Exchanging Gifts and Entertainment Responsibly

Our Commitment

We earn the trust of our customers and business partners through our performance. Exchanging reasonable gifts and entertainment can build trust and goodwill in our business relationships, but we should never allow these practices to influence our business decisions, or even create the appearance of influence. Gifts and entertainment must have a legitimate business purpose, be reasonable under the circumstances, comply with applicable law and the recipient’s policies and procedures, and reflect our Values.

How We Act with Integrity

Respond in kind at a suitable time after accepting entertainment to help avoid any obligation to our host.
Consult the Law Department before offering any gift, favor or entertainment to any government official or employee of a state-owned entity.
Accurately and fully document all gifts, meals and entertainment provided to customers or third parties when filing expense reports, in accordance with Hexcel policy.

Offer or accept monetary gifts, such as cash, gift cards or personal discounts, or any other gift of more than modest value.
Offer or accept any gift that could impair a reasonable person’s judgment, or that could embarrass Hexcel if made public.
Offer or accept any lavish entertainment or entertainment at questionable venues (e.g., gambling or adult entertainment locales).

Integrity in Action

I would like to send a holiday gift basket valued at $75 to a customer to express gratitude for their ongoing business. Is this acceptable?

Yes. This gift would be acceptable, provided that the customer is not employed by the government and such gifts are infrequent, because it is of “modest” value at less than $100. However, even gifts of modest value can be a problem if they become frequent, conditional, or violate applicable law or the recipient company’s policies.