
Ethical Business Environment
At Ashtrom Group, we are committed to conducting our business with integrity, fairness, and full compliance with the law. We believe that consistent, ethical behavior is essential to earning the trust of our employees, customers, partners, and stakeholders—and is key to our long-term success. Our Code of Ethics serves as a guiding compass for all activities, and we’ve set ambitious goals to continually strengthen our ethical standards.


0
Material Ethical Incidents
0
Women on the Board
0
of Employees Signed the Code of Ethics
0
Innovation Projects for a Sustainable Future
0
New Policy Documents Published This Year
0
Local Procurement*
** In Ashtrom Construction, Ashtrom Residences, Ashtrom Properties, and Ashtrom Residences for Rent.
*For the 12-month period ending 31.12.24
Ashtrom Group's Code of Ethics
The Code of Ethics reflects the Group’s commitment to conducting business properly and fairly, while setting clear standards for all employees and affiliated companies. Every officer and employee of the Ashtrom Group is expected to uphold the highest standards of ethical conduct, personally and professionally. This includes acting with honesty, integrity, and trustworthiness in interactions with colleagues, customers, suppliers, the public, business partners, and governmental bodies. Employees may raise concerns or submit inquiries regarding potential violations of this code at any time.
Prevention of Bribery and Corruption
The Ashtrom Group is committed to fair, transparent business practices and maintains zero tolerance for bribery and corruption. Such conduct conflicts with the Group’s core values of honesty and integrity and can lead to reputational damage, financial loss, and legal consequences. To prevent these risks, the Group raises employee awareness, establishes clear work procedures, and implements a comprehensive compliance program.
Privacy Protection and Information Security
Ashtrom Group strives to safeguard the privacy and information security of its employees, customers, and business partners. The Group operates in full compliance with applicable laws and relevant regulations. The Group has established comprehensive security policies and procedures, covering key areas such as information system protection, access authorization management, password protocols, data backup and recovery, physical security, documentation and control, and dealing with cyber incidents. In addition, it operates a monitoring center for cyber incidents, conducts regular information security surveys, and performs periodic penetration tests.
Compliance
Ashtrom Group places the utmost importance on full compliance with all applicable laws and regulations and has implemented procedures to ensure adherence throughout the organization. All employees are responsible for complying with the legal requirements relevant to the Group’s operations. Since unlawful conduct by employees can also negatively impact the Group, we take proactive measures to prevent such behavior wherever possible. In 2024, there were no material instances of non-compliance with internal policies or external regulations.
Promoting Innovation for a Sustainable Future
In 2024, Ashtrom Group continued to lead Israel’s construction and real estate sector by integrating innovative tools and strategies across the entire value chain—from developing advanced, environmentally friendly building materials to planning future-ready projects and managing sustainable properties. As part of our strategic vision, we promote pioneering collaborations with industry leaders and academic institutions, creating synergy between cutting-edge technology, hands-on expertise, and leading research.
Responsible Supply Chain
Ashtrom Group is committed to promoting a responsible and ethical supply chain, recognizing that our influence in this area is substantial and extends across all aspects of our operations. We do our best to work with contractors and/or suppliers who conduct their business honestly, fairly, in accordance with the law, avoid corruption, and adhere to ethical behavior. As part of its efforts to strengthen corporate responsibility and establish a responsible supply chain, this year Ashtrom Group took two significant steps: publishing a human rights policy on the Group's website, reflecting its commitment to protecting human dignity and rights, and advancing the implementation of ESG clauses in agreements with suppliers—another step toward creating high standards of ethics and business responsibility.