OSI Systems and our global subsidiaries maintain a Code of Ethics and Conduct which outlines our values and policies. We will not knowingly use child labor or forced labor in any of the products and/or services we provide, nor will we accept products and/or services from suppliers that employ or utilize child labor or forced labor. We strongly believe that both our employees and suppliers have a responsibility for promoting ethical and lawful employment practices. We prohibit the confiscation or destruction or of employees’, contractors’, or sub-contractors’ passports and/or immigration documents. We take great pride in our products and services which are supported by our world-class supply chain. It is therefore highly important that we work with our suppliers to manage the risks of in any way being involved in modern slavery. We do this through a variety of measures.
Suppliers must sign either our Purchase Terms and Conditions or have a contract in place, confirming they will adhere to the relevant human trafficking and slavery laws in each of the relevant countries in which they operate. As part of our contracts, we have audit rights with our suppliers, and upon request, a supplier must be able to demonstrate compliance with our terms to the reasonable satisfaction of OSI Systems. Our Suppliers are expected to fully cooperate with any such audit.
Each year, OSI employees are trained on this Policy and the global consequences of modern slavery. Our annual training program provides our staff with helpful information in detecting and preventing violations of this Policy and our core values.
This Policy is applicable to all employees of OSI Systems and its global subsidiaries for the Company’s Fiscal Year 2019 (July 1, 2018 to June 30, 2019). This Policy is reviewed annually.
Approved by Deepak Chopra (Chairman and CEO).