Give and Receive Gifts and Entertainment Responsibly
We keep our interactions honest, and we avoid offering or accepting items of value that could seem improper. Strong relationships are important to our success at Howard Hughes, so it may be polite and appropriate to accept modest gifts and hospitality. However, giving or accepting gifts can create the perception of impropriety, so we must know and follow all applicable laws and regulations.
What is considered a gift?
A gift may be anything of value. Gifts can take many forms including:
- Promotional items
- Material things like jewelry
- Meals, travel, and entertainment
- Donations, grants, and sponsorships
- Free or discounted products
- Employment, consulting, and educational opportunities
How We Give and Receive Gifts and Entertainment Responsibly
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Give or accept only gifts of nominal value, provided openly and legally
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Attend appropriate product demonstrations and site visits
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Share gifts of promotional items with our team when possible
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Report all improper conduct and gift offers immediately
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Cash or cash equivalents above $100
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Any favors or gifts of excessive value
Follow the Blueprint
A: Occasional meals of modest value are OK if they are business-related. Remember that gifts of excessive value are not allowed. They give the impression that the vendor is unduly influencing you. If you have any doubts, review our Gift Policy and discuss the situation with your manager before accepting the invitation.
A: Giving gifts to vendors as a token of appreciation can be a thoughtful gesture. It’s essential to do so responsibly and in compliance with Company policies and industry regulations. Before sending a gift, review our Gift Policy to ensure you’re complying with any restrictions or guidelines. Additionally, consider the nature and value of the gift to avoid any appearance of impropriety or undue influence. Transparency and ethical behavior are essential when giving and receiving gifts in a business context.
A: Accepting gifts from vendors can create conflicts of interest and raise questions about impartiality and favoritism. It’s best to decline gifts from vendors to avoid any perception of impropriety. If you’re unsure whether accepting the gift is appropriate, consult your Company’s policies or discuss the matter with Culture + People. Maintaining integrity and impartiality in business relationships is essential to uphold ethical standards and maintain trust with stakeholders.