Supplier Ethical Standards
The University is committed to fair and ethical business practices that promote fair competition in the best interests of the University and the success of its supplier relationships. To this end, these Supplier Ethical Standards serve to emphasize the University’s commitment to ethical conduct and compliance with the law and to set forth basic standards of ethical and legal behavior. Given the variety and complexity of ethical questions that may arise in the course of carrying out business with the University, these standards can serve only as a general guide. Confronted with ethically ambiguous situations, a supplier should keep in mind the University’s commitment to the highest ethical standards and seek advice from appropriate sources so as to ensure that this commitment is honored at all times.
Persons or entities that do business with LSU (hereinafter “a Supplier” or “Suppliers”) are expected to carry out their business with the University with diligence and professionalism and to comply with the highest standards of honesty, integrity, and fairness.
The supplier shall hereby:
- Disclose to the University (i) any direct or indirect personal interests in a Supplier held
by any trustee, officer, or employee of the University; and (ii) any family relationship
between a trustee, officer, or employee of the University and any director, officer,
or employee of Supplier.
- Act honestly, in good faith, and with professionalism. No Supplier may take unfair advantage
of another person through harassment, manipulation, abuse of privileged information,
misrepresentation of material facts, or any other unfair practice.
- Maintain fair and non-discriminatory work environments where all employees are treated with
respect and dignity and in a manner that comports not only with workplace practices
mandated by state and federal laws, but also with LSU’s commitment to the highest
ethical standards in all aspects of its educational mission and business practices,
including employment.
- Protect the University’s assets and ensure their proper and efficient use. Theft, carelessness,
and waste have a direct impact on the University’s operations. Any suspected incident
of fraud or theft should be immediately reported for investigation.
- Comply with applicable laws, rules, and regulations at all levels of government in the United States and in any other jurisdiction in which Supplier does business.