Code of Ethics & Compliance
Code of Ethics & Compliance
Code of Ethics
- Members will establish and maintain standards of conduct that go beyond the requirements of law.
- Members will carry out all activities in a manner becoming of and bringing honor to the good reputation of the profession, PDI, the entity they represent, and the State of Iowa.
- Members will be honest and straightforward in all agreements, transactions, promised services, and delivery of services.
- Members pledge to maintain confidentiality, with particular attention to proprietary information received during the provision of services.
- Members pledge to maintain the spirit of fairness in competition and to help eradicate any deceptions or comments that violate the spirit.
- Members have a duty to avoid conflict of interest and all appearances of conflict.
- Members agree to cooperate with fellow PDI members in informal exchanges of information and ideas reflecting practices, procedures, trends, and policy pertaining to economic development notwithstanding the maintenance of confidentiality with proprietary information.
- Members pledge to consider long-term economic issues, environmental issues, and impact on natural and human resources in dealing with specific projects, policies, or procedures.
- Members will not initiate recruiting of a company located in another Iowa community.
- Members will promote community/organization, or the area being represented, first. In the event a company’s needs cannot be met, members will try to meet the needs somewhere in the state.
- Members shall not engage in any use of PDI identity in lobbying on any issue without prior authority of the Legislative Committee.
- Members shall be objective in dealing with prospects and shall not make derogatory remarks about another member, community, or entity, nor shall a member tell another member, community, or entity what they can or cannot offer a prospect.
Compliance
Members agree to abide by the principles laid out in the Code of Ethics and to comply with all Bylaws, regulations, and rules of professional conduct of PDI.
Compliance of this Code of Ethics is specifically designed to be rehabilitative and not punitive. The process for reporting an alleged violation is:
- A confidential written complaint written presented to the President of the Board of Directors outlining the nature of the alleged violation including:
- The name of the complainant
- Nature of the complaint citing specific section(s) of the PDI Code of Ethics in question.
- All important dates, witnesses and supporting documentation.
- The President will review the complaint and appoint a three-member special-purpose panel from the existing Board of Directors for resolution.
- Complaints will be confidential among all parties.
