Conflict of Interest Policy Template

A conflict of interest can arise when an employee or agent of a company puts their interests above the company’s or uses their status to advance their personal or financial interests outside of the company. A policy like this is meant to inform employees of what a conflict of interest looks like, what to do if one arises, and what actions might be taken in response to a conflict.

Purpose

The purpose of this policy is to ensure that all employees and agents of [Sender.Company] perform the duties of their position with the highest level of integrity and professionalism while prioritizing the interests of [Sender.Company] . In the normal course of business, employees and agents of [Sender.Company] may have the opportunity to advance their own personal or financial interests above the interests of [Sender.Company] .

Any party who acts outside of [Sender.Company] ’s best interest or uses their knowledge or position within [Sender.Company] to procure personal or financial benefits outside of their standard terms of employment are in violation of this policy. Failure to comply with this policy may result in disciplinary action up to and including termination.

Scope

This conflict of interest policy applies to all employees of [Sender.Company] , either employed part-time or full-time, and it applies to all agents involved in the business of [Sender.Company] , e.g., owner, director, contractor, stakeholders, or another third party. All of these parties are expected to follow the provisions of this policy where it applies to them.

Examples

A conflict of interest may take many different forms that include but are not limited to:

Employees or agents participating in activities that render direct or indirect profit to a competitor

Starting a business that provides services similar to [Sender.Company] ​

Employees’ or agents' ability to use their position with [Sender.Company] for their own personal or financial benefit