Teradyne is committed to conducting business with honesty and integrity.
Anti-Bribery and Corruption
One of Teradyne’s core values is “honesty and integrity in all that we do.” This means that, both as a company and as individuals, we take pride in our reputation and doing what is right. Bribery is covered under Teradyne’s Employee Code of Conduct and all employees are required to undertake annual code of conduct training. Upon completion of the training, each employee certifies that he or she understands and agrees to comply with all aspects of the code.
Included in the annual employee training is information on Teradyne’s whistleblower program and anonymous reporting hotline. This hotline allows employees to report any potential violations of the code of conduct, as well as receive consultation on any ethical issues that they might have.
CSR Management Approach
Corporate Social Responsibility is a key part of Teradyne’s success. We have a framework in place to govern the policies, procedures and people responsible for CSR within the company. Learn more about our governance structure and the actions that we take throughout the year to manage our CSR initiatives.
Code of Conduct
Teradyne’s Code of Conduct reflects our commitment to honest and ethical business practices. The policy provides standards and behavioral guidelines for all Teradyne employees, officers, directors and others (including contractors, customers and suppliers). Our code asserts that anyone we do business with is committed to safe working conditions, fair treatment of workers and environmentally safe practices. We also require employees and suppliers to complete annual Code of Conduct training to ensure understanding and acceptance of responsible business practices. If you are aware of conduct that does not meet these guidelines you may report a concern anonymously by providing information to the Ethics Office through our Whistleblower Hotline.
Freedom of Association
In conformance with local law, Teradyne respects the right of all workers to form and join trade unions to bargain collectively and engage in peaceful assembly. We also support the right of workers to refrain from such activities. Workers and their representatives are permitted to openly communicate ideas and concerns with management regarding working conditions and business practices without fear of discrimination, reprisal, intimidation or harassment.
Responsible Business Alliance
As an Affiliate Member of the Responsible Business Alliance (RBA), Teradyne fully supports the vision and goals of the Responsible Business Alliance (RBA).
Vision: A coalition of companies driving sustainable value for workers, the environment and business throughout the global supply chain.
Mission: Members, suppliers and stakeholders collaborate to improve working and environmental conditions, and business performance through leading standards and practices.
Teradyne commits to progressively align its own operations with the provisions of the RBA Code of Conduct, and to support and encourage its own first-tier suppliers to do the same.
Wherever possible, Teradyne will seek to adopt the RBA approach and tools in practical ways in the spirit of the industry’s common goals.
Protecting Human Rights
Teradyne is committed to supporting and enforcing the protection of human rights. Our internal and supplier codes of conduct require the fair treatment of workers and the prevention of any forms of child labor, human trafficking, forced labor, slavery or any other form of non-freely chosen employment.
We work with our suppliers to ensure that they responsibly source materials. A key part of this is recognizing the potential adverse effects of sourcing tin, tungsten, tantalum and gold (3TG) from the conflict regions in Africa. Our suppliers are required to track all 3TG used in their supply chain.
As part of Teradyne’s annual conflict minerals reporting process, we work with our suppliers to identify all smelters and refiners in our supply chain. Teradyne compiles information on all identified entities and verifies that those smelters/refiners do not source from mines that support armed conflict. Teradyne relies on the Responsible Business Alliance / Responsible Minerals Initiative to audit smelters and refiners. If any supplier identifies smelters/refiners associated with armed conflict in their supply chain, Teradyne will take corrective action with those suppliers to bring them back into RBA/RMI compliance.
Teradyne is committed to ensuring that our products do not contain Counterfeit Parts.
Global Security Brief
Teradyne is committed to Global Security in all areas of our business.
Business Continuity Program
Business Continuity Program is a critical business expectation at Teradyne endorsed by senior management and its Board of Directors.