Introduction.

New Koko’s Srl is a company with thirty years of experience, specializing in the production of high-tech sports socks, completely produced in our factory in Italy. The production structure allows maximum flexibility and adaptation to the individual needs of the market and the customer.

Continuous research into product innovation, quality and services offered to the customer, the well-being and satisfaction of its human resources, are the cornerstones of our company policy.

We believe that the protection and respect for Human Rights, the Fundamental Labor Standards and the International Labor Organization, the OECD Guidelines and current national laws are the foundation for our responsibility.

We are committed to implementing and acting according to social and environmental standards, recognizing in the ETI basic code a management system in line with SEDEX requirements.

New Koko’s also firmly believes that the quality of its products is a substantial element to satisfy its customers, which is why it has implemented a quality control and monitoring system, obtaining ISO 9001: 2015 certification.

1.0 Standard of Work.

 1.1  We are against forced labor.

We do not support any kind of forced, compulsory, involuntary or any other type of similar imposition.

Employees may in no case be forced to work against their will, with sanctions or restrictions on their mobility or by seizing their identification documents, benefits, property, etc.

Employment in our company is voluntary. Workers have the opportunity to freely end their employment with reasonable notice.

At the end of the working day, workers are free to leave the workplace. They are also free to leave the premises in the event of an emergency or any threat to their life or health.

Furthermore, we act with special diligence if and when we employ migrant workers.

 1.2 We encourage freedom of association and the right to collective bargaining.

We recognize and encourage the right of our employees to form, join and organize in trade unions and similar organizations. We also recognize and encourage the right to collective bargaining.

Our employees have the right to elect an employee representative. The workers’ representative has the right to consult all workers in the workplace and to interact freely with them.

We guarantee the employee representative and all those involved in the aforementioned organizations that they will not be subjected to discrimination, harassment or intimidation due to their involvement in this type of organization.

Where freedom of association and the right to collective bargaining are limited by law, the employer facilitates and does not hinder the development of parallel means for association and free and independent bargaining.

 1.3 We keep our locations healthy and safe.

We take care to maintain healthy working and living conditions by providing special protection for vulnerable people (young workers, expectant mothers, people with disabilities, etc.).

We comply with the accident prevention and safety regulations and the respective legislation. We make sure that all machines and work equipment comply with safety requirements and keep records on them up-to-date and transparent.

All workers undergo training courses required by current legislation, general and specific training, some are qualified for first aid, fire safety and emergency management, all are informed of health and safety precautions in the workplace.

We guarantee a system that detects, evaluates, avoids and responds to potential threats to the health and safety of our workers.

We have implemented all the necessary measures to minimize potential risks within our offices and to make them as safe as possible for everyone. All workers are equipped with free PPE (personal protective equipment), in compliance with the provisions of the DVR (Risk Assessment Document). Workplaces are equipped with an adequate alarm system, equipped with fire-fighting and safety equipment, exits and escape routes are marked and without obstacles. In addition, we have established an emergency procedure in writing, which all employees are informed of.

All workers have access to drinking water.

We make sure that all of our workers participate in statutory medical checks in the range and period required by law.

We have established a health, safety and sociability committee, which includes management members and members elected by the workers themselves. The committee meets annually.

 1.4 We protect children and young workers.

New Koko’s does not adopt or support the integration of children into the work process.

The exploitation of children is strictly prohibited.

New Koko’s does not hire people under the age of 16. We have established an age verification mechanism which is included in the hiring process. In the event that children are encountered in the work process, we have established a procedure for the rehabilitation of child labor, financial and social support, to allow these young people to attend their school programs. We pay particular attention in the event of the dismissal of children, to ensure maximum protection of the child involved. If possible, we provide decent work for adult family members of the child.

Young workers under the age of 18 cannot work more than 8 hours a day, nor work overnight. We provide special protection for young workers against working conditions that may affect their health, safety, morality or development.

These policies and procedures comply with the provisions of the applicable standards dictated by the ILO (“International Labor Organization”).

1.5 We want our workers to have a well-deserved standard of living.

We provide our workers with a salary that guarantees a decent standard of living. All payments are in compliance with the minimum legal requirements.

Overtime hours are paid in accordance with the provisions of the law.

We provide our employees with written information on pay details, including deductions and benefits. The salary is paid regularly and within the prescribed time limits.

Employees are registered in the legal social insurance system and social security contributions are made in accordance with the legal requirements.

No deductions from wages will be allowed as a disciplinary measure without the express consent of the worker concerned. All disciplinary measures must be formalized in writing.

1.6 Our working hours are respectable.

Working hours comply with all applicable laws. The working week normally consists of 40 hours of work in 5 days and 2 of rest. Overtime work is encouraged in full compliance with the NCBA when necessary to keep our company productive and competitive, but it is absolutely on voluntary choice. In any case, 1 day of rest per week is always guaranteed. Workers are never forced, coerced or pushed to work overtime. Every day all workers have a lunch break with a lunch allowance.

1.7 We defend equality.

We do not engage in any kind of discriminatory practices and do not allow harassment of any kind. We have strictly prohibited any discrimination based on nationality, skin color, language, political or religious affiliation, sexual orientation, gender, age, family responsibility, marital status, disability, membership in organizations or trade unions, etc. All our employees are guaranteed equal treatment.

1.8 Employment relationships are based on legal requirements.

All employment relationships are drawn up in accordance with national legislation and we do not use employment contracts that are not in line with the purpose of the law. We provide our employees with information about their rights, responsibilities, conditions, etc.

1.9 Our disciplinary practices are respectful.

Our company treats all employees with dignity and respect. We do not tolerate the use of any illegal, degrading or inhumane disciplinary measures and we ensure that our workers are not subject to corporal punishment or physical and verbal abuse. The disciplinary procedure in our company is in written form and is regulated as required by the NCBA

2.0 We take care of the environmental heritage for our posterity.

New Koko’s is aware of its responsibility for environmental sustainability and its protection. This is why we strive to reduce our impact on the environment. We are careful to reduce the consumption of resources, to avoid pollution and the production of waste, with particular attention to the recycling of the same. We also have a precise monitoring and control of our energy consumption and we have a photovoltaic system for the production of renewable energy.

3.0 We conduct our business with ethics and morals.

3.1. Abuse of office and corruption.

We do not tolerate acts of abuse of office or corruption in any form, in any of the countries in which we operate.

In a moral ethics business context, a bribe can be an incentive or reward offered, promised, given or received to gain or maintain a business advantage. And it applies both in the private sphere (i.e. bribery of people working in other private commercial organizations) or in the public sphere (i.e. bribery of domestic or foreign government officials).

We have developed an effective and anonymous complaint mechanism and detailed in a special procedure. All our working business partners are informed of this.

We make sure to protect our workers by maintaining anonymity when complaints are reported.

 3.2. Suppliers.

We strengthen our Code of Ethics with our business partners. We are not involving agents, intermediaries or subcontractors.

We conduct our business with due diligence when dealing with business partners to select them solely on merit. We do not deal with those known to be involved in bribery or criminal activity, of any nature, or who have been sanctioned or convicted of illegal activities Our relationships follow ethical principles, and we also ask our suppliers to follow them.

3.3 Our interested parties.

We have established communication activities with our stakeholders through which we have an open dialogue and actively seek their feedback on our goals, strategy and performance throughout the year.

3.4. Confidentiality.

New Koko’s operates in compliance with data protection and privacy. Our employees are also required to maintain confidentiality regarding information acquired from employment at New Koko’s, such as customer, supplier, technology, product, business and service information, but also distributors, agents and other interested parties. The disclosure of New Koko’s confidential information could damage the Company’s reputation. Employees remain bound by these confidentiality obligations after leaving their employment at New Koko’s.

For any information, suggestion, comment or complaint you can contact:

• NEW KOKO’S S.R.L. Flavio Fagherazzi email flavio@newkokos.it