

         
     Human_Rights  

    Human Rights

    Woodward does not use child labor or engage in practices that result in forced labor. Furthermore, we expect our suppliers to adhere to laws and regulations prohibiting human trafficking and forced labor.
         
     Initiative  

    Initiative

    Suppliers have a responsibility to raise concerns arising from this and any other code. In the event of a code violation, Woodward may pursue corrective action to fix the situation. Woodward promotes a work environment free of retaliation for reporting.
         
     Personal Integrity  

    Personal Integrity

    Suppliers should avoid conflicts of interest, and insider trading while conducting business with Woodward. Our suppliers compete on a basis of merit rather than gifts, so Woodward does not accept gifts in exchange for unfair consideration.