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Ethical Code of the “Latvijas dzelzceļš” Group

The Ethical Code of the “Latvijas dzelzceļš” Group (the Group) summarizes the basic principles of good business practice, professional ethics and conduct of employees at SJSC “Latvijas dzelzceļš”, the parent company of the Group, and its subsidiaries, limited liability companies.

The principles contained in the Code of Ethics are observed by all employees of the Group in the performance of their work and duties, as well as in relations with each other or with shareholders, state, municipal and non-governmental institutions, customers, suppliers and other third parties.

The “Latvijas dzelzceļš” Group complies with all binding international and national laws and regulations and acts in accordance with the general principles of ethics, sustainable development and social responsibility.

The Ethical Code includes such principles important for the “Latvijas dzelzceļš” Group as occupational safety, traffic safety, human rights, equal opportunities, professional activities, political activity, and mutual respect among all employees of the Group.

The Ethical Code also lays down the Group’s basic principles of environmental protection and use of natural resources, the principles of fair business practices, as well as cooperation with customers, suppliers and the public.