Governance
We adhere to high standards of environmental, social, and governance (ESG) practices. This includes transparent reporting on sustainability efforts and continuous improvement in our operation.
Our Environmental and Social Responsibility Committee is responsible for assisting the Board in overseeing BITF's programs, policies, and practices relating to health and safety, environmental sustainability, and corporate social responsibility.
Ethics and compliance
We maintain a strong commitment to ethical business practices, ensuring that our growth and operations do not compromise environmental and social responsibilities.
Code of Business Conduct and Ethics
Copies of this Code are made available to all persons bound by it, either directly or by posting of the Code on Bitfarms' website at www.bitfarms.com. All employees are required to acknowledge the Code of Business Conduct and Ethics and complete annual ethics and compliance training.
Anti-Bribery and Anti-Corruption
Our Anti-Bribery and Anti-Corruption Policy sets out our commitment to maintaining the highest standards of integrity and accountability in our business affairs while at the same time seeking to grow our business and enhance shareholder value. Specifically, we do not tolerate any kind of association with our representatives engaging in corrupt activities, and we require our representatives to report actual or suspected acts of corruption.
Additional details can be found in our bribery and anti-corruption policy.
Whistleblower Policy
As part of our commitment to ethical and responsible business conduct, we are focused on maintaining accountability of accounting, internal controls, recordkeeping and auditing processes as well as creating a respectful and honest environment which does not tolerate discrimination, harassment, sexual harassment, fraudulent or unethical practices.
Additional details can be found in our whistleblower policy.
Our policy seeks to ensure compliance with all applicable legal and regulatory requirements relating to our business in all material respects. We expect all directors, officers, employees, consultants and contractors to participate actively in maintaining this standard.
The Audit Committee and the Board of Directors are informed of filed complaints or concerns at regularly scheduled meetings (unless they are unfounded or unless the materiality of the complaint requires earlier action).
Disclosure and Confidentiality
We are committed to maintaining the highest standards of integrity and accountability in its business affairs while at the same time seeking to grow its business and enhance shareholder value. As part of our commitment to ethical and responsible business conduct, and to comply with applicable securities laws, we put in place a Disclosure and confidentiality/insider training policy.
Pay equity
Pay equity is defined as equal pay for work of equal or comparable value regardless of gender. It requires comparing female-dominated and male-dominated jobs. We comply with Pay Equity legislation in the jurisdictions in which we operate in terms of maintaining pay equity records and reporting, as well as applicable communications and statements.
Data privacy and security
- We are committed to maintaining strong data privacy and security oversight and programs.
- Our cybersecurity programs include:
- Monitoring and responding to data breaches
- Employee training, such as cybersecurity awareness, information security, and compliance for all employees
- Internal and external security audits or vulnerability assessments for training and policies
- Our data privacy and security programs include:
- Our Disclaimer & Privacy Policy, including rights provided to individuals regarding the control of their data
- Employee training
- Privacy risk assessments or audits