Supplier Anti-corruption Policy
Download the Supplier Anti-corruption Policy: Click here.
RE: Supplier Anti-corruption Policy
TO: All Boardriders Suppliers
Boardriders, Inc. (“Boardriders”) is committed to operating all aspects of our business, including the
sourcing of materials, products, and services, with the highest levels of ethical conduct and integrity. In
furtherance of these standards, Boardriders requires that its vendors comply with the Boardriders
Supplier Compliance Program set out in the Company’s Supplier Code of Conduct (“Supplier Code”), which
mandates, among other things, that Suppliers must work against corruption in all its forms, including
extortion, kickbacks, and bribery.
This Supplier Anti-corruption Policy (“Anti-corruption Policy”) reiterates this requirement by establishing
a zero-tolerance policy towards bribery and corrupt conduct in any form. Boardriders’ Suppliers may not
offer or accept any bribe, kickback, favours or use any improper influence when dealing with government
officials or in any business arrangements for the purpose of obtaining or retaining business or directing
business to any person.
This Policy applies to all Suppliers who provide goods or services to Boardriders, including third party
suppliers that any Supplier might engage in connection with its business arrangement with Boardriders.
Our Suppliers must comply with the anti-corruption laws, directives and/or regulations that govern
operations in the countries in which they do business, such as the U.S. Foreign Corrupt Practices Act, the
U.K. Bribery Act, France’s Sapin II, and the Clean Companies Act in Brazil. We expect our Suppliers to exert
due diligence to prevent and detect corruption in all business arrangements, including partnerships, joint
ventures, offset agreements, and the hiring of consultants.
Suppliers must take appropriate steps to ensure that their employees, officers, directors, affiliates,
agents, and third parties they engage will:
• Comply with all applicable anti-corruption laws;
• Not directly or indirectly offer, promise, or authorize the payment of any money, advantage, or
other “thing of value” to any persons (including any government officials, Boardriders employees
or representatives, or any other third parties) in order to induce the recipient to misuse their
position or to obtain an improper “business advantage;”
• Not solicit, accept, or agree to accept any money, advantage, or other thing of value from a
Boardriders employee or representative in exchange for an improper advantage;
• Not pay or provide anything of value to a third party where there is reason to suspect that all or
part of the payment or thing of value may be provided to a person for an improper purpose; and
• Not do anything to induce, encourage, assist, or permit someone else to violate these prohibitions.
5600 ARGOSY CIRCLE #100
HUNTINGTON BEACH, CA 92649, USA
Suppliers must implement and maintain internal accounting controls that follow generally accepted
accounting practices and must keep accurate and complete books and records, including supporting
documentation, relating to their business relationship with Boardriders.
Suppliers must conduct risk-based integrity due diligence on individuals or entities they engage who may
interact with government officials in connection with their business activities on behalf of Boardriders.
This diligence must be conducted prior to any engagement of any such third party. Suppliers must also
require such third parties to comply with the principles contained in this Policy.
Boardriders may at times undertake a more detailed review of business relationships with certain
Suppliers, such as when the Supplier will, by the nature of the business relationship with Boardriders,
be required to interact with government officials, e.g., representation in a tax dispute. As part of these
reviews, Boardriders requires the Supplier to fully cooperate and provide whatever information
and documentation Boardriders may require in order to conduct a full due diligence review of
Unless prohibited from doing so by local law, Suppliers must promptly disclose to Boardriders the details
of any actions or occurrences they believe violate this Policy or any anti-corruption laws. Disclosures may
be made to (i) the Supplier’s business contact at Boardriders or directly to the Boardriders ethics and
compliance group at +1 714.889.7300 or firstname.lastname@example.org.
A Supplier must fully cooperate with Boardriders in connection with a (i) Boardriders’ internal or
government-led investigation; (ii) review of the Supplier’s compliance with this Policy; or (iii) any potential
bribery or corruption issues, relating to their supply to Boardriders.
Anything of value:
Payments of cash or cash equivalents (e.g., gift cards), gifts such as cars, jewellery, etc.,
excessive travel and entertainment expenses, educational or executive training expenses, promises of
future employment, fake employment positions or consulting agreements, shares or dividends of a
company, loans, and political or charitable contributions. For purposes of this Policy, a “thing of value”
has no minimum value. Even a small gift is a “thing of value.”
Offer, request, promise, authorization to pay, or payment or receipt of “anything of value” to or
from any “government official” or any other person or entity, including persons or commercial entities in
the private sector, where it is intended to induce the recipient to improperly their position or to obtain
an improper “business advantage.”
Obtaining or retaining business, obtaining preferential treatment, or securing
political or business concessions.
Any officer or employee of a foreign government, department, agency, or state
owned entity, no matter what level; customs officials; political parties; candidates for political office and
their representatives; and officials of public international organizations such as the United Nations, the
World Bank or the Red Cross.
Boardriders reserves the right to take whatever actions are necessary to protect its interests, including
terminating its business relationship with any Supplier that does comply with the terms of this Policy. If
Boardriders has a reasonable suspicion that a Supplier has violated the terms of this Policy, including when
a Supplier fails to disclose known or suspected bribery or corruption issues, we may terminate or restrict
our business relationship with that Supplier, including by suspending the making or reimbursing any
payments, regardless of any other agreement.
Boardriders adopts industry best practices and strict legal requirements into its supply chain to meet our
stakeholders’ expectations. Suppliers are requested to stay alert to our continued releases of various
Boardriders’ Policies. Any Policy not effectively followed and implemented by Suppliers may result in a
Fail grade in a Boardriders Compliance Audit.
Thank you for your continued support of our efforts. Please sign and return the Supplier
Acknowledgement below confirming you have read and understood this Supplier Anti-Corruption Policy
and that your company will fully comply with it.
Boardriders Senior Management