Governance
We believe corporate governance plays a pivotal role in driving sustainable and responsible business practices. We are fully committed to the highest standards of governance, transparency, and ethical conduct across all our operations. Our governance framework is designed to ensure accountability, protect the interests of stakeholders, and foster long-term value creation.
At Concept 4, we deeply integrate ethics and sustainability into every aspect of our business. This integration serves as the cornerstone of our corporate culture, influences our decision-making processes, shapes our supply chain management, and drives our day-to-day operations.
Our mission is to be catalysts for change alongside our suppliers, collaborating with them to bring about positive improvements in environmental performance throughout our value chain. We strive to assist our customers in achieving their own sustainability objectives. We are constantly seeking innovative ways to develop more sustainable product collections and minimize our impact on the environment and community.
We envision ourselves as the most trusted supplier of sustainable solutions in the Beauty and Fashion industry. Our solutions are not only economically viable but also generate positive impacts and benefits for both people and the planet.
Our mission is to be catalysts for change alongside our suppliers, collaborating with them to bring about positive improvements in environmental performance throughout our value chain. We strive to assist our customers in achieving their own sustainability objectives. We are constantly seeking innovative ways to develop more sustainable product collections and minimize our impact on the environment and community.
We envision ourselves as the most trusted supplier of sustainable solutions in the Beauty and Fashion industry. Our solutions are not only economically viable but also generate positive impacts and benefits for both people and the planet.
Beneficial Ownership
Concept 4’s beneficial ownership and highest governing body is led by the Chairman, Mr. Pascal Vieilvoye, alongside with the shareholders, Mr. Eric Léonard, Mr. Jean-François Destexhe, and Mr. Thomas Dupont. They bring their expertise and knowledge to provide strategic guidance, oversee company performance, and uphold the highest levels of integrity and ethical behaviour.
Anti-Bribery and Corruption
Economic and social progress cannot be achieved in the presence of corruption. Our commitment extends to every member of our team, our business partners, and our supply chain. Initiatives to combat include:
- Prohibiting offering or accepting a bribe, attempting to bribe an official, or failing to prevent third-party bribery attempts on behalf of the organization
- Conducting regular corruption risk assessments of clients, suppliers, and business partners by integrating globally recognized ratings such as the Corruption Perception Index, with reference from Transparency International.
- Providing monitoring mechanism on prospective personnel, particularly for appointments to positions with a significant bribery or corruption risk, to inform bribery risk assessment and ensure compliance with the Policy.
Modern Slavery
We focus on ethical supply chain management, prioritising human rights and labor compliance, while combating modern slavery and child labor through ongoing training and partnerships as a member of The Mekong Club. Our business partners should respect basic human rights, comply fully with local labour regulations, provide safe workplaces and fair employment for all workers. We commit to:
- Respect practice guided by the UN Guiding Principles on Business and Human Rights, OECD Due Diligence Guidance
- Work towards international human right regulations, including EU Corporate Sustainability Due Diligence Directive (CSDDD), UK Modern Slavery Act (2015) and the SB657 California Transparency in Supply Chains Act (2012) and more
- Offer regular awareness trainings to all employees and role-specific training to relevant positions and management levels
- Provide the correct remediation tools for internal staffs and Tier One suppliers’ workers to seek help via confidential communication channels and receive adequate, immediate supports
Whistleblower Policy
We strictly prohibit misconduct such as fraud, bribery, extortion, and human trafficking through the Supply of Goods Agreement and Employee Handbook. Suppliers and employees are expected to act with honesty and integrity as outlined in the Code. In case of illegal or unethical behaviour, harassment or discrimination cases, Whistleblower Policy is in place to encourage reporting of suspected misconduct while ensuring anonymous and confidentiality for whistleblowers.
To Raise a Concern:
Email: c4confidential@concept4.net
Mail: To The Company Director – 11/F, 41 Heung Yip Road, Wong Chuk Hang, Hong Kong, in a sealed envelope marked “Strictly Private and Confidential – To be opened by Addressee only”.
Confidential Protection: All reports must be directly addressed to the Chair of the highest governing body, who serves as the Company Director. The Company is dedicated to preserving the confidentiality of whistleblowers, unless legally obligated to disclose their identity. Protection against retaliation and victimization is explicitly outlined in the Whistleblower Policy.
To Raise a Concern:
Email: c4confidential@concept4.net
Mail: To The Company Director – 11/F, 41 Heung Yip Road, Wong Chuk Hang, Hong Kong, in a sealed envelope marked “Strictly Private and Confidential – To be opened by Addressee only”.
Confidential Protection: All reports must be directly addressed to the Chair of the highest governing body, who serves as the Company Director. The Company is dedicated to preserving the confidentiality of whistleblowers, unless legally obligated to disclose their identity. Protection against retaliation and victimization is explicitly outlined in the Whistleblower Policy.