Varma employees may participate in events organised by other parties which are justifiably organised for a purpose related to Varma’s business or, for instance, to strengthen relationships with a customer or supplier.
If a Varma employee has been invited to an event organised by a third party outside of the capital city area or the area where she/he works, attendance always requires the permission of a supervisor. Varma pays the costs arising from the trip (at least travel and accommodation costs). The organiser of the event can, however, pay the travel costs if said organiser is Tela, the Federation of Finnish Financial Ser vices, or another organisation for which Varma is a major provider of financing.
Varma allows entertainment events that are justifiably organised for a purpose related to Varma’s business, for instance, to reinforce the company’s corporate image or to strengthen relationships with a customer or supplier. The grounds for the hospitality must be approved and objective, and it must be received without equivalent consideration and not give rise to doubts about the appropriateness of Varma’s operations or the integrity of Varma’s employees.
Events organised for customers and other co-operation partners must be planned with care and should include a programme if such is in keeping with the nature of the event. So far as possible, representatives of different customers and co-operation partners must be simultaneously invited to the event.
Customers’ and partners’ travel costs related to such events are not compensated unless there are exceptional reasons related to the type and purpose of the event.