VINE adopts the best governance practices with well-defined
bylaws, over and beyond the code of best practices and corporate
governance guidelines.
As a result, we reinforced our credibility in the marketplace,
improved the senior management's decision-making process and, thus,
improved our business management.
Pursue a balance of power between the Top Management (Board of
Directors and Management) and shareholders interest, including minority,
with a view to aligning the System's strategic objectives with the
interests and rights of all interested parties;
Conduct its business with transparency and integrity, creating
credibility with its shareholders, investors, employees, suppliers,
customers, consumers, government, media, communities where it operates
and society in general, pursuing to achieve growth and profitability
with social and environmental responsibility;
Maintain a relationship with its competitors founded on the
principles of honesty and respect, adopting explicit and clear rules
about its competition procedures;
Promote honest and fair negotiations, without receiving
inappropriate advantage through manipulation, use of insider information
and other practices of such nature;
Register its reports and statements in a correct, consistent,
accurate and complete way, without ambiguous information and make its
ledgers available with full transparency to internal and external audits
and relevant public agencies;
Conduct a transparent, true and correct communication, easily
understandable and accessible to all interested parties, and advertising
based on the principles set forth in this Ethics Code;
Comply with and promote compliance with this Ethics Code by means of
management and monitoring, at the corporate and local levels, promoting
it permanently, with willingness to clarify questions and receive
suggestions, and submit this Code and its practices to periodical
evaluation processes.
Promote working conditions which provide a balance between working, personal, and family life of all employees
Respect and promote diversity and combat all forms of prejudice and
discrimination, through transparent admission, training, career
advancement, rise to positions, and resignation policy. No employee or
potential employee will receive discriminatory treatment a result of its
race, skin color, ethnic origin, nationality, social status, age,
religion, gender, sexual orientation, personal appearance, physical,
mental or psychological condition, marital status, belief, political
opinion, or any other individual differentiation factor.
Select and hire suppliers and service providers based on criteria
strictly legal and technical of quality, cost and timeliness, and demand
an ethics profile in their management and social and environmental
responsibility practices, refusing unfair competition, child labor,
forced or compulsory labor practices, and other practices contrary to
the principles of this Code, including the production chain of such
suppliers.