PuriCore Core Purpose, Commitment, and Values
The foundation of PuriCore's Corporate Social Responsibility is intrinsically tied to its Core Purpose and Core Values. Throughout our organisation and in our business dealings, we are driven by our Core Purpose: to generate life science solutions for a safer, healthier world. To achieve this Purpose, PuriCore develops solutions that advance human health through the control of infectious pathogens-including major public health threats-without harm to people or to the environment. Our technology and solutions are used in a broad range of applications that depend upon controlling contamination including food safety, medical device disinfection, and wound care.
The driving forces behind PuriCore and the achievement of our Core Purpose are our people and how we conduct our business. We are committed to creating a culture that values individual and collective energy, spirit, leadership, and innovation. To realize our Core Purpose and to facilitate such a culture, we have developed the PuriCore Commitment and Core Values. We have reinforced these core values in the PuriCore Code of Conduct, to which all employees have committed to adhere.
The PuriCore Commitment is a promise to our customers, employees, communities, and stakeholders that we will strive to make a positive contribution to the world whilst delivering exceptional business results. Together, we will build a Company that customers and suppliers respect as a strategic partner, that employees are proud to work for, that competitors want to emulate, that communities recognise as a contributor, and that investors value. PuriCore's Core Values are the foundation of its corporate and social responsibilities.
Quality
We focus on quality and endeavour to meet and exceed the needs of our customers. Similarly, we strive to outperform the competition to earn customer loyalty, providing them with value and service beyond their expectations. We endeavour to have suppliers seek us out as a trusted, reliable partner. Our continual innovation, spirit of integration, and high standards improve quality throughout every aspect of our organisation.
Respect and Integrity
We demand of ourselves the highest level of integrity and professionalism in our dealings with each other, customers, suppliers, and other business partners. We respect the contribution that each member of our team makes to our success. To be an effective team at all levels in the organisation, we establish an environment of trust. We carry ourselves with the pride that comes from respectingourselves and others.
Teamwork
We recognise that we are stronger and more effective as a team than as individuals. We support an open, communicative culture in which individuals are encouraged to offer suggestions for improvement. We recognise that diversity is a source of strength and listen to differing viewpoints so we can constructively solve problems. Fostering strong teamwork allows an opportunity for each individual's suggestions to be heard, empowering our employees and encouraging necessary risk-taking.
Accountability
We are accountable to our customers, employees, communities, and stakeholders. Personal accountability is expected and determines the strength of PuriCore through positive contributions by individuals. We celebrate and recognise individual contributions. At the same time, we are not afraid to acknowledge, correct, and learn from our mistakes. Individual commitment and performance allow us to pay attention to the details that will ensure quality throughout each aspect of our organisation.
Passion and Pride
What we do makes a difference. We are passionate about the contribution PuriCore makes to the life science community. We convey our enthusiasm and passion for PuriCore in all our communications and professional interactions. Taking pride in our work allows us to constantly strive to develop and improve.
Employment
PuriCore's Core Values are the foundation of its human capital force and organisational culture. Each PuriCore employee makes a commitment to adhere to the Core Values statement, one component upon which performance is measured. In addition, each employee receives and acknowledges compliance with PuriCore's Code of Conduct. PuriCore's human capital strategy is detailed in the Employee Practices section.
Health and Safety
PuriCore is committed to providing a safe and healthy work environment for all team members. Health and Safety Policies are communicated to all employees. These policies are robust and continuously improved to complement PuriCore's business as it develops. In these policies, PuriCore has committed to operate each PuriCore facility in accordance with applicable legal and regulatory guidelines. PuriCore also recognises, promotes, and reinforces the responsibility of employees, consultants, and visitors to work safely and follow procedures.
Environment
PuriCore's Core Purpose is to contribute to a safer, healthier world. First and foremost, PuriCore pursues this commitment with its products and technology that control the spread of infection pathogens. This is done in a safe and natural way as all of PuriCore's hypochlorous solutions are safe to people and the environment.
Throughout its business activities, PuriCore is committed to the basic tenets of conservation: reduce, reuse, recycle. As part of PuriCore's conservation and recycling programme, all employees, consultants, and visitors are asked to:
- Recycle paper, glass, and tins throughout all facilities
- Use recycled paper in copiers and printers throughout all facilities
- Print the Company's Annual Report and other business and marketing materials on recycled paper stock
- Switch off all electric items when they are not needed
- Recycle used office equipment
- Minimise packaging and waste
- Eliminate the consumption of bottled water at its facilities
Communities
PuriCore supports its local communities by maintaining sound business practices and by acting as a good corporate citizen and a valued employer. PuriCore is a responsible member of its local business communities, an active participant in policy development to safely control the spread of infectious pathogens, and an active member of business organisations that advance human health. Additionally, PuriCore provides corporate support for certain local charitable causes and encourages all team members to actively participate in and support charitable causes of their choice.
Business Practices
PuriCore is committed to providing innovative life sciences solutions that control the spread of infectious pathogens benefiting a variety of healthcare and commercial markets. Our solutions not only directly protect our customers and their employees but also protect their own customers at the consumer level and thus their brand value and stakeholder loyalty. PuriCore will continue to invest in research and development for new markets and applications of its pathogen-control technology and solutions.
PuriCore is committed to providing its shareholders, Directors, employees, consultants, clients, suppliers, and the public with timely and accurate information. We strive to maintain the highest levels of integrity in our Company records, business communication practices, and scientific information. We are dedicated to honesty and fairness in all aspects of our business and expect the same from those with whom we do business.
We also focus on preventing and correcting problems and have dedicated quality control teams. We have a formal system for analysis, correction, and feedback regarding problems that can be prevented or corrected.
PuriCore and its employees are expected to comply with the laws of all jurisdictions in which they operate and with applicable international and national industry codes of practice. PuriCore complies with the applicable US, UK, and European Union securities laws, antitrust, and state laws relating to duties owed by corporate Directors and officers. We comply with all applicable government regulations and standards, including those issued by the FDA, EPA, ISO, UL, NSF, FCC, MDD, MHRA, and CE Marking. Accounting records and supporting documents are designed to accurately describe and reflect the business transactions and conform to IFRS and US GAAP.
Human Rights
PuriCore does not use any form of forced, compulsory, or child labour. PuriCore supports the Universal Declaration of Human Rights of the United Nations and respects human rights, the dignity and privacy of the individual, the right of employees to freedom of association, freedom of expression, and the right to be heard.
Employee Practices
PuriCore's human capital strategy and programmes are designed to support a positive organisational culture guided by our Core Values and focused on the achievement of our business objectives. The strategy focuses on four key areas: organisational planning, recruitment and equal opportunity, reward and recognition, and communication.
Organisational Planning
As an expanding organisation, one of our key priorities is to establish an infrastructure to enable growth considering both short- and long-term goals. We continually evaluate the resources that are most vital to grow our core markets whilst identifying additional expertise needed to support new market opportunities. We annually assess talent across the business to understand better our organisational strengths and knowledge gaps. Further, we look at ways to gain synergies and share successful practices across our global workforce. We also review the structure of the organisation and reporting relationships to maximize the effectiveness of our work structure and the way we deliver services to our customers.
Recruitment
The Group is committed to the principle of equal opportunity in employment and to ensuring that candidates for employment are hired and employees are advanced based on capabilities and demonstrated results. We encourage employees to apply for positions when ones become available for which their skills and experience might be suitable. We employ a rigorous evaluation process for applicants, including consideration of demonstrated prior results, related Company experience, the extent to which they embody PuriCore's Core Values, and their passion for life sciences. We seek, where practical, to identify a diverse pool of applicants for new positions. We customize our new employee training process based on the role new team members will play in the organisation and provide them access to resources and other team members to help them make an informed and smooth transition to their new positions and to the Group.
Full and fair consideration is given to applications for employment made by disabled persons having regard totheir particular aptitudes and abilities. The Company is prepared to offer appropriate training for disabled persons, including retraining for alternative work for employees who become disabled to promote their career development within the organisation.
Reward and Recognition
Through a variety of feedback and reward mechanisms, we are focused on a performance-driven culture. We appreciate that a reward and recognition system with focused goals and the identifiable ability to impact those goals will attract, retain, and motivate our employees. We use a combination of approaches, based on the circumstance, to reward performance, including cash compensation (base pay and incentive), equity (all employees are eligible for stock options), development assignments, and individual recognition. Our performance feedback processes provide periodic and year-end assessments of performance based on established goals. In setting goals, we have a cascading approach in which senior managers share their business goals with their direct report team who then share them with their direct reports and so on. In this way we ensure uniformity of priorities and objectives.
Communication
The Group recognises the value of communication in fostering teamwork, promoting employee morale, and managing the business. The Group's policy is to discuss with employees the status of the business and strategies for the future as well as other matters likely to affect employees' interests. Information is provided to achieve a common awareness on the part of all employees of the regular and frequent financial and economic factors affecting the Group's performance and to share how they can contribute to the Group's success.
We strive for a culture of open communication, free exchange of ideas, and innovation through thought and dialogue. We regularly and actively engage our team members through timely communication of Company news and information in a variety of formats. Our internal communication strategy includes frequent written employee updates, periodic employee meetings, and lunchtime sessions that educate employees on various aspects of our technology, business, markets, and customers. We solicit and encourage feedback from all team members and actively engage in dialogue across all management levels. We maintain a policy of accessibility of senior management to all staff.
